Defendant Name:
Child, Van Wagoner & Bradshaw, PLLC
Defendant Type:
Other
Initial Case Details
Legal Case Name
In the Matter of Child, Van Wagoner & Bradshaw, PLLC, Russell E. Anderson, CPA, and Marty Van Wagoner, CPA
First Document Date
08-Jul-2014
Initial Filing Format
Administrative Action
File Number
3-15965
Allegation Type
Issuer Reporting and Disclosure
AAER
3565
Violations Alleged
•
Sections 10A(a)(1), 10A(a)(2) Exchange Act; Rule 2-02(b)(1) Regulation S-X
Additionally,
Russell E. Anderson, CPA is alleged to have aided and abetted Child, Van Wagoner & Bradshaw, PLLC's violation of Sections 10A(a)(1), 10A(a)(2) Exchange Act; Rule 2-02(b)(1) Regulation S-X.
Russell E. Anderson, CPA is alleged to have caused Child, Van Wagoner & Bradshaw, PLLC's violation of Sections 10A(a)(1), 10A(a)(2) Exchange Act; Rule 2-02(b)(1) Regulation S-X.
Resolutions
First Resolution Date
11-Feb-2015
Headline Total Penalty and Disgorgement
$90,507
Related Documents:
34-72557
08-Jul-2014
Administrative Proceeding
Order Instituting Public Administrative and Cease-and-Desist Proceedings Pursuant to Sections 4C and 21C of the Securities Exchange Act of 1934 and Rule 102(e) of the Commission's Rules of Practice
On July 8, 2014, the SEC instituted cease-and-desist proceedings against Child, Van Wagoner & Bradshaw PLLC, Russell E. Anderson, CPA, and Marty Van Wagoner CPA. The SEC stated: "Between March 2010 and June 2011, CVB, an accounting firm based in Salt Lake City, Utah, and Anderson and Van Wagoner, two of its partners, served as the independent auditors of Yuhe International, Inc. ("Yuhe"), a China-based company whose stock was previously registered with the Commission and traded on Nasdaq. These proceedings arise from Respondents' failures to comply with Public Company Accounting Oversight Board ("PCAOB") Auditing Standards ("PCAOB Standards") in their 2009 and 2010 audits of Yuhe. Among other failures, CVB and Anderson failed to: (a) properly plan the audits and supervise assistants; (b) properly assess audit risk and materiality; (c) properly consider fraud and illegal acts; and (d) act with due professional care. In his role as engagement quality review partner, Van Wagoner failed to act with due professional care because he was aware, or should have been aware, of audit deficiencies but did not address them. Additionally, by virtue of his failure to comply with professional standards during Yuhe's 2010 audit, Van Wagoner also violated the engagement quality review standard set forth in AS 7."
34-74262
11-Feb-2015
Administrative Proceeding
Order Making Findings and Imposing Remedial Sanctions Pursuant to Sections 4C and 21C of the Securities Exchange Act of 1934 and Rule 102(e) of the Commission's Rules of Practice
On February 11, 2015, the SEC instituted settled cease-and-desist proceedings against Child, Van Wagoner & Bradshaw PLLC, Russell E. Anderson, CPA, and Marty Van Wagoner CPA. The SEC stated: "Between March 2010 and June 2011, CVB, an accounting firm based in Salt Lake City, Utah, and Anderson and Van Wagoner, two of its partners, served as the independent auditors of Yuhe International, Inc. ("Yuhe"), a China-based company whose stock was previously registered with the Commission and traded on Nasdaq. These proceedings arise from Respondents' failures to comply with Public Company Accounting Oversight Board ("PCAOB") Auditing Standards ("PCAOB Standards") in their 2009 and 2010 audits of Yuhe. Among other failures, CVB and Anderson failed to: (a) properly plan the audits and supervise assistants; (b) properly assess audit risk and materiality; (c) properly consider fraud and illegal acts; and (d) act with due professional care. In his role as engagement quality review partner, Van Wagoner failed to act with due professional care because he was aware, or should have been aware, of audit deficiencies but did not address them. Additionally, by virtue of his failure to comply with professional standards during Yuhe's 2010 audit, Van Wagoner also violated the engagement quality review standard set forth in AS 7."
Other Defendants in Action:
