UHY LLP is pleased to announce that the AICPA’s National Peer Review Committee recently accepted our peer review report dated January 31, 2018. That report was prepared by our peer reviewer—Postlethwaite & Netterville—based on its review of UHY LLP in November 2017. CPA firms can receive a rating of pass, pass with deficiency(ies), or fail. UHY LLP received a peer review report rating of pass – the best possible outcome.
Peer reviews are conducted on a triennial basis and are performed on UHY LLP’s system of quality control for its accounting and auditing practice applicable to non-SEC issuers.
A peer review is conducted by qualified CPA inspectors from an outside CPA firm. These peer reviewers select engagements that are representative of the reviewed firm’s non-SEC practice. Their selection considers the various industries served by the firm, the partners serving those industries and must include all levels of attest service.
In addition to the numerous engagement files reviewed in detail, our peer reviewers inspect other areas of our non-SEC practice including client acceptance and retention, independence, integrity and objectivity, licensing and professional membership, and our staff and partner resources related to recruiting, hiring, assignments, education and training, and continuing professional education.
We are proud of our record of commitment to quality and pledge to continue in our dedication to the highest level of service.