Peer Review Forms and Fees

Forms

Non-AICPA Enrollment form (PDF)
AICPA Enrollment form (PDF)
All firms in public accounting need to be enrolled in the peer review program. Firms that perform attest and/or compilation engagements should enroll immediately. A firm's initial peer review is due 18 months after the year end of their first reviewable engagement.

Change in Firm Structure form (PDF)
Firms that have dissolved, merged, been purchased or sold, or changed their name need to fill out this form.

Scheduling form (PDF)
Firms enrolled in the peer review program will be mailed this form 6-9 months prior to their peer review due date. If you have misplaced your copy, complete this form and mail it back. Please contact the MNCPA if you have a question regarding your firm's due date.

Mail all forms to:
MNCPA Peer Review Program
1650 W. 82nd. St. Ste. 600
Bloomington, MN 55431


Fees

Peer Review enrollment fees are billed to all firms enrolled in the peer review program who undergo a peer review. If a firm is in public accounting but does not perform attest and/or compiliation engagements, no fee is required. The Peer Review Program is a self-supporting program.

The evaluation fee is billed once every three years at the conclusion of the review.

Enrollment fee
(billed annually in June)
Evaluation fees**
(billed at conclusion of review)

Sole practitioner:  $50

2-5 professionals*:  $100

6-10 professionals*:  $190

Over 10 professionals*:  $365 

Engagement review:  $215

System review:  $280

*Professional is defined as any staff member who spends at least 10% of their time performing services leading to the issuance of financial statements.

**Nonmember firms are charged a $125 nonmember fee at the time of evaluation. This is in addition to the enrollment and evaluation fees.


Comments? Questions?

Contact Jill McGuire, Peer Review Coordinator, at 952-885-5542, 1-800-331-4288 or by email with any questions.

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