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.
2025-11-17T21:10:00Z By Oscar Gonzalez
A probe into Fannie Mae uncovered compliance and governance concerns involving FHFA director Bill Pulte and other senior officials. The result, so far at least, was not to address the concerns uncovered but to fire staff in Fannie Mae’s ethics and internal investigations unit.
2025-11-13T20:34:00Z By Jaclyn Jaeger
The DOJ dropped a June 2024 indictment against a Cassava Sciences advisor, closing a case tied to an alleged short-selling scheme and related government probes. The case was criticized for fundamental flaws in evidence and legal procedures.
2025-11-10T21:16:00Z By Adrianne Appel
The former U.S. chief compliance officer of hedge fund firm Capula Investment Management has blown the whistle against his former employer, alleging he was terminated for raising concerns about improper expensing practices.
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