Raymond Lansdown

Member’s name: Raymond Lansdown
Date of Hearing: 3 August 2026
Division: New South Wales
Tribunal: Disciplinary Tribunal

On 4 August 2026 the Disciplinary Tribunal found Mr Raymond Lansdown 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(c) of the Constitution in that he breached the 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” in that he breached By-Law 9.5(b) of the 1 October 2025 By-Laws that provides:

Every member holding a current Public Practice Certificate must, for so long as the Member holds the Public Practice Certificate:

(b) in respect of a Practice Review under the Practice Review Program relating to that Member, comply with all Practice Review steps and requirements and successfully complete a periodic Practice Review within the Practice Review Program Prescribed Timeframes.

Background

As the holder of a CPA Australia Public Practice Certificate, Mr Lansdown was selected to undergo a Practice Review. Following the Practice Review Assessment conducted on 25 September 2024, CPA Australia issued the Member with an Assessment Support Plan. The Plan included high-priority action items relating to:

• Auditing Standard ASQM 1 Quality Management for Firms that Perform Audits or Reviews of Financial Reports and Other Financial Information, or Other Assurance or Related Services Engagements; 
• SMSF auditing requirements (including relevant Australian Auditing Standards (ASAs), Australian Standards on Assurance Engagements (ASAEs), the Superannuation Industry (Supervision) Act 1993 (SISA) and the Superannuation Industry (Supervision) Regulations 1994 (SISR)); 
• APES 305 Terms of Engagement; 
• APES 220 Taxation Services; 
• APES 315 Business Services; 
• APES 320 Quality Management for Non-Assurance Services; 
• APES 325 Risk Management for Firms; and 
• APES 110 Code of Ethics for Professional Accountants (including Independence Standards).

The Member was required to address these high-priority action items by 30 April 2025. Despite several requests from CPA Australia, the Member failed to complete the required corrective actions and therefore failed to complete the Practice Review and obtain a Letter of Completion.

Decision

Mr Lansdown attended the Disciplinary Tribunal Hearing and admitted the Complaint. The Disciplinary Tribunal considered the evidence before it and the Member’s admission and found the Complaint sustained.

Penalty and Costs: 

The Disciplinary Tribunal considered the submissions and mitigating factors put forward by the Member and his attempt to address the findings. However, it also noted that the Member ultimately disengaged from the assessment process, thereby demonstrating a lack of understanding of the importance of complying with the requirements of the Practice Review and the importance of having policies and procedures in place when providing accounting and auditing services. The Disciplinary Tribunal imposed the following penalties:

Complaint 1:

• Forfeiture of membership; not eligible for readmission until the Member successfully completes a compliant CPA Australia Practice Review at his own cost.

Costs

The Member was ordered to pay CPA Australia’s costs of $14,526.50.