Disciplinary actions.

As a result of an investigation of alleged violations of the Codes of Professional Conduct of the AICPA and/or state CPA societies, the following ethics case has been resolved by settlement agreement under the Joint Ethics Enforcement Program:

* James Ross of Tulsa, Okla., admonished, effective

Sept. 1, 2006. As a result of decisions by hearing panels of the Joint Trial Board, the following members have had their AICPA memberships: --Terminated:

* Gala J. Fort of Las Vegas, effective Sept. 22, 2006.

* Peter D. Sheran of Brooklyn, N.Y., effective Aug. 31, 2006.

* Gene G. Smith of Alma, Mich., effective Sept. 22, 2006.--Suspended:

* Philip Katz of Brooklyn, N.Y., suspended from membership in the AICPA for one year, effective Aug. 31, 2006.

* William Katz of Brooklyn, N.Y., suspended from membership in the AICPA for one year, effective Aug. 31, 2006.

Under the automatic disciplinary provisions of the Institute's bylaws, the following members have had their AICPA memberships:

--Terminated because of a final judgment of conviction for a crime punishable by imprisonment for more than one year:

* Gary D. Herwitz of New York, effective Aug. 11, 2006.

* Barry Korcan of Beaver Falls, Pa., effective Aug. 11, 2006.

--Suspended coincident with the duration of the suspension period imposed by the Oregon Board of Accountancy following disciplinary action:

* Kevin J. Sundberg of Vancouver, Wash., effective Aug. 30, 2006.

--Admonished following disciplinary action imposed by the Texas State Board of Public Accountancy:

* Joe N. Florey of Odessa, Texas, effective Aug. 11, 2006. Details on these disciplinary actions can be accessed through:

www.aicpa.org/pubs/cpaltr/index.htm