GRANVILLE — Hopkins & Associates CPAs, with offices in Granville, Peru and Princeton, announced it has successfully completed a rigorous peer review of its accounting and auditing practice.
The reviewer concluded that the firm’s system of quality control for the accounting and auditing practice in effect for the year ended June 30, 2013, has been suitably designed and complied with to provide reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects.
Hopkins & Associates CPAs participates in the Peer Review Program, a practice-monitoring program approved by the American Institute of Certified Public Accountants (AICPA), the national professional organization of CPAs. A firm participating in the Peer Review Program 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 Hopkins & Associates CPAs was performed by another independent CPA firm (Cameron, Smith & Co. of Springfield), who qualified under the program’s requirements for service as a reviewer.
Its peer review rating of pass indicates Hopkins & Associates CPAs meet the accounting profession’s high standards of quality and professionalism. If requested, the firm will provide a copy of the report on the results of the review to all interested parties although not required to do so.