Fuoco Group Receives Peer Review PASS Rating



North Palm Beach, FL (October 29, 2014) — Fuoco Group announced today that it has successfully completed a rigorous peer review of its accounting and auditing practice. The review team 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.

Fuoco Group participates in the AICPA Peer Review Program, a firm participating in this program must have an independent review of its accounting and auditing practice every three years.

“Fuoco Group focuses on providing the highest quality of services to our clients. Our recent Peer Review Report serves to emphasize the firm’s commitment to that goal,” said Director of Quality Control Henry J. Krostich.

The peer review of Fuoco Group was performed by a team of licensed, independent CPAs 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. The review team gave Fuoco Group the highest rating of “pass” on their review, and noted no findings or comments as a result of their work.

The AICPA is the national professional organization of CPAs with more than 330,000 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 program, and prepares and grades the Uniform CPA Examination.



 

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