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| PTRFB Among the Best |
| 2005 Peer Review Report |
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| Home > Quality Leaders > |
About PCPS Founded in 1977, the Private Companies Practice Section (PCPS), the AICPA Alliance for CPA firms, is an association of over 45,000 CPA practice units that serve private companies. The American Institute of Certified Public Accountants (AICPA) is the national professional organization of CPAs with more than 327,000 individual members. As a condition of membership in PCPS, firms participate in a demanding quality control program that includes a peer review of their accounting and auditing practice every three years, the results of which are available to the public, and can be accessed at aicpa.org. In addition, all firm client service professionals must average 40 hours of continuing professional education every year. PCPS firms also work together to look out for the interests of small and medium-sized businesses. They analyze issues, regulations and technical standards that affect their clients' ability to operate effectively, and make their viewpoints known to the Financial Accounting Standards Board (FASB) and to rule-making bodies within the AICPA, primarily through Technical Issues Committee (TIC). As a member of TIC, our Audit Partner, Kay Filler, is one of 15 partners from firms across the nation that regularly meet with FASB board members and the financial reporting and professional ethics standards-setters of the AICPA to advocate on behalf of private companies and the CPAs that serve them, including submitting comment letters in the standard-setting due process when considered necessary. |
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