Sample paragraph to be added to engagement letters or proposals

We participate in the AICPA Peer Review Program, one of the AICPA-approved practice-monitoring programs. As such, our practice is subjected to a peer review once every three years. We have had (our initial) (or number) review(s) since joining the program and have received an unqualified report. This means that our firm complies with the professional standards for quality control set by the American Institute of Certified Public Accountants.

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