Thor, everybody,
The Independent Auditors' Report for GPGI dated April 16, 1998 was prepared by Jones, Jensen & Company. Their partners are listed as: R. Gordon Jones, CPA, PC; Mark F. Jensen, CPA, PC; and, Franklin L. Hunt, CPA, PC.
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R. GORDON JONES, CPA AND MARK JENSEN CPA DENIED THE PRIVILEGE OF PRACTICING
BEFORE THE COMMISSION FOR THREE YEARS
On May 4, the Commission entered an Order Making Findings and Imposing
Sanctions against R. Gordon Jones, CPA, of Salt Lake City, Utah. The
order was entered under Rule 102(e) of the Commission's Rules of
Practice and was pursuant to Jones's offer of settlement offer in which
he neither admitted nor denied the allegations in the Commission order.
The order finds that Jones acted recklessly in violation of professional
standards in connection with the audit of the September 30, 1995
financial statements of Dynamic American Corp. Jones was the audit
partner in charge of that audit. The order denies Jones the privilege of
practicing before the Commission as a CPA provided that he may reapply
after three years.
Also on May 4, the Commission entered an Order Making Findings and
Imposing Sanctions against Mark F. Jensen, CPA, also of Salt Lake City,
Utah. That order settles two separate administrative proceedings in
which Jensen is a respondent. The order was entered under Commission
Rule 102(e) and was pursuant to Jensen's offer of settlement in which he
neither admitted nor denied the allegations by the Commission. The order
finds that Jensen acted recklessly in violation of professional
standards in connection with the audit of the Dynamic American financial
statements noted above. Jensen was the concurring reviewer on that
audit. In addition, in separate administrative proceedings, the order
finds that Jensen acted recklessly in violation of professional
standards in connection with an audit of 1994 financial statements of
Sky Scientific Inc. in which he was also the concurring reviewer. The
order denies Jensen the privilege of practicing before the Commission as
a CPA provided that he may reapply after three years. (Mark F. Jensen -
Rel. 34-44264, AAE Rel. 1389, File No. 3-9863; R.Gordon Jones - Rel. 34-
44265; AAE Rel. 1390; File No. 3-10210)
sec.gov
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Kinda says it all, doesn't it?
Karl de Pina |
