Michael Konarzewski

Member’s name: Michael Konarzewski
Date of Hearing: 19 August 2026
Division: New South Wales
Tribunal: Disciplinary

On 19 August 2026 the Disciplinary Tribunal found Mr Michael Konarzewski breached CPA Australia’s 11 May 2022 Constitution (“the Constitution”), Article 36(a) in that he had “committed, participated in or been involved with an Adverse Event” as defined in:

Complaint 1
Article 76(l) of the Constitution in that he was “Closely Associated with a Practice Entity: (i) which has become Insolvent: (A) at the time when it became Insolvent; or (B) at any time during the two years prior to it becoming Insolvent” by reason of his role as sole director and secretary of M Plus Advisers Pty Ltd ACN 651 417 784 (Company) trading as Prowess Partners, in which voluntary administrators were appointed on 19 September 2025 and liquidators appointed on 31 December 2025.

Background
Mr Konarzewski was Closely Associated with M Plus Advisers Pty Ltd at the time it became insolvent. His “Close Association” was primarily established through his role as director and secretary of M Plus Advisers Pty Ltd at the relevant time. The liquidators opined in their report that the Company may have been insolvent since December 2023, however voluntary administrators were not appointed until 19 September 2025.

Decision
Mr Konarzewski attended the Disciplinary Tribunal Hearing and admitted the Complaint.  The Disciplinary Tribunal considered the evidence before it and found that the Complaint was sustained.

Penalty and Conditions
The Disciplinary Tribunal took into consideration the manner in which the member dealt with the complaint, his cooperation throughout the disciplinary process and mitigating circumstances which led to the external administration. However, the primary concern of the Tribunal related to the fact that the company was, in the opinion of the liquidator, insolvent since December 2023 and administrators were not appointed until September 2025. Although the Member took steps to work on identified issues, the Disciplinary Tribunal felt that length of time was too long in all the circumstances. Mr Konarzewski was the sole director and was the only party who could take action. The ATO and third party creditors did suffer as a consequence of the insolvency. The Disciplinary Tribunal imposed the following penalties:

Complaint 1:

• Forfeiture of membership; not eligible for readmission for a period of 1 year.
• Mr Konarzewski’s Status to be reduced from FCPA to CPA.  

The Member was ordered to pay CPA Australia’s costs of $13,207.74.