Why Use Thomas & Reed, LLC?


Independence and integrity are cornerstones of the public accounting profession, and accordingly, members of the profession are precluded from expressing an opinion on financial statements unless they and their firm are independent with respect to those financial statements.  The Code of Professional Conduct of the American Institute of Certified Public Accountants sets forth definitive guidelines for its members in maintaining independence. T&R closely monitors the independence of its professionals through reporting programs and client databases. We adhere to all generally accepted auditing standards as well as generally accepted government auditing standards as promulgated by the Government Accounting Standards Board.  We also follow all AICPA independence rules and interpretations.  Accordingly, all Members participating in any portion of the engagement must adhere to additional restrictions.  We are confident that these policies and procedures will ensure independence, maintain confidentiality and prevent the development of relationships that could be considered a conflict of interest. 

Client Service Team

Our team of professionals has the knowledge and experience to match the needs of your organization.  We provide a “hands-on” approach during and after each engagement with emphasis on providing “value-added” services to our clients.  We also believe that your organization will be best served when our most experienced personnel are actively involved with your entity.  Our Firm requires each staff accountant and members to obtain the required number of Continuing Professional Education (CPE) credits for the areas in which they specialize.

All clients are important to T&R regardless of interpersonal & people skills, size or industry.  Clients are not just “dollars and cents” to us, but are treated like family.

Peer Review

The AICPA Peer Review Program is designed to enhance the quality of accounting, auditing and attestation services performed by Indiana CPAs and AICPA members nationwide in public practice. Thomas & Reed, LLC is dedicated to enhancing the quality of its accounting, auditing and attestation services. There are many factors involved in selecting a CPA to perform an overhead audit. The CPA must follow AICPA Professional Standards and must obtain sufficient, appropriate accounting and audit evidence to support the opinions issued by the firm. The following list, although not comprehensive, provides some factors for consideration when selecting a CPA firm.

The CPA firm should:

  • Meet all professional requirements, including requirements for adequate continuing professional education (CPE) in governmental auditing.

  • Have received favorable peer review reports (See PDF Attached to this link).

  • Be well versed in applicable accounting standards, related laws and regulations (e.g., the Internal Revenue Code, the Federal Travel Regulation, GAGAS, GAAP, GAAS, etc).

  • Have adequate experience in the profession and applying the applicable standards while being knowledgeable in common operating practices, trends, and risk factors.

  • Assign direct supervisory staff engagements that have adequate work experience and training.

Peer Review Document Link

T&R meets all the before mentioned qualifications and this is why your organization should select Thomas & Reed, LLC for your accounting and auditing needs.



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managed by C.R. Group.