As a result of an investigation of alleged violations of the Code of Professional Conduct of the AICPA, Mr. Orr, with the firm of Jeffrey Orr, CPA, entered into a settlement agreement under the Joint Ethics Enforcement Program, effective January 11, 2021.
Information came to the attention of the Ethics Charging Authority (ECA) (AICPA Professional Ethics Executive Committee) alleging a potential disciplinary matter with respect to Mr. Orr’s failure to ensure his firm enrolled in the AICPA Peer Review Program and undergo a peer review.
The ECA reviewed the allegations in the referral and Mr. Orr’s responses to the ECA’s inquiries, and other relevant documents Mr. Orr submitted to support his response. Based on this information, the ECA charged Mr. Orr with a violation of the Code of Professional Conduct of the AICPA as follows:
Governmental Bodies, Commissions, or Other Regulatory Agencies (1.400.050)
As the partner responsible for his firm’s peer review compliance, Mr. Orr failed to ensure it complied with state board requirements and those of the AICPA to undergo a peer review.
Agreement
In consideration of the ECA forgoing further investigation of Mr. Orr’s conduct as described above, and in consideration of the ECA forgoing any further proceedings in the matter, Mr. Orr agreed as follows:
To waive his rights to a hearing under AICPA bylaws section 7.4.
To neither admit nor deny the above specified charges.
To his expulsion from membership in the AICPA from the effective date of this agreement.
That the ECA shall publish his name, the name of his firm, the charges, and the terms of this settlement agreement.