Changes Coming to Peer Review Administration in Washington
For more than 25 years Julie Phipps has administered the Peer Review Program for Washington CPA firms on behalf of the American Institute of CPAs (AICPA). Julie plans to retire in May 2023, and the WSCPA has made the decision to outsource the administration of the Peer Review Program to the Colorado Society of CPAs (COCPA) starting May 1, 2023.
Following several discussions with the WSCPA Peer Review Committees and staff, and after evaluating the many challenges the organization would face in order to continue administering the program, the WSCPA determined that this is the right time to outsource the administration of the program. “It was not any easy decision, “said Hayden Williams, CPA, “but COCPA administers an outstanding program and will serve Washington firms very well.”
During the next year, the WSCPA will communicate directly with all Washington firms enrolled in the Peer Review Program and provide details regarding the transition. At this time, there is no impact on firms or peer reviews scheduled for the next 12 months.
Source: Washington Society of CPAs