Adelfia LLC Has Successfully Completed and Passed Its Peer Review
Chicago, Illinois, September 27, 2018 Adelfia LLC announced today that it has successfully completed a rigorous peer review of its accounting and auditing practice. The reviewer concluded that the firm’s system of quality control for the accounting and auditing practice in effect for the year ended December 31, 2017, has been suitably designed and complied with to provide reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects.
Adelfia LLC participates in the Peer Review Program, a practice-monitoring program approved by the American Institute of Certified Public Accountants (AICPA), the national professional organization of CPAs. A firm participating in the Peer Review Program must have an independent review of its accounting and auditing practice every three years. The review was conducted under the auspices of the Illinois CPA Society following standards issued by the AICPA.
The peer review of Adelfia LLC was performed by Mueller & Co., LLC, another independent CPA firm, who qualified under the program’s requirements for service as a reviewer. Its peer review rating of pass indicates Adelfia LLC meets the accounting profession’s high standards of quality and professionalism. A copy of the report on the results of the peer review is available in the company’s webpage at www.adelfiacpas.com.
Adelfia LLC provides assurance, accounting, tax, information technology review/audit and other services across industry-specialized practices: public sector/government, home health agencies, benefit plans, not-for-profit, colleges and universities, private companies, and small businesses located throughout the Chicago area, State of Illinois, and other States.
The American Institute of Certified Public Accountants (www.aicpa.org) is the national, professional association of CPAs, with more than 400,000 members in business and industry, public practice, government, education, student affiliates, and international associates.
It sets ethical standards for the profession and U.S. auditing standards for audits of private companies, non-profit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination. The AICPA maintains offices in New York, Washington, D. C., Durham, N.C., Ewing, N.J., and Lewisville, Tex. Media representatives are invited to visit the AICPA Online Media Center at www.aicpa.org/mediacenter.
- Contact: STELLA MARIE SANTOS - (312) 240-9500