In order to be admitted to or retain membership in the American Institute of Certified Public Accountants, members who are engaged in the practice of public accounting in the United States or its territories are required to participate in an approved practice-monitoring program, performed by another accounting firm, every three years.
Firms have peer reviews because of the public interest in the quality of the accounting, auditing and attestation services provided by public accounting firms. In addition, the peer review process contributes to the quality and effectiveness of a firm's practice.
Since inception Renzi, Bernardi, Suarez & Co. has received a "pass" rating which is the highest rating a firm can receive. The opinions expressed by our reviewers confirm that our firm has a reliable system of quality control and meets the standards of the American Institute of Certified Public Accountant's Statements on Quality Control Standards. Click here for the results of our most recent peer review.
This peer review qualifies our firm to perform under Government Auditing Standards Single Audits (formerly A-133) and Audits of Employee Benefit Plans.