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The Public Firm Accounting Oversight Board (PCAOB) has imposed a superb on Florida-based public accounting agency Beckles & Co, citing repeated delays in submitting Kind APs as required by regulatory requirements.
This penalty for late Kind AP filings quantities to $35,000 and considerations audits spanning 2023 and 2024.
Companies registered with the PCAOB should file a Kind AP for every audit report issued to public corporations.
Beckles & Co failed to fulfill these submitting deadlines for 9 audits, ultimately submitting the types in late August 2025 following intervention by PCAOB employees.
The affected audits embrace engagements for a number of corporations.
For OpGen’s monetary 12 months ended 31 December 2023, an audit report was launched in June 2024 and was a part of OpGen’s Kind 10-Ok submitted to the Securities and Change Fee (SEC) that very same day.
Beckles & Co additionally performed audits for Token Communities for fiscal years ending 30 June 2023 and 2024.
For Token’s 2023 monetary statements, Beckles & Co issued the audit report on 2 August 2024, and included within the Kind 10-Ok/A filed with the SEC on 5 August 2024.
For Token’s 2024 monetary statements, Beckles & Co issued the audit report on 31 December 2024 and included in Token’s Kind 10-Ok filed with the SEC on the identical day.
Audits for UbuyHoldings by Beckles & Co lined intervals ending 31 Could in each 2023 and 2024.
Audit experiences have been issued in 7 March 2024 and 6 June 2025 and included inside UbuyHoldings’ annual SEC filings on those self same dates.
For Vestiage, audits have been supplied for fiscal years ending 31 December in 2023 and 2024, with experiences issued on 16 April 2024 and 15 April 2025.
These audit experiences have been included in Vestiage’s Kind 10-Ok filed with the SEC on the identical dates.
The agency’s work for Eline Leisure Group concerned audits of monetary statements for the years ending 31 December 2023 and December 2024.
For Eline’s 2023 monetary statements, Beckles & Co issued an audit report dated 23 December 2024. This audit report was included in Eline’s Kind 10-Ok filed with the SEC on the identical day.
With regard to Eline’s 2024 monetary statements, Beckles & Co issued an audit report dated 15 April 2025. Beckles & Co included this report in Eline’s Kind 10-Ok filed with the SEC on the identical day.
The PCAOB order features a censure, a $35,000 civil penalty, and requires Beckles & Co to strengthen its insurance policies to make sure well timed reporting of audit members in future filings.
Following discover of the violations, Beckles & Co communicated to the PCAOB that it had developed and enforce revised procedures designed to make sure compliance with all its necessities associated to reporting audit members going ahead.
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