Davis, III, Walter D. – Houston, TX 

    Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Davis’ AICPA membership was suspended for a period of one-year, effective March 20, 2014, in connection with the disciplinary action taken by the Texas State Board of Accountancy. Specifically, the state board reprimanded Mr. Davis and placed his CPA license on probated suspension for three years for violating the terms of an agreed consent order, ratified on September 20, 2012, by issuing an audit report before the release was approved by the Board-approved preissuance reviewer; failing  to exercise due professional care as regards to the timely completion of audits for his clients, and failing to report the minimum amount of continuing professional education by his individual license due date.

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