The Member self-reported to CPABC that while a principal at an accounting firm, they had overall responsibility for the preparation of compilation engagement financial statements for a client from July 2021 to November 2023. The Member did not have the appropriate public practice licensing from CPABC. The Member represented this was due to an oversight.
The Investigation Committee determined the Member contravened the following:
Rule of the CPABC Code of Professional Conduct:
202.1 - Integrity and due care
Bylaws
700 (1) to (4) - Public Practice by CPA Members
The Investigation Committee recommended the Member to pay expenses of $894.