License revoked.

Effective October 16, 1994

Effective October 15, 1993, via Stipulation, Decision and Order, the Board disciplined Respondent for gross negligence in his preparation of an audit report; accepting a $500 referral fee for recommending tax shelter investments to a client; and practicing public accountancy without a valid permit. Respondent's license was revoked. Revocation was stayed with three (3) years probation and one year suspension imposed, effective October 15, 1993.

As a term of probation, Respondent was ordered to complete continuing education and renew his CPA certificate by the end of his suspension period. Failure to comply with said term was cited as a basis for the automatic revocation of Respondent's license without further proceedings.

Respondent failed to complete the continuing education and renew his CPA certificate within the required time period. Failure to comply with the terms of the Board's disciplinary order.

License revoked. Revocation stayed with 3 years probation. Probation terms include one year suspension, 80 hours additional CPE, prohibition against any future review or audit engagements until Respondent demonstrates to the Board his competency to do such work, reimbursement to the Board for investigative costs, reimbursement to clients of $5,000 and other standard terms of probation.

Effective October 15, 1993

Respondent was grossly negligent relative to his preparation of an audit report in that he used an incorrect accountant's report, failed to refer to the statement of changes in financial position included in the client's financial statements and failed to qualify his report for or correct other financial statement and disclosure errors. Respondent's audit work papers also failed to document audit planning, confirmations, internal control study, subsequent events testing procedures, and allowances for doubtful accounts. Respondent further accepted a $500 referral fee for recommending tax shelter investments to a client. Respondent further practiced public accountancy while not the holder of a valid permit.

Business and Professions Code §§ 5100 (c) and (f), 5050. California Code of Regulations, Title 16, Division 1, § 56.

Revocation of CPA Certificate, via default decision.

Effective January 7, 2007

Mr. Laird was grossly negligent in the practice of public accountancy by failing to complete an estate tax return after being engaged and paid to do so by a client, and by incorrectly preparing an IRS Application for Tentative Refund, Form 1045, for a separate client.Mr. Laird breached his fiduciary duty as trustee of his deceased mother's trust by failing to properly administer the trust. Mr. Laird failed to provide an annual accounting of the trust after multiple requests from the beneficiaries, failed to properly designate trust property as property of the trust, and failed to file trust tax returns and a final decedent tax return.

Mr. Laird practiced public accountancy under the unregistered name of "James Laird Certified Public Accountant Professional Corporation." Mr. Laird failed to respond to multiple Board inquiries during the investigation.

Business and Professions Code, Division 3, Chapter 1, §§ 5100 (c), (i), (g) and 5060. California Code of Regulations, Title 16, Division 1, § 52.

Surrender of certificate, via stipulated settlement.

Effective June 19, 1999

Accusation AC-98-27 alleges Respondent began failing to prepare federal and state income tax returns on behalf of several long-standing clients, who annually provided him with their tax records with the understanding that he would prepare their income tax returns. In view of the fact that Respondent is suffering from a medical condition of uncertain duration which renders him unable to practice as a certified public accountant, and in order to avoid the time and expense necessary for an administrative hearing, respondent agreed to surrender his certificate.

Business and Professions Code, Division 3, Chapter 1, §§ 5037 (b), 5100 (c) and (f). California Code of Regulations, Title 16, Division 1, § 3.

Via default decision, revocation of CPA Certificate.

Effective November 4, 1996

On July 30, 1996, an accusation was filed against Mary M. Leal alleging Respondent performed audits for two condominium associations, each of which contained extreme departures from generally accepted auditing standards as discussed below: the auditor failed to document any planning for the audits; the auditor failed to document her understanding of the internal control structure and the assessed level of control risk; the auditor failed to document that she obtained sufficient competent evidential matter to afford a reasonable basis for an opinion; Respondent failed to perform analytical procedures; failed to obtain a representation letter from management; failed to make an inquiry to, and obtain a response from, the client's lawyer; failed to exercise due professional care in the performance of the audit; failed to modify the report for deficiencies in financial statement presentation and disclosure.

Respondent failed to maintain the required records for her continuing education for the 1992-1994 renewal period. Respondent also failed to complete continuing education for the 1994-1996 renewal period. Board staff issued two notices to Respondent requesting she submit an audit report and financial statements for review pursuant to the Board's Positive Enforcement Program (Rule 89.1). Respondent failed to respond to the Board's requests during the period of August 1992 to April 1993. Respondent practiced public accounting with an expired license from December 1992 to February 1995.

Business and Professions Code, Division 3, Chapter 1, §§ 5050, 5055, 5062, 5100(c) and (f). California Code of Regulations, Title 16, Division 1, §§ 87(a), 89(a), 89(b), 89(f), 89.1(a), 89.1(b), 90(a), and 90(c).

Revocation stayed with three years' probation, via stipulated settlement.

Mr. Leaper's license is suspended from practice for 180 days beginning the effective date of the decision.

As part of the 80 hours required for license renewal, Mr. Leaper shall complete 24 hours of continuing education directed by the Board or its representatives by August 1, 2003.

Mr. Leaper is required to reimburse the Board $5,000 for its investigation and prosecution costs.

Effective October 25, 2002

Mr. Leaper admits to the charges contained in Accusation AC-2001-2. Specifically, Mr. Leaper admits that he lacked independence in his 1993 audit of Styles on Video, Inc. Furthermore, Mr. Leaper admits that he failed to perform the audit in accordance with Generally Accepted Auditing Standards.

Mr. Leaper further admits that his conduct caused discipline to be imposed by the Securities and Exchange Commission. The Commission issued an order on June 17, 1998, suspending Mr. Leaper from practice before the Commission for five years.

Business and Professions Code, Division 3, Chapter 1, § 5100 (g). California Code of Regulations, Title 16, Division 1, § 65.

Surrender of CPA certificate, via stipulated settlement.

Ms. Lee is required to reimburse the Board $3,920 for its investigation and prosecution costs prior to the issuance of a new or reinstated license.

Effective February 25, 2007

Ms. Lee admits the truth of each and every charge and allegation in Accusation No. AC-2006-21 and agrees that cause exists for discipline and hereby surrenders her CPA certificate.

Ms. Lee admits that she was convicted of a crime substantially related to the practice of public accountancy. Ms. Lee was convicted by a plea of no contest to embezzlement, a misdemeanor charge. While Ms. Lee was employed as a tax compliance manager for Basic American Foods, Ms. Lee processed company tax payments to the California Franchise Tax Board (FTB) in the amounts of $25,000 and $150,000, and sent them to the FTB in payment of her own tax liability.

Ms. Lee failed to report her conviction to the Board.

Business and Professions Code, Division 3, Chapter 1, §§ 490, 5036, and 5100 (a).

Also See:

Kenny H. Lee CPA Group, Inc.

Accusation filed.

Revocation of CPA certificate.

Reimburse the Board for investigative and prosecution costs. The proposed decision states that the Board of Accountancy shall stay its collection of the costs awarded for a period of four months after the date the Board's decision becomes final. If Respondent provides proof of payment to victim of no less than an amount equal to the costs awarded within that period of time, the Board's stay shall become permanent.

Effective September 7, 1996

On March 8, 1993, in the Municipal Court of the Southeast/San Antonio Judicial District for the County of Los Angeles, State of California, Respondent entered a plea of nolo contendere to a felony violation of Penal Code section 504 (embezzlement) and admitted the special allegation of violation of Penal Code section 12022.6(a) (taking, damaging or destroying property in excess of $25,000).

Factually, during the period January 1, 1990 and August 31, 1992, while employed by C.A.R. Truck and Trailer Repair (CAR) as a certified public accountant, Respondent unlawfully appropriated from CAR, for his own purposes, at least $63,000 entrusted to him. The funds were sales tax monies intended for remittance to the State Board of Equalization.

The Board of Equalization demanded satisfaction of the tax liability and CAR's attempts to meet this demand resulted in significant financial hardship. CAR's credit rating was adversely affected as a direct result of Respondent's actions.

Business and Professions Code §§ 5100(a), (c), (h), and (j). California Code of Regulations, Title 16, Division 1, § 99.

Revocation stayed, with three years' probation, via stipulated settlement.

Mr. Leonard is required to submit to the Board or its designee for its prior approval, a plan of practice that shall be monitored by another CPA or PA who provides periodic reports to the Board or its designee. Mr. Leonard is required to pay all costs for such monitoring.

Mr. Leonard is required to notify the Board of all audit, review, or other attest engagements undertaken by him during the period of probation. The Board, at its discretion, may select reports and related working papers for submission and review.

Mr. Leonard shall have immediate access to, shall use, and shall maintain published materials and/or checklists that are consistent with his practice.

Mr. Leonard is required to complete 24 hours of continuing education, in addition to the 80 hours required for renewal of the license as directed by the Board or its representative.

Mr. Leonard is required to reimburse the Board $10,275 for its investigation and prosecution costs.

Other standard terms and conditions of probation.

Effective June 18, 2004

Mr. Leonard admits that he materially departed from professional standards foraudit reporting and work paper documentation, and that those material departures constituted gross negligence in the practice of public accountancy.

Mr. Leonard also admits that he failed in the performance of the audits of Mortgage Capital Resource Corporation for the year ended October 31, 1999, Worldwide Capital Industries, Inc. for the year ended December 31, 2001, and Advanced Brain Monitoring LLC for the years ended December 31, 1999, and December 31, 2000.

Specifically, Mr. Leonard failed to modify his reports for departures from generally accepted accounting principles and failed to comply with generally accepted auditing standards and generally accepted government auditing standards, including conducting the audits in accordance with the Consolidated Audit Guide for HUD Audit Programs and OMB Circular A-133, as applicable.

Business and Professions Code, Division 3, Chapter 1, §§ 5062, 5100(c) and (g). California Code of Regulations, Title 16, Division 1, § 58.

Revocation of CPA Certificate, via default decision.

Effective March 7, 1998

On or about December 31, 1996, a citation was issued to Respondent.
Respondent failed to comply with the citation and, as a result, Respondent's certificate was subject to discipline for unprofessional conduct.

Business and Professions Code, Division 3, Chapter 1, § 5100 (f). California Code of Regulations, Title 16, Division 1, § 95.4.

Revocation of CPA Certificate, via default decision.

Effective January 7, 2007

Ms. Leung is subject to disciplinary action in that on or about February 28, 2006, the U.S. Securities and Exchange Commission (SEC) issued an order suspending Ms. Leung from appearing or practicing before the SEC.

The SEC suspension followed Ms. Leung's consent to entry of final judgment in the U.S. District Court for the Central District of California on or about February 21, 2006, including terms by which she was permanently barred from serving as an officer or director of a public company and ordered to pay a $750,000 penalty.

Charges filed by the SEC in the matter alleged that Ms. Leung, in her positions as Chief Financial Officer, Chief Operating Officer, and member of the Board of Directors of Gemstar-TV Guide International, Inc., had participated in a scheme to defraud investors by inflating the company's licensing and advertising revenues.

Business and Professions Code, Division 3, Chapter 1, §§ 5100 (h) and (l).

Revocation of CPA Certificate, via stipulated settlement.

Effective May 1, 1998

For purposes of settlement, Respondent neither admits nor denies the allegations contained in First Amended Accusation, but agrees to revocation of CPA Certificate. The charges are that on May 11, 1992, Respondent entered two pleas of guilty in the 363rd Judicial District Court of Dallas County, Texas, involving theft from client trust funds.

Business and Professions Code, Division 3, Chapter 1, § 5100(a) and (h).

Revocation of CPA Certificate, via default decision.

Effective March 4, 1999

Reinstatement of CPA Certificate. License revoked. Revocation is stayed with three years' probation at standard terms and conditions.

Effective March 11, 2005

Mr. Levine failed to comply with a citation that was issued on or about January 13, 1998. As a result, Mr. Levine's certificate was subjected to discipline for unprofessional conduct.

Business and Professions Code, Division 3, Chapter 1, § 5100 (f).

License revoked. Revocation stayed and Respondent is placed on probation until December 31, 1995.

Probation terms include prohibition from selling or marketing any investment programs or products during period of probation; prohibition from engaging in any type of investment counseling or working for a company or organization that sells or otherwise promotes investments while licensed as a California CPA; prohibition from accepting, disbursing or otherwise handling client funds; provide all new and existing clients with written notice concerning the status of his CPA license; prohibition from accepting or performing audit engagement(s) during probation (all pending audit engagements are to be transferred to another CPA); prohibition from entering into business ventures of any kind with his accounting clients including loaning money or borrowing money from accounting clients during period of probation; and other standard terms of probation. Upon termination of probationary period (December 31, 1995), CPA certificate shall be revoked.

Effective November 3, 1994

Respondent is the President and major stockholder of a corporation.
Respondent solicited his accounting clients to invest in the corporation and guaranteed the investments by issuing "Notes Straight," which were promissory notes for amounts invested by his accounting clients in the corporation, to be paid "on demand" at variable interest rates.

Respondent breached his fiduciary responsibility to his clients by failing to accurately represent the investment risks associated with the corporation, failing to provide an accurate accounting of the investments and failing to immediately and expeditiously pay all principal and interest in accordance with the terms of the "Notes Straight."

Business and Professions Code, Division 3, Chapter 1, § 5100 (f).

Revocation of CPA Certificate, via proposed decision.

Mr. Lindberg is required to reimburse the Board $7,344.30 for its investigation and prosecution costs.

Effective November 8, 2003

Mr. Lindberg was grossly negligent in the performance of the audit of the financial statements of Advanced Refrigeration Technologies, Inc. for the year ended December 31, 2000.

The auditor's report and the working papers prepared in support of the auditor's opinion failed to comply with applicable professional standards. Specifically, Mr. Lindberg's working papers failed to document that the audit was adequately planned, that he obtained an understanding of internal controls, and that he performed audit procedures that assessed the reasonableness of carrying values of receivables, inventory and patents.

The working papers failed to document Mr. Lindberg's consideration of audit risk and materiality. The financial statements failed to include disclosures required by generally accepted accounting principles related to patents, development stage companies, and accounting for income taxes.

Business and Professions Code, Division 3, Chapter 1, §§ 5062, 5100 (c) and (f). California Code of Regulations, Title 16, Division 1, § 58.

Revocation of CPA Certificate, via stipulated settlement.

Effective May 1, 1998

For purposes of settlement, Respondent admits that she was convicted on a plea of guilty for violating provisions of Title 18, United States Code, Section 371 (conspiracy), a felony, in the United States District Court for the Central District, entitled United States of America v. Patricia Linden.

Business and Professions Code, Division 3, Chapter 1, § 5100 (a).

Revocation stayed with three years' probation, via stipulated settlement.

Respondent's license is suspended for 30 days.

All audits and reviews performed during the probationary period must be reviewed, prior to issuance, by another CPA approved by the Board.

Tolling of probation for out-of-state residency.

Completion of 40 hours of designated continuing education, as part of 80 hours required for renewal in active status.

Respondent is required to reimburse the Board $4,140.53 for its investigation and prosecution costs.

Other standard terms and conditions.

Effective April 28, 2002

For purposes of settlement, Respondent admits the working papers he and his unlicensed brother prepared for an audit of a San Diego homeowners association for the year ended December 31, 1998, were deficient in several areas.

The working papers were lacking in the following areas:

- Sufficient competent evidential matter to afford a reasonable basis for an opinion.

- Audit programs.

- Documentation of adequate planning and supervision.

- Assessments of control risk and of the risk of material misstatements due to fraud.

- Client or attorney representation letters.

- Evidence of the consideration of subsequent events that may have required adjustment or disclosure essential for a fair presentation.

Business and Professions Code, Division 3, Chapter 1, § 5100 (c) and (f). California Code of Regulations, Title 16, Division 1, § 58.

Revocation of CPA Certificate, via stipulated settlement.

Mr. Lloyd is required to reimburse the Board $4,177 for its investigation and prosecution costs prior to issuance of a new or reinstated license.

Effective June 17, 2007

Mr. Lloyd was convicted on a plea of guilty to one felony count of aiding and abetting in the preparation of a false and fraudulent tax return. The case, United States of America v. Max C. Lloyd, was filed in the United States District Court, District of Utah.

Mr. Lloyd failed to report his conviction to the Board.

Business and Professions Code, Division 3, Chapter 1, § 5063 and 5100 (a).

Revocation stayed with three years' probation, via stipulated settlement.

Mr. Loh is required to reimburse the Board $11,738.44 for its investigation and prosecution costs.

At Mr. Loh's expense, another licensee, approved by the Board or its designee, shall review all audits and reviews performed during the probationary period prior to issuance.

In addition to the 80 hours required for license renewal, Mr. Loh shall complete and provide proper documentation of 24 hours of continuing education within the period of time designated by the Board.

Mr. Loh shall maintain an active license status with the Board.

Other standards terms and conditions of probation.

Effective August 25, 2002

For purposes of settlement, Mr. Loh admits that he was grossly negligent in his audits of the financial statements of Community Youth Sports & Arts Foundation for the year ended December 31, 1998, and Pacific Havens, Inc. for the year ended December 31, 1999.

The audits contained extreme departures from generally accepted auditing standards. The auditor's report and the working papers prepared in support of the auditor's opinion failed to comply with applicable professional standards.

Specifically, Mr. Loh failed to properly plan the audits, document his understanding and consideration of internal control, obtain sufficient competent evidential matter, obtain management and legal representations, modify his audit report for departures from generally accepted accounting principles and exercise due professional care in the performance of the audits.

Business and Professions Code, Division 3, Chapter 1, § 5062, 5100(c), and (f). California Code of Regulations, Title 16, Division 1, § 58.

Revocation stayed, with three years' probation, via stipulated settlement.

Sixty days suspension from the practice of public accountancy.

Ms. Long shall take and pass with a score of 90 percent or better a Board-approved ethics examination.

Ms. Long is required to reimburse the Board $4,263 for its investigation and prosecution costs.

Other standard terms and conditions.

Effective December 22, 2004

For purposes of settlement, Ms. Long admits she was suspended from appearing or practicing before the Securities and Exchange Commission (SEC) as an accountant and ordered to pay a $35,000 civil penalty. The SEC's order was based upon their finding that Ms. Long, acting as Chief Accounting Officer of VantageMed Corporation, engaged in acts that resulted in VantageMed filing a materially false financial settlement; engaged in improper accounting practices that materially underreported VantageMed's operating costs and expenses, net loss and loss per share; and failed to disclose material information to VantageMed's independent auditors.

Business and Professions Code, Division 3, Chapter 1, § 5100 (h), and (l).

Revocation stayed, with three years' probation, via stipulated settlement.

Mr. Lopez's license is suspended for 180 days.

Mr. Lopez shall maintain an active license status even during the period of suspension.

Mr. Lopez shall complete and provide proper documentation of 24 hours of continuing education courses.

Mr. Lopez shall take and pass with a score of 90 percent or better a Board-approved ethics course prior to resumption of practice after the period of suspension.

Mr. Lopez shall have supervised practice for audit, review or compilation engagements. Mr. Lopez shall pay the cost of monitoring.

Mr. Lopez is required to reimburse the Board $12,133.50 for its investigation and prosecution costs.

Other standard terms of probation.

Effective April 29, 2007

Also See:

Lopez, Anthony

Mr. Lopez was grossly negligent for issuing the compilation reports of Woodside Fund Corporation as of November 30, 2000, and 2001 that did not conform to professional standards. In addition, the reports were issued under the firm name of Lopez & Lopez CPAs (firm) while the firm was not registered with the Board.

Mr. Lopez practiced public accountancy while his permit was expired.

Mr. Lopez failed to complete 24 hours of accounting and auditing continuing education during the two-year renewal period during which he issued compilation reports and willfully made a false statement on his renewal for the period stating that he was not subject to the accounting and auditing continuing education requirements.

Mr. Lopez practiced under the partnership name of Lopez & Lopez CPAs prior to registration with the Board, subjecting both Mr. Lopez and the firm to discipline.

Business and Professions Code, Division 3, Chapter 1, §§ 498, 5050, 5060, 5062, 5072, and 5100, 5100 (b), (c), and (g). California Code of Regulations, Title 16, Division 1, §§ 5, 58, 63, 87, 89, and 94.

Revocation of CPA Certificate, via Decision after Non-Adoption of Proposed Decision.

Effective October 16, 2004

Mr. Lopez was disbarred from practice before the Internal Revenue Service. The facts, occurring in 1990 and underlying the imposition of this discipline, are that Mr. Lopez was found to have engaged in disreputable conduct by willfully participating in and counseling a client in an attempt to evade the payment of federal taxes.

Mr. Lopez neglected and refused to promptly submit and/or counseled a client to refuse to promptly submit records or information to the Internal Revenue Service.

Mr. Lopez engaged in disreputable conduct by attempting to influence the official action of an Internal Revenue Service official by the use of threats and coercion.

Mr. Lopez did not report to the California Board of Accountancy that he was disciplined by the New Mexico Public Board of Accountancy.

Business and Professions Code, Division 3, Chapter 1, §§ 5063 and 5100 (h).

Revocation stayed, with three years' probation, via stipulated settlement.

Mr. Lopez's license is suspended for 180 days.

Mr. Lopez shall maintain an active license status even during the period of suspension.

Mr. Lopez shall complete and provide proper documentation of 24 hours of continuing education courses.

Mr. Lopez shall take and pass with a score of 90 percent or better a Board-approved ethics course prior to resumption of practice after the period of suspension.

Mr. Lopez shall have supervised practice for audit, review or compilation engagements. Mr. Lopez shall pay the cost of monitoring.

Mr. Lopez is required to reimburse the Board $12,133.50 for its investigation and prosecution costs.

Other standard terms of probation.

Effective April 29, 2007

Also See:

Lopez & Lopez CPAs

Mr. Lopez was grossly negligent for issuing the compilation reports of Woodside Fund Corporation as of November 30, 2000, and 2001 that did not conform to professional standards. In addition, the reports were issued under the firm name of Lopez & Lopez CPAs (firm) while the firm was not registered with the Board.

Mr. Lopez practiced public accountancy while his permit was expired.

Mr. Lopez failed to complete 24 hours of accounting and auditing continuing education during the two-year renewal period during which he issued compilation reports and willfully made a false statement on his renewal for the period stating that he was not subject to the accounting and auditing continuing education requirements.

Mr. Lopez practiced under the partnership name of Lopez & Lopez CPAs prior to registration with the Board, subjecting both Mr. Lopez and the firm to discipline.

Business and Professions Code, Division 3, Chapter 1, §§ 498, 5050, 5060, 5062, 5072, and 5100, 5100 (b), (c), and (g). California Code of Regulations, Title 16, Division 1, §§ 5, 58, 63, 87, 89, and 94.

License revoked.

Effective December 1, 1994

On June 15, 1992, Respondent's certificate was revoked. Revocation was stayed with five years probation and 12 months suspension imposed, both to commence within the first 24 months after the effective date of the decision when Respondent qualified for re-entry to the practice of public accountancy. Failure to timely comply with said requirements for re-entry was cited as a basis for the automatic revocation of Respondent's license without further proceedings. Respondent has failed to comply with all requirements to re-enter the practice of public accountancy within the allowed twenty-four months from the effective date of the Decision and Order.

Failure to comply with the terms of the Board's disciplinary order.

Revocation of CPA Certificate, via default decision.

Effective January 6, 1999

While on probation, Mr. Lundblad violated the terms of his probation in that he failed to do the following: take and pass a Board-approved ethics course; pay four quarterly payments of $658 each; submit five quarterly reports; appear before the Administrative Committee on April 23, 1998; and cooperate with the Board of Accountancy.

Business and Professions Code, Division 3, Chapter 1, § 5100 (c).

Via stipulated settlement - Revocation of CPA Certificate.

Revocation stayed with three years' probation. Probation terms to include: Completion of the Ethics Exam, reimbursement to the Board of investigative costs, and other standard terms of probation.

Effective November 4, 1996

On April 15, 1996, an accusation was filed against Gerald Thomas Lundblad alleging that he had failed to prepare annual returns, Form 990, for his client for 1989, 1990, 1991, and 1992. Further, the accusation alleged the licensee was dishonest with his client in that he repeatedly assured his client that levies by the IRS in 1991 and 1992 were the result of an incorrect tax identification number, when the levies were the result of a failure to file payroll tax returns and year end forms 990. Respondent was further charged with retention of client records and practice of public accounting with a delinquent license.

Via the stipulation for settlement, Gerald Lundblad admits to the above violations.

Business and Professions Code, Division 3, Chapter 1, §§ 5037(b), 5050, 5055, 5100(c) and (f). California Code of Regulations, Title 16, Division 1, § 68.