PCAOB REVOKES TWO FIRM REGISTRATIONSWASHINGTON - The Public Company Accounting Oversight Board has revoked the registrations of Armando C. Ibarra PC of Chula Vista, Calif., and Turner, Stone & Co. LLP in Dallas, citing violations of PCAOB guidelines and auditing standards uncovered during its inspection process.

The PCAOB said that both Ibarra and Turner Stone & Co. "failed to exercise due professional care, skepticism and prepare appropriate audit documentation."

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