Annual report of AICPA disciplinary activity.January 1-December 31, 2003 and 2002 The following is a statistical report of the disciplinary activity of the AICPA AICPA See American Institute of Certified Public Accountants (AICPA). , including cases investigated by the Professional Ethics professional ethics, n the rules governing the conduct, transactions, and relationships within a profession and among its publics. professional ethics liability, n 1. Division, cases handled by the Joint Trial Board Division and actions taken under the automatic suspension/expulsion provisions of the AICPA bylaws The rules and regulations enacted by an association or a corporation to provide a framework for its operation and management. Bylaws may specify the qualifications, rights, and liabilities of membership, and the powers, duties, and grounds for the dissolution of an . The AICPA and state CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. societies participate in the Joint Ethics Enforcement Program. This report includes investigations conducted by state societies resulting in findings of ethics code violations and cases referred to the Joint Trial Board by state societies.
2003 2002
Total cases at beginning of period 752 668
(including 148 and 146, respectively,
deferred due to pending litigation)
Cases opened during period 325 337
Cases completed during period (237) (253)
Total cases at end of period (including 142 840 752
and 148, respectively, deferred due to
pending litigation)
Summary of Disposition of Completed Cases *
Expelled or Suspended 76 75
Admonished 4 2
Corrective Action Required 49 71
No Violation/Dismissed 71 75
No Further Action 25 22
Subsequent Monitoring Completed Satisfactor 6 6
Other 6 2
237 253
* In cases involving suspension of membership or where corrective action A corrective action is a change implemented to address a weakness identified in a management system. Normally corrective actions are instigated in response to a customer complaint, abnormal levels if internal nonconformity, nonconformities identified during an internal audit or is required, respondents are directed to attend specified CPE (Customer Premises Equipment) Communications equipment that resides on the customer's premises. CPE - Customer Premises Equipment courses and thereafter, submit examples of their work products for ethics division review. At Dec. 31, 2003, there were 120 cases being monitored for CPE completion and follow-up review. Cases listed above may include more than one AICPA or state CPA society member. A description of the foregoing disposition categories is in the Professional Ethics Division section of the AICPA Web site (www.aicpa.org/members/div/ethics/defin_sanction sanction, in law and ethics, any inducement to individuals or groups to follow or refrain from following a particular course of conduct. All societies impose sanctions on their members in order to encourage approved behavior. .asp). |
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