Peer Review Fee Schedule
Effective May 1, 2025
Firms enrolling in the peer review program will be charged a $350 enrollment fee.
Firms that re-enroll after resigning or being dropped/terminated from the peer review program will be charged a reinstatement fee (in addition to all unpaid fees from missed years).
$450 reinstatement fee – Dropped
$500 reinstatement fee – Terminated
Annual Administrative Fee
The annual fee covers all necessary administrative procedures performed by the PICPA. The Peer Review Committee created this fee to avoid a large administrative charge during the peer review year. The PICPA fiscal year runs from May 1 to April 30.
Please note: Firms will incur a $100 late fee if payment is not received by the due date indicated on the invoice.
| Engagement Reviews | ||
| # of Personnel* | Annual Firm Fee | Billing Class** |
| 1 | $395 | A or A-NY |
| 2-5 | $571 | B or B-NY |
| 6-10 | $815 | C or C-NY |
| 11-19 | $1,002 | D or D-NY |
| 20+ | $1,175 | E or E-NY |
| System Reviews | ||
| # of Personnel* | Annual Firm Fee | Billing Class** |
| 1 | $539 | F or F-NY |
| 2-5 | $694 | G or G-NY |
| 6-10 | $969 | H or H-NY |
| 11-19 | $1,292 | I or I-NY |
| 20+ | $1,666 | J or J-NY |
| No Accounting & Auditing Firms*** | ||
| # of Personnel* | Annual Firm Fee | Billing Class** |
| All Ranges | $220 | Z or Z-NY |
High-Risk Engagement Surcharge
Yellowbook (no single audit) Surcharge: $150Single Audit Surcharge: $500
ERISA Surcharge: $450
The surcharges are the result of increased regulatory oversight of high-risk industries related to the peer review program. The surcharges will only be added to your annual fee in the year of your firm’s peer review.
Additional Fees
There is no separate scheduling or evaluation fee in the year of a firm's peer review other than the fees noted here:
- Replacement review fee: $400
- On-site oversight coordination fee: $500
*Total number of personnel in a firm that provides accounting and auditing services.
Personnel refers to all individuals who perform professional services for which the firm is responsible, whether or not they are CPAs, as defined per Statement on Quality Control Standards (SQCS) No. 8, A Firm’s System of Quality Control. This includes leased and per diem staff who are performing audits, reviews, compilations, or other attest engagements or personnel who have partner- or manager-level responsibility for the overall supervision or review of such engagements, and excludes administrative/operational support personnel.
**Billing class reflects the number of personnel indicated by firms on its peer review enrollment/peer review information. The billing class can be found on the annual administrative invoice.
***Refers to enrolled firms that are not currently performing attest services that require peer review.
How to Pay Peer Review Fees
Online
Visit www.picpa.org/prpayments. Login is required.
Mail
Mail copy of invoice and
payment to:
PICPA - Peer Review
PO Box 4157
Lancaster, PA 17604-4157
Phone
Call the PICPA at (215) 496-9272.
Contact Peer Review
Please send an email to peerreview@picpa.org indicating the name of the firm, your phone number or email address, and a brief description of the nature of your issue.
You can reach us by phone at (267) 675-6250. We will respond to voicemails within one business day.
