Peer Review Fees

All fees are effective as of January 1, 2018.


Annual Administrative Fees

Each year, participating firms and sole practitioners are billed an annual administrative fee to cover expenses such as office supplies, postage, miscellaneous program expenses and Peer Review staff salaries. For MICPA member firms, this fee is calculated at $125 for the first professional in the firm and $100 per additional professional in the firm, to a maximum of 20 professionals or $2,025. Non-MICPA member firms will be billed $250 for the first professional in the firm and $200 for each additional professional in the firm, to a maximum of 20 professionals or $4,050. 

Issuance Fee

MICPA member firms will be billed an issuance fee of $325 in the year of the firm’s peer review (every three years).  Non-member firms will be billed $650.  This fee covers technical reviewer expenses and necessary activities related to final committee review acceptance.

Firm on Firm Fee

In the year of a firm’s or sole practitioner’s review, firms are required to have a peer review (either System Review or Engagement Review). System Reviews are generally performed at the reviewed firm’s office. Engagement Reviews may be performed off-site. The reviewed firm must engage a qualified firm to perform the review, with fees that are negotiated exclusively between the two firms and will vary depending on the size and nature of the firm’s accounting and auditing practice. For example, a firm whose practice is 70% accounting and auditing and 30% tax may pay more than a firm with a lighter percentage of accounting and auditing. Moreover, a firm with audits in various specialized or high-risk industries may pay more than a firm that performs audits primarily in one industry or in non-specialized areas. Likewise, firms that do not perform audits will pay considerably less than firms performing audits due to the higher complexity of the audit practice. Fees for Firm on Firm reviews are not determined by or shared with the MICPA.

Reinstatement Fee

Peer Review program rules and State of Michigan licensing requirements state that firms and sole practitioners performing audits, reviews and/or compilations relied upon by third parties must be enrolled in a Peer Review Program. MICPA member firms whose enrollment has been terminated for non-compliance or who resigned inappropriately may be billed a reinstatement fee for re-enrollment in the program.  The reinstatement fee for MICPA member firms is $200, plus any outstanding annual administrative fees unpaid during the time the firm was not enrolled in the program. Non-member firms will be billed $400 plus any outstanding annual administrative fees unpaid during the time the firm was not enrolled in the program.


Email the MICPA Peer Review Department

Or Call Us

David Pickering
Peer Review Senior Manager
248.267.3751

Karen Guerra
Peer Review Specialist
248.267.3718