Schmidt, Keith of Spokane, WA

Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Schmidt’s AICPA membership was suspended for six months, effective March 23, 2017, in connection with the disciplinary action taken by the Washington State Board of Accountancy. Specifically, the state board fined Mr. Schmidt $1,000 and required that he complete eight hours of CPE (a four-hour Board ethics course and a four-hour AICPA ethics course) for failing to remain free of a conflict of interest while performing professional services and therefore, failing to remain in compliance with the AICPA Code of Professional Conduct.