Professional Disclosures

Effective Date: December 11, 2024

Licensing and Certification

Ross A. Drapalski is an active Certified Public Accountant (CPA) licensed in the state of North Carolina, and is regulated by the North Carolina State Board of Certified Public Accountant Examiners to comply with all applicable U.S. state and federal regulations concerning the practice of public accounting.

• CPA License Number: 40495 (Issued July 2016)
• Regulator: North Carolina State Board of CPA Examiners

In addition, he holds the following acive credentials:

• Certified Fraud Examiner (CFE) with the Association of Certified Fraud Examiners (ACFE)
  • CFE Certification Number: 885949 (Issued September 5, 2019)
• Certified Internal Auditor (CIA) with the Institute of Internal Auditors (IIA)
  • CIA Certification Number: 161074 (Issued June 2018)

Professional Associations

Ross A. Drapalski is an active member of the following professional associations:

• Association of Certified Fraud Examiners (ACFE)
• Institute of Internal Auditors (IIA)

Codes of Conduct

As a licensed CPA and active CFE and CIA Ross A. Drapalski adhears to the following codes of conduct:

The Board of Directors of the North Carolina Association of Certified Public Accountants adopted the following policy during its meeting on September 7, 1990: The Board of Directors of the North Carolina Association of Certified Public Accountants subscribes to the Code of Professional Conduct of the American Institute of CPAs and the Rules of Professional Ethics and Conduct of the North Carolina State Board of CPA Examiners. In the event of any conflict, the provision of the North Carolina Board of CPA Examiners shall prevail.

The Code of Professional Conduct of the American Institute of CPAs and the Rules of Professional Ethics and Conduct of the North Carolina State Board of CPA Examiners may be accessed from the IIA website: https://www.ncacpa.org/code-professional-conduct

Institute of Internal Auditors (IIA) Code of Ethics (CoE), which is divided into two parts: the Principles and the Rules of Conduct.

IIA’s Code of Ethics (CoE) Principles

• Integrity The integrity of internal auditors establishes trust and thus provides the basis for reliance on their judgment.
• Objectivity Internal auditors exhibit the highest level of professional objectivity in gathering, evaluating, and communicating information about the activity or process being examined. Internal auditors make a balanced assessment of all the relevant circumstances and are not unduly influenced by their own interests or by others in forming judgments.
• Confidentiality Internal auditors respect the value and ownership of information they receive and do not disclose information without appropriate authority unless there is a legal or professional obligation to do so.
• Competency Internal auditors apply the knowledge, skills, and experience needed in the performance of internal audit services.

In addition, Internal auditors are expected to comply with the International Standards for the Professional Practice of Internal Auditing (ISPPIA). The IIA CoE and the ISPPIA may be accessed from the IIA website: www.theiia.org

Association of Certified Fraud Examiners (ACFE) Code of Professional Ethics (CoPE)

• ACFE’s Code of Professional Ethics (CoPE)
  • An ACFE Member shall, at all times, demonstrate a commitment to professionalism and diligence in the performance of their duties.
  • An ACFE Member shall not engage in any illegal or unethical conduct, or any activity which would constitute a conflict of interest that has not been properly disclosed to the appropriate parties.
  • An ACFE Member shall, at all times, exhibit the highest level of integrity in the performance of all professional assignments, and will accept only assignments for which there is reasonable expectation that the assignment will be completed with professional competence.
  • An ACFE Member will comply with the lawful orders of the courts, and will testify to matters truthfully and without bias or prejudice.
  • An ACFE Member, in conducting examinations, will obtain evidence or other documentation to establish a reasonable basis for any opinion rendered.
  • No opinion shall be expressed regarding the guilt or innocence of any person or party.
  • An ACFE Member shall not reveal any confidential information obtained during a professional engagement without proper authorization.
  • An ACFE Member shall reveal all material matters discovered during the course of an examination, which, if omitted, could cause a distortion of the facts. VIII.
  • An ACFE Member shall continually strive to increase the competence and effectiveness of professional services performed under their direction.

In addition, Ross A. Drapalski must adhear to the ACFE Code of Professional Standards (CoPS), as adopted by the ACFE Board of Regents, November 1, 2020). The ACFE CoPE and CoPS may be accessed at https://www.acfe.com.

Contact Information

For more information about my qualifications, certifications, or to verify my licensure, please feel free to contact Ross A. Drapalski at

• Email: info@drapal.ski

Disclaimer

The information provided on this website is for general informational purposes only and should not be considered as professional advice. It is always best to consult with a qualified professional for specific guidance tailored to your situation. The content on this website does not constitute an accountant-client relationship, and any communication through the website should not be construed as providing professional services.