INDEX V
Van, Vlymen Neal F. San Diego CA CPA 41290
Board Actions
License revoked.
Effective September 14, 1994
Cause For Discipline
On October 6, 1993, Respondent was convicted in San Diego County Municipal Court for violation of Revenue and Taxation Code § 19405 (filing a false tax return), a felony, and violation of Penal Code § 487.1 (grand theft of personal property), a felony.
Violation(s) Charged
Business and Professions Code, Division 1.5, Chapter 3, § 490 and Division 3, Chapter 1, §, 5100 (a). California Code of Regulations, Title 16, Division 1, § 99.
Varshney, Prakash Santa Ana CA CPA 38312
Board Actions
Revocation of CPA Certificate.
The Stipulation specifically states that, in the event Respondent seeks reissuance of CPA Certificate No. 38312 in the future, he will be responsible for reimbursement of all investigative costs and attorneys' fees incurred by the Board as a result of prosecution in this matter.
Effective September 7, 1996
Cause For Discipline
Respondent further admits that grounds exist to discipline his license as relates to the conduct alleged within the subject Accusation.
The Accusation includes allegations that Respondent performed an audit for Westmont Securities Corporation for the year ended December 31, 1988, which included extreme departures from ordinary standards of practice in the accounting profession. In particular, the auditor's report did not contain the language required for auditor's standard reports on financial statements of a single year; the audit work papers contained no documentation that the audit was properly planned, that there was proper study and evaluation of internal control, or that adequate substantive testing was performed. The audited financial statements did not contain a statement of cash flows, and the notes to financial statements omitted various disclosures required by generally accepted accounting principles.
In addition to the foregoing, the Accusation alleges that Respondent breached his fiduciary duty to a client by sending a letter to the client's insurance company requesting payment to himself on the client's claim. Respondent's objective in so doing was to obtain compensation for uncollected accounting fees. The Accusation additionally charges Respondent with retaining the records of said client.
Violation(s) Charged
Business and Professions Code, Division 3, Chapter 1, §§ 5037, 5100(c) and (h). California Code of Regulations, Title 16, Division 1, § 68.
Vasquez, Raymond M. Chula Vista CA CPA 27988
Board Actions
Revocation stayed with three years' probation, via stipulated settlement.
Mr. Vasquez is required to reimburse the Board $4,662 for its investigation and prosecution costs.
Mr. Vasquez shall complete a Board-approved ethics examination and shall complete 25 hours of community service.
Other standard terms and conditions.
Effective April 25, 2003
Cause For Discipline
For purposes of settlement, Mr. Vasquez admits that he practiced public accountancy during the period from September 1, 1997, to August 28, 2001, while his permit to practice was expired. Mr. Vasquez also admitted that he advertised as a Certified Public Accountant and performed audit and review engagements during this time.
In addition, Mr. Vasquez failed to comply with continuing education requirements during the period from September 1, 1997, to August 31, 1999.
Violation(s) Charged
Business and Professions Code, Division 3, Chapter 1, §§ 5050 and 5100 (f). California Code of Regulations, Title 16, Division 1, §§ 87 (a), (c), and 89 (c).
Veen, Steven Conrad Downey CA CPA 40580
Board Actions
Revocation of CPA Certificate, via default decision.
Effective April 1, 2004
Cause For Discipline
On or about July 10, 2003, an order was instituted against Mr. Veen in the Securities and Exchange Commission's (SEC) Administrative Proceeding, wherein Mr. Veen was suspended from appearing or practicing before the SEC as an accountant.
Mr. Veen failed to notify the California Board of Accountancy within 30 days of the suspension entered against him by the SEC.
The order included the SEC's allegations that from at least 1996 to on or about 1998, Mr. Veen, as the Chief Financial Officer of Aura Systems, Inc., knew or was reckless in not knowing that Aura materially overstated its revenue for 1997 and 1998, and he provided Aura's independent auditors with false documents during the year-end audit.
Further, the SEC alleged that on or about January 19, 1999, Mr. Veen signed and caused to be filed with the SEC, a false third quarter report of NewCom. Mr. Veen knew or should have known that the report materially overstated earnings and revenue, and created false sales numbers.
Mr. Veen agreed to the entry of the SEC's order without admitting or denying the charges.
Violation(s) Charged
Business and Professions Code, Division 3, Chapter 1, §§ 5063, 5100(c) and (j), and 5200 (g) and (h).
Veerkamp, Kimberly Ann Lodi CA CPA 36498
Board Actions
Revocation of CPA Certificate, via default decision.
Effective October 25, 2002
Cause For Discipline
Ms. Veerkamp was engaged by a client to prepare his 1999 and 2000 federal and state individual income tax returns. Ms. Veerkamp had previously performed such engagements for this client. Ms. Veerkamp gave repeated assurances that she would prepare the client's returns but failed to do so.
In order for Ms. Veerkamp to perform the terms of the engagements, the client provided financial documentation to Ms. Veerkamp. The documentation entrusted to Ms. Veerkamp was, and at all times remained, the property of the client. The client made multiple demands, both written and oral, upon Ms. Veerkamp for her to return the financial documentation belonging to him, or to complete the engagements. Ms. Veerkamp failed to return the client's documentation and did not complete the terms of the engagements. The client was assessed penalties as a result of Ms. Veerkamp's failures.
Violation(s) Charged
Business and Professions Code, Division 3, Chapter 1, §§ 5037 (b) and 5100 (c). California Code of Regulations, Title 16, Division 1, § 68.
Vernazza, J. Ben Aptos CA CPA 8850
Board Actions
Revocation stayed, with three years' probation, via stipulation settlement.
Thirty days suspension from the practice of public accountancy.
Mr. Vernazza shall take and pass with a score of 90 percent or better an eight-hour Board-approved ethics course within the first year of probation.
Mr. Vernazza is required to reimburse the Board $3,267 for its investigation and prosecution costs.
Other standard terms and conditions.
Effective February 24, 2005
Cause For Discipline
Mr. Vernazza admits the truth of each and every charge and allegation in Accusation No. AC-2004-21.
On or about November 5, 2001, in SEC case number 3-9042, Mr. Vernazza was suspended from being associated with an investment advisor for six months. Subsequent to further judicial appeal, the suspension went into effect on or about April 24, 2003.
Mr. Vernazza did not report his suspension by the SEC to the California Board of Accountancy.
Violation(s) Charged
Business and Professions Code, Division 3, Chapter 1, §§ 5063 and 5100, 5100 (g), (h), and (l).
Villanueva & Guerrero CPAs Vallejo CA PAR 6297
Board Actions
Surrender of PAR Registration, via stipulated settlement.
Effective April 22, 2005
Also See:
Cause For Discipline
Accusation No. AC-2003-29 includes charges that the partnership of Villanueva & Guerrero CPA's was grossly negligent and failed to comply with professional standards in its audit of the financial statements of the Torres-Martinez Tribal Temporary Assistance to Needy Families program for the year ended September 30, 2001. The accusation further charged the firm, with gross negligence in its audits of National Hispanic University and Vallecitos CET, Inc., each for the financial year ended June 30, 2001. For the sole purposes of settlement, the partnership understands that at a hearing, a factual basis for the charges in the Accusation could be established and that those charges, if proven, would constitute cause for discipline of the partnership license.
Violation(s) Charged
Business and Professions Code, Division 3, Chapter 1, §§ 5062, 5100, and 5100 (c) and (g). California Code of Regulations, Title 16, Division 1, § 58.
Villanueva, David Salvador San Jose CA CPA 40582
Board Actions
Revocation of CPA Certificate, via default decision.
Effective October 24, 1997
Reinstated May 6, 2003
Cause For Discipline
Respondent was alleged to have committed gross negligence for extreme departures from professional standards in his performance of two review engagements.
In addition, Respondent practiced public accountancy with an expired permit, failed to maintain records in support of claimed continuing education hours, and practiced using the plural designation "Accountants" when he was a sole practitioner.
Violation(s) Charged
Business and Professions Code, Division 1, Chapter 1, § 118 (b), Division 3, Chapter 1, §§ 5050, 5062, and 5100 (c) and (f). California Code of Regulations, Title 16, Division 1, §§ 66, 87 (a), and 89 (d).
Disclaimer for Disciplinary Actions/License Restrictions Summary
The reports contained as part of this Web site represent summaries of those formal disciplinary orders issued by the Department of Consumer Affairs (Department) and its participating programs, boards, committees, and commissions, imposing suspension, revocation or other discipline. Enforcement proceedings that are resolved by dismissal of the accusation or otherwise result in no actual discipline of a license are not reported at this Web site.
Summary information on recent orders is prepared approximately thirty (30) days after the final decision date of an enforcement case. Therefore, although this Web site may presently lack any such report, some licensees will actually be named in accusations, or be subject to disciplinary orders. The lack of a summary for a particular licensed person does not mean that the licensee has never been the subject of an accusation or administrative discipline.
The brief summaries offered at this Web site are not intended as substitutes for the actual decisions and orders issued by the Department and its participating programs, boards, committees and commissions. Copies of those decisions and orders are available at no cost by writing to the designated address for each program or board.
Also, the actions reported here may not be final and may not reflect any judicial action to stay or modify the administrative order. You should not take any action based on information contained in these summaries without verifying the information and determining whether the administrative order has been stayed or modified by a court.
As used in this summary, the term "accusation" is a formal document which notifies a licensee of the agency's charges against the licensee, and that requests a disciplinary order. The licensee is entitled to contest the charges in a formal hearing before an administrative law judge. An accusation is usually resolved by an agency decision following such a hearing or by an agency decision pursuant to a settlement agreement. Often there is a considerable period of time between the date of filing an accusation and the resolution of the accusation.
The term "suspended" means that the licensee is prohibited for a period of time from engaging in activities for which licensure is required, usually for a specified number of days or months. A suspension will usually be imposed in conjunction with a lengthy period of probation of one or more years.
The term "revoked" means that the individual, partnership, or corporation is no longer licensed as a result of an enforcement action. Revocation is not necessarily permanent. The revoked licensee has the right, one year or more after the revocation, to petition the California Board of Accountancy for reinstatement. Reinstatement of the revoked license must be approved by the Board and may include probation and/or terms and conditions.
For a copy of these actions, please contact the Board by mail, e-mail, telephone, or fax as listed below:
California Board of Accountancy
2000 Evergreen Street, Suite 250
Sacramento, CA 95815-3832
Attn: Enforcement Division
E-mail: enforcementinfo@cba.ca.gov
Telephone: (916) 561-1729
FAX: (916) 263-3673