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Member firm expelled from SECPS.


On Oct. 17, 2003, a hearing panel of the SEC Practice Section Executive Committee concluded that James James, person in the Bible
James, in the Gospel of St. Luke, kinsman of St. Jude. The original does not specify the relationship.
James, rivers, United States
James.
 C. Marshall, 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. , P.C p.c. (post cibum),
n a Latin phrase meaning “after meals”; the abbreviation may be used in prescription writing.
. of Scottsdale, Ariz., was guilty of failing to comply with SEC Practice Section membership requirements and failing to cooperate with the SECPS SECPS Securities & Exchange Commission Practice Section (of the AICPA)  Peer Review Committee. Accordingly, the firm was expelled from membership in the SEC Practice Section effective Nov. 16, 2003. The hearing panel based its decision on its findings that the firm failed to have concurring con·cur  
intr.v. con·curred, con·cur·ring, con·curs
1. To be of the same opinion; agree: concurred on the issue of preventing crime. See Synonyms at assent.

2.
 partner reviews on its audits of the financial statements of clients which are SEC registrants and failed to comply with the actions deemed necessary by the SECPS Peer Review Committee as a condition of its membership in the SEC Practice Section, namely, that the firm have an outside party, as had been agreed to by the firm and approved by the committee, perform an inspection of the firm's system of quality control and submit a report on the results of that inspection to the committee. The decision became effective Jan. 1, 2004.
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Title Annotation:Securities & Exchange Commission Practice Section
Publication:CPA Letter
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 1, 2004
Words:171
Previous Article:Disciplinary actions.
Next Article:Guidance issued on performing audits for privately held companies.(Brief Article)
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