Jennifer Crofoot, a former audit partner at Fruci & Associates II, was barred for three years and the firm was docked $50,000 for failing to follow U.S. auditing rules and standards in connection with the audits of four public companies.
The Public Company Accounting Oversight Board has barred a CPA and fined the accounting firm where she formerly worked as an audit partner $50,000 for failing to follow U.S. auditing rules and standards in connection with the audits of several public companies.
During the relevant time period, Jennifer Crofoot, CPA, was an audit partner at Spokane, WA-based Fruci & Associates II and the engagement partner for the four audits in question…