Struck off for Farmers voucher fraud

CLAIRE ROGERS
Last updated 16:42 08/10/2012

Relevant offers

Industries

Is Xero still a hero? Christ's College sells forest stake to Chinese Brakes go on Christchurch house prices Lyttelton port picks falling profits ahead Court raises costs for Feltex appellants Tait wins North American contract McClay confident IRD overhaul won't balloon to $1.9b Airbus predicts Auckland to New York direct by 2033 Video Ezy NZ franchisor in liquidation Bill English pre-budget speech: A tax cut carrot, but books deteriorating

An Auckland woman who reused more than $14,500 worth of Farmers vouchers has been struck off as an accountant.

Anu Rahda Sharma's job at Farmers required her to reconcile and destroy vouchers for the department store, but instead she misappropriated them so she, friends and family could reuse them, according to a report by the Institute of Chartered Accountants' disciplinary tribunal.

The offending took place over a period of more than three years.

The tribunal said Sharma had been convicted in the Manukau District Court in June of three charges of using a document for pecuniary - or monetary - advantage.

Sharma escaped a prison sentence but was ordered to pay reparations of $14,544.24, and serve four months' community detention and six months' supervision.

The tribunal said Sharma's conviction "both reflects on her fitness to practise accountancy and tends to bring the profession into disrepute".

It ordered Sharma, who did not attend the tribunal's disciplinary hearing last month, send representation or enter a plea, to pay it $7572 in costs and struck her off the Institute's register of members.

It said Sharma had 14 days to appeal its decision.

Ad Feedback

- BusinessDay.co.nz

Special offers

Featured Promotions

Sponsored Content