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ACCA Applied Knowledge · Business and Technology · The role of regulatory and professional bodies in promoting ethical and professional standards in the accountancy profession

An ACCA member in practice is found by the professional body's investigation to have carried out audit work without the required qualification and has also failed to cooperate with the investigation. Which statement about the professional body's likely approach is most accurate?

The body can treat the failure to cooperate as a separate disciplinary matter, because members are required to assist regulatory investigations as a condition of membership. The investigation continues regardless, and the decision remains with the body rather than the employer.

  1. AFailure to cooperate is irrelevant because only the original breach can be considered
  2. BThe body can treat failure to cooperate as a separate disciplinary matter, as members are required to assist regulatory investigationsCorrect
  3. CThe body must stop its investigation until the member agrees to take part
  4. DThe body can only pass the case to the member's employer to decide

Explanation

Members agree to comply with the body's rules, which include cooperating with investigations. Non-cooperation can therefore be a separate breach that may attract its own sanction. The body does not have to pause the investigation or hand the decision to an employer.

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