By Jeff Dale2023-08-18T18:41:00
The Public Company Accounting Oversight Board (PCAOB) fined a Colorado-based audit firm and its founding partner a total of $150,000 for alleged professional skepticism failures and improperly altering audit documentation.
The regulator also revoked the registration of the firm, AJ Robbins CPA, and permanently barred its managing partner and owner, Allan Jeffrie Robbins, from association with any registered public accounting firm, the PCAOB announced Thursday.
Between 2016 and 2018, the firm issued multiple audit reports and interim review engagements without first obtaining concurring approval for issuance from an engagement quality reviewer, the PCAOB stated in its final decision.
2023-08-30T14:03:00Z By Kyle Brasseur
Accounting firm Warren Averett agreed to pay a penalty of $200,000 in resolving the first case brought by the Public Company Accounting Oversight Board regarding auditor independence violations related to a firm’s membership in an accounting alliance.
2023-08-11T18:03:00Z By Kyle Brasseur
The Public Company Accounting Oversight Board continued its crackdown on reporting requirement violations with penalties against three audit firms, including a BDO affiliate.
2023-08-09T19:29:00Z By Kyle Brasseur
The Public Company Accounting Oversight Board announced a $125,000 penalty against India-based audit firm K G Somani & Co. for alleged violations of quality control standards.
2025-07-31T18:47:00Z By Adrianne Appel
More than 50 people and 50 ships connected to a top Iranian official were added to the U.S. Treasury’s sanctions list on Wednesday, according to the Office of Foreign Assets Control.
2025-07-31T16:44:00Z By Adrianne Appel
Kentucky took aim at Chinese company Temu, alleging in a lawsuit that it counterfeited popular Kentucky-designed merchandise and violated customers’ privacy.
2025-07-30T17:56:00Z By Aly McDevitt
The Department of Labor is using poultry processing company Mar-Jac Poultry as an example of what will happen when companies repeatedly employ underage workers in hazardous conditions. Hint: Companies can’t pin the blame on staffing agencies.
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