Peer Review

How do you evaluate the best accounting firm?

There are a number of factors that help clients choose the best accounting firm for their needs. But there are also industry standards by which the public accounting profession is measured to support consistent processes and procedures across the industry. Those standards are changing. Firms such as Rudler, PSC are taking a proactive role in the evolving nature of public accounting standards through our peer review team.

Each year, Rudler, PSC performs peer reviews for other public accounting firms, but we can also help firms prepare for the changing nature of peer reviews by monitoring them months before the peer review is scheduled. We can inform firms about any areas that may be flagged during their inspection and monitoring process. With a narrower window for passing a peer review than in the past, CPA firms may choose this additional service to understand their exposures and correct them — continuing their services without interruption.

Rudler, PSC enjoys advising other CPA firms on best practices because it also helps us stay at the forefront of new standards in the industry. We pursue continuing education to maintain our reviewer status. We also attend related events hosted by the National Association of State Boards of Accountancy (NASBA) and the American Institute of Certified Public Accountants (AICPA). We regularly gather the most current intelligence to serve our peers and our clients as industry standards evolve.

Talk to the peer review team at Rudler. We can serve as a peer reviewer or help firms prepare for and respond to a peer review by another firm. With the right help, firms can develop best practices and quality control that support clients and the CPA profession.

CONTACT:

Lori Warden, CPA, CGMA
Accounting & Auditing Quality Control Shareholder
859-331-1717

Janna Fitzwater, CPA 
Manager
(859) 331-1717

Dave Neuhaus, CPA
Shareholder
(859) 331-1717

 

Related News and Resources:

National Association of State Boards of Accountancy
American Institute of Certified Public Accountants – Peer Review