Serving Central Texas Since 1967


Peer Review

SEIDEL SCHROEDER SUCCESSFULLY COMPLETES EIGHTH REVIEW BY PEERS

Seidel Schroeder is pleased to announce the successful completion of the seventh independent peer review of their accounting and auditing practices. The purpose of a peer review is to provide outside verification that a CPA firm is in compliance with the stringent quality control standards set by the American Institute of Certified Public Accountants (AICPA). Peer reviews are required for membership in the AICPA Center for Public Company Audit Firms, a self-regulatory organization of CPA firms established to promote quality performance. Seidel Schroeder has been a member of this organization since November 1988.

The peer review was conducted by the firm of Heinold-Banwart, Ltd. located in East Peoria, Illinois under procedures established by the AICPA. They made an independent assessment of the firm's quality control policies and procedures in addition to inspecting working papers and reports. This assessment was based on a representative sampling of bookkeeping and auditing engagements. Also, the firm's administrative files and records were inspected and professional personnel were interviewed. The conclusions reached by Heinold-Banwart, Ltd. were reviewed in detail and approved by a committee of the AICPA.

"We are pleased that our accounting and auditing practice has been recognized by outside reviewers as meeting the most stringent standards established by the AICPA. We have always been proud of the quality work that we do for our clients. We are pleased with the results of this review and look forward to continuing to deliver quality services to our clients."
- Wade F. Seidel, Managing Partner -

PEER REVIEW REPORT