In the Matter of Williams & Webster, P.S., Kevin J. Williams, CPA, and John G. Webster, CPA (6-12-2007)

In connection with the audit of the fiscal year (lfFY") 2003 financial
statements of Diatect International Corporation ("Diatect"), Respondents failed to exercise due professional care, failed to exercise professional skepticism, and failed to obtain sufficient competent evidence to afford a reasonable basis for an opinion regarding the financial statements. In particular, Williams failed to perform adequate audit procedures and failed to exercise due care and professional skepticism in the evaluation of evidential matter related to (1) Diatect's reported gain on the sale of mining rights; and (2) its reported revenue with respect to products for which a right of return existed. Webster
failed to exercise due professional care and objectivity in the performance of his concurring partner review of the audit. Specifically, during the audit Webster raisedissues about apparent departures from U.S. generally accepting accounting principles ("GAAP") and documented his concerns in a memorandum to Williams one month
before the audit report date, but then he concurred with W&W's decision to issue its unqualified audit report even though those issues remained inadequately addressed.

In the Matter of Thomas Benson and Thomas Benson, CPA (6-29-2007)

In connection with the Firm's audit of the fiscal year ("FY") 2006 financial statements of Conversion Solutions Holdings Corp. ("Conversion Solutions" or "the Company"), Respondents failed to exercise due professional care, failed to exercise professional skepticism, and failed to obtain sufficient competent evidence.
4. Specifically, Respondents failed to perform adequate audit procedures, and failed to exercise due care and professional skepticism related to: (1) financial statement assertions that the Company had rights to $500 million in Venezuelan bonds and approximately $19.9 million in related interest; (2) financial statement assertions about the existence and valuation of a $310 million note; and (3) the inclusion of certain non-monetary exchanges involving the aforementioned assets in the Company's statement of cash flows.

In the Matter of Susan E Birkert (11-14-2007)

PCAOB rules and standards require associated persons of registered
public accounting firms to comply with certain independence restrictions, including restrictions against committing to acquire a financial interest in an audit client Respondent violated these requirements by directing $5,000 toward the purchase of
Comtech stock while she was a member of the KPMG Comtech audit engagement team.

In the Matter of Timothy L. Steers, CPA, LLC, and Timothy L. Steers, CPA (11-14-2007)

In the Matter of Deloitte & Touche LLP (12-10-2007)

In the Matter of James L. Fazio, CPA (12-10-2007)

In the Matter of Ann Marie Fitzpatrick, CPA (12-14-2007)

In the Matter of Stephen J. Nardi, CPA (12-14-2007)

In the Matter of Kantor, Geisler & Oppenheimer, P.A., Steven M. Kantor, CPA, and Thomas E. Sewell (12-14-2007)

This matter involves violations of the Board's independence and auditing standards as well as certain violations of the Exchange Act. Specifically, in connection with audits of the financial statements of IWT Tesoro Corporation, KGO and Sewell failed to comply with independence requirements (relating to investments), failed to perform or reasonably to ensure the performance of sufficient audit procedures related to reported fixed assets, and failed to identify or appropriately address a departure from generally accepted accounting principles ("GAAP") related to accounting for stock options issued to employees, and Kantor prepared false audit documentation. In connection with one audit of the financial statements of GeneThera, Inc., KGO and Sewell failed to comply with independence requirements (relating to prohibited activities) and failed to perform or reasonably to ensure the performance of sufficient audit procedures related to the client's reported fixed assets and its accounting for the forgiveness of a liability. KGO also violated Section 10A(b) of the Securities Exchange Act of 1934 ("Exchange Act") and PCAOB standards by failing to take certain steps when it became aware of information indicating that an illegal act by GeneThera may have occurred.

In the Matter of Wieseneck, Andres & Company, P.A., and Thomas B. Andres, CPA (4-22-2008)

This matter involves violations of the Board's auditing standards. In
particular, in auditing the FY 2004 financial statements of American Capital Holdings, Inc. ("ACHI"), Respondents failed to perform, or reasonably ensure the performance of, sufficient audit procedures to evaluate the existence and valuation of recorded goodwill, marketable securities, and intangible assets – totaling more than 97% of ACHI's reported assets – and to evaluate ACHI's determination not to consolidate the financial statements of an entity in which it disclosed having a 90% interest. In addition, in auditing ACHI's FY 2005 financial statements, Respondents failed to identify or appropriately address departures from Generally Accepted Accounting Principles ("GAAP") relating to (1) recording the correction of an error in one period without recording it in the period in which the error occurred and (2) the misclassification of the value of certain declared dividends as an asset.

In the Matter of Jaspers + Hall, PC, Thomas M. Jaspers, CPA, and Patrick A. Hall, CPA 10-21-2008

This matter involves numerous and repeated violations of PCAOB auditing standards by Respondents in the audits of the financial statements of four issuer clients from 2005 through 2007. As detailed below, during the course of these audits Respondents consistently failed to perform the most basic functions and procedures
required to evaluate the financial statements of their issuer clients. Among other things, Respondents failed (1) to perform adequate, or sometimes any, audit procedures in areas such as cash, deferred revenue, business acquisition accounting, equity, income
taxes, related party transactions, and using the work of specialists; (2) to plan the audits, prepare audit programs, and prepare audit completion documents; (3) to identify and appropriately address departures from Generally Accepted Accounting Principles
("GAAP") concerning contingencies; and (4) to retain audit documentation for the required period of time.

In the Matter of Christopher E. Anderson, CPA (10-31-2008)

This matter concerns Respondent's violations of PCAOB rules and
auditing standards in auditing the fiscal year ("FY") 2003 financial statements of Navistar Financial Corporation ("NFC"). Respondent's failures occurred in the context of NFC's discovery – shortly before NFC and its parent, Navistar International Corporation ("NIC"), planned to file their Forms 10-K – of approximately $19.7 million in apparent errors resulting in an overstatement of NFC's assets, revenues, and earnings (the "overstatement").Upon discovery of the overstatement, NIC faced the prospect of having to report fourth-quarter earnings below those announced to analysts and
investors two weeks before.

Auditing Standard No. 5 – An Audit of Internal Control Over Financial Reporting That Is Integrated with An Audit of Financial Statements (7/27/2007)

Auditing Standard No. 4 – Conforming Amendments re Auditing Standard 5

Auditing Standard No. 3 – Audit Documentation (6/9/2004) (does not reflect amendments to conform to Auditing Standard 5)