PCAOB levies fine on Beckles & Co for late Form AP filings

The Public Company Accounting Oversight Board (PCAOB) has imposed a good connected Florida-based nationalist accounting steadfast Beckles & Co, citing repeated delays successful submitting Form APs arsenic required by regulatory standards.

This punishment for precocious Form AP filings amounts to $35,000 and concerns audits spanning 2023 and 2024.

Firms registered with the PCAOB indispensable record a Form AP for each audit study issued to nationalist companies.

Beckles & Co failed to conscionable these filing deadlines for 9 audits, yet submitting the forms successful precocious August 2025 pursuing involution by PCAOB staff.

The affected audits see engagements for respective companies.

For OpGen’s fiscal twelvemonth ended 31 December 2023, an audit study was released successful June 2024 and was portion of OpGen’s Form 10-K submitted to the Securities and Exchange Commission (SEC) that aforesaid day.

Beckles & Co besides conducted audits for Token Communities for fiscal years ending 30 June 2023 and 2024.

For Token’s 2023 fiscal statements, Beckles & Co issued the audit study connected 2 August 2024, and included successful the Form 10-K/A filed with the SEC connected 5 August 2024.

For Token’s 2024 fiscal statements, Beckles & Co issued the audit study connected 31 December 2024 and included successful Token’s Form 10-K filed with the SEC connected the aforesaid day.

Audits for UbuyHoldings by Beckles & Co covered periods ending 31 May successful some 2023 and 2024.

Audit reports were issued successful 7 March 2024 and 6 June 2025 and included wrong UbuyHoldings’ yearly SEC filings connected those aforesaid dates.

For Vestiage, audits were provided for fiscal years ending 31 December successful 2023 and 2024, with reports issued connected 16 April 2024 and 15 April 2025.

These audit reports were included successful Vestiage’s Form 10-K filed with the SEC connected the aforesaid dates.

The firm’s enactment for Eline Entertainment Group progressive audits of fiscal statements for the years ending 31 December 2023 and December 2024.

For Eline’s 2023 fiscal statements, Beckles & Co issued an audit study dated 23 December 2024. This audit study was included successful Eline’s Form 10-K filed with the SEC connected the aforesaid day.

With respect to Eline’s 2024 fiscal statements, Beckles & Co issued an audit study dated 15 April 2025. Beckles & Co included this study successful Eline’s Form 10-K filed with the SEC connected the aforesaid day.

The PCAOB bid includes a censure, a $35,000 civilian penalty, and requires Beckles & Co to fortify its policies to guarantee timely reporting of audit participants successful aboriginal filings.

Following announcement of the violations, Beckles & Co communicated to the PCAOB that it had developed and enactment into effect revised procedures designed to guarantee compliance with each its requirements related to reporting audit participants going forward.