Agreed Consent Order

5 andersenhas with the assistance nd counselof its

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Unformatted text preview: determinate final outcome of the criminal case. 5 Andersenhas, with the assistance nd counselof its attorneys,read and understood he a t entiretyof this AgreedConsentOrder. III. CONCLUSIONS OF LAW The Board hasjurisdiction over the subjectmatter of the complaint and over Andersen pursuantto Sections901.151and 901.501of the Act. 2. Thejury verdict againstAndersen, ssetforth in Finding of Fact2 would, uponrenditionof a a guilty verdict, assessmentf punishment, ndexhaustion f appeals, onstitutea violation o a o c of Board Rule 501.90(4) regardingconviction of a felony offenseunder the laws of the United States.Suchviolation would constitute rounds or disciplinaryactionunderSection g f 901.502(6)of the Act. 3 Thejury verdict against ndersen, ssetforth in Finding ofF act 2 would, uponrenditionof A a a guilty verdict, assessmentf punishment, ndexhaustion f appeals, onstitutea violation o a o c of the following Sections f the Act: 901.502(6) egardingviolation of the Board'sRulesof o r Professional onductand 901.502(lO)(A)regardingconviction ofa felony underthe laws C of the United States;and 901.502( 1)regardingconductindicating lack of fitnessto serve 1 the public as a professionalaccountant. Pursuantto Section 901.502, such violations, .2- collectively and independently,would constitute grounds for discipline under Section 901.501of the Act. 4. A final conviction of Andersenupon the jury verdict set forth in Finding of Fact 2 would constitutea singleviolation of the Act and as suchwould be groundsfor imposition of an administrativepenaltynot to exceed$1,0...
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