Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Redman’s AICPA membership was suspended for two years, effective June 22, 2015. Mr. Redman was also directed to complete remedial actions listed below. This action is based on the disciplinary action taken by the North Carolina State Board of Certified Public Accountant Examiners. Details regarding the Board’s Order can be found on their website.
- To comply immediately with professional standards applicable to the professional services he performs.
- To complete, within six months, the 9 hour continuing professional education (CPE) course, Upcoming Peer Review: Is Your Firm Ready? and provide evidence of such completion (e.g., attendance sheets, course completion certificates, etc.).
- Within 60 days, Mr. Redman must provide copies of his firm’s most recent peer review documents to the Technical Standards Subcommittee of the Professional Ethics Division, including the report, acceptance letter, corrective action, if any, and any matters for further consideration and findings for further consideration.
If his firm has not had a peer review in the current three year cycle, explain how the firm has complied with its state board requirements and the bylaws of the AICPA and the state CPA society’s peer review requirements.