As a member of the American Institute of Certified Public Accountants (AICPA), Northland CPAs has participated in the AICPA Peer Review Program and undergone the rigorous Peer Review evaluation process every three years since the firm’s inception. Northland CPAs has always received the highest rating possible.
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. Northland CPA’s peer review is an enagement review that includes the study and appraisal of a sample of a CPA firm’s actual accounting work, including accounting reports issued and documentation prepared by the CPA firm, as well as other procedures that the firm performed.
The peer review monitors conformity with professional standards and is one of the CPA profession’s self-regulatory tools used to protect the CPA hallmark and public interest. The overall goal is to promote quality in accounting services provided by AICPA members and their CPA firms.
The reviewer may issue one of three opinions on the firm’s accounting practices: pass, pass with deficiencies, and fail. Northland CPAs peer review process has received the highest grade of pass.