Fall 2013
Kentucky Board of Accountancy
E-NEWSLETTER
In This Issue
BOARD MEMBERS
BOARD MEMBERS...................... 1
In August of 2012, Kevin Doyle, CPA, Joe Hancock, CPA, and Toni CarverSmith, the non-CPA member, were reappointed by Governor Beshear. Their new
terms will expire as of June 30, 2016. Mr. Doyle is the CFO of Congelton-Hacker
Construction Company in Lexington. Mr. Hancock is the President of Riney
Hancock CPAs PSC in Owensboro and Ms. Carver-Smith is the Associate Director
of Mission Effectiveness and Administration with the Presbyterian Church USA
in Louisville.
BOARD MEETING DATES.............. 1
PEER REVIEW........................... 1
2012 CPA EXAM STATISTICS.......... 2
ALL OF THE FOLLOWING CASES ARE
CPE AUDIT VIOLATIONS........... 3
DISCIPLINARY ACTIONS............... 10
CONTACT INFORMATION............. 14
On June 6, 2013, Jamie Laws, CPA, and Phil Layne, CPA, were reappointed to the
Board. Ms. Laws is a partner at Louis T Roth & Co, in Louisville and Mr. Layne is
the managing partner at Kelley Galloway & Co, PSC, in Ashland. Their new terms
will expire June 30, 2017.
The remaining Board members are Dr. Daniel Fulks, CPA, and Alan Long, CPA.
Dr. Fulks is the Director of the Accounting Program at Transylvania University,
and Mr. Long is the managing partner at Baldwin CPAs, LLC, in Richmond.
In July of 2013, Mr. Layne was elected as President of the Board and Ms. CarverSmith as the Secretary/Treasurer.
BOARD MEETING DATES FOR 2013
The Board meets at its office in Louisville located at 332 W Broadway Suite
310. The following meeting dates remain for 2013: September 20, October 25,
November 14, and December 20. Please keep in mind meetings may be canceled
or rescheduled.
PEER REVIEW
Please remember that as of January 2012 all compilations must undergo peer
review. Even if you, or your firm, only issue compilations for management use
only they must undergo peer review.
To enroll in the peer review program, contact the KY Society of CPAs or another
organization that conducts peer reviews according to the standards established by
the AICPA.
A Member of NASBA
2012 CPA EXAM STATISTICS
January - February Testing Window
383 candidates sat for 470 sections of the exam. 111 were
first time candidates.
48 candidates passed their last sections of the exam and
are now eligible to apply for licensure once they satisfy
the experience requirement.
1234 candidates are currently approved to sit for
different sections of the exam. 217 of these are new
candidates. 1017 are candidates who have previously
taken the exam.
AUD 149 sat
71 passed
48% pass rate
FAR 95 sat
43 passed
45% pass rate
REG 149 sat
77 passed
52% pass rate
BEC
77 sat
43 passed
56% pass rate
April - May Testing Window
351 candidates sat for 433 sections of the exam. 65 were
first time candidates.
49 candidates passed their last sections of the exam and
are now eligible to apply for licensure once they satisfy
the experience requirement.
1116 candidates are currently approved to sit for different
sections of the exam. 239 of these are new candidates.
877 are candidates who have previously taken the exam.
AUD 130 sat
58 passed
45% pass rate
FAR 100 sat
50 passed
50% pass rate
REG 100 sat
58 passed
58% pass rate
BEC
103 sat
62 passed
60% pass rate
July - August Testing Window
457 candidates sat for 622 sections of the exam. 126
were first time candidates.
74 candidates passed their last sections of the exam and
are now eligible to apply for licensure once they satisfy
the experience requirement.
1162 candidates are currently approved to sit for different
sections of the exam. 198 of these are new candidates.
964 are candidates who have previously taken the exam.
AUD 174 sat
91 passed
52% pass rate
FAR 158 sat
78 passed
49% pass rate
REG 155 sat
88 passed
57% pass rate
BEC
135 sat
81 passed
60% pass rate
October - November Testing Window
428 candidates sat for 565 sections of the exam. 74 were
first time candidates.
57 candidates passed their last sections of the exam and
are now eligible to apply for licensure once they satisfy
the experience requirement.
1203 candidates are currently approved to sit for
different sections of the exam. 238 of these are new
candidates. 965 are candidates who have previously
taken the exam.
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Kentucky State Board of Accountancy
E-NEWSLETTER
AUD 146 sat
50 passed
34% pass rate
FAR 144 sat
57 passed
40% pass rate
REG 119 sat
65 passed
55% pass rate
BEC
156 sat
66 passed
42% pass rate
ALL OF THE FOLLOWING CASES ARE
CPE AUDIT VIOLATIONS
2011-051 Martin J. Hampton - Respondent renewed
his license in 2011 and indicated he had completed 60 hours
of CPE. However due to an office and home move in 2010
a number of records were shredded so the Respondent
was only able to substantiate he had completed 26 hours
of CPE, including 2 hours of ethics, when he renewed his
license in 2011.
Remedy: Complete 68 hours in CPE courses within 90 days
from the date the Order is signed by the Board President,
pay a $500 fine and be included in the CPE audit for 2013.
2011-058 Suzanne Renee Wingo - Respondent
renewed her license 2011 and indicated she had completed
60 hours of CPE. The Respondent was able to verify that she
had completed 53.5 hours of CPE, 2 of which were in ethics
related courses.
Remedy: Complete an additional 13 hours in CPE courses
within 90 days from the date the Order is signed by the
Board President, pay a $250 fine and be included in the CPE
audit for 2013.
2011-035 Maria L. Bouvette - Respondent renewed her
license in 2011 and indicated she had completed 60 hours
of CPE. After repeated requests for the documents the
Respondent was able to verify she had completed well in
excess of 60 hours of CPE during the 2009 through 2010
reporting period, apologized for not having responded
earlier, and stated that her office had been in the process
of moving during the time the requests for documents had
been received.
Remedy: Respondent was fined $100.
2011-036 Brandon James Breunig - Respondent
renewed his license in 2011 and indicated he had completed
60 hours of CPE. Following several unsuccessful attempts to
contact the Respondent, on January 24, 2012 Mr. Breunig
advised Board staff he had been experiencing difficulty in
receiving all of his mail but he had completed in excess of
100 CPE hours during 2009 and 2010. He submitted copies
of documents that verified he had completed those hours.
Remedy: Respondent was fined $100.
2011-046 William L. Logan - Respondent renewed his
license in 2011 and indicated he had completed 80 hours of
CPE. Following several attempts to contact the Respondent,
on February 2, 2012 he emailed copies of his completed CPE
documentation along with a letter of explanation.
Remedy: Respondent was fined $100 and will be included
in the CPE audit for 2013.
2011-053 M. Darryl McCormick - Respondent renewed
his license in 2011 and indicated he had completed 80
hours of CPE. Mr. McCormick submitted documentation to
substantiate he had completed 77.5 hours of CPE prior to
renewing his license in 2011. Unfortunately the Respondent
miscalculated that he had completed 80 hours of CPE prior
to renewing his license. The documents further verified that
in August of 2011 Mr. McCormick completed 16 hours of CPE.
Remedy: Complete 5 hours in CPE courses within 90 days
from the date the Order was signed by the Board President.
He received credit for having satisfied this requirement
by using 5 of the 16 CPE hours he completed in August of
2011. He was allowed to use the remaining 11 hours toward
satisfying the CPE requirement when he renews his license
in 2013. In addition he was fined $250 and will be included
in the CPE audit for 2013.
2011-061 Robin A. Meeks - Respondent renewed her
license in 2011 and indicated she had completed 60 hours
of CPE. She was able to substantiate that in 2009-2010
she completed 38 hours of CPE, 2 of which were in an
ethics related course and that on January 5 and 6, 2011 she
completed another 16 hours of CPE for a total of 54 hours
of CPE. When the Respondent renewed her license in 2011
she was 6 hours short of meeting the 60 hours requirement.
On October 24 and 25, 2011 the Respondent completed an
additional 16 hours of CPE.
Remedy: Complete an additional 12 hours of CPE within
90 days from the date the Order was signed by the Board
President. The 16 hours completed after the renewal of
her license was used to satisfy the additional 12 hours.
She was also fined $250 and will be included in the CPE
audit for 2013.
2011-063 Jae B. Yoo - Respondent renewed his license in
2011 and indicated he had completed 60 hours of CPE. The
Respondent verified he had completed 60 hours of CPE,
including 2 hours in an ethics related course, however 6 of
the 60 hours were completed after he renewed his license.
Remedy: Complete an additional 12 hours of CPE within
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Kentucky State Board of Accountancy
E-NEWSLETTER
ALL OF THE FOLLOWING CASES ARE
CPE AUDIT VIOLATIONS (Continued)
90 days from the date the Order was signed by the Board
President. The 6 hours completed after the renewal of his
license may be used to reduce the hours still to be completed
from 12 to 6. He was also fined $250 and will be included in
the CPE audit for 2013.
2011-007 Stephen E. Turner - Respondent renewed his
license in 2008 and indicated he had completed 60 hours
of CPE. Because he was unable to substantiate he had
completed 60 hours of CPE prior to renewing his license,
the Respondent was fined $500 and required to complete
64 hours of CPE (Case No. 2008-028). In addition he was
selected to submit documentation that he complied with the
CPE requirements when he renewed his license in 2010. In
2010 he was unable to substantiate he had completed 60
hours of CPE prior to renewing his license. He was fined
$1000 and required to complete 120 hours of CPE by July
29, 2011(Case No. 2011-007). The check was received in the
proper amount of time but the Respondent failed to submit
documentation to verify he completed the 120 hours of CPE.
Remedy: Respondent’s license was suspended for 30 days,
he was required to submit documentation that verifies he
completed 120 hours of CPE, and reimburse the Board in
the amount of $500 for all fees incurred to prosecute this
matter.
2011-034 Todd A. Berger - Respondent renewed his
license in 2011 and indicated he had completed 60 hours
of CPE. Mr. Berger eventually responded to the request
for documentation stating he was not aware that he had
been chosen for the random audit, that he had completed
his CPE, and would send the documents to the Board.
Respondent emailed his completed CPE documentation
showing 82 hours were completed; however the two hours
in ethics were completed after he had renewed his license.
Remedy: Complete 4 CPE hours all of which must be in
ethics related courses within 90 days from the date the
Order was signed by the Board President. The 2 hours in
ethics completed after the renewal of his license may be
used to reduce the hours still to be completed from 4 to
2. He was also fined $250 and will be included in the CPE
audit for 2013.
2011-039 F. Jeffrey Sizemore - Respondent renewed
his license in 2011 and indicated he had completed 60 hours
of CPE.
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Kentucky State Board of Accountancy
E-NEWSLETTER
Remedy: Complete 180 hours in CPE courses. Four (4) of
these hours must be in ethics related courses. He was also
required to pay a $500 fine and will be included in the CPE
audit for 2013.
2011-054 Julie Lynn Murphy - Respondent renewed
her license in 2011 and indicated she had completed 60
hours of CPE. The Respondent sent an email to the Board
which stated that all of her CPE attendance records were
maintained on a computer system operated by the company
where she is employed but company personnel had deleted
all of those records. She also stated that due to an extended
period of unemployment she would not be able to pay a fine
or complete any CPE courses.
Remedy: Respondent’s license was voluntarily surrendered
as if revoked. If the Respondent shall ever seek to reinstate
her license she shall: complete 180 hours of continuing
professional education within the two years prior to
submitting a reinstatement request, 30 of which must be
in accounting or auditing courses. She must submit proof
of having attended the courses listed on the reinstatement
application, pay the reinstatement fee in effect at that time,
and pay a $500 fine.
2011-037 Oladele Giwa - Respondent renewed his
license in 2011 and indicated he had completed 60 hours
of CPE.
Remedy: Complete 120 hours in CPE courses. Four (4) of
these hours shall be ethics related courses within 90 days
from the date the Order is signed by the Board President.
He must also pay a $500 fine. Failure to pay the fine or
complete the CPE hours shall result in an immediate
suspension of the Respondent’s license without benefit of
a hearing before the Board. The suspension shall remain in
effect until such time as the Respondent pays the fine and
submits proof of having completed the hours. He will also
be included in the CPE audit for 2013.
2011-040 Aaron L. Strahota - The Respondent renewed
his license in 2011 and indicated he had completed 60 hours
of CPE. The Respondent advised the Board that the majority
of his CPE had been obtained from one provider that does
not provide completion certificates.
Remedy: Respondent’s license was voluntarily surrendered
as if revoked. If he seeks to reinstate his license in the future
ALL OF THE FOLLOWING CASES ARE
CPE AUDIT VIOLATIONS (Continued)
he shall submit: proof of having completed 120 hours in CPE
courses and whatever additional CPE course requirements
are in effect for reinstatement of a license when he seeks
reinstatement. He will also have to pay a $500 fine and the
reinstatement fee in effect at the time he seeks reinstatement.
Following reinstatement of his license, the Respondent shall
be included in the CPE audit for the next renewal period.
2011-047 John R. Pendleton - The Respondent was
selected to participate in the 2009 CPE audit. Due to the
failure of the Respondent to submit copies of his CPE
completion documents in the time frame requested by the
Board, he was fined $100. As a result of being fined during the
2009 CPE audit, the Respondent was selected to participate
in the 2011 CPE audit. Due to the failure of the Respondent
to comply with the previous requests to provide documents,
on February 10, 2012 the Board members directed that
a formal complaint be filed. Following the issuance of the
complaint the Respondent eventually provided copies of
the necessary documents to verify he had completed the
appropriate number of continuing education hours prior to
renewing his license in 2011.
Remedy: Respondent was fined $250. He must also
submit documentation to verify he completed his continuing
education requirement prior to be being eligible to renew his
license in 2013.
to the address which is on file with the Board. No response
was received to either letter. On February 11, 2013 the
Respondent contacted the Board via phone stating that he
had been out of town when the audit letters were mailed
and did not return until January 25, 2013. He advised the
Board someone was getting his mail for him but that person
had failed to advise him regarding the letters from the
Board. The Respondent advised the Board staff that he had
completed his 60 CPE hours within his two-year reporting
period and faxed a letter of explanation and a copy of his
CPE hours. The Board reviewed his CPE hours and verified
the Respondent had completed the hours.
Remedy: Respondent was fined $100.
2012-027 Margaret Retzler - The Respondent renewed
her license in 2012 and indicated she had completed 60
hours of CPE. Two letters were mailed to the Respondent
to the address she had provided the Board. No response
was received from the Respondent. On January 17, 2013
the Respondent contacted the Board via phone and advised
she had completed her CPE in the reporting period January
1, 2010 through December 31, 2011 as required and would
submit completion documents to the Board. The documents
verified completion of the CPE requirements but they were
received past the due date.
Remedy: Respondent was fined $100.
2012-023 W. Shane Crum - The Respondent renewed
his license in 2012 and indicated he had completed 60 hours
of CPE. Two letters were sent to the Respondent at the
address which is on file with the Board. No response to the
letters was received from the Respondent and the letter was
not returned by the US Postal Service.
Remedy: Respondent’s license was voluntarily surrendered
as if revoked. If the Respondent ever applies to reinstate
his license he shall first complete 180 hours of continuing
professional education within the two years prior to
submitting a reinstatement request, 30 of which must be
in accounting or auditing courses and 4 in ethics related
courses. He must also submit proof of having attended the
courses listed on the reinstatement application, pay the
reinstatement fee in effect at that time, and pay a fine in the
amount of $500.
2012-024 John J. Grant - The Respondent renewed
his license in 2012 and indicated he had completed 60
hours of CPE. Two letters were mailed to the Respondent
2012-044 Jeffrey L. Kirk - The Respondent renewed his
license in 2012 and indicated he had completed 60 hours
of CPE. Mr. Kirk submitted documentation to verify he
completed 25.75 hours of CPE with 2 of those hours in ethics
related courses.
Remedy: Respondent’s license was voluntarily surrendered
as if revoked. If the Respondent ever applies to reinstate his
license he shall first complete 128.5 hours of continuing
professional education within the two years prior to
submitting a reinstatement request, 30 of which must be
in accounting or auditing courses and 2 in ethics related
courses. He shall also submit proof of having attended the
CPE courses, pay the reinstatement fee in effect at that time,
and pay a $500 fine.
2012-053 Jonathan Louis Grief - The Respondent
renewed his license in 2012 and indicated he had completed
60 hours of CPE. In response to the request the Respondent
submitted documentation that established all of the CPE he
had completed to renew his license was related to his practice
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Kentucky State Board of Accountancy
E-NEWSLETTER
ALL OF THE FOLLOWING CASES ARE
CPE AUDIT VIOLATIONS (Continued)
as a physician. This documentation was considered by the
Board members during their November 2012 meeting and
found not to be professionally enhancing to the Respondent
as a CPA and therefore did not satisfy the CPE requirement.
The Board members allowed the Respondent to have an
additional 60 days to submit proof of having completed
acceptable CPE courses. The Respondent replied that for a
number of past license renewal time periods he was allowed
to use the continuing education courses he completed
to maintain his physician’s license to satisfy the CPE
requirement to renew his CPA license. The Respondent was
correct that in the past he had been able to renew his CPA
license by using continuing education courses associated
with the practice of medicine. However as a result of more
careful review of CPE courses submitted by CPAs in the
last few years it was determined that the courses used by
the Respondent in 2012 to renew his CPA license were not
professionally enhancing to him as a CPA.
Also pay a fine in the amount of $500 and the reinstatement
fee in effect at that time.
2012-022 Paige G. Brown - Respondent renewed her
license in 2012 and indicated she had completed 60 hours of
CPE. Two letters requesting the CPE completion documents
were mailed to the Respondent at the address on file with the
Board. No response to the letters was received. On December
17, 2012 the executive director for the Board emailed to
the Respondent a proposal to resolve her failure to provide
the documentation requested. A reply to the settlement
proposal was received from the Respondent which included
documentation to verify she had completed well in excess of 60
hours of CPE during the 2010 through 2011 reporting period.
The Respondent stated in her cover letter that she apologized
for not having responded to the two previous letters but that
she had not been through her mail for some time.
Remedy: Respondent was fined $100.
Remedy: Respondent’s license was voluntarily surrendered
as if revoked. If the Respondent decides to reinstate his
license in the future he shall comply with the reinstatement
requirements in effect at that time. At the present time
the requirements consist of submitting proof of having
completed 60 hours of CPE, 30 of which must have been in
auditing or accounting courses, within two years prior to the
date the reinstatement application is submitted, payment
of the $200 reinstatement fee, submit proof of having
completed an additional 60 hours of CPE within the two
years prior to submitting a reinstatement request and pay
a $500 fine.
2011-041 Jervis D. Sutton - Respondent renewed his
license in 2011 and indicated he had completed 60 hours
of CPE. Two letters requesting completion documents were
mailed to the Respondent at the address on file with the
Board. No response was received to the letters. A letter was
received from the Respondent on March 16, 2012 which
indicated he had encountered various physical issues over
the years and he was unable to locate any CPE completion
documents.
Remedy: The Respondent’s license was revoked. If the
Respondent seeks to have his license reinstated in the future
he shall: complete 120 hours in continuing professional
education courses within 2 years prior to the date he submits
a reinstatement application. Four (4) of these hours shall be
ethics related courses. Documentation to support completion
of these hours must then be submitted with the application.
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Kentucky State Board of Accountancy
E-NEWSLETTER
2012-025 Donald E. Groot - Respondent renewed his
license in 2012 and indicated he had completed 80 hours
of CPE. Two letters requesting the documentation were
mailed to the Respondent’s address which was on file with
the Board. No response was received to either letter.
On January 14, 2013 the Respondent mailed a copy of his
CPE documents completed in the reporting period January
1, 2010 through December 31, 2011. The documents verified
he completed the CPE requirements but they were received
past the due date.
Remedy: Respondent was fined $100.
2012-026 Jonathan Eric Rauch- Respondent renewed
his license 2012 and indicated he had completed 80 hours of
CPE. Two letters requesting the documentation were mailed
to the Respondent’s address which was on file with the
Board. On January 14, 2013 the Respondent contacted the
Board via phone and followed up the conversation with an
email which noted that his mailing address with the Board
was inadvertently not updated when he moved to Louisville
from Lexington and therefore he never received any
correspondence from the Board. He also attached a signed
transcript of his CPE hours showing he had completed 281
hours. A board staff member confirmed Mr. Rauch had
completed the CPE hours and that due to the move and
failure to advise the Board of his new address Mr. Rauch
had not received the audit letters until January 14, 2013.
However once he became aware of the letters he immediately
contacted the Board.
ALL OF THE FOLLOWING CASES ARE
CPE AUDIT VIOLATIONS (Continued)
Remedy: Respondent was fined $100.
2012-029 Elizabeth Kelly Spencer - Respondent
renewed her license in 2012 and indicated she had
completed 60 hours of CPE. Two letters requesting the
documentation were mailed to the Respondent’s address on
file with the Board. No response was received to either letter.
On December 19, 2012 the Respondent sent an email with
documentation to verify she had completed well in excess
of 60 hours of CPE during the 2010 through 2011 reporting
period but when reviewing the list of credits noticed she had
failed to complete the two (2) hours in ethics.
On December 19, 2012 a reply to the Respondent’s email was
sent confirming she only failed to complete the two (2) hours
in ethics and a revised Agreed Order was emailed to her.
The Respondent stated in her cover letter that she did fax
her CPE documentation to the Board several times however
the line was constantly busy. She had her assistant fax the
documents in which she was informed the fax did eventually
go through with no printout proving same and the CPE
documentation was never received by the Board.
Remedy: Respondent was ordered to complete 4 hours in
CPE ethics courses within 90 days from the date the Order
was signed by the Board President, pay a $250 fine and be
included in the CPE audit for 2014.
2012-030 Brad Thomas White - Respondent renewed
his license in 2012 and indicated he had completed 60 hours
of CPE. Two letters were mailed to the Respondent at the
address which was on file with the Board. No response to
the letters was received from the Respondent and the letters
were not returned by the US Postal Service.
Remedy: Respondent was ordered to complete 120 CPE
hours within 90 days from the date the Order was signed by
the Board President. Four (4) of these hours shall be ethics
related courses. He must also pay a $500 fine and will be
included in the CPE audit for 2014.
2012-031 Justin Kevin Adendorff - Respondent
renewed his license in 2012 and indicated he had completed
60 hours of CPE. The Respondent submitted documentation
to verify he had completed 58 hours of CPE.
Remedy: Complete 4 CPE hours within 90 days from the
date the Order was signed by the Board President, pay a
$250 fine and be included in the CPE audit for 2014.
2012-034 Linda Pettibone Davis - Respondent renewed
her license in 2012 and indicated she had completed 60
hours of CPE. The Respondent submitted documentation to
verify she had completed 69.5 hours of CPE however none of
those hours included an ethics related course.
Remedy: Complete 4 hours in CPE courses related to ethics
within 90 days from the date the Order was signed by the
Board President, pay a $250 fine and be included in the CPE
audit for 2014.
2012-035 E. Marlene Do - Respondent renewed her
license in 2012 and indicated she had completed 60 hours
of CPE. The Respondent submitted documentation to verify
she had completed 60 hours of CPE however none of those
hours included an ethics related course.
Remedy: Complete 4 hours in CPE related to ethics within
90 days from the date the Order was signed by the Board
President, pay a $250 fine and be included in the CPE audit
for 2014.
2012-036 Terri F. Edelen - Respondent renewed her
license in 2012 and indicated she had completed 60 hours
of CPE. The Respondent submitted documentation to verify
she had completed 60 hours of CPE however she failed to
complete 2 CPE hours in ethics in 2010 or 2011. She did
obtain these hours in 2009 and 2012.
Remedy: Complete 4 CPE hours in courses related to ethics
within 90 days from the date the Order was signed by the
Board President. The 2 hour ethics course she completed in
2012 may reduce this total to 2 hours in ethics related courses.
In addition she must pay a $250 fine and be included in the
CPE audit for 2014.
2012-037 Robert L. Ferland - Respondent renewed his
license in 2012 and indicated he had completed 60 hours of
CPE. The Respondent submitted documentation to verify
he completed 61 hours of CPE however none of those hours
were ethics related.
Remedy: Complete 4 CPE hours related to ethics within
90 days from the date the Order was signed by the Board
President, pay a $250 fine, and be included in the CPE audit
for 2014.
2012-038 Joseph A. Graviss - Respondent renewed his
license in 2012 and indicated he had completed 60 hours
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Kentucky State Board of Accountancy
E-NEWSLETTER
ALL OF THE FOLLOWING CASES ARE
CPE AUDIT VIOLATIONS (Continued)
of CPE. Respondent submitted documentation to verify
he completed 56 hours of CPE including 2 hours in ethics
related courses in 2010 and 2011. However the Respondent
was under the mistaken belief that he met the 60 hour
requirement by using 4 hours he completed in 2009 to
satisfy the 60 hour requirement.
Remedy: Complete 8 CPE hours within 90 days from the
date the Order was signed by the Board President, pay a
$250 fine and be included in the CPE audit for 2014.
2012-039 Leigh Ann Haman - Respondent renewed her
license in 2012 and indicated she had completed 60 hours
of CPE. Respondent submitted a letter and documentation
to verify she had completed 33 hours of CPE, including 2
hours in ethics, in 2012 which was after the CPE reporting
period. She indicated she was under the impression the
former “grace period” was still in effect and also noted she
had completed a 20 hour course in 2011 but was not able to
provide a completion document.
Remedy: Complete 120 hours in CPE within 90 days from
the date the Order was signed by the Board President. The
Respondent may use the 33 hours she completed and was able
to verify in 2012 to reduce the 120 hours to 87. In addition
pay a $500 fine and be included in the CPE audit for 2014.
2012-040 Cynthia W. Hanes - Respondent renewed her
license in 2012 and indicated she had completed 60 hours
of CPE. The Respondent submitted documentation to verify
she had completed 60 hours of CPE however none of those
hours were in ethics related courses.
Remedy: Complete 4 CPE hours in ethic related topics
within 90 days from the date the Order was signed by the
Board President, pay a $250 fine and be included in the CPE
audit for 2014.
2012-041 Kenneth Howell - Respondent renewed his
license in 2012 and indicated he had completed 60 hours of
CPE. The Respondent submitted documentation to verify he
completed 60 hours of CPE but none of those were ethics
related. However he did complete 4 hours in ethics related
courses by November 4, 2012.
Remedy: Pay a $250 fine and be included in the CPE audit
for 2014.
2012-042 Michael F. Ising - Respondent renewed his
license in 2012 and indicated he had completed 60 hours of
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Kentucky State Board of Accountancy
E-NEWSLETTER
CPE. The Respondent submitted documentation to verify he
completed 62.5 hours of CPE however none of those hours
were related to ethics.
Remedy: Complete 4 CPE hours in courses related to
ethics within 90 days from the date the Order was signed by
the Board President, pay a $250 fine and be included in the
CPE audit for 2014.
2012-043 Heather Shrout Jackson - Respondent
renewed her license in 2012 and indicated she had completed
80 hours of CPE. The Respondent submitted documentation
to verify she had completed 73.3 hours of CPE however none
of those hours were in ethics related courses.
Remedy: Complete 13.4 hours in CPE courses 4 hours of
which shall be in ethic related courses within 90 days from
the date the Order was signed by the Board President, pay a
$250 fine and be included in the CPE audit for 2014.
2012-045 Michael S. Merman - Respondent renewed
his license in 2012 and indicated he had completed 60 hours
of CPE. The Respondent submitted documentation to verify
he completed 54.5 hours of CPE.
Remedy: Complete 11 hours in CPE within 90 days from
the date the Order was signed by the Board President, pay a
$250 fine and be included in the CPE audit for 2014.
2012-046 Gregory A. Mink - Respondent renewed his
license in 2012 and indicated he had completed 60 hours of
CPE. The Respondent submitted documentation to verify
he completed 62.5 hours of CPE including 8 of which were
completed in 2012 which was after the CPE reporting period.
Remedy: Complete 11 hours in CPE within 90 days from
the date the Order was signed by the Board President. The
Respondent may use the 8 hours he completed and was
able to verify in 2012 to reduce the 11 hours to 3 hours. In
addition he must pay a $250 fine and be included in the CPE
audit for 2014.
2012-047 James K. Moore - Respondent renewed his
license in 2012 and indicated he had completed 60 hours of
CPE. The Respondent submitted documentation to verify
he completed 58 hours of CPE however none of the hours
completed were in ethics related courses.
ALL OF THE FOLLOWING CASES ARE
CPE AUDIT VIOLATIONS (Continued)
Remedy: Complete 4 CPE hours related to ethics within
90 days from the date the Order was signed by the Board
President, pay a $250 fine and be included in the CPE audit
for 2014.
2012-050 Mary Jo Schell, 9730 - The Respondent
renewed her license in 2012 and indicated she had completed
60 hours of CPE. The Respondent submitted documentation
to verify she had completed 50 hours of CPE.
2012-048 Angela S. Moorin - Respondent renewed her
license in 2012 and indicated she had completed 60 hours of
CPE. In reply to a request for the documents the Respondent
submitted an email in which she stated that she wanted to
voluntarily surrender her license because due to a career
change a license was no longer required.
Remedy: Complete 20 hours in CPE courses within 90 days
from the date the Order was signed by the Board President,
pay a $250 fine and be included in the CPE audit for 2014.
Remedy: The Respondent’s license was voluntarily
surrendered as if revoked. If the Respondent seeks to
reinstate her license in the future she shall: submit proof
that she completed 120 hours of CPE, 4 of which shall be in
ethics related topics within the 2 years prior to submitting
a reinstatement application; pay a $500 fine; and comply
with the reinstatement requirements in effect at the time the
application is submitted.
2012-049 Keithon George Pennant - Respondent
renewed his license in 2012 and indicated he had completed
60 hours of CPE. The Respondent submitted documentation
to verify he completed in excess of 60 hours of CPE however
he failed to complete 2 hours of ethics related courses.
Remedy: Complete 4 CPE hours in courses related to ethics
within 90 days from the date the Order was signed by the
Board President, pay a $250 fine and be included in the CPE
audit for 2014.
2012-051 Lisa Lawson VonHalle - Respondent renewed
her license in 2012 and indicated she had completed 60
hours of CPE. The Respondent submitted documentation to
verify she had completed 58.5 hours of CPE however none of
those hours included an ethics related course.
Remedy: Complete 4 CPE hours in ethics related courses
within 90 days from the date the Order was signed by the
Board President, pay a $250 fine, and be included in the CPE
audit for 2014.
2012-052 Benjamin T. Reece - Respondent renewed
his license online in 2012 and indicated he had completed
60 hours of CPE. Respondent submitted documentation
to verify he had completed 48.2 hours of CPE. However
after reviewing course completion documents the Board
determined that two courses which totaled 11.8 hours failed
to meet the requirements to be considered acceptable CPE.
Remedy: Complete 47.6 CPE hours within 90 days from
the date this Order is signed by the Board President, pay a
$500 fine and be included in the CPE audit for 2014.
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DISCIPLINARY ACTIONS
2008-046 Kimberly Lee-Chappell - On or about
December 11, 2008 a former client of the Respondent
submitted a complaint that alleged the Respondent had
withdrawn funds from the company account to pay the
withholding taxes for some of the former client’s employees.
However the former client alleged the Respondent failed to
use the funds to pay the taxes and had not returned all of
the money withdrawn from the account. The Respondent
admitted in correspondence with the former client that she
did owe them money and would pay them. Some payments
were made by the Respondent however some of the checks
sent to the former client were returned due to insufficient
funds. As a result there was still a balance owed to the
former client of $1,600.66. Over a period of some months
the Respondent lead the Board staff to believe that a mutual
resolution of the outstanding balance had been reached
between the Respondent and the former client, however
that was not accurate.
Remedy: Respondent was ordered to pay a $500 fine and
submit proof that she reimbursed the former client the
$1600.66.
2010-018 John L. Jones - On October 16, 2010 the Board
received a complaint regarding audit reports issued by the
Respondent. The CPA investigator for the Board reviewed
all of the documents associated with the complaint and
interviewed the Respondent. The investigator was unable to
verify that the reports had been intentionally delayed and
was provided proof that the Respondent had submitted a
corrected W-2. However the investigator recommended
the Board look further into the respondent’s audit practice.
Following two additional visits to the Respondent’s office
the investigator presented reports to the Board as to the
quality of the Respondent’s audit practice.
Remedy: Mr. Jones is prohibited from ever seeking or
accepting any audit work that was not included on the list
prepared by the Respondent and attached to the Agreed
Order. He was allowed to complete all audit reports on the
list according to a number of terms which included preissuance review before the reports are released to a client.
In addition the reports must also be reviewed and approved
by the board’s CPA investigator before they are released to
a client. All audits on the list provided must be completed
and delivered to the respective clients by July 31, 2012. Mr.
Jones may continue to perform and seek to perform reviews
and compilations. However all review engagements must
undergo a pre-issuance review process. This pre-issuance
review process shall continue until the Respondent receives
a peer review rating of “pass” as to an “engagement review”
performed by a peer reviewer. The Respondent shall be
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responsible for the costs incurred with the pre-issuance
program. Mr. Jones is currently scheduled for a system
review with a due date of May 31, 2012. He must be diligent
in having this review scheduled and performed on time and
shall not request his peer reviewer for an extension of time
beyond the due date.
2010-018 John L. Jones - (Second Order) On April 27,
2012 the Board and the Respondent entered into an Agreed
Order. Under the terms of that Order by July 31, 2012 the
Respondent was to have completed and delivered audit,
review, or compilation reports to certain clients listed in a
document attached to the Order. The Respondent failed to
comply with this portion of the Order.
Remedy: Mr. Jones was ordered to complete and send
certain audit reports and associated work papers to the
CPA investigator for the Board so they are received no
later than Sept. 28, 2012. The investigator will perform a
pre-issuance review on each of these reports. If no changes
are suggested the reports shall be released to the clients.
Any recommended changes to the reports shall be made
by Mr. Jones before the reports are released to any client.
After Mr. Jones has complied with these requirements,
he is prohibited from ever seeking, offering, accepting or
performing any attest services (audits, reviews, and all
compilations) in the future. On the day Mr. Jones submits
this Order to the Board he shall also send out letters to
each of the remaining clients included on the list attached
to this Order that he is prohibited by the Board from
performing any additional attest services for them in that
he is currently under contract to perform. A copy of each of
these letters shall be submitted to the Board office so they
are received no later than September 7, 2012. In the event
Mr. Jones received payment from any client on the attached
list in advance of performing any work for said client and
Mr. Jones is unable to provide evidence to the Board that
he performed work on those contracts to justify that he
should retain some or all of those funds, such funds shall
be returned to the clients within 30 days after this Order is
approved by the Board. Mr. Jones may continue to perform
and seek to perform tax services.
2011-029 William D. Ruth - On September 20, 2011,
the Board received a complaint in which former clients
alleged that the Respondent had committed errors related
to accounting and income tax issues that were detected by
another CPA and that he failed to provide documentation
to the clients to assist them with resolving these errors.
Eventually the clients were assessed a substantial additional
tax liability by the IRS and other taxing entities. The parties
entered into a settlement following the filing of a civil lawsuit
DISCIPLINARY ACTIONS (Continued)
against the Respondent regarding these same errors. Before
the Board, the Respondent neither admitted nor denied he
negligently prepared any tax returns for his former clients.
However he acknowledged there is sufficient evidence that
if a hearing was conducted, the Board could conclude that
his actions constituted a violation of KRS 325.340(1)(b).
Remedy: Respondent was ordered to pay a $5,000 fine
within 90 days after the Order is signed by the President
of the Board. In addition the Respondent shall complete 16
hours of continuing professional education (“CPE”) courses
in corporate and/or individual tax issues in 2013 and again
in 2014. These hours are in addition to the 80 hours of CPE
the Respondent is required to complete over that same two
year time period to renew his license in 2015. All of the
courses must be in a face to face setting and be approved by
the Board before the Respondent registers for each course.
The 16 hours shall be completed no later than December 31,
2013 and 2014.
2012-005 Sam Asamoa - On May 2, 2011 a copy of
the peer review report, letter of response to the report,
and acceptance letter for Mr. Asamoa and the Firm for
the period of time ending March 31, 2010 were received
in the Board office. The rating for the report was “fail.”
It was subsequently determined that this was the third
consecutive “fail” rating. The CPA investigator for the
Board reviewed a compilation and review report submitted
by the Respondent. The investigator determined both
reports were not performed in accordance with professional
standards. The firm was terminated from the AICPA Peer
Review Program in May of 2012.
Remedy: Respondent and the Firm are prohibited from
ever offering, seeking, accepting, or performing any audit,
review or compilation services. Any report the Firm is
currently under contract to perform shall be returned to
the respective client so another CPA firm can perform
the service requested. The Respondent and the Firm may
continue to provide any other accounting and tax related
service(s) that are not prohibited under the terms of this
Order.
2012-018 John C. Elliott, CPA, PLLC - In October
of 2008 Mr. Elliott formed John C. Elliott, CPA, PLLC
(the “Firm”). According to Mr. Elliott the purpose for the
PLLC was to pay for expenses and income associated with
acquiring a one-half interest in the accounting practice
formerly operated as Baker & Anderson PSC. Mr. Elliott
states the Firm was not held out to the public as a public
accounting firm in any manner and that no billings, invoices
or communications were ever sent out with the name of
the PLLC. According to Mr. Elliott since public accounting
services were never provided through the Firm and it was
not held out to the public as a public accounting firm, he did
not believe a firm license was necessary.
Remedy: Pay a fine in the amount of $250 no later than 30
days after Order is approved by the Board and either obtain
a license for the Firm or dissolve it with the KY Secretary of
State’s Office as soon as possible but no later than 30 days
after this Order is approved by the Board.
2011-030 Jeffrey D. Cogswell - The Respondent was
requested to provide copies of: a report from an outside
party that was to have performed a pre-issuance review of
all of the firm’s auditing and accounting engagements, the
acceptance letter from the KY Society of CPAs, and the letter
from the Society confirming that the firm’s most recent peer
review was complete. The Respondent failed to respond to
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Kentucky State Board of Accountancy
E-NEWSLETTER
DISCIPLINARY ACTIONS (Continued)
this letter and return phone messages regarding the request
for documents. A formal Complaint and Notice of Hearing
was filed against the Respondent. Thereafter the Respondent
submitted copies of: a letter from his pre-issuance reviewer to
the Peer Review Committee, a letter from the Respondent to
the Peer Review Committee and a letter from the Respondent
to the Board. As a result of the poor quality of the audit work
cited by the pre-issuance reviewer the Respondent indicated
in his letters to the Board and the Peer Review Committee
that he would cease performing any audits upon completion
of the audits currently under contract to complete for the
year ending December 31, 2010.
Remedy: The audit reports the Respondent is obligated
to complete for the year ending December 31, 2010 shall be
reviewed and approved by a CPA appointed by the Board prior
to being released to any clients. Any changes recommended
by the CPA shall be incorporated into the reports prior to
their release. Respondent shall send a copy of every report
and letter he receives from the CPA and a copy of every letter
or report received from the KY Society of CPAs Peer Review
program as a result of this process to the Board office no
later than 10 business days following receipt. Once the audit
reports mentioned above have been approved and issued,
the Respondent is prohibited from ever again issuing any
audit reports and must pay a $500 fine.
2012-020 Gary L. Goble - On September 6, 2012, a
Judgment on a Guilty Plea was entered in criminal case
11CR 3023 in the 13th Division of the Jefferson County
Kentucky Circuit Court against the Respondent. The
Judgment indicates that the Respondent pled guilty to one
count of Theft by Failure to make Required Disposition of
Property over $500, as amended from Theft by Failure to
make required Disposition of Property over $10,000, one
count of Theft by Failure to make Required Disposition of
Property over $500 but less than $10,000, and one count of
Theft of Labor over $500 but less than $10,000, all felonies.
The actions related to the Respondent intentionally failing
to transfer funds withheld from the paychecks of three
employees to their 401(k) retirement plan accounts, and
issuing 3 checks in excess of $5,000 on a checking account
that the Respondent knew would not be honored by the bank.
As a result of the guilty plea the Respondent was sentenced
to serve 2 years on each count to run concurrently for a total
of 2 years. The 2 year sentence was then diverted for 3 years
on unsupervised probation. It was noted in the Judgment
that restitution had been made. Prior to the plea being
entered in Jefferson Circuit Court another action was taking
place in the US Bankruptcy Court involving Mr. Goble that
was related to the circuit court case. Since the bankruptcy
court action is not resolved the Board and the Respondent
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Kentucky State Board of Accountancy
E-NEWSLETTER
have agreed to a temporary resolution of this matter as set
forth in this Agreed Order.
Remedy: Respondent’s license is temporarily suspended
effective January 13, 2013 and until such time that the
Respondent and the Board have entered into a final resolution
of this action. The suspension means the Respondent is
prohibited from holding himself out to the public in any
manner as a CPA and from engaging in or providing any type
of public accounting services including, but not limited to,
the preparation and issuance of any type of tax returns.
2012-020 Selma C. Dean - On November 14, 2012 a
Judgment was entered against the Respondent in criminal
case 12-CR-321 in the Court of Common Pleas for Lawrence
County, Ohio. The Judgment indicates that the Respondent
pled guilty to one count of Engaging in a Pattern of Corrupt
Behavior a second degree felony in violation of Ohio Revised
Code Section 2923.32(A)(1). As a result of the guilty plea the
Respondent was sentenced to serve 4 years on Community
Control Sanctions under Intensive Supervised Probation
and to pay full restitution in the amount of $46,006.66 by
Jan. 31, 2013.
Remedy: Respondent’s license is permanently revoked and
she is prohibited from ever submitting an application to the
Board to renew her license or for consideration of reissuance
or reinstatement of her license.
2012-004 Marc A. Fountain - During their meeting on
January 25, 2013 the members of Board of Accountancy
considered a Recommended Order of Default prepared by
the hearing officer assigned to this case. Following discussion
the Board voted unanimously to adopt the Recommended
Order.
Remedy: The license of Mr. Fountain is revoked and shall
remain revoked until such time that his Kansas license is
reinstated in good standing by the Kansas State Board of
Accountancy. Following reinstatement of his Kansas license
Mr. Fountain may request that his Kentucky license be
reinstated through the process in effect at that time.
2012-015 Kevin Meenach - On July 13, 1995, a Judgment
was entered in criminal case CR 95-2 in the United States
District Court for the Eastern District of Kentucky against the
Respondent. The Judgment indicates that the Respondent
pled guilty to one count of Bank Fraud, a felony. The actions
related to the guilty plea occurred while the Respondent was
serving as the managing officer of Lawrence Federal Savings
Bank. As a result of the guilty plea the Respondent was
sentenced to serve 4 months in a halfway house, three years
of supervised release thereafter and paying $19, 045.46 in
restitution to the bank.
DISCIPLINARY ACTIONS (Continued)
Remedy: Respondent’s license is permanently revoked.
The Respondent is also prohibited from ever submitting
an application to the Board to renew his license and for
consideration of reissuance or reinstatement of his license.
2008-015 Gaw & Associates, PLLC and Troy Gaw On October 19, 2011 the Board entered into an Agreed Order
with the Respondent wherein he was required to have all
future audits undergo a pre-issuance review prior to being
released to any clients. Thereafter it was discovered that the
Respondent had submitted audit reports to 6 school districts
for pre-issuance review to the Board investigator but issued
the reports without first making corrections that were
required by the pre-issuance reviewer. The school districts
received the reports and filed them with the KY Department
of Education.
Remedy: The Firm and Mr. Gaw are prohibited from
ever again preparing, or assisting with the preparation of
or issuing any audit, review and all compilation reports
including compilations without disclosures intended for
management use only. This prohibition shall not be subject
to review or change by the current or any future Board. He
shall immediately recall the audit reports for the 6 school
districts that were issued in violation of the terms of the
Agreed Order entered into on October 19, 2011. Mr. Gaw
shall revise each report to incorporate the corrections
suggested by the Board investigator. Each revised report
shall then be submitted to the investigator for final approval.
Once the approval is received Mr. Gaw shall reissue each
report to each school district and for filing with the KY Dept.
of Education. All reports shall be received by all of the school
districts no later than May 10, 2013. Mr. Gaw is responsible
for all costs and expenses associated with this process and
pay a $10,000 fine.
2013-013 Larry T. Williams - On August 2, 2012,
the executive director of the Board was contacted by a
representative in the Inspector’s General Office in the
Cabinet for Health and Family Services regarding the failure
of the Respondent to allow the representative to view work
papers associated with the 2011 audit report the Respondent
had issued for a CAP. Following a meeting with the
representative from the IG’s Office, the executive director
and CPA investigator met with the Respondent at his office.
The Respondent promised to send copies of the audit work
papers to the CPA investigator by August 24 and copies of his
CPE completion documents to the executive director by that
same date. The Respondent failed to submit copies of any of
the documents. Thereafter the executive director, in a letter
to the Respondent dated September 7, 2012 again requested
the Respondent to submit the documents mentioned above
by September 17, 2012. The Respondent failed to comply
with this directive. The Respondent was to have completed
his most recent peer review by June 11, 2011. However the
Respondent failed to complete his review by that date and
in September of 2012 was terminated from the AICPA Peer
Review Program.
Remedy: The Respondent is prohibited from ever offering,
seeking, accepting, or performing any audit, review or
compilation services. Any report the Firm is currently under
contract to perform shall be returned to the respective
client(s) so another CPA firm can perform the service
requested. The Respondent and the Firm may continue to
provide any other accounting and tax related service(s) that
are not prohibited under the terms of the Order.
2013-003 Robert Allen Young - The Respondent held
a KY CPA license from 1983 until 2004 when he failed to
renew his license. By failing to renew his Kentucky license
the Respondent was prohibited from performing public
accounting services to KY residents or out of a KY based
office or use the abbreviation CPA. The Respondent also
held a Florida CPA license from 1984 until 2003. The
Board received a complaint in February of 2013 that the
Respondent had prepared: one 1040 form for a KY resident,
a City of Louisville Occupational License Tax Return and
used the abbreviation CPA on both forms. Thereafter it was
discovered the Respondent had also prepared federal tax
returns in 2009, 2010, and 2011 for clients. On each form the
Respondent listed his name and used the CPA abbreviation
even though at the time he did not hold a KY or FL license.
Remedy: Respondent shall reinstate his license by
completing 80 acceptable CPE hours 2 of which must be
related to ethics. Documentation to verify completion of these
hours must be submitted to the Board with a Reinstatement
Application and payment of the $200 reinstatement fee.
Thereafter the Respondent shall renew his reinstated license
on or before August 1, 2014, submit copies of CPE course
completion documents to renew his license in 2014 and pay
a $10,000 fine.
2013-004 Garstka, Gander & Crab, PSC - On or
about April 13, 2013, a former client of the Firm submitted
a complaint that alleged the Firm had failed to properly
report sales and use taxes and losses taken on the client’s
federal returns. These errors were detected by another CPA
firm which assisted the client in resolving these errors.
Ultimately the client was assessed additional tax liability by
the KY Department of Revenue and the IRS. While the Firm
denied committing any violation and denied engaging in any
improper conduct regarding the reporting of sales and use
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Kentucky State Board of Accountancy
E-NEWSLETTER
Board Members
DISCIPLINARY ACTIONS (Continued)
Phillip M. Layne, CPA
President, Ashland
tax issues of the client and the proper recording of losses on the client’s federal
returns, the Firm recognized the Board could conclude that the Firm engaged in
conduct that constitutes a violation of the Board’s statutes.
Toni Carver-Smith
Sec./Treasurer
Citizen Member, Louisville
Kevin M. Doyle, CPA
Lexington
Daniel L. Fulks, CPA, PhD
Harrodsburg
Joseph A. Hancock, CPA
Owensboro
G. Alan Long, CPA
Richmond
Jamie R. Laws, CPA
Louisville
Staff Members
Richard C. Carroll
Executive Director
Phyllis Gordon
Policy Analyst
Mary Stevenson
Administrative Assistant
Board Address:
Kentucky State Board of Accountancy
332 West Broadway, Suite 310
Louisville, KY 40202
Phone: (502) 595-3037
Fax: (502) 595-4500
Website: cpa.ky.gov
Remedy: The Firm was ordered to pay a $500 fine. Mr. Gander on behalf of
the Firm is to submit to the Board in writing within 30 days after the Order is
approved by the Board a plan to insure that the errors associated with the tax
issues which arose in this matter will not be repeated. The Board shall review
the plan and if necessary make changes which shall then be adopted by the
Firm.
2013-005 David A. York - On June 20, 2011, the Respondent was granted
a waiver from having to complete any further CPE based upon a provision that
authorizes the Board to exempt those from CPE if they are 55 years of age or
older and completely retired from the practice of public accounting. In April
of 2013 it was discovered that the Respondent had placed an ad in the Greater
Ohio Valley Yellow Pages under the heading of Certified Public Accountants.
Located next to the Respondent’s name in the ad were the abbreviations
“CPA” and “CVA”. The ad indicated that the Respondent performed business
valuations, evaluation of business opportunities and other consulting services.
When contacted the Respondent indicated he was under the impression that
he could use the “CPA” abbreviation in an ad and believed the services he was
providing were not considered to be public accounting. According to KRS
325.290(2) CPAs who are granted a waiver from CPE may use the abbreviation
“CPA” but shall not engage in regulated activities. The Board has interpreted
the definition of regulated activities found in KRS 325.220(5) to include some
of the services being provided by the Respondent.
Remedy: The CPE waiver granted to the Respondent was rescinded. The
Respondent was ordered to reinstate his license through the normal process,
pay a $500 fine, and obtain a license for the firm.
UPDATE YOUR
CONTACT
INFORMATION
To update your contact information
submit the address change form
found on our website @ cpa.ky.gov.
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Kentucky State Board of Accountancy
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