At David A. Reumont CPA, we are committed to adhering to the highest standards of our profession. As part of this commitment, David A. Reumont CPA, PC is evaluated every three years under the AICPA Peer Review Program.
What is a Peer Review
Firms enrolled in the AICPA Peer Review Program are required to have a peer review, once every three years, of their accounting and auditing practice related to non-Security and Exchange Commission (SEC) issuers covering a one-year period. The peer review is conducted by an independent evaluator, known as a peer reviewer. The AICPA oversees the program, and the review is administered by an entity approved by the AICPA to perform that role.
Why is a Peer Review Important to our Clients
David A. Reumont CPA, PC's commitment to providing each of our clients with the personal, professional service they require is consistently reflected in our peer reviews. Most recently, as in all prior evaluations we achieved the highest possible rating attainable, a "pass" with no deficiencies. Our peer review results confirm that Reumont CPA is the right firm with the right ideas and the right results.
Most importantly, our peer review lets the public know that:
- We have a system of quality control for our accounting and auditing practice that meets the requirements of the AICPA's Statements on Quality Control Standards (SQCSs); and
- We are in compliance with that system of quality control, assuring our clients that we only apply the most professional standards to our work.
Our Peer Review Rating
When a CPA firm receives a report with a peer review rating of pass, the peer reviewer has concluded that nothing came to his or her attention that the CPA firm's work was not performed and reported on in conformity with applicable professional standards in all material respects. This is the highest rating that can be received after a peer review. Our latest peer review was issued November 22, 2013 and our rating was a pass. In the peer review report, we met all acceptable practice standards, and complied within the parameters as established by the regulatory body of the AICPA. We value this process and our membership in the AICPA. We do all this to benefit you, our valued client. Our prior peer review report was also a pass and was dated November 9, 2010. To view our latest Peer Review Report, click here.