Peer Review
Objective evaluations that strengthen quality, ensure compliance, and support continuous improvement within your firm.
A successful peer review isn’t just about compliance, it’s about building a stronger, more resilient practice.
At Faw Casson, we understand the importance of maintaining the highest professional standards in accounting. Our Peer Review Services are designed to help accounting firms like yours ensure compliance, improve quality, and enhance credibility. With decades of experience and a team of highly skilled professionals, we provide comprehensive peer review solutions tailored to your needs.
Faw Casson has been a part of the AICPA Peer Review process since its inception over 40 years ago. As part of this process, we also provide insight into best practices and share what we are seeing and hearing across the industry. Our goal is to deliver a peer review that not only meets requirements, but strengthens your firm’s overall quality control and audit and financial reporting practices.
Our experience includes ERISA audits, Single Audits, nonprofit organizations, and other engagements performed under auditing standards. We also perform engagements under Statements on Standards for Accounting and Review Services (SSARS)—including reviews, compilations, and preparation engagements—as well as Agreed-Upon Procedures. Our firm and its reviewers are members of the Government Audit Quality Center and the Employee Benefit Plan Audit Quality Center.
What is a Peer Review?
Peer review is a rigorous evaluation of an accounting firm’s system of quality control over its auditing and attestation services. It is required for firms enrolled in the AICPA Peer Review Program and demonstrates your commitment to delivering reliable, high-quality services.
Our services include:
- System Reviews: Evaluating the effectiveness of your quality control system to ensure compliance with professional standards
- Engagement Reviews: Assessing specific engagements for adherence to standards
- Consultative Support: Providing constructive feedback and recommendations for improvement
The Benefits of Peer Review
- Ensure Compliance: Meet AICPA and regulatory requirements with confidence
- Enhance Quality: Strengthen your firm’s processes and reputation
- Boost Client Confidence: Demonstrate your commitment to excellence and ethical practices
- Gain Competitive Advantage: Stand out as a quality-focused, trustworthy firm
Why Peer Reviews Matter
A successful peer review isn’t just about compliance, it’s about building a stronger, more resilient practice. Whether your goal is to improve quality, build client trust, or stay competitive, our peer review services provide a meaningful advantage.
Why Choose Us for Your Peer Review?
- Experienced Team: Our professionals bring decades of experience in accounting and auditing, with deep knowledge of professional standards and best practices
- Custom-Tailored Approach: Every firm is unique we provide personalized guidance and actionable insights to help you meet your goals
- Seamless Process: Our efficient, client-focused approach minimizes disruption to your day-to-day operations
- Trusted Advisors: As a respected name in the industry, we’re committed to maintaining the integrity of the peer review process while helping your firm grow
What Does the Process Look Like?
Our Proven Peer Review Process
- Initial Consultation: We discuss your firm’s needs, objectives, and scope
- Document Review: We evaluate your policies, procedures, and recent engagements
- On-Site or Virtual Review: A thorough assessment with minimal disruption
- Feedback and Reporting: Detailed findings with actionable recommendations
- Ongoing Support: Continued guidance even after the review is complete
Who This Is For
- Not-for-Profit Accounting – Transparency, compliance, and reporting for mission-driven organizations
- Professional Services Accounting – Supporting firms with partner structures, billing models, and performance tracking
Ready to Get Started?
Partner with Faw Casson for a peer review experience that is efficient, insightful, and focused on your success. Contact us today to schedule a consultation and take the next step toward strengthening your firm.
By choosing us, you’re choosing a partner who understands your challenges and is committed to helping your firm thrive.