28 Apr 2011
- Written by Tri-State Defender Newsroom
“To receive this type of report, without any comments, is a milestone achievement for a public accounting firm. It is a testimony to the commitment and dedication of our partners and staff to fulfilling the expectations of the public of our firm to produce quality audits,” he said.
The PCAOB was established as the result of the Sarbanes-Oxley Act of 2002. The Act authorized the PCAOB to establish auditing and related attestation, quality control, ethics, and independence standards to be used by registered public accounting firms in the preparation and issuance of audit reports for entities subject to the Act or the rules of the Securities and Exchange Commission (SEC).
Banks, Finley, White & Co. was founded in 1973 and is a regional firm with offices in Birmingham, Ala. (home office); Atlanta; Jackson, Miss.; and Memphis. It is one of the largest minority-owned CPA firms in the country and among the top 25 percent of all CPA firms in America. White said,
“We, here at Banks, Finley, White & Co. are extremely proud of our record of providing quality services to our clients and the public,” said White. “We have received the highest possible grade on all reviews of our practice operations, which include peer reviews and now this PCAOB, Report of Inspection.”