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Audits Gone AWOL and PCAOB Brings the Hammer Down
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Subscribe13 JUN 2025 / PCAOB UPDATES
The Public Company Accounting Oversight Board (PCAOB) has penalized Heaton & Co. and its partner, Kristofer Heaton, for five poorly done audits, which lacked timely and complete documentation. The firm has been ordered to pay a $35,000 fine and Heaton a $25,000 fine; both have also been barred for two years from associating with any registered firm.
If you think an audit without proper paperwork is like a burger without the bun—messy, unconvincing, and kind of sketchy, you’re not alone. The PCAOB just put its foot down on Heaton & Co. and partner Kristofer Heaton for five flawed audit jobs that b...
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