Michele M. Stanton has over 25 years experience in accounting, auditing, consulting, litigation support, and
forensic accounting. During her career, she has worked in both the public and private sectors, in a regulatory
environment, and with the standard setting body of the auditing profession.
PCAOB services include engagement quality (concurring) reviews for interim and annual audited filings, quality control reviews prior to PCAOB inspection of audit workpapers, assistance with PCAOB inspections, responses to PCAOB inspections, and assistance with improvement in PCAOB inspection results and quality control. I also provide consultations related to technical GAAP, GAAS, or PCAOB issues. I provide the technical support and expertise to smaller CPA firms that a large firm has in house with the same level of quality and expertise. I can also provide services to your SEC clients such as consultation on technical GAAP and SEC issues. However, if that service is provided to clients, I cannot provide concurring review services to the audit firm because of independence issues. Read More…
I provide technical GAAP and GAAS assistance to CPA firms for nonpublic audits and other services. While I do not provide peer reviews, I assist CPAs in preparing for and responding to peer reviews.
Generally, this consultation work can be handled via phone or internet. On sige concultation may be preferred to certain services. Often, a conultation during on site peer review of workpapers can obviate comments. CPA firms have also requested meetings with their client to assist with highly technical or contentious issues.
I recommend taht peer review issues be addressed several months before thhe peer review of workpapers to make sure all issues are addressed early. Often clients have requested a quality review before the end of the audit for those engagement in which they anticipate problems. Read More…