Rodney Kidd | CPA Australia

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Member’s name: Rodney Kidd
Date of Hearing: 11 September 2025
Division: Western Australia
Tribunal: Disciplinary

At the Disciplinary Tribunal held on 11 September 2025, CPA Australia alleged Mr Rodney Kidd breached CPA Australia’s 11 May 2022 Constitution (“the Constitution”) Article 36(a) when he had “committed, participated in or been involved with an Adverse Event” as defined in:

Volume 1 - Complaint 1:

Article 76(c) of the Constitution, in having “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 comply with:

the fundamental principle of Professional Competence and Due Care as set out in Rule 113.1 of APES 110 by failing to act diligently in accordance with applicable technical and professional standards; and/or
the principle of Professional Competence and Due Care as set out in Rule 3.3 of APES 210; and/or
the Auditing and Assurance Standards as required by Rule 4.1 of APES 210 when providing Professional Services in respect of the Audit.

Volume 1 – Complaint 2:

the fundamental principle of objectivity required by section 112.2 of APES 110, and/or
the principle of independence required by section 3.2, objectivity, of APES 210 in the conduct of the Audit

Mr Kidd attended the Disciplinary Tribunal and denied the Complaints 1 and 2 in Volume 1, arising from a complaint received from a client.

The Disciplinary Tribunal determined that:

Volume 1 Complaint 1 was sustained
Volume 1 Complaint 2 was not sustained

In its decision, the Disciplinary Tribunal took into consideration that:

Mr Kidd failed to comply with the fundamental principle of Professional Competence and Due Care under APES 110 Rule 113.
Mr Kidd stated in his Auditor’s Report that the accounts presented “actual expenses” when they were accrual expenses, and he admitted this.
Mr Kidd used his professional judgement in choosing accrual accounting, so this issue alone did not determine the complaint.
Mr Kidd admitted he did not prepare Audit Engagement Letters for the client over four years, breaching APES 210 Rule 4.1.
It was also unclear whether his working papers were adequately secured.
The Tribunal sustained Complaint 1 on the basis of an absence of an Audit Engagement Letter

Volume 2 - Complaint 1:

By-Law 9.1(a), by providing Public Accounting Services within the Commonwealth of Australia without holding a current Public Practice Certificate

Mr Kidd attended the Disciplinary Tribunal and denied the Complaint in Volume 2.

The Disciplinary Tribunal determined that:

Volume 2 Complaint 1 was sustained

In its decision, the Disciplinary Tribunal took into consideration that:

Mr Kidd admitted performing audits over four years with fees exceeding $10,000.
Mr Kidd did not hold a current Public Practice Certificate.

Penalty and Costs:

Volume 1 - Complaint 1:

A severe reprimand.

Volume 2 - Complaint 1:

Within 14 days from the date of receipt of the Tribunal Outcomes, Mr Kidd must provide a signed undertaking on terms acceptable to the GMPC that he will not provide Public Accounting Services.
If Mr Kidd fails to comply with the above:
- Forfeiture of membership, not eligible for readmission until he successfully obtains a Public Practice Certificate (PPC) with appropriate professional indemnity insurance
- Within the first 12 months of holding a PPC, Mr Kidd must undertake a Practice Review at his cost within the prescribed timeframes and should he fail to successfully complete the Practice Review, Mr Kidd’s membership is immediately forfeited.

Mr Kidd was ordered to pay a contribution to CPA Australia’s costs of $8,500.