June 23, 2020
It is a great pleasure to share that Belfint, Lyons & Shuman, P.A. (BLS), a certified public accounting and consulting firm with offices in Delaware and Pennsylvania, received notification that the AICPA National Peer Review Committee has positively accepted their peer review report. The Peer Review report had a peer review rating of “pass,” which is the 13th consecutive “pass” opinion the firm has received. The Peer Review process occurs every 3 years and a “pass” rating is the highest rating possible (firms can receive a rating of pass, pass with deficiency(ies), or fail). The AICPA Peer Review Program is dedicated to enhancing the quality of accounting, auditing, and attestation services performed by AICPA members in public practice through independent evaluations of the firm’s system of quality control. The objectives of a system of quality control are to provide a CPA firm with reasonable assurance that the firm and its personnel comply with professional standards and applicable regulatory and legal requirements, and that the firm or engagement partners issue reports that are appropriate in the circumstances.
Jeffrey A. Elwell, CPA, Director, who heads quality control at BLS, states “Our continued commitment to our core values and quality in the execution of our policies, procedures, and engagement performance are critical to our continued success. I am extremely proud of the BLS team’s commitment to quality of service, which is evident by the consecutive peer review results.“
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About Belfint, Lyons & Shuman, P.A.
Belfint, Lyons & Shuman was founded in 1923 as a small accounting practice whose staff was committed to building long-standing, mutually beneficial relationships with clients and business associates. Today, with over 80 professionals, we have become one of the largest and most respected certified public accounting firms in Delaware while never losing sight of our founding commitments. We have a diverse client base and offer services such as: advisory services, assurance, auditing, tax planning and compliance, small business services, litigation support, employee benefit plan audits, succession planning, business and management consulting, and corporate services for investment holding companies. Visit our website at www.belfint.com.