Michael Damianos
Content Summary
Member’s name: Michael Damianos
Date of Hearing: 12 March 2019
Division: Victoria
Tribunal: Disciplinary Tribunal
On 12 March 2019 the Disciplinary Tribunal found Mr Michael Damianos breached Article 39(a)(ii)A of the 28 April 2014 Constitution in that he breached the 23 July 2018 By-Laws, in particular:
- By-Law 4.2, by failing to produce a record of his Continuing Professional Development for inspection to an officer of CPA Australia within the requested time frame, or at all
- By-Law 9.5(c), by failing to do all acts, matters and things necessary to maintain an Allocated Membership Status of at least "Certified Practising Accountant" whilst holding a Public Practice Certificate
- By-Law 5.2(a)(ii), by failing to provide a satisfactory explanation in writing with respect to a complaint referred on 23 July 2018.
The Member did not attend the Disciplinary Tribunal Hearing.
Penalty and costs
The Disciplinary Tribunal found the Complaints sustained and imposed the following penalties:
- cancellation of the Member’s Public Practice Certificate
- forfeiture of Membership
- a severe reprimand.
Prior to any application for readmission, the Member must provide evidence of having met his Continuing Professional Development obligations to the satisfaction of the General Manager, Professional Conduct.
In addition, if the Member engages in public accounting services and wishes to hold a Public Practice Certificate with CPA Australia he must comply with the requirements of By-Law 9.4 or its equivalent at the time.
The Member was ordered to pay CPA Australia’s costs of $2604.54.