PCAOB Enforcement Actions

PCAOB Grants Petition to Terminate Bar for Brandon R. Keyes

The Public Company Accounting Oversight Board (PCAOB) has granted Brandon R. Keyes' petition to terminate a bar imposed in December 2022. Keyes, previously barred and fined $35,000 for audit deficiencies, is now permitted to associate with a registered public accounting firm, Richey May & Co., LLP, under specific supervision requirements.

PCAOB Bars Scott Reams, Fines $35,000, Allows Petition After Two Years

The PCAOB has granted Scott Reams' petition to terminate a bar imposed in December 2022, which included a $35,000 fine. Reams was found to have violated PCAOB rules in an audit engagement. The PCAOB has now consented to his association with a registered public accounting firm, subject to certain supervision requirements.

PCAOB Censure and Bar of Jeffrey Hoskow

The Public Company Accounting Oversight Board (PCAOB) has censured Jeffrey Hoskow and barred him from being an associated person of a registered public accounting firm. The sanctions stem from violations of PCAOB rules and standards concerning audit documentation.

PCAOB Censure and Registration Revocation of Zwick CPA, PLLC

The PCAOB has censured Zwick CPA, PLLC and its principal, Jack Zwick, revoked the firm's registration, and barred Zwick from the profession. The firm and Zwick were jointly and severally fined $50,000 for violations of PCAOB rules and standards in an audit of an issuer client.

PCAOB Censure and $50,000 Fine for Fruci & Associates II, PLLC

The PCAOB has censured Fruci & Associates II, PLLC, imposed a $50,000 civil penalty, and mandated remedial actions. The sanctions stem from findings that the firm violated PCAOB rules and quality control standards in audits of issuers like Clean Vision Corp. and Hammer Fiber Optics Holdings Corp.