Home secretary donor reprimanded by accountancy regulator
An accountancy firm director was severely reprimanded by the regulator and handed a £14,000 fine for breaching accountancy standards. Andeep Mangal, director of Birmingham-based accountancy firm Thapers Chartered Accountants, received a severe reprimand and a £14,000 fine on Wednesday for two separate allegations, and was ordered to pay a further £11,455 in costs to the [...]
Andeep Mangal, director of Birmingham-based accountancy firm Thapers Chartered Accountants, faced severe reprimand and a £14,000 fine from the accounting regulator for two serious breaches of accounting standards. The Institute of Chartered Accountants in England and Wales (ICAEW) accused Mangal of misclassifying a property he managed for seven years as a company asset without proper verification of legal ownership.
Additionally, the regulator accused him of knowingly filing incorrect company accounts, including the wrongly classified property, to evade late-filing penalties. Mangal donated £2,500 to the home secretary, Shabana Mahmood, in July 2025, for which he faced criticism. The ICAEW's disciplinary hearing revealed that the property owner had raised concerns about the accounts in 2022, and Mangal admitted to the allegations during his testimony.
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