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If my practice consists mainly of tax or consulting work and I perform just one review for someone applying for a contractors license, will I be subject to peer review?

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If my practice consists mainly of tax or consulting work and I perform just one review for someone applying for a contractors license, will I be subject to peer review?

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• Yes, if you perform any attest work including financial statements, compilations, reviews, or audits, even if it’s just one, you will be subject to peer review. • If I have a CPA firm in which I am the only CPA owner and/or employee but I form my firm as a PC with the Secretary of State can I include “& Associate(s),” “Company” or “Group” in the name of my firm? • No, a firm with only one CPA owner and/or employee may not use the terms “& Associate(s),” “Company” or “Group” in the name of the firm. Accountancy law prohibits the use of names that are false or misleading. A firm must have more than one CPA owner or employee to use such terms. Firm names should be approved by the Board prior to registration with the Secretary of State’s Office.

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