If your firm performs services that include issuing reports purporting to be in accordance with AICPA professional standards, your firm is required to enroll in a practice-monitoring program and have a review of its accounting and auditing practice at least once every three years.
Click here for guidance from the AICPA.
Peer review is a renewal requirement of most state licensing societies and participation in the program can also strengthen internal quality control and improve internal processes and procedures.
Mueller Prost has been providing peer review services in the following areas since 2010:
- System Peer Reviews (for firms doing audits)
- Engagement Peer Reviews (for firms doing compilations and reviews)
- Readiness Assessments (pre-review before a formal peer review)
- Corrective Action Monitoring (to ensure compliance with Peer Review Acceptance Board corrective action recommendations)
John E. Oeltjen, CPA leads our peer review effort and offers more than 30 years of business leadership and consulting experience, including more than 25 years in public accounting. John serves on the AICPA’s Peer Review Acceptance Board for Missouri and serves on the MSCPA’s Accounting and Auditing Committee, which provides leadership to the industry on new accounting and auditing pronouncements.
Quinn R. Martin,CPA, MBA also serves on the AICPA’s Peer Review Acceptance Board for Missouri. As Mueller Prost PC’s primary peer review engagement manager, Quinn offers more than 10 years of experience in public accounting. Quinn also co-chairs our internal peer review compliance efforts and leads overall engagement quality efforts
In addition, the professionals at Mueller Prost bring more than 100 years of combined auditing and assurance services experience.
Please click here for a copy of our latest unqualified peer review.