I setup a company with my sister. She recommended a friend of hers that told her he was working as an accountant for a large multinational. We decided to use him and gave him full access to our bank account.
We began trading and business was beginning to take off. Some time later I became suspicious of the accountant due to some fundamental error that he had made. I began to fully investigate every single transaction, lodgment, sale, purchase etc. What I discovered horrified me.
*First of all he was NOT qualified although he had told us that he was.
*He wrote cheques or made payments on the behalf of other companies which I have verified had no dealings with my company.
*None of the invoices had proper numbers and started at 621 (0-620 didn't exist)
*Some invoices he had used different vat numbers on them.
*He withdrew money from the company bank account and won't explain why.
*When we parted company he never/refused to return the cheque book or bank statements, lodgment books
Forgetting that some of the above could appear as criminal, can I report him to the accrediting body in which he is almost qualified?
Can I use the threat of reporting him to the accrediting body to force him to comply?
What are the accrediting body likely to do?
Any other suggestion besides the criminal route would be appreciated
We began trading and business was beginning to take off. Some time later I became suspicious of the accountant due to some fundamental error that he had made. I began to fully investigate every single transaction, lodgment, sale, purchase etc. What I discovered horrified me.
*First of all he was NOT qualified although he had told us that he was.
*He wrote cheques or made payments on the behalf of other companies which I have verified had no dealings with my company.
*None of the invoices had proper numbers and started at 621 (0-620 didn't exist)
*Some invoices he had used different vat numbers on them.
*He withdrew money from the company bank account and won't explain why.
*When we parted company he never/refused to return the cheque book or bank statements, lodgment books
Forgetting that some of the above could appear as criminal, can I report him to the accrediting body in which he is almost qualified?
Can I use the threat of reporting him to the accrediting body to force him to comply?
What are the accrediting body likely to do?
Any other suggestion besides the criminal route would be appreciated