Peer Review Fees

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The Alabama Society of CPAs has established fees to cover the costs of administering the peer review program. These fees are among the lowest charged by all state CPA societies, as a service to our members. There are several types of fees involved in the peer review process.

Members of the ASCPA pay an Annual Peer Review Program fee of $25.00 (changes to $35 May 1, 2009 ) for their firm to enter and stay in the peer review program. An additional $5.00 (changes to $10 May 1, 2009 ) will be assessed for each member professional and $50.00 ( for each non-member professional (changes to $75 May 1, 2009 ).

Your Reviewer will charge a fee which varies according to the type of review you require and the amount of financial statement preparation in your practice.

All firms pay an Administrative fee to the ASCPA. The fee for engagement reviews is $150.00 (changes to $200 May 1, 2009), and the fee for system reviews is $200 (changes to $250 May 1, 2009) or 12% of the reviewer's fee before out-of-pocket expenses, whichever is greater, but not to exceed $700.00 (changes to $800 May 1, 2009)

There is a Late processing fee of $25.00 for every late notice that the Alabama Society send out in response to overdue documents.

If your firm is dropped from the ASCPA peer review program for any reason, there is a $250.00 Reinstatement fee.

*All fees are reviewed and approved annually by the Peer Review Committee.