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The main purpose of the Institute's practice inspection program is to assure the public that all members
engaged in the practice of public accounting are maintaining an appropriate level of professional standards.
All practitioners of public accounting, whether full-time or part-time, are subject to practice inspection
approximately every three to four years. This highlights the Institute's firm commitment to maintaining high
professional standards in the public interest.
The Institute's Practice Inspection Committee consists of a Chairperson appointed by the Board for a maximum
term of two years and at least three other member, who are not members of the Board. The committee
determines, on an annual basis, which offices are scheduled for inspection with new firms being subject to
inspection in the first twelve months of operation. File selection for review by committee-approved
inspectors, who are also members of the Institute, will be representative of a firm's overall practice.
All inspections require evidence of proper documentation and adherence to professional standards by the
practicing firm and written recommendations and conclusions by the inspector. Confidentiality ensures the
integrity of the review process by the Practice Inspection Committee.
If a member or firm fails to meet the standards of inspection or re-inspection, the Practice Inspection
Committee has the authority to recommend, where appropriate, specific sanctions or refer the matter to the
Professional Conduct Committee.
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