Peer Reviews

The AICPA bylaws state that if a firm performs services within the scope of the peer review standards and issues reports such as compilation reports, review reports or audit reports in accordance with AICPA professional standards, the firm must participate in an AICPA-approved practice-monitoring program in accordance with peer review standards.  These standards and the Missouri State Board of Accountancy require such firms to have a peer review of their practice-monitoring system every three years.  Our last peer review was completed in 2015 and a copy of the report is posted at the tab About Us.

Terry Bates retired from Bates CPAs December 31, 2015.  During his career at Bates CPAs, Terry performed in excess of four hundred peer reviews for firms up to 10 professionals in size. Our combination of experience in performing reviews, and Terry’s experience serving on the MSCPA Peer Review Acceptance Committee gives us valuable insight into the peer review process and practice monitoring procedures.