Emmet R. Wood of Raleigh and Nancy C. Adams of Greenville, North Carolina have been employed by the Real Estate Licensing Board as Trust Account Auditors. (The Board's previous Auditor, L. Ted Gayle, was recently promoted by the Board to the position of Administrative Assistant.)
Their duties will include making periodic audits of real estate trust accounts and developing and conducting instructional programs for real estate brokers regarding the proper handling of trust funds.
Emmet is a native of Edenton, North Carolina and a 1974 graduate of North Carolina State University where he completed additional studies in accounting, business law, and federal taxation in 1977. He is both a Certified Public Accountant and a licensed real estate broker. He has been associated with public accounting firms in Raleigh and was an agent for a Raleigh real estate brokerage firm.
Emmet is single and resides in Raleigh.
Nancy is a graduate of Vanderbilt University and received a second degree in Accounting from East Carolina University in 1980. In May of this year she passed the CPA examination. Prior to joining the Board, she was an examiner for the Federal Home Loan Bank Board where she was in charge of conducting compliance audits at federally insured savings and loan associations.
Nancy and her husband, Ben, reside in Greenville, North Carolina.