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Cameron Charles Macdonald
Content Summary
Member’s name: Cameron Macdonald
Date of hearing: 31 August 2023
Division: Queensland
Tribunal: Disciplinary
Date of hearing: 31 August 2023
Division: Queensland
Tribunal: Disciplinary
On 31 August 2023 the Disciplinary Tribunal found Mr Cameron Macdonald breached CPA Australia’s:
• Constitution of 28 April 2014 (and as subsequently amended) Article 39(a)(ii)C, in that he “failed to observe a proper standard of professional care, skill or competence” by failing to prepare a 2017 annual return for a client’s self-managed superannuation fund in a timely manner and/or failing to return a client’s documents.
• Article 36(a) of the 11 May 2022 Constitution, by having “committed, participated in or been involved with an Adverse Event” as defined in Article 76(c) which states he “breached this Constitution (or a constitution of the Company in force from time to time before the Amending Date), By-Laws, Code of Professional Conduct or the Applicable Regulations” by failing to provide a satisfactory explanation with respect to the matters referred to in the Complaint as required by By-Law 5.2(a)(ii).
Mr Cameron Macdonald attended the Disciplinary Tribunal and admitted the Complaints.
Penalty and costs:
• Constitution of 28 April 2014 (and as subsequently amended) Article 39(a)(ii)C, in that he “failed to observe a proper standard of professional care, skill or competence” by failing to prepare a 2017 annual return for a client’s self-managed superannuation fund in a timely manner and/or failing to return a client’s documents.
• Article 36(a) of the 11 May 2022 Constitution, by having “committed, participated in or been involved with an Adverse Event” as defined in Article 76(c) which states he “breached this Constitution (or a constitution of the Company in force from time to time before the Amending Date), By-Laws, Code of Professional Conduct or the Applicable Regulations” by failing to provide a satisfactory explanation with respect to the matters referred to in the Complaint as required by By-Law 5.2(a)(ii).
Mr Cameron Macdonald attended the Disciplinary Tribunal and admitted the Complaints.
Penalty and costs:
The Disciplinary Tribunal found the Complaints sustained and imposed the following penalties:
Complaint 1:
• A severe reprimand.
• A fine of $3,000.
• Mr Macdonald must successfully complete a CPA Australia Best Practice Program assessment or its equivalent within six (6) months, failing such successful completion being notified to the General Manager Professional Conduct his membership will be forfeited.
• Mr Macdonald must either:
Complaint 1:
• A severe reprimand.
• A fine of $3,000.
• Mr Macdonald must successfully complete a CPA Australia Best Practice Program assessment or its equivalent within six (6) months, failing such successful completion being notified to the General Manager Professional Conduct his membership will be forfeited.
• Mr Macdonald must either:
o provide evidence to the GMPC of having lodged the 2017 SMSF Annual Return on or before 30 September 2023; or
o provide evidence to the GMPC that he has provided the complainant’s documents to him or his nominated new accountant and Mr Macdonald had terminated the client retainer.
If Mr Macdonald fails to provide such appropriate evidence to the GMPC his membership will be immediately forfeited.
• The GMPC to notify the Tax Practitioners Board of the decision of the Disciplinary Tribunal.
Complaint 2:
• A severe reprimand.
• A fine of $2,000.
The Member was ordered to pay a contribution to CPA Australia’s costs of $3098.80.
Complaint 2:
• A severe reprimand.
• A fine of $2,000.
The Member was ordered to pay a contribution to CPA Australia’s costs of $3098.80.
