- 1 Marks
Question
Which ONE of the following sanctions may NOT be imposed by The Institute of Chartered Accountants of Nigeria on its members for misconduct?
- A. Reprimand
- B. Suspension from membership
- C. Expulsion from membership
- D. Sealing off practice office
- E. Payment of costs
Answer
D
Explanation: The answer is D. Sealing off practice office. ICAN has disciplinary powers over its members, including reprimands, suspensions, expulsions, and requiring the payment of costs. However, sealing off a member’s practice office is not within the scope of sanctions ICAN typically imposes.
- Tags: Disciplinary Actions, ICAN, Member Misconduct, Professional Ethics, Sanctions
- Level: Level 3
- Topic: Regulatory Investigations and Disciplinary Actions
- Series: NOV 2011
- Uploader: Dotse