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Board, if any.
5 Andersen understands that it has a right to hearing on this matter and to judicial review,
including appeal, under the laws of the United States and the State of Texas. Andersen
knowingly and willingly waives theserights with respectto all claims assertedin the Board's
Notice of Hearing and Complaint in consideration of the Board's agreement to accept the
terms of this Agreed Consent Order. Andersen has consulted with counsel concerning this waIver.
6. Andersen consents to the adoption of this Agreed Consent Order by final Board order and
expressly agreesto be bound by the terms herein. 7 Should this Agreed Consent Order not be adopted by the Board, the payment for
administrativepenalty and the original of this AgreedConsentOrder shall be returnedto
Andersenand it is agreed hat neitherthe presentation f this AgreedConsentOrderto the
Board nor the Board's consideration f this AgreedConsentOrderwill be deemedo have
unfairly or illegally prejudicedthe Board or any individual membersof the Board from
further participation in proceedingselatedto the matter set forth in this AgreedConsent
Order. Likewise, should this Agreed ConsentOrder not be adopted by the Board, neither the presentation f this AgreedConsent rderto theBoardnor the Board's consideration f this
AgreedConsentOrderwill be deemedo prejudiceAndersen.
t -5- 8. In accordance with Finding of Fact 4, this Agreed Consent Order constitutes an offer to
compromise and, if adopted by the Board a compromise of a disputed claim. Neither the
offer by Andersen or by the Board, nor the adoption of this compromise Agreed Consent
Order by the Board, nor the revocation ordered herein, shall prejudice or be used as a basis
for discipline in any Board proceeding or SOAH proceeding against any individual currently
or fonnerly a partner or employee of Andersen. 9. Nothing herein shall be construedto require Andersento undertakeany action that is
inconsistent with or will interfere with or impede any governmental investigation. 10. This Agreed Consent Order is subject to mandatory disclosure. The Board will disclose the
terms of this Agreed Consent Order. This Agreed Consent Order and Andersen's name will
be published. at a minimum. in the Board's official publication pursuant to Board Rule 519.12.
11. The Board reserves any rights and remedies at law it may have for enforcement of this
Agreed Consent Order should Andersen fail to comply with the terms of this Agreed Consent Order.
ACCEPTED AND AGREED: By:
TEXAS STATE BOARD OF PUBLIC ACCOUNTANCY
~. ~c 7 ~.:::;:~~:::-..c- ~ A.a
e ,I William Treacy,
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- Spring '14