KimWilfredTi,CPA-Respondent.PDFVIP

1666 K Street, N.W. Washington, DC 20006 Telephone: (202) 207-9100 Facsimile: (202) 862-0757 ORDER INSTITUTING DISCIPLINARY PROCEEDINGS, MAKING FINDINGS, AND IMPOSING SANCTIONS In the Matter of Kim Wilfred Ti, Respondent. ) ) ) ) ) ) ) ) ) PCAOB Release No. 105-2016-004 January 12, 2016 By this Order, the Public Company Accounting Oversight Board (Board or PCAOB) is censuring Kim Wilfred Ti (Respondent) and barring him from being an associated person of a registered public accounting firm.1 The Board is imposing these sanctions on the basis of its findings concerning Respondents noncooperation with a Board investigation, by failing to comply with an Accounting Board Demand requiring his testimony. I. The Board deems it necessary and appropriate, for the protection of investors and to further the public interest in the preparation of informative, accurate, and independent audit reports, that disciplinary proceedings be, and hereby are, instituted pursuant to Section 105(c) of the Sarbanes-Oxley Act of 2002 (Act) and PCAOB Rule 5200(a)(3) against the Respondent. II. In anticipation of the institution of these proceedings, and pursuant to PCAOB Rule 5205, Respondent has submitted an Offer of Settlement (Offer) that the Board has determined to accept. Solely for purposes of these proceedings and any other proceedings brought by or on behalf of the Board, or to which the Board is a party, and without admitting or denying the findings herein, except as to the Boards jurisdiction over Respondent and the subject matter of these proceedings, which is admitted, Respondent consents to the entry of this Order Instituting Disciplinary Proceedings, Making Findings, and Imposing Sanctions (Order) as set forth below.2 1 Respondent may file a petition for Board consent to associate with a registered public accounting firm after three (3) years from the date of this Order.