Bruce, Michael P. of Dallas, TX

Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Bruce was admonished, effective November 14, 2017, and directed to complete the remedial actions listed below. This action is based on the disciplinary action taken by the Texas State Board of Accountancy. Details regarding the Board’s disciplinary action can be found on the state board’s website.

Remedial Actions:

  1. To comply immediately with professional standards applicable to the professional services he performs.
  2. To complete the 7-hour continuing professional education (CPE) course, Upcoming Peer Review: Is Your Firm Ready? within six months and provide evidence of such completion (e.g., attendance sheets, course completion certificates, etc.).
  3. Within 60 days, Mr. Bruce 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, he must explain how the firm has complied with its state board requirements, the bylaws of the AICPA, and the state CPA society’s peer review requirements.