We believe in the value of relationships. We view every client relationship like a partnership, and truly believe that our success is a result of your success.
We are committed to providing close, personal attention to our clients. We take pride in giving you the assurance that the personal assistance you receive comes from years of advanced training, technical experience and financial acumen. Our continual investment of time and resources in professional continuing education, state-of-the-art computer technology and extensive business relationships is indicative of our commitment to excellence.
As a CPA firm, we are required to have a Peer Review performed every 3 years. Per Yellow Book requirements, below is our most recent Quality Review Report. The actual letter may be viewed upon request.
Widmer Roel PC
Certified Public Accountants & Business Advisors
SYSTEM REVIEW REPORT
To the Shareholders - - Overmoe & Nelson, Ltd. and the Peer Review Committee of the North Dakota Society of CPA's
We have reviewed the system of quality control for the accounting and auditing practice of Overmoe & Nelson, Ltd. (the firm) in effect for the year ended March 31, 2011. Our peer review was conducted in accordance with the Standards for Performing and Reporting on Peer Reviews established by the Peer Review Board of the American Institute of Certified Public Accountants. The firm is responsible for designing a system of quality control and complying with it to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. Our responsibiity is to express an opinion on the design of the system of quality control and the firm’s compliance therewith based on our review. The nature, scope, limitations of, and the procedures performed in a System Review are described in the standards at www.aicpa.org/prsummary.
As required by the standards, engagements selected for review included an audit of an engagement performed under Government Auditing Standards.
In our opinion, the system of quality control for the accounting and auditing practice of Overmoe & Nelson, Ltd. in effect for the year ended March 31, 2011 has been suitably designed and complied with to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. Firms can receive a rating of pass, pass with deficiency (ies) or fail. Overmoe & Nelson, Ltd. has received a peer review rating of pass.
Widmer Roel PC
Fargo, ND
September 8, 2011