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News

McCarthy, Bill P. of Las Vegas, NV

Aug 01, 2025 · 1 min read

Published 8/25

Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. McCarthy was admonished, effective June 9, 2025. This action is based on the disciplinary action imposed by the Nevada State Board of Accountancy. Mr. McCarthy was reprimanded for issuing audit reports for three employee benefit plans for the year ending December 31, 2021, and those reports were not in accordance with generally accepted auditing standards as required by the Employee Retirement Income Security Act of 1974 because the language used in the content of the reports was not updated for the current standards of reporting.

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