Timothy F. Cibulka, CPA, CFE, Managing Partner of Legacy Professionals LLP, announced today that Legacy Professionals LLP has successfully completed a peer review of its accounting and auditing practice. The reviewer concluded that the Firm complies with the stringent quality control standards set by the American Institute of Certified Public Accountants (AICPA), the national professional organization of CPAs.
Legacy Professionals participates in the AICPA 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 Illinois CPA Society following standards issued by the AICPA.
The peer review of Legacy Professionals LLP was performed by an independent CPA firm who qualified under the program’s requirements for service as a reviewer. The objective of the peer review is to determine whether a CPA firm has suitable quality control policies and procedures and is complying with them. Engagements selected for review included engagements performed under Government Auditing Standards and audits of employee benefit plans. The Firms peer review rating of pass indicates that Legacy Professionals LLP meets the accounting profession’s high standards of quality and professionalism. Click here to view a copy of the report.