Peer Review Fees

Annual Enrollment Fees

As of April 2021

 Professional Staff in the Firm System Reviews Engagement Reviews
 1 Professional $400 $250
 2-5 Professionals $500 $350
 6-10 Professionals $600 $450
 11 - 19 Professionals $700 $550
 20 - 49 Professionals $800 $650
 50 + Professionals $900 $750
Firms enrolled but not required to have a peer review (No A&A firms) $25 $25
Each type of "must select" * industry engagement performed by the firm  $100  
Firms that do not have a partner or owner who is a member of either the AICPA or OSCPA and is eligible $300 $300
PRIMA fee for firms in OSCPA Peer Review Program $80 $80

* "Must select" engagements include those performed under Government Auditing Standards, audits of employee benefit plans, audits performed under FDICIA, audits of depository institutions (with assets of $500 million or greater), examinations of service organizations (SOC 1® and SOC 2® engagements). Audits of broker-dealers are also considered “must select engagements” but are administered by the National Peer Review program.

Firms enrolling in the peer review program will be invoiced pro-rated annual enrollment fees.

Annual enrollment fees are non-refundable.

 

Additional Fees

  • CART scheduling fee is $200.
  • Hourly reviewer fees for CART reviews is $185
  • Reinstatement fee if firm was dropped from program is $500.

Reviewer Fees and Expenses

There are three review formats available to firms:

  1. Committee Appointed Review Team Review (CART) – If your firm is eligible for an engagement review, the arrangements for your firm's review may be made by the OSCPA Peer Review staff. The reviewer's fees and expenses are invoiced by the OSCPA when the review has been accepted by the Report Acceptance Body (RAB). The hourly rate for reviewers is $185 per hour. NOTE: Firms will also be charged an additional $200 CART scheduling fee.
  2. Firm-on-Firm Review (FOF) – Your firm may select a qualified firm to perform its review. If your firm is interested in a FOF review, a Directory of Firms Interested in Performing Reviews is available under the resources on the OSCPA Website.
  3. Association Review – You ask the association to which your firm belongs to assist in forming a review team. That association must be authorized by the Peer Review Board to assist in the formation of such review teams.

If your firm chooses to have a FOF or Association Review, you must provide information on the individuals performing your firm's review during the scheduling process and before starting the review. Your reviewing firm or association will bill your firm directly for any review fees and expenses based on a contract or engagement letter.