Accounting + Advisory
Honkamp's depth of talent and resources allow us to assist you across a broad range of business needs.
Peer Review for CPA Firms
Reviews made for those who review
Honkamp’s knowledgeable and forward-thinking team of industry and quality management experts takes a consultative, personal approach to peer reviews. We go beyond technical compliance to deliver educational feedback that helps your firm sharpen its edge.
Peer reviews are performed as either a system review or an engagement review:
- System reviews are required for firms that perform engagements in accordance with the Statement on Auditing Standards (SAS), the Government Auditing Standards (Yellow Book), examinations under the Statement on Standards for Attestation Engagements (SSAE), or engagements under PCAOB standards. These reviews focus on the firm’s system of quality management, determining whether it is designed and complied with to provide reasonable assurance of performing and reporting in conformity with professional standards, including Statements on Quality Management Standards.
- Engagement reviews are required for firms that perform services under Statement on Standards for Accounting and Review (SSARS) or SSAE that do not require a system review. Firms that only perform preparation engagements under SSARS may be exempt. These reviews focus on work performed on selected engagements.
How you benefit
Insights beyond compliance
We provide feedback that goes deeper than technical requirements, helping your firm elevate quality and performance.
Strengthen quality management
Our reviews assess and enhance your system of quality management, ensuring it meets professional standards.
Practical, educational feedback
Receive actionable recommendations tailored to your firm’s needs, designed to improve processes and reduce risk.
Build confidence with stakeholders
Our thorough, unbiased reviews give clients and regulators assurance that your firm operates at the highest level.
Your dedicated specialist
Our peer review professional is more than an auditor, he’s a trusted advisor. With deep industry knowledge and a consultative style, Brian helps you identify opportunities, mitigate risk and keep your firm ahead of the curve.
Ready to plan for the future?
Contact Honkamp today to schedule your peer review and turn compliance into a competitive advantage.