ASCPA Peer Review Administrative Fee Structure (Effective 04/01/08)

On May 15, 1999, the ASCPA Peer Review Committee adopted a policy which states that "a firm shall be current on all assessment and scheduling fees prior to its peer review being presented to the Committee for report acceptance."

REGARDING UNPAID ADMINISTRATIVE FEES: The ASCPA Peer Review Committee has a policy which states that, "PEER REVIEW ACCEPTANCE LETTERS WILL NOT BE ISSUED UNTIL ALL RELATED ADMINISTRATIVE FEES INCURRED PRIOR TO COMMITTEE ACCEPTANCE, INCLUDING LATE FEES, ARE PAID IN FULL."

ANNUAL ASSESSMENT

Fees for administering the AICPA Peer Review Program are assessed annually on September 1 to all enrolled firms as follows:

SOCIETY MEMBERS

• Sole practitioner with no professional staff:
  $200.00 + $25.00 per professional (applies to sole practitioners)
  Example:  $225.00

• Firms with two or more professionals:
  $200.00 + $20.00 per professional
  Example:  $280.00 (firm with four professionals)

NON-SOCIETY MEMBERS

• Sole practitioner with no professional staff:
  $250.00 + $25.00 per professional (applies to sole practitioners)
  Example: $270.00

• Firms with two or more professionals:
  $250.00 + $25.00 per professional
  Example $350.00 (firm with four professionals)

TRIENNIAL ADMINISTRATIVE FEES

SYSTEM REVIEWS (WITH AUDITS)

Sole Practitioner, no Professional staff - Scheduling $ 100 / Evaluation $125
Two to ten Professionals - Scheduling $ 100 / Evaluation $ 150
Over ten Professionals - Scheduling $ 100 / Evaluation $175

ENGAGEMENT AND REPORT REVIEWS (NO AUDITS)

Sole practitioner, no Professional staff - Scheduling $ 100 / Evaluation $ 100
Two to ten Professionals - Scheduling $ 100 / Evaluation $ 100
Over ten Professionals - Scheduling $ 100 / Evaluation $ 100

Scheduling fees are billed once the review team is approved and the scheduling process is complete. Evaluation fees are billed after the completed review has been presented to the Peer Review Committee for acceptance.

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Last modified: April 25, 2008