2024 Peer Review Firm Terminations

Effective – January 2024

Failure to complete a corrective action:

The AICPA Peer Review Program terminated the following firms’ enrollment in the AICPA Peer Review Program for failure to cooperate. The firms did not complete corrective actions or implementation plans designed to remediate deficiencies identified in the firm’s most recent peer review.

  • Jack & Company – Draper, UT
  • Jim Lavender & Company – Germantown, TX
  • Michael Arthur Petersen, CPA LLC – El Paso, TX

Effective – February 2024

None

Effective – March 2024

Consecutive non-pass reports in system reviews:

The AICPA Peer Review Program terminated the following firm’s enrollment in the AICPA Peer Review Program for failure to comply with the requirements of the program by failing to design a system of quality control, and/or sufficiently complying with such a system, that would provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects, such that the firm received consecutive pass with deficiency or fail reports.

  • Cornelius, Schou & Leone, LLC – Jacksonville, FL