Summary of Decision Re: Thomas Tanner
Mr. Tanner was the financial accountant at a private company located in Halifax Regional Municipality (the Complainant). His general accounting duties included depositing cash and recording the associated entries into the accounting records.
The owners of the company initiated a written complaint which alleged that Mr. Tanner had taken cash, falsified expenses, and recorded the falsified expenses into the accounting records to conceal his misappropriation.
Following an investigation, the Investigation Panel laid charges against the Member related to contravention of the following sections of the CPA Nova Scotia Code of Professional Conduct:
201 Maintenance of the Good Reputation of the Profession
202.1 Integrity and Due Care
212.2 Handling Property of Others
213 Unlawful Activity
Summary of Disposition
Mr. Tanner admits he is guilty of the charges and that the admitted conduct constitutes professional misconduct. He acknowledges he failed to fulfill his duties as the financial accountant when he engaged in fraudulent conduct on various dates by entering fictitious journal entries into the accounting records; misappropriating cash from his employer’s cash on hand to his personal benefit, and failed to deposit the full monetary amounts entrusted to him in accordance with his duties to make deposits into his employer’s bank account.
Mr. Tanner and CPA Nova Scotia entered into a Settlement Agreement on June 22, 2020.
The Hearing Panel of CPA Nova Scotia accepted the admissions of Mr. Tanner and found him guilty of breaches of the standards of practice set out in the charges, and that the conduct set out in the charges constituted professional misconduct.
The Hearing Panel agreed to the disposition, including:
The Settlement Agreement was approved by the Hearing Panel in an oral decision on August 20, 2020, and the Order reflecting the decision is dated September 22, 2020.