2020 Peer Review Firm Terminations
Effective – January 2020
Consecutive non-pass reports in system reviews
The AICPA Peer Review Program terminated the following firm's enrollment in the AICPA Peer Review Program for failure to cooperate by failing to design a system of quality control, and/or sufficiently complying with such a system, that would provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects, such that the firm received consecutive pass with deficiency or fail reports.
- Key & Associates, P.C. – Silver Spring, MD
Failing to Correct Deficiencies or Significant Deficiencies After Consecutive Corrective Actions
The AICPA Peer Review Program terminated the following firm’s enrollment in the AICPA Peer Review Program for failure to cooperate. The firm failed to correct deficiencies or significant deficiencies after consecutive corrective actions required by the peer review committee on the same peer review.
- Jennings and Harris CPA’s PC - Sedalia, MO
Effective – February 2020
Failing to submit signed acknowledgement letters:
The AICPA Peer Review Program terminated the following firm’s enrollment in the AICPA Peer Review Program for failure to cooperate. The firm did not timely submit evidence of agreement to perform remedial actions as required as a condition of completion of its peer review.
- Gene Damron CPA – Olive Branch, MS
Effective – July 2020
Failure to complete a corrective action
The AICPA Peer Review Program terminated the following firms’ enrollment in the AICPA Peer Review Program for failure to cooperate. The firms did not complete corrective actions designed to remediate deficiencies identified in their most recent peer review.
- Peter Witts, CPA – Lowell, MA
- Koshers & Company – Merrick, NY
- The Robert Halliday Co., Ltd – Solon, OH
Consecutive non-pass reports in system reviews
The AICPA Peer Review Program terminated the following firms'' enrollment in the AICPA Peer Review Program for failure to cooperate by failing to design a system of quality control, and/or sufficiently complying with such a system, that would provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects, such that the firm received consecutive pass with deficiency or fail reports.
- Haley & Associates, LLC – Beltsville, MD
- Caldwell, Taylor & Brown, Ltd. – Minneapolis, MN
Effective – August 2020
Failure to complete a corrective action
The AICPA Peer Review Program terminated the following firm’s enrollment in the AICPA Peer Review Program for failure to cooperate. The firm did not complete corrective actions designed to remediate deficiencies identified in their most recent peer review.
- Spielman, Koenigsberg & Parker LLP – New York, NY
Consecutive non-pass reports in system reviews
The AICPA Peer Review Program terminated the following firm's enrollment in the AICPA Peer Review Program for failure to cooperate by failing to design a system of quality control, and/or sufficiently complying with such a system, that would provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects, such that the firm received consecutive pass with deficiency or fail reports.
- Brooks & Associates CPAs, LLC – Largo, MD
Consecutive non-pass reports in engagement reviews
The AICPA Peer Review Program terminated the following firm’s enrollment in the AICPA Peer Review Program for failure to cooperate by continually failing to perform and report on engagements selected for peer review in conformity with applicable professional standards in all material respects, such that the firm received consecutive pass with deficiency or fail reports.
- Sutton & Simmons, PLLC – Rexburg, ID
Noncooperation related to omission or misrepresentation of information:
The AICPA Peer Review Program terminated the following firm’s enrollment in the AICPA Peer Review Program for failure to cooperate. The firm either omitted or misrepresented information that should have been provided to their peer reviewer relating to its accounting and auditing practice.
- Fliegel CPA PC – Lynnbrook, NY
Effective – September 2020
Consecutive non-pass reports in system reviews
The AICPA Peer Review Program terminated the following firm's enrollment in the AICPA Peer Review Program for failure to cooperate by failing to design a system of quality control, and/or sufficiently complying with such a system, that would provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects, such that the firm received consecutive pass with deficiency or fail reports.
- Alton D. Thiele P C – Belton, TX
Effective – October 2020
Failure to complete a corrective action
The AICPA Peer Review Program terminated the following firms’ enrollment in the AICPA Peer Review Program for failure to cooperate. The firms did not complete corrective actions designed to remediate deficiencies identified in their most recent peer review.
- Brent T. Carroll, CPA P.A. – Centreville, MD
- Arnold C. Charles, CPA – Jamaica, NY
- Burch, Fincher & Company, P.C. – Dallas, TX
- N. Wesley Pughsley Jr., CPA, PC – Roanoke, VA
Consecutive non-pass reports in system reviews
The AICPA Peer Review Program terminated the following firms’ enrollment in the AICPA Peer Review Program for failure to cooperate by failing to design a system of quality control, and/or sufficiently complying with such a system, that would provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects, such that the firm received consecutive pass with deficiency or fail reports.
- A.L. Taylor & Associates – Chicago, IL
- Teti and Carswell CPAs – Rockville, MD
Consecutive non-pass reports in engagement reviews
The AICPA Peer Review Program terminated the following firms’ enrollment in the AICPA Peer Review Program for failure to cooperate by continually failing to perform and report on engagements selected for peer review in conformity with applicable professional standards in all material respects, such that the firm received consecutive pass with deficiency or fail reports.
- Guida & Jimenez, P.A. – Tampa, FL
- William A. Bronec Ltd – Franklin Park, IL
- John C. Smith, Jr. CPA – Pink Hill, NC
Failing to complete its peer review after it has commenced:
The AICPA Peer Review Program terminated the following firm’s enrollment in the AICPA Peer Review Program for failure to cooperate. The firm did not timely submit to its administering entity documents required to complete the acceptance process of its peer review.
- Schwartz & Nesbitt, P.C. – Marlborough, CT
