2024 Peer Review Firm Terminations
Effective – January 2024
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 or implementation plans designed to remediate deficiencies identified in the firm’s most recent peer review.
- Jack & Company – Draper, UT
- Jim Lavender & Company – Germantown, TX
- Michael Arthur Petersen, CPA LLC – El Paso, TX
Effective – February 2024
None
Effective – March 2024
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 comply with the requirements of the program 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.
- Cornelius, Schou & Leone, LLC – Jacksonville, FL
Effective – April 2024
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 or implementation plans designed to remediate deficiencies identified in the firm’s most recent peer review.
- Foster & Associates, CPA, LLC – Portland, OR
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.
- Swarts & Swarts – Las Vegas, NV
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 comply with the requirements of the program 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.
- Douglas R. Leatham, CPA – New Bedford, MA
Effective – May 2024
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 comply with the requirements of the program 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.
- Fittante & Colenso, CPA, PC – Iron Mountain, MI
- Stephen L. German A. C. – Reedley, CA
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 provided to its administering entity relating to its accounting and auditing practice.
- Dunn & Dill CPA's, PC – Garland, TX
