{"id":3153,"date":"2009-04-09t11:46:39","date_gmt":"2009-04-09t16:46:39","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=3153"},"modified":"2009-04-09t11:49:20","modified_gmt":"2009-04-09t16:49:20","slug":"help-wanted-new-york-scrambles-for-peer-reviewers-to-handle-new-mandate","status":"publish","type":"post","link":"\/\/www.g005e.com\/2009\/04\/09\/help-wanted-new-york-scrambles-for-peer-reviewers-to-handle-new-mandate\/","title":{"rendered":"help wanted: new york scrambles for peer reviewers to handle new mandate"},"content":{"rendered":"

new madoff-fueled rule to affect 1,200 small cpa firms.<\/strong><\/p>\n

the new accountancy statute takes effect in 2012. but new york is already looking for cpas to handle the new requirement, according to richard stolz, posting at webcpa<\/a><\/a>.<\/p>\n

the number of cpa firms in new york subject to a once-every-three-year peer review would nearly double, from approximately 1,800 to about 3,000. but new york only has about 100 qualified peer reviewers who conduct approximately 600 reviews annually.<\/p>\n

new york joins 45 other states in mandating peer review. with california coming along, that would leave only colorado, delaware, florida and hawaii as holdouts. to be sure, the aicpa has long mandated peer review for membership.<\/p>\n

and, by the way, madoff’s so-called auditor would still be exempt from peer review: the one-person friehling firm is too small.<\/p>\n","protected":false},"excerpt":{"rendered":"

new madoff-fueled rule to affect 1,200 small cpa firms. the new accountancy statute takes effect in 2012. but new york is already looking for cpas to handle the new requirement, according to richard stolz, posting at webcpa. the number of … continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[5],"tags":[1031],"class_list":["post-3153","post","type-post","status-publish","format-standard","hentry","category-outlook","tag-regulation"],"acf":[],"yoast_head":"\nhelp wanted: new york scrambles for peer reviewers to handle new mandate - 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