What Verdica's 642 score means for Charlotte Paras
Charlotte Paras's composite score of 642 out of 850 places this accounting provider in the "elevated risk" band (580–669). This means the provider presents more compliance or credentialing concerns than the accounting industry median, but does not yet cross into the "high risk" category. A score in this range warrants caution and closer due diligence before engagement, particularly for organizations with complex audit or regulatory requirements.
The score reflects a mixed profile. While the PCAOB record is strong at 810 (in the "strong" band), this is significantly offset by a notably low License & Credentials sub-score of 300. This imbalance suggests that although regulatory audit findings have been generally sound, there may be gaps or concerns in how credentials, licensing, or registration requirements are documented or maintained in Colorado. For a business owner or finance decision-maker, this signals the need to independently verify current licensure and certifications before signing an engagement letter.
No independent customer reviews are currently indexed for this entity, which means Verdica's assessment is based solely on regulatory data. This absence of peer feedback limits visibility into day-to-day service quality, responsiveness, or client satisfaction.
How the sub-scores break down
License & Credentials (300 / 850 — high-risk band): This sub-score reflects Colorado state board registration and credential verification. A score this low typically indicates one or more of the following: lapsed or inactive licenses, missing or incomplete credential documentation on file with the state, or unresolved registration requirements. In the accounting industry, this is a primary red flag. Practitioners are required to maintain current CPA licenses, meet continuing education requirements, and register with their state board. A low score here means potential regulatory violations or compliance gaps that could affect the provider's legal standing to perform certain work. Any engagement should include direct confirmation of current license status with the Colorado State Board of Accountancy.
PCAOB Record (810 / 850 — strong band): The Public Company Accounting Oversight Board maintains records of audit quality findings, inspection results, and any enforcement actions against firms and their auditors. A score of 810 indicates a generally sound record with the PCAOB—few or no material findings from recent audits or inspections. This suggests the provider's audit work has met or come close to meeting PCAOB standards. However, this strength does not offset the credential concerns flagged in the other sub-score.
Disciplinary (850 / 850 — excellent): This reflects the absence of disciplinary actions, enforcement proceedings, or sanctions from regulators. A perfect score here means no public record of fines, suspensions, or formal complaints resolved against the entity in Verdica's data sources. This is a positive signal and suggests the provider has not been the subject of recent regulatory enforcement.
What regulators in CO track for accounting providers
Colorado's State Board of Accountancy oversees licensing, credential maintenance, and professional conduct. The board tracks whether practitioners hold active CPAs, meet annual continuing education hours, maintain required insurance, and comply with ethical standards. Verdica indexes registration data from this board to compute the License & Credentials score.
The PCAOB, a federal regulator, conducts inspections of accounting firms and reviews audit work quality. PCAOB findings focus on audit methodology, evidence gathering, and adherence to auditing standards. Firms are rated on compliance areas such as internal controls, documentation, and professional skepticism. Verdica uses PCAOB inspection and enforcement records to populate the PCAOB Record score.
Disciplinary data come from both state and federal enforcement logs—formal actions such as license revocation, suspension, or settled violations.
Bottom line
Charlotte Paras presents a mixed compliance profile: strong regulatory audit findings offset by material concerns in credential or licensing documentation. Before engaging this provider, independently verify current Colorado CPA license status and ensure all required registrations are active and in good standing.