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Enhancing the quality of accounting, auditing, and attestation services.
COCPA administers the Peer Review program for all CPA firms in Colorado and New Mexico. Peer Review (also known as practice monitoring) has been the cornerstone of the accounting profession’s self-regulatory function since 1977. The program helps to ensure that CPAs and CPA firms provide high-quality services to their clients.
Key resources to help you navigate the Peer Review process
Submit this form to notify AICPA of firm or employment changes that may impact your peer review and/or the firm’s enrollment in peer review.
| Organization Type | Associated Cost |
| Sole practitioners | $450 |
| Firms with 2-5 professionals | $555 |
| Firms with 6-10 professionals | $675 |
| Firms with 11-20 professionals | $900 |
| Firms with 21 or more professionals | $1,000 |
A $500 reinstatement fee will be charged to firms that have been dropped for peer review noncompliance. An additional $500 fee for technical evaluation may be charged to firms referred for non-compliance by the U.S. Department of Labor and the U.S. Department of Health and Human Services.
If you hold an active Colorado or New Mexico license and issue attest and/or compilation or review engagements, you must undergo a peer review at least once every three years. Upon renewal of an active certificate or registration, all certificate holders and registrants, except those exempt from peer review, must have undergone a peer review within the previous three years.
For more information, please refer to the Colorado State Board of Accountancy Peer Review rules Sec 1.11 Peer Review Requirement.
For more information on the New Mexico State Board of Accountancy Peer Review rules, Administrative Code-Peer Review 16.60.4.10, click here.
2022 Annual Report on Peer Review Activities
The CPA profession relies on Peer Reviewers to monitor the quality of accounting and auditing services provided by firms. COCPA seeks qualified applicants to perform firm reviews.
To learn more about Peer Review, contact one of our COCPA Peer Review Team Members
(303) 800-9190 or peerreview@cocpa.org.
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Peer Review Coordinator
Ask her what she loves, besides her family, and Jill is quick to answer enthusiastically, “My job!” As COCPA’s Peer Review Coordinator, she works with CPAs, firms, and reviewers to comply with the Colorado State Board of Accountancy’s mandatory peer review requirements, fulfilled through the AICPA Peer Review Program. A veteran staff member, Jill also provides backup support for her Member Service colleagues and is our office-wide burst of sunshine, even on cloudy days. Her biography would be titled, The Bio-Epic of Jill Turner. Her best vacation ever: that trip to Hawaii where she went snorkeling. “It was amazing!”
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Member Services Representative and Peer Review Coordinator
Sheila joined the COCPA in 2019 to “help with special projects.” Since then, her experience in operations support and customer service have been instrumental. Whether it is ensuring that CPE courses are available for our members, helping out in Peer Review, or countless special projects, Sheila has excelled and has quickly become an essential member of the team. Sheila’s time off often consists of her favorite activities: cooking, and BBQs with family and friends.