Investigation Results/Statistics

The mission of the Board is to protect the public and ensure the dependability and accessibility of financial information.  In order to fulfill this mission, the Board investigates CPAs, CPA - Inactive certificate holders, CPA firms and unlicensed persons representing themselves as CPAs; who may have violated the Public Accountancy Act (RCW 18.04) and the associated rules (WAC 4-30). Complaints can originate from clients, other CPAs, federal or state regulators, or identified through agency oversight and review programs. Complaints result from allegations of technical errors, or ethical or legal violations. Board staff report on the results of investigations on a quarterly basis.  These are the statistics for the most recent four quarterly reports:

Complaint Status Report as of:

06/30/13

09/30/13

12/31/13

03/31/14

Intake

 

     Complaints Received

30

20

27

44

     Complaints Dismissed

(18)

(25)

(20)

(14)

     Moved to Developing Cases

(10)

(7)

(3)

(19)

Total Complaints Under Evaluation

(Including complaints carried over from quarters prior)

41

21

25

36

 

Investigation - Developing and Developed Cases

 

    Working Cases

19

14

14

18

     Cases Awaiting External Action

5

4

2

1

     Developed Cases Moved Forward

14

17

13

14

´╗┐´╗┐Total Developing and Developed Cases

38

35

29

33

 

Total Complaints under Evaluation/
Development

79

56

54

69

 

Aging of All Developing and Developed Cases

 

    >4 years

3

3

3

3

    >3 years, < or = 4 years

1

1

0

0

    >2 years, < or = 3 years

2

5

6

6

    >1 year, < or = 2 years

7

6

6

8

    < 1 year, > 180 days

8

11

11

2

    < or = 180 days

17

9

3

14

Total

38

35

29

33

 

Classification of All Developing and Developed Cases

 

     Public Harm

 

        Negligent Performance of Attest

2

2

2

4

        Negligence, Incompetence, Disregard

26

24

18

15

        Use of Restricted Titles

3

1

2

2

        Borrowing, Theft, Embezzlement, Breach of Fiduciary Duty

3

3

2

3

        Breach of Confidentiality

0

0

0

0

        Records Retention Causing Harm

4

4

4

2

     Administrative

 

        QAR

0

0

0

0

        CPE under 16 hours

0

0

0

1

        CPE over 16 hours

0

0

0

5

        Good Character Evaluation

0

1

1

1

     Total

38

35

29

33

 

Investigations Closed - Disposition By

    Board Order/Agreed Order

         Revocation - Public Harm

0

1

1

0

         Suspension - Public Harm

0

0

0

0

         Suspension - Other

0

0

0

0

         Practice restriction - Public Harm

0

0

0

0

         SAO-Fine/costs/other sanctions - Public Harm

0

3

3

5

         SAO-Fine/costs/other sanctions

0

1

1

0

Subtotal

0

5

5

5

    Administrative Sanctions

0

0

1

1

    Reinstatements

0

0

0

0

    Dismissals - Public Harm

5

7

3

8

    Dismissals

1

0

0

4

Subtotal

6

7

4

13

   Total Cases Closed

6

12

9

18

   Total Complaints Dismissed

18

25

20

19

 

 

 

 

 

   Total Items Dismissed and/or Closed

24

37

29

37

All figures as of March 31, 2014, include investigative monitoring items, which were previously excluded from this report.