Canon Capital CPAs would like to announce that we have successfully completed a rigorous peer review of our accounting and auditing practice. The reviewer concluded that the firm’s system of quality control for our accounting and auditing practice in effect for the year ended May 31, 2016 was suitably designed and complied with to provide reasonable assurance of performing and reporting in conformity with the stringent quality control standards set by the American Institute of Certified Public Accountants (AICPA), the national professional organization of CPAs.
Canon Capital CPAs participates in the Peer Review Program, one of the AICPA approved practice monitoring programs. A firm participating in any of these programs must have an independent review of its accounting and auditing practice every three years. The review was conducted under the auspices of the Pennsylvania Institute of CPAs following standards issued by the AICPA and was performed by another licensed independent CPA firm who qualified under the program’s requirements for service as a reviewer.
Our peer review rating of “pass” indicates that Canon Capital CPAs meets the accounting profession’s high standards of quality and professionalism. If requested, the firm will provide a copy of the report on the results of the review of all interested parties although not required to do so.
Canon Capital CPAs is proud to serve businesses, not-for-profits and individuals throughout the greater Philadelphia area, providing a full range of audit, accounting, tax, and consulting services. If we may be of service to you, please contact us today.