Activity review

              Activity Review

North Carolina State

Board of Certified Public

Accountant Examiners

1101 Oberlin Road, Suite 104, PO Box 12827, Raleigh, NC 27605 ( 919) 733- 4222 Issue No. 8- 2002

Inside this issue...

AICPA Exposure Draft ................... 5

Auditor Independence Rules......... 4

Board Meetings ............................... 7

Certificates Issued ........................... 3

Disciplinary Actions ...................... 2

Inactive Status ................................. 6

IRS Form W- 9 ............... See Web Site

Notice of Address Change ............. 8

Office Closed .................................... 3

Reclassifications ............................. 7

www. state. nc. us/ cpabd

IRS Form W- 9

Request for Taxpayer ID

Number and Certification

Each year, the Board processes more

than 20,000 exam applications, firm

registrations, and certificate applica-tions

and renewals.

Each of these transactions in-volves

the payment of a fee, either by

check or credit card and subsequently

the Board receives hundreds of re-quests

to complete an IRS Form W- 9,

Request for Taxpayer Identification Num-ber

and Certification.

To reduce the number of requests

for the Board’s taxpayer identifica-tion

number, completed W- 9 form is

available from the Board’s web site.

GAO Releases Additional Guidance on

Auditor Independence Requirements

On July 2, 2002, David M. Walker, Comp-troller

General of the United States and

head of the US General Accounting Of-fice

( GAO), announced release of im-portant

guidance on auditor indepen-dence

requirements under Government

Auditing Standards.

These standards, which were first

published in 1972 and are commonly

referred to as the “ Yellow Book,” cover

federal entities and those organizations

receiving federal funds.

Various laws require compliance

with the Comptroller General’s audit-ing

standards in connection with au-dits

of federal entities and funds.

Furthermore, many states and local

governments and other entities, both

domestically and internationally, have

voluntarily adopted these standards.

On January 25, 2002, the GAO is-sued

significant changes to Government

Auditing Standards related to auditor

independence, which substantially

changed the previous standard espe-cially

regarding nonaudit, or consult-ing

services.

In issuing the new standards in

January, the Comptroller General stated

that protecting the public interest and

ensuring public confidence in the inde-pendence

of auditors of government fi-nancial

statements, programs, and op-erations,

both in form and substance,

were the overriding considerations in

his decision to issue these new stan-dards.

Because of the new independence

standards’ significant effect on audit

organizations, when GAO issued the

standard, it indicated plans to subse-quently

provide further guidance to as-sist

in its implementation.

This new guidance responds to ques-tions

related to the independence stan-dards’

effective date, implementation

time frame, underlying concepts, and

application in specific nonaudit circum-stances.

In releasing this guidance, the Comp-troller

General emphasized that “ recent

private sector accounting and reporting

scandals have served to re- enforce the

critical importance of having tough but

fair auditor independence standards to

protect the public and insure the cred-ibility

of the auditing profession.”

He again called on other standard

setters “ to follow the lead of government

auditors by adopting principle- based

standards that make clear that auditors

are to be independent in both fact and

appearance.”

According to the Comptroller Gen-eral,

in making judgments on indepen-dence

under Government Auditing Stan-dards

and applying the principles and

safeguards established by the new inde-pendence

standards, audit organiza-tions

should take a “ substance over form”

approach and consider the nature and

Independence

continued on page 4

2

Disciplinary Actions

Charles R. Pless, # 13466

Durham, NC 07/ 23/ 02

THIS CAUSE, coming before the Board

at its offices at 1101 Oberlin Road, Ra-leigh,

Wake County, North Carolina,

with a quorum present. Pursuant to

NCGS 150B- 41 and 150B- 22, the Board

and Respondent stipulate the follow-ing:

FINDINGS OF FACT

1. Respondent is the holder of North

Carolina certificate number 13466 as a

Certified Public Accountant.

2. At all times relevant, Respondent was

a director, a shareholder, president, and

a “ principal” or “ Managing Partner” of

Pless & Pless Certified Public Accoun-tants,

P. A. At all times relevant, Respon-dent

was a partner in the partnership,

Pless & Pless, CPAs, which preceded

his professional association.

3. Respondent failed to timely file per-sonal

federal income tax returns for tax

years 1992, 1993, 1994, and 1995; to

timely file his firm’s federal corporate

income tax returns for tax years 1995;

and to timely file his firm’s federal part-nership

income tax returns for tax years

1994 and 1995. Respondent failed to

pay, in a timely manner, his individual

federal income tax liabilities for tax years

1993, 1995, and 1998. Respondent also

paid his federal employer payroll tax

liabilities in an untimely manner for the

quarters ending June 1995, September

1995, December 1995, March 1996, De-cember

1996, June 1997, September 1997,

December 1997, March 1998, June 1998,

September 1998, and December 1998.

4. The Director of Practice of the Internal

Revenue Service officially reprimanded

Respondent, pursuant to Section 10.54

of Circular No. 230, based upon the

Director’s finding of Respondent’s

above- described failures to timely file or

pay.

5. During the relevant period of time,

Respondent encountered significant fi-nancial,

business, and medical hard-ships

beyond his control that mitigated

THIS CAUSE, coming before the Board

at its offices at 1101 Oberlin Road,

Raleigh, Wake County, North Caro-lina,

with a quorum present. Pursu-ant

to NCGS 150B- 41 and 150B- 22,

the Board and Respondent stipulate

the following:

FINDINGS OF FACT

1. Respondent is the holder of North

Carolina certificate number 10745 as

a Certified Public Accountant.

2. At all times relevant, Respondent

was a director, a shareholder, a “ prin-cipal,”

and secretary/ treasurer of

Pless & Pless Certified Public Accoun-tants,

P. A. At all times relevant, Re-spondent

was a partner in the part-nership,

Pless & Pless, CPAs, which

preceded her professional associa-tion.

3. Respondent failed to timely file

personal federal income tax returns

for tax years 1992, 1993, 1994, and

1995; to timely file her firm’s federal

corporate income tax returns for tax

years 1995; and to timely file her firm’s

federal partnership income tax returns

for tax years 1994 and 1995. Respon-dent

failed to pay, in a timely manner,

her individual federal income tax li-abilities

for tax years 1993, 1995, and

1998. Respondent also paid her fed-eral

employer payroll tax liabilities in

an untimely manner for the quarters

ending June 1995, September 1995,

December 1995, March 1996, Decem-ber

1996, June 1997, September 1997,

December 1997, March 1998, June

1998, September 1998, and December

1998.

4. The Director of Practice of the Inter-nal

Revenue Service officially notified

Respondent that, pursuant to

Section 10.55( b) of Circular No. 230, the

Internal Revenue Service had accepted

Respondent’s offer of consent to sus-pension

from practice before the Inter-nal

Revenue Service for six ( 6) months.

Joan W. Pless, # 10745

Durham, NC 07/ 23/ 02

5. During the relevant period of time,

Respondent encountered significant fi-nancial,

business, and medical hard-ships

beyond her control that mitigated

the filing and payment failures de-scribed

above in Finding of Fact # 3.

6. Respondent wishes to resolve this

matter by consent and agrees that the

Board staff and counsel may discuss

this Order with the Board ex parte,

whether or not the Board accepts this

Order as written.

BASED UPON THE FOREGOING, the

Board makes the following:

CONCLUSIONS OF LAW

1. Respondent is subject to the provi-sions

of Chapter 93 of the North Caro-lina

General Statutes ( NCGS) and

Title 21, Chapter 8 of the North Caro-lina

Administrative Code ( NCAC), in-cluding

the Rules of Professional Eth-ics

and Conduct promulgated and

adopted therein by the Board.

2. Respondent’s failures described in

Finding of Fact # 3 constitute violations

of NCGS 93- 12( 9) e and 21 NCAC

8N .0204 and 8N .0207.

3. Respondent’s conduct that resulted

in the Director of Practice’s Reprimand

of Respondent constitutes discipline

by a federal agency as prescribed in

21 NCAC 8N .0204.

BASED ON THE FOREGOING and in

lieu of further proceedings under

21 NCAC Chapter 8C, the Board and

Respondent agree to the following Or-der:

1. Respondent is censured.

2. Respondent’s certificate is sus-pended

for one ( 1) year; however, said

suspension is stayed.

3. Respondent shall reimburse the

Board one thousand dollars ($ 1,000.00)

in administrative costs incurred in the

investigation of this matter. Said ad-ministrative

costs shall be remitted with

this signed Order.

4. Respondent shall pay a one thou-sand

dollar ($ 1,000.00) civil penalty to

be remitted with this signed Order.

3

the filing and payment failures de-scribed

above in Finding of Fact # 3.

6. Respondent wishes to resolve this

matter by consent and agrees that the

Board staff and counsel may discuss

this Order with the Board ex parte,

whether or not the Board accepts this

Order as written.

BASED UPON THE FOREGOING, the

Board makes the following:

CONCLUSIONS OF LAW

1. Respondent is subject to the provi-sions

of Chapter 93 of the North Caro-lina

General Statutes ( NCGS) and

Title 21, Chapter 8 of the North Carolina

Administrative Code ( NCAC), includ-ing

the Rules of Professional Ethics and

Conduct promulgated and adopted

therein by the Board.

2. Respondent’s failures described in

Finding of Fact # 3 constitute violations

of NCGS 93- 12( 9) e and 21 NCAC

8N .0204 and 8N .0207.

3. Respondent’s conduct that resulted

in the Director of Practice’s Reprimand

of Respondent constitutes discipline by

a federal agency as prescribed in

21 NCAC 8N .0204.

BASED ON THE FOREGOING and in

lieu of further proceedings under

21 NCAC Chapter 8C, the Board and

Respondent agree to the following Or-der:

1. Respondent is censured.

2. Respondent’s certificate is suspended

for one ( 1) year; however, said suspen-sion

is stayed.

3. Respondent shall reimburse the Board

one thousand dollars ($ 1,000.00) in

administrative costs incurred in the in-vestigation

of this matter. Said adminis-trative

costs shall be remitted with this

signed Order.

4. Respondent shall pay a one thou-sand

dollar ($ 1,000.00) civil penalty to

be remitted with this signed Order.

THIS CAUSE coming before the Board

at its offices at 1101 Oberlin Road,

Raleigh, Wake County, North Caro-lina

with a quorum present. The Board

and Respondent stipulate that:

1. Respondent is the holder of a cer-tificate

as a Certified Public Accoun-tant

in North Carolina and is subject

to the provisions of Chapter 93 of the

North Carolina General Statutes

( NCGS) and Title 21, Chapter 8 of the

North Carolina Administrative Code

( NCAC), including the Rules of Pro-fessional

Ethics and Conduct promul-gated

and adopted therein by the

Board.

2. During the period August 2000

through December 2000, Respondent

knowingly misapplied and converted

to her own use approximately

$ 8,888.21, which was the property of

Patricia Ann Ladensack, # 26540

Durham, NC 07/ 23/ 02

Joseph G. Arbogast

Derek Keith Atwell

Thomas Michael Barcellona

Teresa Galtress Bray

Tanya Lynne Brewbaker

Betsy Chandler Buff

Douglas Justin Campbell

Helen B. Carlton

Michelle Anne Chantrey

Melinda Jo Penland Clark

Tracy Janel Coker

Ashley Stevenson Curtis

Judy Wilson Dougherty

D. Ward Ebbert, III

Tamera L. Gjesdal

Kevin James Gorman

Matthew H. Gray

Matthew Payne Grice

Brett Douglas Gunn

Benjamin James Hamilton

Jimmy Douglas Hayes, Jr.

Tracie Lynn Hayes

Michelle Elaine Hefner

Thomas Brent Hicks

Rebecca A. Highberger

J. Charles Hoyle

Certificates Issued

At its July 23, 2002, meeting, the Board approved the following applications for

certification:

Dawn L. Hulet

Janine Michele Hurst

Kevin Thomas Hutchins

James Kar

Susan LaRue- Gattis

James William Lawrence

Michele Marie McLaughlin

Kimberly Latimer Moose

Ekiti Nicol Nichols

Steven J. Pashley

Jennifer Lynn Peppers

William Arthur Potter

Violet Rose Price

Stephanie Dawn Quist

Dennis Joseph Raposa, Jr.

Elizabeth Mitchell Redeker

Todd Alan Richardson

Cheryl T. Scarborough

Mary Jo Sheerin

R. Wes Sherrill

Anita Michele Silver- Barnwell

Christopher Todd Sinnett

E. Matthew Sizemore

Christopher Conrad Skvoretz

Nancy Lee Thompson

Raymond Charles Zalusky, III

her employer, Alpha Omega Health,

Inc.

3. Respondent acknowledges the mis-appropriation

of the funds and has

paid restitution to the employer.

4. Respondent’s misappropriation of

funds from her employer is a violation

of NCGS 93- 12( 9) and 21 NCAC

8N .0203.

5. Respondent wishes to resolve this

matter by consent and agrees that the

Board staff and counsel may discuss

this Order with the Board ex parte,

whether or not the Board accepts this

Order as written.

BASED ON THE FOREGOING, and in

lieu of further proceeding under

21 NCAC Chapter 8C, the Board and

Respondent agree that:

1. The Certified Public Accountant

certificate issued to Respondent,

Patricia Ann Ladensack, is hereby

permanently revoked.

The Board office will be closed Mon-day,

September 2, 2002, in observance

of Labor Day.

Board Office Closed

4

www. state. nc. us/ cpabd

significance of the services provided to

the audited entity on a facts and cir-cumstances

basis.

Before an audit organization agrees

to perform nonaudit services, it should

carefully consider the need to avoid

situations that could lead reasonable

third parties with knowledge of the

relevant facts and circumstances to

conclude that the auditor is not able to

maintain independence in conducting

audits. It is important that auditors al-ways

be viewed as independent both in

fact and appearance.

Importantly, when the indepen-dence

standard was issued, the GAO

called for its provisions to be applicable

to all audits for periods beginning on or

after October 1, 2002.

Because of the breadth of changes

in the amendment and to allow addi-tional

time for the new independence

standard’s effective implementation,

GAO is extending its effective date to be

applicable to all audits for periods be-ginning

on or after January 1, 2003.

Also, the GAO’s original intent was

that any nonaudit service contract

awarded on or after January 25, 2002,

would not be exempt, or grandfathered.

However, the GAO has found that

some audit organizations may not have

understood this or were not aware of

the standard until sometime after it was

issued on January 25, 2002.

To be fair to these audit organiza-tions

and other interested parties, GAO

will exempt, or grandfather, all

nonaudit services that were initiated,

agreed to, or performed by June 30, 2002,

provided the work is completed by June

30, 2003.

An electronic version of Govern-ment

Auditing Standards: Answers to In-dependence

Standards Questions ( GAO-

02- 870G, July 2002) is available on the

GAO web site ( www. gao. gov/ govaud/

ybk01. htm).

Independence

continued from front page

Craig Foltin, DBA, CPA, “ The New GAO Independence Standards,”

The CPA Journal, July 2002, pp. 36- 41.

GAO Independence Rules

New Principles

Auditors should not perform management functions or audit their own work

Bookkeeping

Limited and in many instances prohibited

Appraisal and Valuation

Prohibited if results from these services are material to the audit

Payroll Services

Prohibited if material to the audit

Management Functions

Prohibited if in a decision- making, supervisory, or ongoing monitoring role

Human Resources

Searches and recruiting activities prohibited

Information Technology Services

Prohibited if material to the subject matter. Must be performed by nonaudit

personnel

Preparing Indirect Costs Proposals

Prohibited when recovered costs are material

Internal Audit Outsourcing

Not specifically addressed, but other nonaudit services are not considered

impaired if not material to audit

Tax Services

Preparing tax returns, providing routine advice, and answering technical

questions is permitted

Organizational Independence

Similar to, but broader than, AICPA rule which states must be elected by voters

or entail presence of oversight by a legislative body

Web Site

General Accounting Office www. gao. gov

AICPA www. aicpa. org

Government Finance Officers Association www. gfoa. org

GASB www. gasb. org

Association of Government Accountants www. agacgfm. org

National Association of Local www. nalga. org

Government Auditors

The following web sites include additional information on the auditor indepen-dence

requirements:

Additional Sources of Information on Auditor

Independence Requirements

Organization

Craig Foltin, DBA, CPA, “ The New GAO Independence Standards,”

The CPA Journal, July 2002, pp. 36- 41.

5

AICPA Releases Exposure Draft on Statements on Standards

for Accounting and Review Services

On August 1, 2002, the Accounting and

Review Services Committee ( ARSC) of

the American Institute of CPAs ( AICPA)

issued an Exposure Draft on proposed

revisions to existing Statements on Stan-dards

for Accounting and Review Services

( SSARSs). The proposed amendments

would revise SSARS No. 1 and

SSARS No. 4.

Why Issued and What It Does

• The auditing literature allows an

accountant who may be associated with

financial statements of a public com-pany,

but has not audited or reviewed

such statements to state that he or she

has not audited the unaudited informa-tion

and includes example report word-ing.

This guidance is also appropriate

for compilation and review engage-ments;

however, SSARSs currently do

not include example wording.

This amendment will revise SSARS

No. 1, Compilation and Review of Finan-cial

Statements ( AICPA, Professional

Standards, vol. 2, AR sec. 100.03), to

include wording that may be appropri-ate

under the circumstances.

• The accounting literature does

not require the statement of retained

earnings to be presented as a financial

statement.

Accounting Principles Board Opinion

No. 12, Omnibus Opinion- 1967, requires

disclosure of a change in capital. This

can be done by preparation of a sepa-rate

statement in the notes to the finan-cial

statements or as part of another

basic statement.

In addition, the example reports

currently do not refer to the statement of

comprehensive income.

This amendment will include two

footnotes to SSARS No. 1 ( AR sec. 100.14

and AR sec. 100.36), stating ( 1) the state-ment

of retained earnings is not a re-quired

statement and, if not presented

as a separate statement, reference in the

compilation and review report is not

needed and ( 2) if the statement of com-prehensive

income is presented, refer-ence

should be made in the appropriate

paragraphs of the report.

• SSARSs currently do not specifi-cally

require a signature of the account-ing

firm or the accountant on a review or

compilation report. This proposed

amendment will revise SSARS No. 1

( AR sec. 100.11 and 100.33) to require a

signature.

The guidance in AR section 100.12

and 100.13 has been deleted and in-cluded

in AR section 100.11; guidance

in AR section 100.34 and 100.35 has

been deleted and included in AR sec-tion

100.33.

• The current guidance found in

SSARS No. 1 ( AR sec. 100.29) requires

the accountant to obtain a representa-tion

letter from management. The guid-ance

is not specific about the content of

the letter, the dating of the letter, and

current management’s responsibility

regarding previous years.

This amendment will require spe-cific

representations for the accountant

to receive from management when per-forming

a review engagement and will

provide guidance on the dating of the

letter and guidance regarding obtain-ing

representations from current man-agement

when they were not present

during all periods covered by the

accountant’s report.

• SSARS No. 1 ( AR sec. 100.44)

includes the guidance on reporting for

supplementary information. Currently

the guidance is unclear with respect to

separate reporting on supplementary

information in a compilation engage-ment.

This proposed amendment would

explicitly allow for a separate report on

supplementary information in a compi-lation

engagement, consistent with

guidance on supplemental information

in a review report.

• SSARSs currently do not refer to

the Statements on Quality Control Stan-dards

( SQCSs) and how those standards

interact with SSARSs.

The proposed amendment will

clarify that although an effective quality

control system is conducive to compli-ance

with SSARSs, deficiencies in or

noncompliance with a firm’s quality

control system do not, in and of them-selves,

indicate that an engagement was

not performed in accordance with the

applicable professional standards. This

amendment would be included as the

last section of SSARS No. 1.

• SSARS No. 4, Communications

Between Predecessor and Successor Accoun-tants

( AICPA, Professional Standards,

vol. 2, AR sec. 400), provides guidance

on communications between accoun-tants

when the successor accountant

decides to communicate with the prede-cessor

regarding acceptance of an en-gagement.

This amendment defines predeces-sor

and successor accountants, provides

guidance regarding acceptance of an

engagement, suggests inquiries the suc-cessor

accountant may decide to ask the

predecessor accountant, and includes

an example successor accountant ac-knowledgment

letter, which the prede-cessor

may want to use in connection

with granting access to the working

papers.

The Exposure Draft is available for

download from the AICPA web site

( www. aicpa. org).

Responses should be sent to

Sherry Boothe, Audit and Attest Stan-dards,

AICPA, 1211 Avenue of the

Americas, New York, NY 10036- 8775 in

time to be received by October 1, 2002.

Responses also may be sent by e-mail

to sboothe@ aicpa. org.

Comments

Please e- mail your comments regard-ing

the Activity Review to Lisa R.

Hearne at ( lhearne@ bellsouth. net).

6

07/ 01/ 02

Michael Fred Smith Marietta, GA

David Maurice Rich Burlington, NC

Lee A. Dworsky Raleigh, NC

E. Robert Gaskins, Jr. Atlanta, GA

Dennis Moulton Hogan Charlotte, NC

Edward Harrison Denning Garner, NC

07/ 02/ 02

Richard Douglas Elledge Wilkesboro, NC

Larry Benjamin Swaney Raleigh, NC

William James Dulin Hickory, NC

Patricia Bullock Cyrus Rocky Mount, NC

Rebecca Talley Keith Savannah, GA

Jean Libby Smith Edenton, NC

Cecilia K. Deitrich Raleigh, NC

Teresa Cothran Ellis Simpsonville, SC

Marvin Jeffrey Armstrong Greenville, NC

Carmela Phillips Price Eden, NC

Sherry Dean Folkestad Hurdle Mills, NC

07/ 03/ 02

Barbara Lynn Portnoy Coral Springs, FL

Michelle Grace Ellsworth Horse Shoe, NC

Andrea L. Balog Pittsboro, NC

07/ 05/ 02

Wendy S. Yu Honolulu, HI

07/ 09/ 02

Phillip Webster Wilson Granite Falls, NC

Lori Bellew Henderson McLean, VA

07/ 10/ 02

Bradley Eldridge Shumaker Greensboro, NC

Maria Craan Falk Knoxville, TN

Lori Brazil Chennault Atlanta, GA

Suzanne T. Mize Greenville, SC

07/ 15/ 02

James Michael Morgan Apopka, FL

Evelyn Walls Moser Burlington, NC

Swati K. Parikh Boyds, MD

Michael Scott Reynolds Raleigh, NC

Jennifer Collins Perkins Chapel Hill, NC

Valerie Lynn Barnes Charlotte, NC

Angelia K. Ragsdale Patrick, SC

Donna Evered Seattle, WA

Stephanie Butler Morris Macon, GA

Christopher John Bundros Raleigh, NC

Ellen Kyle Adkins Goldsboro, NC

07/ 16/ 02

Lewis Fulton Semones, Jr. Charlotte, NC

Ronald P. McCarthy Fayetteville, NC

Suzanne M. Coneys Charlotte, NC

James Adrian Jensen Cedar City, UT

Allan J. Katsock Conshohocken, PA

07/ 17/ 02

G. Amy Stanton New Bern, NC

James Cyril Blaine Raleigh, NC

Regina Mary Manns Lexington, KY

Elizabeth Sedlin Buie Charlotte, NC

07/ 18/ 02

N. Douglas Hoy, Jr. Charlotte, NC

07/ 19/ 02

Walter Proctor Walker, Jr. Marietta, GA

07/ 22/ 02

John Michael Lunceford Tupelo, MS

James Patrick Gosnell Inman, SC

07/ 23/ 02

Nancy Burgess Davis Louisville, KY

Ross Alan Perkinson Charlotte, NC

Jami Lynn DeBold Charlotte, NC

Catherine S. Fair Raleigh, NC

07/ 24/ 02

Charles Benjamin Robert Booth Spring Hope, NC

Debbie A. Veazey Livermore, CA

Pamela P. Royalty Raleigh, NC

Drew Steven Deaton Birmingham, AL

07/ 25/ 02

Robert Tully Atwood Charlotte, NC

Tracy Lee Shellabarger Fort Wayne, IN

Teresa Marie Elliott Cordova, TN

Julie Carlisle Albrecht Charlotte, NC

Charles Fitzgerald Harbaugh Waterford Townshi, MI

Kathryn Michele Alexander Overland Park, KS

George E. Kemp Matick, MA

07/ 26/ 02

Joseph William Judd Horn Lake, MS

William Douglas Munn Boston, MA

Scott Allen Middleton Henderson, NV

John Lee Papurca Jacksonville, NC

Susan Marie Grella New York, NY

William Warner Chamberlain Durham, NC

Brian David Peters Pembroke Pines, FL

07/ 29/ 02

Donald Ernest Warnecke Dallas, TX

John McKinley Kirby Miami, FL

Benjamin Joshua Pearman Columbia, SC

Judy Hudson McGee Winston- Salem, NC

Yean- Ling Chien Kuo Chesterfield, MO

Kathy Jean Spesard Greenville, SC

Mary Katheryne Zagora Charlotte, NC

Tanya Green Greenlee Spartanburg, SC

David Joseph Helkey Gahanna, OH

Rahul Punj Jersey City, NJ

Leslie Crane Covington Crystal Lake, IL

Gwen E. Tilton Louisville, KY

Margaret C. Heintz Statesville, NC

Donald W. Proffer Mount Holly, NC

Hugh Geoffrey Lemonds Woodstock, GA

07/ 30/ 02

Clarence Melvin Spicer Canonsburg, PA

Theresa Knott Carroll Four Oaks, NC

Vann Rhodes Rogerson Williamston, NC

Clarence Guy Woolbright, III Simpsonville, NC

J. Stuart Shough Newberry, NC

Marilyn McKinley Dickey Hot Springs Village, AR

Paul Mark Oakley Cincinnati, OH

Paul Ricky Hinchey Knoxville, TN

Karen Longfellow Stone Dunwoody, GA

Neal H. Goldner Canton, MA

07/ 31/ 02

Harper Cole, Jr. Cary, NC

Robert George Willey, Jr. Charlotte, NC

Danny Bruce West Garner, NC

Blair Tucker Hatcher Chicago, IL

David Edwin Allen Raleigh, NC

Alita Dionne Balmer Cedar Park, TX

Melissa Smith Phillips Columbia, TN

Angela L. Burcham Davidson, NC

Eric William Gilbert Zetterholm Asheville, NC

Kimberly Winn Brooks Research Triangle Park, NC

Reclassifcation - Inactive Status

“ Inactive,” when used to refer to the status of a person, describes one who has requested inactive status and been approved by the Board

and who does not use the title “ certified public accountant” nor does he or she allow anyone to refer to him or her as a “ certified public

accountant” and neither he or she nor anyone else refers to him or her in any representation as described in 21 NCAC 8A .0308( b)

[ 21 NCAC 8A .0301( b)( 23)].

77

Board Meetings

Monday, September 23

Friday, October 18

Monday, November 18

Tuesday, December 17

Meetings of the Board are held at the

Board office and are open to the pub-lic.

However, under State law, some

portions of the meetings are closed to

the public.

If you wish to address the Board

regarding a specific issue, please con-tact

Robert N. Brooks, Executive Di-rector

of the Board, by telephone at

( 919) 733- 4222 or by e- mail

( rnbrooks@ bellsouth. net) at least

two weeks prior to the scheduled

Board meeting.

Reclassifications

Reissusance

Scott Glen Lowery, # 23199

Tony Wayne Morgan, # 5166

Reinstatement

Moire McCabe DiMartini, # 17955

Suzanne Marlar, # 17305

Richard L. Rollins, # 11859

Pamela Sue Rowe, # 22236

Sarah Norris Stroud, # 15311

Retired

“ Retired,” when used to refer to the status of a person, describes one possessing

a North Carolina certificate of qualification who verifies to the Board that the

applicant does not receive or intend to receive in the future any earned

compensation for current personal services in any job whatsoever and will not

return to active status [ 21 NCAC 8A .0301( b)( 23)]

07/ 23/ 02 James H. Hatch Charlotte, NC

07/ 23/ 02 Kyle C. Jones Sugar Grove, NC

COMPLETED IRS FORM W- 9

AVAILABLE FROM WEB SITE

www. state. nc. us/ cpabd

Certificate No. Send Mail to Home Business

New Home Address

City State Zip

CPA Firm/ Business Name

New Bus. Address

City State Zip

Telephone: Bus. ( ) Home ( )

Bus. fax ( ) E- mail Address

Certificate Holder

Last name Jr./ III First Middle

North Carolina State Board of

Certified Public Accountant Examiners

Post Office Box 12827

Raleigh NC 27605- 2827

PRST STD

US Postage

PAID

Greensboro, NC

Permit No. 393

21,000 copies of this document were printed for this agency at a cost of $ 2,758.29 or 13¢ per copy in August 2002.

Certificate holders not notifying the Board in writing within 30 days of any change in address or business location may be subject to

disciplinary action under 21 NCAC 8J .0107.

Address Change? Let Us Know!

Signature Date

Mail to: NC State Board of Fax to: ( 919) 733- 4209

CPA Examiners

PO Box 12827

Raleigh, NC 27605- 2827

State Board of

CPA Examiners

Board Members

R. Stanley Vaughan, CPA

President, Charlotte

O. Charlie Chewning, Jr., CPA

Vice President, Raleigh

Michael H. Wray

Secretary- Treasurer, Gaston

Barton W. Baldwin, CPA

Member, Mount Olive

Scott L. Cox, CPCU, CIC

Member, Charlotte

Walter C. Davenport, CPA

Member, Raleigh

Leonard W. Jones, CPA

Member, Morehead City

Staff

Executive Director

Robert N. Brooks

Legal Counsel

Noel L. Allen, Esq.

Administrative Services

Felecia F. Ashe

Communications

Lisa R. Hearne, Manager

Examinations

Judith E. Macomber, Manager

Phyllis W. Elliott

Licensing

Buck Winslow, Manager

Alice G. Steckenrider

Professional Standards

Ann J. Hinkle, Manager

Jo Gaskill

Receptionist

Karen Burton

Deadline for November Re- exam Applications: September 3, 2002