Bezuidenhoudt was only a provisional member of the New Zealand Institute of Chartered Accountants (NZICA) when he held himself out to be a fully qualified member, specialising in areas such as auditing.
In 2013, he was suspended for two years and ordered to pay $8000 after he was found to have misled the public by claiming to be a chartered accountant on his website.
He was adjudicated bankrupt in the High Court in Whangarei in February 2016, based on an outstanding debt of about $20,000.
During sentencing, court-appointed lawyer John Moroney asked for a discharge without conviction because Bezuidenhoudt did not have a previous conviction, and was an intelligent man with a number of professional qualifications.
He was currently working as a bus driver but intended to return to his former profession at the end of his bankruptcy, he submitted.
Moroney said a conviction may impede Bezuidenhoudt's chances of practising as an accountant in future.
The debt on which Bezuidenhoudt was bankrupted didn't exist and that there was a reasonable excuse as to why he did not file a statement of affairs, he said.
Judge Duncan Harvey said Bezuidenhoudt could not continue to dispute the fine or his bankruptcy as all the legal processes have been followed.
As a result of Bezuidenhoudt's actions, he said a huge amount of money has been expended by both the Official Assignee and the Ministry of Justice.
Judge Harvey said if Bezuidenhoudt could pay costs of $2500, he would be discharged without conviction.
The sentencing was adjourned to April 23 after Bezuidenhoudt said he could pay the amount in 10 weeks.
