As a result of an investigation of alleged violations of the Code of Professional Conduct of the AICPA, Mr. Dimun entered into a settlement agreement under the Joint Ethics Enforcement Program, effective May 12, 2014.
Information came to the attention of the Ethics Charging Authority (“ECA”) (the AICPA Professional Ethics Executive Committee) alleging a potential disciplinary matter with respect to Mr. Dimun’s compliance with the New Jersey State Board of Accountancy’s continuing professional education requirements. After an investigation, Mr. Dimun was charged with violating the following rule of the AICPA Code of Professional Conduct:
Rule 501 – Acts Discreditable of the AICPA Code of Professional Conduct for failing to comply with the continuing professional education (CPE) requirements of the New Jersey State Board of Accountancy for the period January 1, 2006 – December 31, 2008.
In consideration of the ECA forgoing further investigation of Mr. Dimun’s conduct as described above and in consideration of the ECA forgoing any further proceedings in the matter, Mr. Dimun agrees as follows:
a. To waive his rights to a hearing under AICPA bylaws section 7.4.
b. To neither admit nor deny the above specified charges.
c. To comply immediately with professional standards applicable to the professional services he performs.
d. To be admonished by the ECA.
e. That the ECA shall publish his name, the charges, and the terms of this settlement agreement.