The American Institute of Certified Public Accountants (AICPA) requires its members who practice public accountancy be affiliated with a firm that is enrolled in an approved Peer Review Program.
Members of the program agree and adhere to professional quality standards, including annual continuing education for all professional staff, and to undergo an independent Peer Review once every three years. With the introduction of the new Quality Management Standards (QMS), peer reviews have become even more critical in ensuring compliance and excellence in accounting practices.
Both Managing Partners, Nancy Kelly and Jonathan Vitale, are Peer Reviewers who stay current with these evolving standards and work as a team with firms. As qualified Team Captains under the Peer Review process they lead peer review engagements and bring comprehensive expertise in all three must-select areas:
Uniform Guidance
Deep expertise in federal award audit requirements.
Yellow Book
Specialized in government auditing standards.
ERISA
Expert in employee benefit plan audit requirements.
Expert Peer Reviewers at Your Service
The selection of your Peer Reviewer is critical to receiving the full benefit of your peer review. Ideally, you want to match your Peer Reviewer’s experience to your firm’s experience for maximum efficiency and insight.
With the implementation of the new QMS in 2025, firms need reviewers who understand both the existing and new requirements. Our team provides guidance on both the technical aspects of your engagements and how your firm’s quality management system meets these enhanced standards.
Our Peer Review Services
Comprehensive peer review solutions tailored to your firm’s needs
Engagement Reviews
Designed for firms that do not conduct audits under Generally Accepted Auditing Standards, Government Auditing Standards, or examinations under the Attest Standards.
System Reviews
For accounting firms that conduct audits under Generally Accepted Auditing Standards, Government Auditing Standards, and examinations under the Attest Standards. This includes reviews, compilations, and agreed-upon procedures.
Peer Review Consulting
Includes pre-issuance and post-issuance reviews of engagements to help you identify and address potential issues before they become findings in a formal peer review.
Internal Inspections and Monitoring
Internal inspections to ensure ongoing compliance and quality, helping your firm maintain high standards between formal peer reviews.
Corrective Actions and Implementation Plans
Assistance with compliance regarding corrective actions or implementation plans resulting from peer reviews, helping you address findings efficiently and effectively.
Consulting on Audit Software Solutions
Guidance on the implementation of Audit Software and the new QMS. We help firms optimize their use of technology with the KVR methodology for quality and audit efficiency.
QMS Readiness Assessment
With the AICPA’s Quality Management Standards effective December 15, 2025, now is the time to prepare. Our QMS Readiness Assessment evaluates your firm’s current quality control system against the new standards, identifying gaps and providing a roadmap for compliance.
This proactive approach allows your firm to implement changes methodically rather than rushing toward the deadline, reducing stress and ensuring a smooth transition to the new requirements.
Ready to enhance your quality control?
Contact us today to discuss how our peer review services can help your firm meet professional standards while improving your practice.