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Re: integral post# 142985

Saturday, 08/22/2015 9:50:04 PM

Saturday, August 22, 2015 9:50:04 PM

Post# of 148340
Frederick Beeler's accounting services appear to be primarily in tax preparation and bookeeing. He does not claim to be a CPA. He may prepare the corporate tax return for the IRS but he is in not qualified to do an audit of an official public company.

Anyone can prepare financial unaudited statements for a public company, but only PCAOB-registered firm can legally perform an audit of a public company.

The Public Accounting Accounting Oversight Board (PCAOB) is a regulatory agency established by Congress via the The Sarbanes-Oxley Act of 2002 in the wake of multiple accounting scandals such as Enron.

http://pcaobus.org/Pages/default.aspx

It is odd that DSUS lists Beeler as its "public accountant." If he prepares financial statements for the company, they could not be called "audited" and would not be acceptable for submission to the SEC for "uplisting" the venue on which the company's stock trades.

Beeler's online resume is shown as having been updated on May 3 of this year:
http://www.indeed.com/r/Frederick-Beeler/512b5292cfcab70d

He seems to be a hard-working, honest person who does not claim to be an auditor. He really should not be listed on the company's website as its "public" accountant. If they want to list him, perhaps he should just refer to him as their accountant or tax accountant.