Common use of Agreed Order Clause in Contracts

Agreed Order. 4.1 Respondent consents to the entry of this Consent Agreement and has waived any right to a hearing. 4.2 Pursuant to RCW 18.04.295, the Board has the power to impose discipline. Based on the preceding Stipulated Facts and Conclusions of Law, the Board and Respondent agree to the following: 4.2.1 Respondent shall pay the Board a fine in the amount of four thousand dollars ($4,000). 4.2.2 Respondent shall pay the Board the amount of two thousand dollars ($2,000) to reimburse the Board's investigative and legal costs. 4.2.3 The amounts due from Paragraphs 4.2.1 and 4.2.2 shall be made in twelve installments of five hundred dollars ($500) per month, to be received no later than the last date of each month. Each payment shall be made payable to the Washington State Board of Accountancy and remitted to the Washington State Board of Accountancy at PO Box 9131, Olympia, WA 98507-9131. 4.2.4 Respondent shall complete a four hour Washington State board approved ethics course within 90 days. A certificate of completion must be provided to the Board within 30 days of course completion. This course may not count towards any CPE requirements with the Board, and must be a different provider than the ethics course used to meet CPE requirements. 4.2.5 Respondent shall complete eight hours covering practice management within 90 days. A certificate of completion must be provided to the Board within 30 days of course completion. 4.2.6 Respondent's individual CPA license shall be suspended for three years. 4.2.6.1 The individual CPA license suspension shall be stayed. 4.2.6.2 Should Respondent fail to comply with all terms of this Agreement, or commit further violations of Chapter 18.04 RCW and/or Title 4 WAC, then the stay shall be lifted, and the three year suspension imposed beginning on the date the stay was lifted. 4.2.7 Respondent's firm CPA license shall be revoked through dissolution. 4.2.7.1 Respondent shall not perform or offer to perform attest or compilation services as defined by RCW 18.04.025 for three years from the date of this agreement.

Appears in 1 contract

Samples: Consent Agreement and Agreed Order

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Agreed Order. 4.1 Respondent consents to the entry of this Consent Agreement and has waived any right to a hearing. 4.2 Pursuant to RCW 18.04.295, the Board has the power to impose discipline. Based on the preceding Stipulated Facts and Conclusions of Law, the Board and Respondent agree to the followingthat: 4.2.1 Respondent’s individual CPA license shall be suspended for two (2) years. 4.2.2 The license suspension shall be stayed. If Respondent fails to comply with the terms of this Consent Agreement, the stay shall be lifted, and Respondent shall serve a two year suspension period, starting from the day the stay was lifted. 4.2.3 Respondent shall complete the Ethical Leadership Training Program as administrated by NASBA Center for the Public Trust, within 60 days of the acceptance of the Consent Agreement. Respondent is responsible for any costs. This course will not count towards any continuing professional education requirements for license renewal. 4.2.4 Respondent shall pay the Board a fine in the amount of four one thousand dollars ($4,000)1,000) within 90 days of the service of this Agreement. Such fine shall be made payable to the Washington State Board of Accountancy and remitted to the Washington State Board of Accountancy at PO Box 9131, Olympia, WA, 98507- 9131. 4.2.2 4.2.5 Respondent shall pay the Board the amount of two thousand dollars ($2,000) to reimburse the Board's investigative and legal costs. 4.2.3 The amounts due from Paragraphs 4.2.1 and 4.2.2 shall be made in twelve installments of five hundred dollars ($500) per month, to be received no later than reimburse the last date Board’s investigative and legal costs within 90 days of each monththe service of this Agreement. Each payment Such reimbursement shall be made payable to the Washington State Board of Accountancy and remitted to the Washington State Board of Accountancy at PO Box 9131, Olympia, WA 98507-9131. 4.2.4 Respondent shall complete a four hour Washington State board approved ethics course within 90 days. A certificate I, Xxxx Xxxxxxxxx, certify that I have read this Consent Agreement in its entirety, and that I fully understand and agree to all of completion must it and that it may be provided presented to the Board within 30 days of course completion. This course may not count towards any CPE requirements with the Board, and must be a different provider than the ethics course used to meet CPE requirements. 4.2.5 Respondent shall complete eight hours covering practice management within 90 days. A certificate of completion must be provided to the Board within 30 days of course completion. 4.2.6 Respondent's individual CPA license shall be suspended for three years. 4.2.6.1 The individual CPA license suspension shall be stayed. 4.2.6.2 Should Respondent fail to comply with all terms of this Agreement, or commit further violations of Chapter 18.04 RCW and/or Title 4 WAC, then the stay shall be lifted, and the three year suspension imposed beginning on the date the stay was lifted. 4.2.7 Respondent's firm CPA license shall be revoked through dissolution. 4.2.7.1 Respondent shall not perform or offer to perform attest or compilation services as defined by RCW 18.04.025 for three years from the date of this agreement.without my

Appears in 1 contract

Samples: Consent Agreement and Agreed Order

Agreed Order. 4.1 Respondent consents 4.1. The Parties agree to the to the entry of this Consent Agreement and has waived any right to a hearingAgreement. 4.2 Pursuant to RCW 18.04.295, the Board has the power to impose discipline4.2. Based on the preceding Stipulated Facts and Conclusions of Law, the Board and Respondent agree to the followingthat: 4.2.1 Upon final execution of this Consent Agreement by the Board Chair, Respondent will immediately cease performance of any attest, compilation services, or engagements performed under Statement on Standards for Accounting and Review Services No. 21 (SSARS 21). 4.2.2 Respondent’s individual CPA license shall be suspended for two (2) years. This suspension shall go into effect on August 1, 2020. 4.2.3 Upon completion of the two year suspension, Respondent will serve an additional one-year stayed suspension, from August 1, 2022, through July 31, 2023 during which time his license and firm license may be renewed pending compliance with this Consent Agreement and no further violations of the Accountancy Act. 4.2.4 Upon completion of the suspension and stayed suspension period, should Respondent wish to perform attest and compilation services, he may apply to the Board to lift the practice restriction, which the Board may allow or deny at its discretion based upon compliance with this Order and the law, and appropriate additional training. 4.2.5 Should Respondent fail to comply with all terms of this Order, the stay of the third year of suspension may be immediately lifted, and further action enforcement action may be taken.. 4.2.6 Respondent Firm’s CPA license shall be revoked through dissolution on August 1, 2020. 4.2.7 Respondent shall pay the Board a fine in the amount of four one thousand five hundred dollars ($4,000)1,500) within 90 days of the service of this Agreement. Such fine shall be made payable to the Washington State Board of Accountancy and remitted to the Washington State Board of Accountancy at PO Box 9131, Olympia, WA, 98507- 9131. 4.2.2 4.2.8 Respondent shall pay the Board the amount of two thousand three hundred seventy-five dollars ($2,000375) to reimburse the Board's ’s investigative and legal costs. 4.2.3 The amounts due from Paragraphs 4.2.1 and 4.2.2 shall be made in twelve installments costs within 90 days of five hundred dollars ($500) per month, to be received no later than the last date service of each monththis Agreement. Each payment Such reimbursement shall be made payable to the Washington State Board of Accountancy and remitted to the Washington State Board of Accountancy at PO Box 9131, Olympia, WA 98507-9131. 4.2.4 4.2.9 Respondent shall complete a four hour Washington State board approved ethics course within 90 days. A certificate of completion must be provided annually submit to the Board within 30 days for three years, no later than January 31 of course completioneach year, a written declaration that Respondent has not issued any attest or compilation reports. This course may not count towards any CPE requirements with the BoardI, Xxxxxx X. Xxxxxxxx, certify that I have read this Consent Agreement in its entirety, and must that I fully understand and agree to all of it and that it may be a different provider than the ethics course used to meet CPE requirements. 4.2.5 Respondent shall complete eight hours covering practice management within 90 days. A certificate of completion must be provided presented to the Board within 30 days of course completion. 4.2.6 Respondent's individual CPA license shall be suspended for three years. 4.2.6.1 The individual CPA license suspension shall be stayed. 4.2.6.2 Should Respondent fail to comply with all terms of this without my appearance. If the Board accepts the Consent Agreement, or commit further violations I understand that I will receive a signed copy. DATED this day of Chapter 18.04 RCW and/or Title 4 WAC_, then the stay shall be lifted, and the three year suspension imposed beginning on the date the stay was lifted2020. 4.2.7 Respondent's firm CPA license shall be revoked through dissolution. 4.2.7.1 Respondent shall not perform or offer to perform attest or compilation services as defined by RCW 18.04.025 for three years from the date of this agreement.

Appears in 1 contract

Samples: Consent Agreement and Agreed Order

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Agreed Order. 4.1 Respondent consents to the entry of this Consent Agreement and has waived waives any right to a hearing. 4.2 Pursuant to RCW 18.04.295, the Board has the power to impose discipline. Based on the preceding Stipulated Facts and Conclusions of Law, the Board and Respondent agree to the followingthat: 4.2.1 Respondent shall pay will the Board a fine in the amount of four thousand dollars ($4,000). 4.2.2 Respondent shall pay the Board 2,000 and legal fees in the amount of two thousand dollars ($2,000) to reimburse 750 within 90 days of the Board's investigative and legal costs. 4.2.3 The amounts due from Paragraphs 4.2.1 and 4.2.2 shall be made in twelve installments service of five hundred dollars ($500) per monththis Agreement, to be received no later than the last date of each month. Each payment shall be made payable to the Washington State Board of Accountancy and remitted to the Washington State Board of Accountancy at PO Box 9131XX Xxx 0000, OlympiaXxxxxxx, WA 98507XX, 00000-91310000. 4.2.4 4.2.2 Respondent shall complete a four hour Washington State board approved ethics course within 90 days. A certificate of completion must be provided two (2) peer reviews covering the 2013 through 2015 period, and 2016 through 2019 period and report the peer review grades to the Board within 30 days of course completion. This course may not count towards any CPE requirements with the Board, and must be a different provider than the ethics course used to meet CPE requirementsdate their receipt. 4.2.5 Respondent shall complete eight hours covering practice management within 90 days. A certificate of completion must be provided to the Board within 30 days of course completion. 4.2.6 Respondent's individual CPA license shall be suspended for three years. 4.2.6.1 The individual CPA license suspension shall be stayed. 4.2.6.2 Should Respondent fail to comply with all terms of this Agreement, or commit further violations of Chapter 18.04 RCW and/or Title 4 WAC, then the stay shall be lifted, and the three year suspension imposed beginning on the date the stay was lifted. 4.2.7 Respondent's firm CPA license shall be revoked through dissolution. 4.2.7.1 4.2.3 Respondent shall not perform or offer to perform attest or compilation services as defined by in RCW 18.04.025 unless the required peer reviews have been completed, grades provided to the Board, and the Board has confirmed their completion in writing to Respondent. 4.2.4 When Peer Reviews in Paragraph 4.2.3 have been completed and fines paid under Paragraph 4.2.1, Respondent must state in writing that he has completed the terms of the Agreement and receive written confirmation from the Board that he has met those requirements and can return to performance of attest and compilation services. 4.2.5 Should Respondent perform or offer to perform the services described in Paragraph 4.2.3 before completing Peer Review, completing paragraph 4.2.1, and receiving confirmation from the Board as described in Paragraph 4.2.4, his firm license will be immediately revoked and his individual CPA license shall be immediately suspended for three five years from the date of notice. I, Xxxxxx Xxxxxxxxxx, certify that I have read this agreementConsent Agreement in its entirety, and that I fully understand and agree to all of it and that it may be presented to the Board without my appearance. If the Board accepts the Consent Agreement, I understand that I will receive a signed copy.

Appears in 1 contract

Samples: Consent Agreement and Agreed Order

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