Ian J Rae CPA

Member’s name: Mr Ian J Rae CPA
Date of Hearing: 26 February 2013
Division: New South Wales
Tribunal: Disciplinary Tribunal

On 26 February 2013 the Disciplinary Tribunal found Mr Ian J Rae breached:

• Article 39(a)(ii)A of the Constitution on two occasions in that he breached Section 7.2 of APES 220 “Taxation Services” in lodging a client’s income tax returns for 2008 and 2009 without her authority or signature
• Article 39(a)(ii)B.2) of the Constitution on two occasions in that he was guilty of “conduct derogatory to or not in the best interests of the Company or its Members” in in lodging a client’s income tax returns for 2008 and 2009 without her authority or signature
• Article 39(a)(ii)B.2) of the Constitution on three occasions in that he was guilty of “conduct derogatory to or not in the best interests of the Company or its Members” in respect of the late lodgement of a client’s income tax returns for three consecutive years.

Mr Rae attended the Hearing and admitted the Complaints.

Penalty and Costs

The Disciplinary Tribunal imposed the penalty of:

• on each of the seven Complaints sustained, a severe reprimand
• that Mr Rae satisfactory complete the Ethics & Governance segment of the CPA Program by 30 June 2014, a failure to meet this requirement to result in forfeiture of membership.

Mr Rae was also ordered to pay a contribution towards CPA Australia’s costs of $672.