Peer Reviews
Peer Review Objectives
Peer reviews are intended to maintain and improve the quality of the accounting, auditing and attestation services performed by CPAs in public practice. As one of the largest regional CPA firms in the Upper Midwest with over 30 years of experience providing peer review services, Olsen Thielen has the depth of knowledge to understand your firm’s practice areas.
Commitment To Quality
In addition to the formal peer review process, our Peer Review Service Team will provide your firm an independent perspective on the effectiveness and efficiency of your firm’s policies and procedures. We conduct all our reviews with a commitment to technical expertise, quality and providing practical recommendations. Our objective is to help you improve your audit and accounting practice in terms of quality and efficiency.
Our Process
A successful peer review depends greatly on a firm’s commitment to quality and compliance with professional standards. We approach the issues you face from a professional, technical, and economic standpoint, with the goal of bringing value to the process. We will identify potential weaknesses in your system while offering recommendations and best practices. Our objective is to help you improve your audit and accounting practice in terms of quality and efficiency.
Our client base is diverse, and our staff have significant experience in the following:
- Single audits
- Government Auditing Standards
- HUD programs
- Telecommunications companies
- Manufacturing
- Rural Utilities Service Borrowers
- Employee benefit plans (all types)
- Not-for-profit organizations
- Utilities
- Venture capital
- Investment companies
- Technology service companies
- Government
- Mortgage banking
- Construction companies
- Yellow Book
- Service organizations (SOC)
- PCAOB auditing standards
- Property and casualty insurance
Contact a Specialist
If your firm could benefit from a more efficient and affordable peer review process, look to Olsen Thielen. Our Peer Review Service Team has significant experience conducting peer reviews in accordance with the standards established by the Peer Review Board of the American Institute of Certified Public Accountants (AICPA). We conduct all our reviews with a commitment to technical expertise, quality, and providing practical recommendations.
To learn more, contact one of our peer review team captains: