Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Miller was suspended from membership for two years, effective January 23, 2017, the date of the state board’s Order, and directed to complete the 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 disciplinary action can be found on the state board’s website.
To provide an attestation immediately, then every six months for a period of three years that he is no longer performing audits, reviews or compilations. If he returns to performing such work, he agrees:
- To complete the 7-hour continuing professional education (CPE) “Upcoming Peer Review: Is Your Firm Ready?” prior to commencing such work and provide evidence of such completion (e.g., attendance sheets, course completion certificates, etc.).
- To schedule a system peer review of his firm. The review should be scheduled through his firm’s administering entity within 60 days of the acceptance of an attest engagement and he must submit evidence of the scheduled system review by submitting a copy of the review team approval letter issued by his firm’s administering entity. His firm’s accepted peer review documents will be due to the Ethics Charging Authority within 10 months of resuming attest engagements.