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Six local accountants, firms disciplined

Accountancy board comes down hard

Six San Diego County accountants and accounting firms have been disciplined by the California Board of Accountancy. The firm of Oliva, Goddard and Wright has been give 20 months of probation. In 2015, the Public Company Accounting Oversight Board censured the firm, which claimed it had performed an audit in accordance with Generally Accepted Accounting Standards, when in fact it had not.

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The firm of Boros & Farrington has surrendered its CPA Corporations Certificate. In 2014, the firm was censured by the Securities and Exchange Commission and ordered to cease and desist from claiming an audit was independent of a broker-dealer when in fact it was not.

Timothy Alan Coons has received three years of probation, and after he has completed probation he will be prohibited from performing audits.The Public Company Accounting Oversight Board imposed disciplinary sanctions on him and censured him for failing to comply with auditing standards while working for two clients.

Steven Roy Gee of Encinitas has been put on probation for three years. He did not go through a peer review as required. After completing his probation, he will be permanently prohibited from performing audits.

Mohammad J. Shaban of Del Mar has been given three years of probation. After he completes his probation, he will be permanently prohibited from engaging in audits. He has been dropped from a peer review program and failed to provide true and accurate information in response to questions submitted by the California Board of Accountancy.

Thomas Marshall Madison Jr. has surrendered his Certified Public Accountant license as a result of "repeated negligent acts committed in the same engagement," says the board. He renewed his license in 2012 without completing a peer review of his accounting and auditing practice.

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Six San Diego County accountants and accounting firms have been disciplined by the California Board of Accountancy. The firm of Oliva, Goddard and Wright has been give 20 months of probation. In 2015, the Public Company Accounting Oversight Board censured the firm, which claimed it had performed an audit in accordance with Generally Accepted Accounting Standards, when in fact it had not.

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The firm of Boros & Farrington has surrendered its CPA Corporations Certificate. In 2014, the firm was censured by the Securities and Exchange Commission and ordered to cease and desist from claiming an audit was independent of a broker-dealer when in fact it was not.

Timothy Alan Coons has received three years of probation, and after he has completed probation he will be prohibited from performing audits.The Public Company Accounting Oversight Board imposed disciplinary sanctions on him and censured him for failing to comply with auditing standards while working for two clients.

Steven Roy Gee of Encinitas has been put on probation for three years. He did not go through a peer review as required. After completing his probation, he will be permanently prohibited from performing audits.

Mohammad J. Shaban of Del Mar has been given three years of probation. After he completes his probation, he will be permanently prohibited from engaging in audits. He has been dropped from a peer review program and failed to provide true and accurate information in response to questions submitted by the California Board of Accountancy.

Thomas Marshall Madison Jr. has surrendered his Certified Public Accountant license as a result of "repeated negligent acts committed in the same engagement," says the board. He renewed his license in 2012 without completing a peer review of his accounting and auditing practice.

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