Steve Naidenov CPA

Member's name: Steve Naidenov CPA
Date of Hearing: 26 February 2021
Division: New South Wales
Tribunal: Disciplinary Tribunal

On 26 February 2021, the Disciplinary Tribunal found the Member breached CPA Australia’s Constitution of 22 May 2018:

Complaint 1

Article 39(a)(ii)C, in that he failed to observe a proper standard of professional care, skill or competence as joint and several liquidator, of each of the following companies (jointly and severally, Companies):

• National Auto Dealers NSW Pty Ltd
• Tucorp Constructions Pty Ltd
• Tucorp Maintenance Pty Ltd.

In that he failed to:

• inform creditors of matters relevant to the affairs of each of the Companies; and/or
• properly investigate matters relevant to the affairs of each of the Companies.

Complaint 2:

Article 39(a)(ii)A of the CPA Australia Constitution by failing to 'provide a satisfactory explanation with respect to the matters referred to in the Complaint' to CPA Australia.

Mr Naidenov attended the Disciplinary Tribunal Hearing and he denied Complaint 1 and admitted Complaint 2.

Penalty and costs

The Disciplinary Tribunal found the Complaint sustained and imposed the following penalties:

Complaint 1:

• Severe reprimand

Complaint 2:

• Severe reprimand
• $2,000 fine

The Member was ordered to pay CPA Australia's costs of $2,619.02.