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FOR IMMEDIATE RELEASE

Lohman Company, PLLC Announces Successful Peer Review

June 30, 2003 -- Lohman Company, PLLC is pleased to announce the successful completion of an independent peer review of our accounting and auditing practice.  Our firm received an unmodified report without a letter of comments which is the best report attainable.  This review was undertaken as a condition of membership in the American Institute of Certified Public Accountants (AICPA), the national organization of CPAs in public practice, industry, government, and education.  Lohman Company, PLLC is committed to periodic peer reviews to foster quality performance. 

In 1988, the members of the AICPA overwhelmingly approved a proposal to require members in public practice to participate in a practice-monitoring program.  With the adoption of this proposal, the AICPA implemented a peer review program of unprecedented scope in the CPA profession or any other.  Our participation in peer review demonstrates our firm’s desire to measure up to the profession’s high standards of professionalism and our commitment to maintaining and improving the quality of our practice. 

Our peer review was conducted by a CPA firm which meets certain requirements established by the AICPA Peer Review Board.  The reviewer first determined that we have an adequate quality control system, and then checked to see that professional standards were followed in a representative sample of our accounting and auditing engagements.  After thorough study of our policies and procedures, the reviewer concluded our firm complies with the stringent quality control standards established by the AICPA.   

Bankers, bonding agents, investors, suppliers, legal advisors and others use the financial statements our firm audits, reviews, or compiles.  We think those people, our clients, and our own staff deserve independent quality assurance that our firm provides quality services.  We are proud of our peer review results and would be happy to answer any questions you might have.  


For More Information Contact:

Lohman Company, PLLC
Stapley Center
1630 South Stapley Drive, Suite 108
Mesa, AZ  85204

Phone:   (480) 355-1100
Fax:       (480) 355-1130
Internet: info@lohmancompany.com