Document Type
Article
Publication Date
1962
Abstract
Where certified public accountant certified materially false and misleading financial statements including statements filed with the Commission and stated in his certificates that he had examined the companies' financial accounts and records and that such examination was made in accordance with generally accepted auditing standards and accordingly included such tests of the accounting records and other auditing procedures as he considered necessary under the circumstances, when in fact he had not even seen the companies' books and records but relied instead entirely on statements which another certified public accountant either had prepared or the accountant assumed he had prepared; and he was not independent with respect to the company whose financial statements were filed with the Commission, held, accountant engaged in unethical and improper professional conduct and will be denied privilege of practicing before the Commission.
Relational Format
article
Series Title
Accounting Series Release No. 091
Recommended Citation
United States. Securities and Exchange Commission, "In the matter of Arthur Levison and Levison and Company: file no. 4-99: Rules of practice - rule 2(e): Findings and opinion of the Commission" (1962). Federal Publications. 171.
https://egrove.olemiss.edu/acct_fed/171