.
Following is a chronological listing of disciplinary
actions taken by the Board from February 28,
2003, through February 20, 2004. Each entry
includes the name, certificate or registration number
(if any), and last known significant address of
the respondent; the disciplinary sanction imposed;
a brief description of the basis of the disciplinary
sanction; the effective date of the disciplinary
sanction; and whether the disciplinary sanction was
taken pursuant to an Order (O), Adjudication
and Order (A&O), or Consent Agreement and Order(C&O).
This information was taken from the Summer of 2005
Pennsylvania State Board of Accountancy newsletter.
.
Tuesday, May 5, 2009
Monday, May 4, 2009
Practicing public accounting without a current license
AS STATED BY THE BOARD OF ACCOUNTANCY
.
ROBERT C. OLIVIERI, JR., P.C., license no.
AF-00218-L, of Bensalem, Bucks County, was
assessed a $1,000 civil penalty for practicing
public accounting without a current license
(2/11/04)(ACO).
That information was taken from the Summer of 2005
Pennsylvania State Board of Accountancy newsletter.
APPARENT INACCURACIES, ERRORS OR OMISSIONS
The firm of Robert C Olivieri, Jr PC is not
forbidden by law, to my knowledge, to practice
"Public Accounting" without a license.
The facts, based on my research, are that an
"Accounting Firm" is not permitted to hold
itself out as a "CPA Firm" unless the majority
of its shareholders are current licensed CPA's.
There are many, many "Accounting Firms" operating
today with ownership consisting of non CPA licensed
individuals with accounting degrees. In fact, there
are more non CPA licensed bookkeepers and accountants
than there are licensed CPA's or "CPA Firms".
.
.
ROBERT C. OLIVIERI, JR., P.C., license no.
AF-00218-L, of Bensalem, Bucks County, was
assessed a $1,000 civil penalty for practicing
public accounting without a current license
(2/11/04)(ACO).
That information was taken from the Summer of 2005
Pennsylvania State Board of Accountancy newsletter.
APPARENT INACCURACIES, ERRORS OR OMISSIONS
The firm of Robert C Olivieri, Jr PC is not
forbidden by law, to my knowledge, to practice
"Public Accounting" without a license.
The facts, based on my research, are that an
"Accounting Firm" is not permitted to hold
itself out as a "CPA Firm" unless the majority
of its shareholders are current licensed CPA's.
There are many, many "Accounting Firms" operating
today with ownership consisting of non CPA licensed
individuals with accounting degrees. In fact, there
are more non CPA licensed bookkeepers and accountants
than there are licensed CPA's or "CPA Firms".
.
Practicing public accounting without a current license and failing to complete required continuing professional education
AS STATED BY THE BOARD OF ACCOUNTANCY
ROBERT C. OLIVIERI, JR., certificate no. CA-
020306-L, of Bensalem, Bucks County, was assessed
a $2,000 civil penalty and directed to complete
make-up CPE for practicing public accounting
without a current license and failing to complete
required CPE during the two-year reporting
period preceding the reactivation of his license
(2/11/04)(A&O).
That information was taken from the Summer of 2005
Pennsylvania State Board of Accountancy newsletter.
APPARENT INACCURACIES, ERRORS OR OMISSIONS
Any individual, with an accounting degree, is
allowed to perform accounting services for the
general public without a CPA license.
I have a four degree in accounting from Temple
University. As such, I am able to perform
accounting services for the general public.
However, I am not allowed to perform any services
for the general public which requires a
current CPA license.
An individual is not allowed to perform
representation services, before the Internal
Revenue Service, without a current CPA license.
The make-up continuing professional education
credits were completed by May 27, 2004 as they
were requested by the Board of Accountancy to
be completed by August 11, 2004.
Nowhere in the Summer of 2005, Board of Accountancy,
newsletter does it state that the make up hours
were completed.
.
ROBERT C. OLIVIERI, JR., certificate no. CA-
020306-L, of Bensalem, Bucks County, was assessed
a $2,000 civil penalty and directed to complete
make-up CPE for practicing public accounting
without a current license and failing to complete
required CPE during the two-year reporting
period preceding the reactivation of his license
(2/11/04)(A&O).
That information was taken from the Summer of 2005
Pennsylvania State Board of Accountancy newsletter.
APPARENT INACCURACIES, ERRORS OR OMISSIONS
Any individual, with an accounting degree, is
allowed to perform accounting services for the
general public without a CPA license.
I have a four degree in accounting from Temple
University. As such, I am able to perform
accounting services for the general public.
However, I am not allowed to perform any services
for the general public which requires a
current CPA license.
An individual is not allowed to perform
representation services, before the Internal
Revenue Service, without a current CPA license.
The make-up continuing professional education
credits were completed by May 27, 2004 as they
were requested by the Board of Accountancy to
be completed by August 11, 2004.
Nowhere in the Summer of 2005, Board of Accountancy,
newsletter does it state that the make up hours
were completed.
.
Practicing as a "Public Accounting Firm" vs a "CPA Firm"
AS STATED BY THE BOARD OF ACCOUNTANCY
ROBERT C. OLIVIERI, JR., P.C., license
no. AF-000218-L, of Bensalem, Bucks
County, had its license suspended for failing
to pay a $1,000 civil penalty imposed by the
Board on February 11, 2004, for practicing
as a public accounting firm without a current
license. Termination of the suspension
is conditioned on the firm’s payment of the
civil penalty (4/14/04)(O).
That information was taken from the Summer of 2005
Pennsylvania State Board of Accountancy newsletter.
APPARENT INACCURACIES, ERRORS OR OMISSIONS
It is my understanding, based on research and
business experience, that any group of
individuals, all with accounting degrees,
may form a "Public Accounting Firm" for the
purpose of servicing the general public.
However, this "Public Accounting Firm" may not
hold itself out as a "CPA Firm", where the
majority of shareholders, of the firm, are
all current licensed CPA's.
A "CPA Firm", and not a "Public Accounting Firm",
may represent the general public before the
Internal Revenue Service.
The firm of Robert C Olivieri, JR PC is only
allowed to perform accounting services. And,
they are not considered a "CPA Firm" unless the
majority of its shareholders are current
licensed CPA's.
As such, it appears, there should not have
been an assessed civil penalty.
.
ROBERT C. OLIVIERI, JR., P.C., license
no. AF-000218-L, of Bensalem, Bucks
County, had its license suspended for failing
to pay a $1,000 civil penalty imposed by the
Board on February 11, 2004, for practicing
as a public accounting firm without a current
license. Termination of the suspension
is conditioned on the firm’s payment of the
civil penalty (4/14/04)(O).
That information was taken from the Summer of 2005
Pennsylvania State Board of Accountancy newsletter.
APPARENT INACCURACIES, ERRORS OR OMISSIONS
It is my understanding, based on research and
business experience, that any group of
individuals, all with accounting degrees,
may form a "Public Accounting Firm" for the
purpose of servicing the general public.
However, this "Public Accounting Firm" may not
hold itself out as a "CPA Firm", where the
majority of shareholders, of the firm, are
all current licensed CPA's.
A "CPA Firm", and not a "Public Accounting Firm",
may represent the general public before the
Internal Revenue Service.
The firm of Robert C Olivieri, JR PC is only
allowed to perform accounting services. And,
they are not considered a "CPA Firm" unless the
majority of its shareholders are current
licensed CPA's.
As such, it appears, there should not have
been an assessed civil penalty.
.
Practicing Public Accounting without a current license
AS STATED BY THE BOARD OF ACCOUNTANCY
ROBERT C OLIVIERI, JR., certificate
no. CA-020306-L, of Bensalem, Bucks
County, had his certificate of certified public
accountant suspended for failing to pay a
$2,000 civil penalty imposed by the Board
on February 11, 2004, for practicing public
accounting without a current license. Termination
of the suspension is conditioned on Olivieri’s
payment of the civil penalty(4/14/04)(O).
That information was taken from the Summer of 2005
Pennsylvania State Board of Accountancy newsletter.
APPARENT INACCURACIES, ERRORS OR OMISSIONS
Any individual, with an accounting degree, may
practice public accounting without a current
CPA license.
.
ROBERT C OLIVIERI, JR., certificate
no. CA-020306-L, of Bensalem, Bucks
County, had his certificate of certified public
accountant suspended for failing to pay a
$2,000 civil penalty imposed by the Board
on February 11, 2004, for practicing public
accounting without a current license. Termination
of the suspension is conditioned on Olivieri’s
payment of the civil penalty(4/14/04)(O).
That information was taken from the Summer of 2005
Pennsylvania State Board of Accountancy newsletter.
APPARENT INACCURACIES, ERRORS OR OMISSIONS
Any individual, with an accounting degree, may
practice public accounting without a current
CPA license.
.
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