Regulation and standards

Conduct Panel Findings

The IAB Adjudication Panel hears cases where a member or supervised practice is alleged to have fallen short of the Institute’s professional standards or its anti money laundering obligations. The outcome of every case referred to the Panel is published below.

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Publishing these findings is part of the IAB’s commitment to transparency as a professional body and an HM Treasury named AML supervisor. Entries are listed by hearing date, earliest first.

Hearing Date	Member name	Member number	Supervised Practice name	Non-compliance issue	Outcome
07/12/2021	Fergus Stracey	194698	C T B Book Keeping Limited	Compliance failing: Misconduct: Breach of IAB professional standards in practice.	Case found. Fine £600
16/03/2022	Gulden Wood	237486	Wrexham Accounting Limited	Compliance failure: Failed to engage with an inspection	Case found. Excluded from membership, AML Supervision terminated
16/03/2022	Dayaman Saranasin Patabendigei	283760	Malvi Accountancy Services Ltd	Compliance failure: Failed to engage with an inspection	Case found. Excluded from membership, AML Supervision terminated
02/08/2022	Rachana Karki	500121743	Smart Tax Accountancy Ltd	Compliance Failing: Failed to engage with AML inspection action plan	Case found: Excluded from membership and AML supervision. £100 fine.
02/08/2022	Fiona Perks	294463	CB Bookkeeping	Compliance Failing: AML Policies not suffice to be in practice	Case found: Must cease practice until supervision is confirmed by a supervisory body. £1,562.50 fine.
02/08/2022	Felix Dada	281974	FBD Services	Compliance Failing: AML policies not suffice to be in practice	Case found: Must cease practice until supervision is confirmed by a supervisory body. £1,625 fine. Appeal heard on the 05/09/2022 and appeal rejected.
14/06/2023	Matthew Gridley	296448	M J Gridley Ltd	Compliance failure: Failed to engage with an inspection action plan	Case found. Excluded from membership
14/06/2023	Usman Razaq	263762	File Tax Returns Ltd	Compliance failure: Failed to engage with an inspection action plan	Case found. 1. The certificate of AML Supervision be revoked. 2. The member must cease public practice with immediate effect. 3. The member be ineligible for supervision until such time as an AML action plan review has been completed.
08/11/2023	Andrew Smith	500122776	Andrew Smith Bookkeeping Services Limited	Compliance failure: Failure to comply with the Money Laundering Regulations 2017	Case found: Member fined £25,000. Appeal heard on the 12/12/2023. Fine amount amended to £23,101
14/12/2023	Godwin Vordoagu	500121570	Danvord Uk Ltd	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department; AND: Unregulated practice	Case found: Excluded from membership. £100 fine.
14/12/2023	Oyebode Usman Ayankoya	294701	Hawkish	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department; AND: Unregulated practice	Case found: Excluded from membership. £100 fine.
14/12/2023	Mohamed Irfan Abdul Azeez	500122790	UK Accounts & Tax Ltd	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department	Case found: £100 fine.
14/12/2023	Zivio Mascarenhas	208402	Taxeasy Ltd	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department	Case found: £100 fine.
14/12/2023	Gemma Bennett	500124896	Accounting Locally Ltd	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department AND: Unregulated practice	Case found: £100 fine. Requirement to provide proof of active supervision
14/12/2023	Ian Pedley	500124941	Bookkeeping Birmingham	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department AND: Unregulated practice	Case found: £100 fine. Requirement to take up AML supervision
14/12/2023	Stacey Clausen	293917	T/a Adaptable Business Services	Compliance failing: Failure to provide DBS	Case found: £100 fine DBS check to be provided within 14 days of hearing date
14/12/2023	Richard Boulter	500123244	Harding & Boulter	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department AND: Unregulated practice	Case found: Requirement to take up AML supervision
14/02/2024	Ian Pedley	500124941	Bookkeeping Birmingham	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department AND: Unregulated practice	Case found: Excluded from Membership. £4,600 fine, £500 costs
14/02/2024	Richard Boulter	500123244	Harding & Boulter	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department; AND: Unregulated practice	Case found: Excluded from Membership. £5,000 fine, £500 costs
20/03/2024	Syed Hasan	500118424	Cloud Age Accountancy Ltd	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department AND: Unregulated practice	Case found: £3,000 fine, Must submit requested information by 27/03/2024
20/03/2024	Mike Whelan	500122562	Hospitality Business Services Ltd	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department	Case found: £200 fine £100 costs Must submit requested information by 31/03/2024
20/03/2024	Matthew Cowell	264847	Strata	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department AND: Unregulated practice	Case found: Must submit requested information by 27 March 2024
20/03/2024	Svetlana Molodcova	282286	Klever Bookkeeping Ltd	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department	Case found: £3,000 fine, Must submit requested information by 27 March 2024
24/04/2024	Jijuraj Ponmadithil	500125013	Future Tech PVT Ltd	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department;	Case found: £2,500 fine, £500 costs, Must submit requested information within 7 days
24/04/2024	Syed Hasan	500118424	Cloud Age Accountancy Ltd	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department AND: Unregulated practice	Case found: Excluded from Membership, £500 costs
24/04/2024	Mike Whelan	500122562	Hospitality Business Services Ltd	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department AND: Unregulated practice	Case found: Excluded from Membership, Revocation of AML Supervision, £500 costs,
25/06/2024	Mohamed Walji	500121819	GDS Accountancy Ltd	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department	Case found: The Member may resign their professional membership by mutual agreement
25/06/2024	Penelope Borlase	500122648	PMB Bookkeeping	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department	Case found: The member must submit their AML Complete profile within 30 days (by Thursday 25 July 2024)
25/06/2024	Mohammad Javed Answer	292614	JA Business Services Ltd	A member with an affiliated practice that is eligible for IAB supervision (as outlined in Schedule 2) must receive AML supervision from the IAB. Failure to comply	Case found: Upon expiration of the current HMRC AML Supervision the member must take out IAB AML Supervision • The member must pay costs of £100 • Non-compliance with the above order will result in the case being referred to the Adjudication Panel
07/08/2024	Mohammed Nadeem	500123719	Hasim & Co Accountants	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department AND: Unregulated practice	Case found: The member must: • submit the required information to IAB within 30 days (by 6 September 2024) • must pay costs of £100
07/08/2024	Geevaka Silva	500125514	Triangle Business Services Ltd	Compliance failure: Failure to comply with any required action notified by the Compliance or Membership Department AND: Unregulated practice	Case found: The member must: • submit the required information to IAB within 30 days (by 6 September 2024) • must pay costs of £100
07/08/2024	Andrew Parker	298503	Accountant4U	A member with an affiliated practice that is eligible for IAB supervision (as outlined in Schedule 2) must receive AML supervision from the IAB. Failure to comply	Case found: • Upon expiration of the current HMRC AML Supervision the member must take out IAB AML Supervision • The member must pay costs of £100 • Non-compliance with the above order will result in the case being referred to the Adjudication Panel, where the Panel may consider making further orders, including but not limited to issuing further fines, costs, or removal of professional membership.
12/02/2025	Lisa Saville	166427	Lisa Saville Bookkeeping	Compliance failing; and Subscription, fines, or other arrears	Case found: Termination of supervision + membership. Costs £700 [appeal grounds not found]
12/02/2025	Muhammad Naeem	295544	Muhammad Naeem	Compliance failing	Case found: Termination of supervision + membership. Costs £400 [appeal grounds not found]
12/02/2025	Tracy Wrobel	222474	Bookkeeping Buddies Ltd	Compliance failing	Case found: 30 day requirement to populate IAB Complete system in full. £100 costs £ 500 fine, Public reprimand. [appeal grounds not found]
09/02/2026	Gerald Kelly	500126723	Kelly & Co	Dishonesty – failure to disclose previous disciplinary proceedings by other relevant Professional Body.	Excluded from IAB professional membership; Ineligible for future IAB professional membership; Reprimand issued; Fine of £5156.25 and costs of £200 levied. [Appeal grounds not found]
09/02/2026	Christina Eggleton	292524	Next Level Accountancy Ltd	Compliance failing; Professional Misconduct - failure to satisfactorily engage in a complaint resolution process; found to have fallen below the standard of behaviour expected of a professional member.	AML Supervision revoked; Excluded from IAB professional membership; Ineligible for future IAB professional membership; Ineligible for a Certificate of AML Supervision with the IAB going forward; Reprimand issued; Fine of £1500 and costs of £200 issued. [Appeal grounds not found]
09/03/2026	Andrew Price	260672	Price Accountancy Services	Unregulated practice; Compliance failing.	"The member to be excluded from IAB professional membership; The member to be ineligible for professional membership with the IAB for the period of 24 months; Fine of £575 and costs of £500 issued. [Appeal grounds not found]"
09/03/2026	Zoe Rosborough (Goodchild)	500124606	Innovate Accountancy Limited	Dishonesty; Professional Misconduct - non-declaration of disciplinary action on membership renewal with the IAB.	"The member to be excluded from IAB professional membership; The member to be ineligible for future IAB professional membership; AML Supervision of Innovate Accountancy Limited with the IAB to be revoked; The member to be ineligible for a certificate of AML Supervision with the IAB going forward; Fine of £12,656.25 and costs of £500 issued. [Order upheld by Appeals Panel]"
14/09/2026	Ghazanfar Mehmood Karim	500129044	HAARIS & CO. ACCOUNTANTS LTD	Unregulated practice.	Case found. Excluded from IAB professional membership; indefinitely ineligible for professional membership and AML supervision with the IAB. Fine of GBP 750 and costs of GBP 300 levied.

40 findings published. If you believe an entry is inaccurate, contact the IAB.

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