Probe Set Out on ICAEW, ICAS Members Over Healthcare Locums Plc

Jack Humphrey, Regulatory journalist
December 06, 2011 /

The Accountancy and Actuarial Discipline Board (AADB) has started an investigation under its Accountancy Scheme into the conduct of certain members of the Institute of Chartered Accountants in England and Wales (ICAEW), and of the Institute of Chartered Accountants of Scotland (ICAS), and of BDO LLP as auditors of Healthcare Locums plc.

The investigation relates to the preparation, approval and audit of the financial statements of Healthcare Locums plc and its subsidiaries for the years ended 31st December 2008 and 2009; preparation and approval of the interim financial statements of Healthcare Locums plc and subsidiaries for the six months ended 30th June 2010; operation by Healthcare Locums plc and its subsidiaries of the discounting facility with Barclays Bank plc during 2010; and compliance by Healthcare Locums plc and subsidiaries with the National Health Service terms and conditions as set out in the Framework Agreements since 1 January 2008.

For the avoidance of doubt, the AADB’s investigation will consider the conduct of certain members in relation to historic issues around compliance by Healthcare Locums plc and subsidiaries with the National Health Service terms and conditions as set out in the Framework Agreements up until 30th June 2010.

The AADB’s decision to initiate an investigation was taken following references from the ICAEW and ICAS.

The AADB is independent of the professions it disciplines and operates in the public interest.

 

Share your opinion