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ACCOUNTANCY BOARD TAKES DISCIPLINARY ACTIONS AGAINST VIOLATORS

 SACRAMENTO, Calif., Jan. 12 /PRNewswire/ -- The California State Board of Accountancy released a list of disciplinary actions taken against violators today.
 Complaints of certified public accountants' or public accountants' alleged misconduct are thoroughly investigated under the auspices of the State Board of Accountancy. In some cases information is gathered by the Department of Consumer Affairs' Division of Investigation. Following investigations, a review is performed by the Board of Accountancy's Administrative Committee, and a decision is made either to close the case for lack of jurisdiction or evidence, or to refer the matter to the attorney general for review and preparation of an accusation against the licensee. If charges are filed against a licensee, that individual may either enter into a settlement agreement to be acted upon by the board, or a hearing is held before an independent administrative law judge who submits a proposed decision to be considered by the 12-member Board of Accountancy. The board may either accept the proposed decision or decide the matter itself.
 The following is a summary of disciplinary actions taken by the California State Board of Accountancy against licensees at the Dec. 3-4, 1993, board meeting in San Francisco. Note the listing for disciplinary cases in your area:
 Encino, Calif. -- Sheldon Solomon Silverberg
 In April 1990, Silverberg stipulated to discipline relative to an allegation of gross negligence in a 1983/84 audit engagement. Discipline was imposed that included stayed revocation with a three-year term of probation, reimbursement of board investigative and prosecution costs and other standard terms of probation.
 During 1991, the board amended the stipulation allowing Silverberg to pay his reimbursement costs to the board over a deferred payment schedule. Silverberg subsequently became delinquent in his payments and a petition to revoke probation was filed during July 1993. For purposes of settlement, the terms of probation were extended for 12 months to allow Silverberg additional time to pay off the outstanding reimbursement costs still due the board.
 Sacramento, Calif. -- Patrick C. Bushta
 The proposed Stipulation, Decision and Order of the board in the matter of the accusation filed against Patrick C. Bushta was adopted. Bushta committed gross negligence on a review engagement for the October 1990 reporting period; he failed to return client records after receiving numerous requests for their return, practiced public accountancy for approximately nine months during 1991-92 without a valid permit and failed to perform services for a client for which he was paid. Bushta was convicted in Sacramento Municipal Court for violation of Business and Professions Code Section 5050 relative to his unlicensed practice.
 On Dec. 3, 1993, the Board of Accountancy took action to revoke Bushta's license. Revocation was stayed with 3 years probation imposed. Probation terms include suspension for 120 days, reimbursement to a client for work billed but never delivered, reimbursement to the board for investigative costs, 40 hours of additional CPE as directed by the Administrative Committee, prohibition from audits, reviews or compilations unless done under the supervision and approval of another CPA, and other standard terms of probation.
 Sacramento, Calif. -- Llewellyn D. Wahl
 The proposed Stipulation, Order and Decision of the board in the matter of the accusation filed against Llewellyn D. Wahl was adopted. Wahl was grossly negligent in his handling of an examination by the Oregon Department of Revenue relative to a client's 1981 tax return and failed to adequately safeguard the client's tax files.
 The Board of Accountancy took action at its Dec. 3, 1993, meeting to revoke Wahl's license. Revocation was stayed, with 3 years probation imposed. Probation terms include reimbursement to the board for investigative costs, and restitution to the client for penalties and interest imposed by the Oregon Department of Revenue, 24 hours of additional CPE as directed by the Administrative Committee, and other standard terms of probation.
 San Rafael, Calif. -- Steven W. Schulte
 The proposed Stipulated Settlement and Order of the board in the matter of the accusation filed against Steven W. Schulte was adopted. It was determined that Schulte had performed audit engagements in a grossly negligent manner during the period 1986-1988.
 On Dec. 3, 1993, the Board of Accountancy took action to revoke Schulte's license. Revocation was stayed, with 3 years probation imposed. Probation terms include reimbursement to the board for investigative costs, 32 hours of CPE as directed by the administrative committee (20 of these hours to be above the 80 normally required for license renewal), prohibition from audits or reviews unless directed by another licensee, prohibition from compilations unless reviewed by another CPA prior to release and other standard terms of provocation.
 Stockton, Calif. -- Charles H. Blomberg
 The proposed Stipulation, Decision and Order of the board in the matter of the accusation filed against Charles H. Blomberg was adopted. For purposes of settlement, Blomberg admitted he was grossly negligent relative to his responsibilities on an audit engagement.
 On Dec. 3, 1993, the Board of Accountancy took action to revoke Blomberg's license. Revocation was stayed, with three years probation imposed. Probation terms include reimbursement to the board for investigative costs, peer review of Blomberg's accounting practice within three years, prohibition against any audit or review engagements during the term of probation and other standard terms of probation.
 Stockton, Calif. -- John Blomberg
 The proposed Stipulation, Decision and Order of the board in the matter of the accusation filed against J. Carlos G. Punzalan was adopted.
 For purposes of settlement, Blomberg admitted he was grossly negligent relative to his responsibilities on a governmental audit engagement. The Board of Accountancy took action to revoke Blomberg's license. Revocation was stayed, with 3 years probation imposed. Probation terms include reimbursement to the board for investigative costs, peer review of Blomberg's accounting practice within three years, prohibition against any governmental audit during the term of probation, unless reveiwed by an outside CPA firm prior to release of the report, and other standard terms of probation.
 Walnut, Calif. -- J. Carlos G. Punzalan
 The proposed Stipulation for Settlement of the Board in the matter of the accusation filed against J. Carlos G. Punzalan was adopted. For purposes of settlement, Punzalan neither admits or denies, but does not contest he was grossly negligent relative to his responsibilities on audit engagements. During the engagements at issue, Punzalan was employed as audit manager for the firm of Laventhol and Horwath.
 On Dec. 3, 1993, the Board of Accountancy took action to revoke Punzalan's license. Revocation was stayed, with three years probation imposed. Probation terms include reimbursement to the board for investigative costs, 80 hours of additional CPE as directed by the Administrative Committee, peer review of Punzalan's current firm within 12 months and other standard terms of probation.
 During the period from Jan. 1, 1993, to Dec. 31, 1993, the board received 893 complains; 391 complaints resulted from services being performed by persons practicing accountancy without a California license; 1,026 complaint cases were closed; 488 investigations were opened; 43 legal accusations were filed; 54 citations were issued; and 44 disciplinary actions were taken by the board.
 Copies of the accusations and decisions regarding any of these disciplinary actions are available by sending a written request to the Board of Accountancy office, Attention: Disciplinary Action, 2135 Butano Drive, Suite 200, Sacramento, CA 95825. Please indicate licensee's name and enclose check or money order in the amount of $3.00 for each request.
 -0- 1/12/94
 /CONTACT: Carol Sigmann, executive officer of the Board of Accountancy, 916-574-2189/


CO: California State Board of Accountancy ST: California IN: SU:

RB-IC -- SF006 -- 1524 01/12/94 16:15 EST
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Date:Jan 12, 1994
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