State Board Metes Out Justice

CPAs have a pretty good gig — great pay, high demand and job security. What’s not to like, right?

But it’s not all champagne and roses. There’s that CPA exam and continuing education and professional standards and state law and tight deadlines. It all adds up.

Most accountants take care of their business. But on occasion, the State Board of Public Accountancy has to mete out a little justice.

And that’s what happened earlier this year to a Fayetteville accountant who time and again did not furnish audit reports to state inspectors during routine quality reviews. The accountant ultimately agreed to pay a $6,000 fine.

It doesn’t take an accounting degree to know that champagne and roses are expensive, and so are fines.