AICPA Peer Review – Chicago (IL)
Chicago and Illinois CPA firms are required to undergo a firm peer review every three years – a requirement mandated by both the American Institute of Certified Public Accountants (AICPA) and state licensing agencies.
A peer review is an independent examination of a firm’s accounting and auditing practices by another CPA firm. The purpose is to build client confidence, enhance professional development, identify and mitigate risks, and to satisfy compliance requirements. The reviewer examines ethical requirements, human resources, client acceptance procedures and engagement performance and monitoring. Since the results of peer reviews are publicly available, working with an experienced provider who will carefully examine operations is critical.
CPA Firm Peer Review Experience
Barnes Dennig has significant experience providing CPA firm peer review services to firms in Chicago and Illinois. Our team has worked with dozens of firms of various sizes providing both system and engagement peer reviews. In fact, several team members have been conducting peer reviews for decades. Beyond this, Barnes Dennig not only stays current with the latest requirements and regulations impacting reviews, but also stays in touch with our peer review clients throughout the year, offering insights and ideas to improve operations and help our peers achieve the best possible outcomes. The result is a powerful combination of experience and expertise that drives value for your firm well beyond the peer review. Regardless of the need, Barnes Dennig is here to help.
CPA Firm Peer Reviews – Chicago (IL)
The benefits of working with an experienced peer review firm like Barnes Dennig, include:
- Practical Approach – We understand the challenge of maintaining daily responsibilities while undergoing a peer review, so, our approach is both practical and efficient. We provide timely, flexible, and efficient peer reviews designed to offer the necessary insights to improve the practice and bolster capabilities.
- Practice Knowledge – Our firm has a large client base with specialized experience across a wide range of industries and practice areas, so we can map our review team to your practice effectively and efficiently.
- Review Experience – Barnes Dennig has been performing CPA firm peer reviews for decades.
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Contact Our Chicago CPA Firm Review Team
Barnes Dennig provides CPA firm peer review services to companies in Chicago and Illinois. If you have questions or need assistance with your next peer review, contact us for a conversation. Here’s to your next peer review experience being a great one!
