The Mance Leahy Group announced today that it successfully
completed a rigorous peer review of its accounting and auditing
practice. The reviewers concluded 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.
The Mance Leahy Group 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.
Peer reviews are performed by licensed CPAs who are selected from among the members of the AICPA. These reviews determine whether a public accounting firm has suitable quality control policies and procedures and is complying with them.
The Mance Leahy Group serves businesses, individuals, municipalities, school districts, charter schools, insurance trusts, and nonprofit organizations throughout the Metro St. Louis area. The firm provides a full range of audit, accounting, tax, consulting services, risk management, and internal/management audits.
The AICPA is the national professional organization of CPAs with more than 300,000 members in public practice, industry, government and education. AICPA members are committed to the highest standards of quality, independence and ethics in their practice. In its continuing efforts to serve the public interest, the organization sets audit standards, upholds the profession's code of conduct, provides continuing professional education, administers peer review programs, and prepares and grades the Uniform CPA Examination.