Hawkes Bay Today
  • Hawke's Bay Today home
  • Latest news
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology

Locations

  • Napier
  • Hastings
  • Havelock North
  • Central Hawke's Bay
  • Tararua

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Napier
  • Hastings
  • Dannevirke
  • Gisborne

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / Hawkes Bay Today

Tribunal censures over car payment

Hawkes Bay Today
27 Jun, 2016 10:12 PM2 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

A Napier book-keeper has been censured after making payments to himself from his client's account to cover the purchase of a vehicle.

Scott Nathan McCarthy came before his profession's disciplinary tribunal last week and admitted a charge of conduct unbecoming an accountant.

McCarthy, according to the tribunal's decision, paid himself $15,000 from his client's bank account to cover the purchase of a Hyundai.

This was done without the accountant getting the appropriate written authority from his client, whose identity was suppressed.

As well as this, the tribunal said McCarthy failed to identify and manage conflicts of interests between December 2014 and June last year

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

This included McCarthy being the accountant for companies and trusts but also having a personal interest in other firms linked to this client.

When deciding on a penalty, tribunal chairman Mike Whale said McCarthy had acknowledged he had a responsibility to ensure the agreement around the vehicle payments were properly documented and that any conflict of interest was properly addressed.

He said there was no evidence of dishonesty or a lack of integrity.

Advertisement
Advertise with NZME.

"The tribunal regards failure to identify and properly manage conflicts of interest as a serious matter," Whale said.

"Of particular note was the member's investment with his client in a company the affairs of which were intertwined with those of another company owned by the member's clients which was in financial difficulty and reliant on bank funding through the joint venture company - the potential for conflict was not addressed by the member until late in the piece," he said.

The fact that a conduct committee cautioned McCarthy in 2014 was an "aggravating factor", he said.

The tribunal censured McCarthy and accepted his undertaking that he would not reapply for a certificate of public practice until next June.

He was ordered to pay $24,000 in costs to the Institute of Chartered Accountants.

Save

    Share this article

Latest from Hawkes Bay Today

Hawkes Bay Today

Motorist dies after four crashes in 40 minutes in Hawke's Bay

Hawkes Bay Today

'We have you surrounded': Police stood down after Hawke's Bay stand-off, search continues

Premium
Hawkes Bay Today

Black Ferns: Tui pair on the big bird for matches in South Africa


Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

Advertisement
Advertise with NZME.

Latest from Hawkes Bay Today

Motorist dies after four crashes in 40 minutes in Hawke's Bay
Hawkes Bay Today

Motorist dies after four crashes in 40 minutes in Hawke's Bay

Some roads remained blocked.

17 Jul 06:02 AM
'We have you surrounded': Police stood down after Hawke's Bay stand-off, search continues
Hawkes Bay Today

'We have you surrounded': Police stood down after Hawke's Bay stand-off, search continues

17 Jul 04:06 AM
Premium
Premium
Black Ferns: Tui pair on the big bird for matches in South Africa
Hawkes Bay Today

Black Ferns: Tui pair on the big bird for matches in South Africa

17 Jul 04:00 AM


Solar bat monitors uncover secrets of Auckland’s night sky
Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

06 Jul 09:47 PM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Hawke's Bay Today e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Hawke's Bay Today
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Hawke's Bay Today
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • NZME Events
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • © Copyright 2025 NZME Publishing Limited
TOP