What Verdica's 792 score means for Corrigan Krause
Corrigan Krause's composite score of 792 places the firm in the "strong" band (740–799), indicating above-average compliance standing relative to other accounting providers. A score in this range reflects a provider that has maintained solid regulatory credentials and has not accumulated significant disciplinary findings on record.
For a business owner or consumer considering this firm, a 792 score signals that Corrigan Krause meets baseline professional standards and demonstrates active compliance with licensing and registration requirements. However, it falls short of the "excellent" threshold (800–850), which means there is room between this firm and top-tier performers. The gap of 58 points from the excellent floor suggests some material finding or pattern that regulators or Verdica's methodology has flagged—most likely in the PCAOB audit record, where the firm scored 705 (see breakdown below).
The takeaway: Corrigan Krause is a credible choice for many accounting needs, but the score is not a blank check. Readers should understand what drove the sub-score variance and decide whether the firm's specific strengths and weaknesses align with their risk tolerance and service needs.
How the sub-scores break down
License & Credentials: 850 (perfect)
This perfect sub-score reflects that Corrigan Krause holds all required state board registrations and professional licenses in Washington without gaps, lapses, or restrictions. In the accounting industry, this dimension verifies that a firm and its principals meet educational, experience, and renewal requirements set by state regulators. A 850 here means no red flags on that front.
PCAOB Record: 705 (acceptable-to-strong range, but the weak link)
This score is noticeably lower than the licensing score and is the primary driver of the firm's composite score falling into "strong" rather than "excellent." The PCAOB (Public Company Accounting Oversight Board) inspects firms that audit public companies and issues detailed audit quality findings. A 705 typically reflects one or more findings in areas such as audit planning deficiencies, insufficient documentation, inadequate testing of material accounts, or control gaps. These findings do not necessarily mean the firm committed fraud or negligence, but they do indicate the PCAOB identified room for improvement in audit execution or quality control processes.
Disciplinary: 850 (perfect)
A perfect disciplinary score means Corrigan Krause has no record of formal sanctions, suspensions, or enforcement actions by Washington state or federal regulators. The firm has not faced censure, fines, or loss of licenses tied to misconduct or violations. This is a clean record on the enforcement side.
What regulators in WA track for accounting providers
Washington State's Board of Accountancy and the PCAOB operate complementary oversight systems:
State Board Registration focuses on initial and ongoing licensure: firm formation, continuing education, partner credentials, and compliance with state ethics rules. Violations can include practicing without a license, misrepresenting qualifications, or failing renewal requirements. Verdica uses this data to verify basic legitimacy and active standing.
PCAOB Audit Findings apply only to firms that audit public companies. The PCAOB conducts triennial (or more frequent) inspections and publishes reports identifying deficiencies in audit quality. Common findings include insufficient audit evidence, inadequate risk assessment, weak controls testing, or failure to follow auditing standards. A firm with findings is not automatically barred from practice; instead, findings become part of the public record and drive remediation requirements. Scores in this dimension reflect both the frequency and severity of such findings.
Together, these data sources create a two-lens view: state boards ensure baseline competence; PCAOB inspections measure real-world audit quality for public company audits.
Bottom line
Corrigan Krause is a strong, established accounting provider in Washington with clean licensing and disciplinary records. The 792 score reflects some audit quality observations flagged by the PCAOB that prevented an "excellent" rating. If your audit needs involve a public company or complex financial statements, ask the firm directly how it has addressed the PCAOB findings and what quality improvements are in place. For simpler engagements, the firm's credentials are solid.