Peer Review

Peer Review Services

All partners within our firm hold the esteemed designation of Peer Reviewers and actively engage in conducting Peer Reviews for fellow Certified Public Accountants (CPAs) across the United States in accordance with the stringent requirements set forth by the American Institute of Certified Public Accountants (AICPA). This responsibility encompasses the evaluation of audits, including governmental and single audit engagements, as well as Employee Retirement Income Security Act (ERISA) engagements.

The American Institute of Certified Public Accountants (AICPA) mandates that public accounting firms undergo a peer review conducted by an independent firm every three years to assess the effectiveness of their quality control systems for accounting and auditing practices. As certified and experienced peer reviewers, Thomas and Company CPA PA will meticulously evaluate your firm’s work products and procedures to ensure compliance with AICPA standards. Our expert peer review team offers a comprehensive suite of services, including:

A Broad Spectrum of Consulting Services: Providing tailored guidance and recommendations to enhance your firm’s practices and compliance.

System Reviews: Evaluating the overall quality control system of your firm.

Engagement Reviews: Assessing individual audit and accounting engagements for adherence to professional standards.

Quality Control Reviews: Examining the effectiveness of internal controls and quality assurance processes.

Pre- and Post-Issuance Reviews: Conducting reviews before and after the issuance of reports to ensure accuracy and compliance.