Thanks for reading CPA Practice Advisor!
Subscribe for free to get personalized daily content, newsletters, continuing education, podcasts, whitepapers and more…
Subscribe Already registered? Log In
Need more information? Read the FAQs
May 28, 2021
CPA Practice Advisor Cover May 2021
Accounting Standards December 19, 2025
AICPA Seeks Comment on Ethics Rules Update for Alternative Practice Structures
The exposure draft identifies relationships and circumstances that could impair independence and addresses factors for evaluating threats, where appropriate.
Auditing December 19, 2025
CPA Barred, Audit Firm Fined by PCAOB for Quality Control Issues
Jennifer Crofoot, a former audit partner at Fruci & Associates II, was barred for three years and the firm was docked $50,000 for failing to follow U.S. auditing rules and standards in connection with the audits of four public companies.
Auditing December 19, 2025
PCAOB Fines Florida Audit Firm $35,000 Over Tardy Form AP Filings
West Palm Beach, FL-based accounting firm Beckles & Co. agreed to a censure and fine for repeatedly failing to make required disclosures about who worked on audits.
Auditing December 19, 2025
PCAOB Censures and Fines Texas Firm for Audit Failures
Sugar Land, TX-based accounting firm TPS Thayer was sanctioned on Dec. 4 for violations that include failing to supervise an unregistered China-based firm.