Purwin, Gary of Bronxville, NY

Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Purwin’s AICPA membership was suspended for one year, effective November 21, 2016, in connection with the disciplinary action taken by the Securities and Exchange Commission (SEC). Specifically, through an “Offer of Settlement”, and without admitting or denying the charges, the SEC denied Mr. Purwin the privilege of appearing or practicing before the Commission as an accountant with the right to apply for reinstatement after one year from the effective date of the SEC’s Order. This decision was based on the SEC’s findings that Mr. Purwin failed to fulfill his role as the engagement partner on audits with final responsibility for the audit work on the company’s engagements, by failing to appropriately assess audit risks; establish audit plans to effectively address those risks; properly supervise the audit engagement; and to exercise professional skepticism.