What Verdica's 656 score means for David Good
David Good's composite score of 656 places him in the "elevated risk" band (580–669), meaning his profile presents more regulatory concerns than a baseline accounting provider but falls short of the highest-risk category. On Verdica's 0–850 scale, a score in this range suggests that while some dimensions of his practice meet or exceed expectations, others warrant closer examination before engagement.
For a business owner or consumer considering David Good's services, this score signals that additional due diligence is warranted. It does not indicate imminent regulatory action or widespread misconduct; rather, it reflects a mixed compliance picture. The score is driven primarily by a notable gap between his strong PCAOB audit record and a weaker licensing and credentials profile. Readers should use this score as a starting point for conversation, not as a final veto or approval. Independent verification of his current licenses, insurance, and references remains essential before signing an engagement letter.
How the sub-scores break down
License & Credentials (340/850): This sub-score falls into the high-risk range and represents the primary concern in David Good's profile. This dimension measures active licensure status, credential currency, and professional standing with California state boards. A score of 340 suggests gaps—whether unresolved complaints, lapsed credentials, incomplete registrations, or other administrative issues flagged by state licensing bodies. In the accounting field, a weak credentials score often correlates with heightened regulatory attention or unresolved compliance matters at the state level.
PCAOB Record (810/850): This sub-score is strong and sits in the excellent band. The Public Company Accounting Oversight Board tracks audit quality, inspection findings, and compliance with professional standards for firms that audit public companies. A score of 810 indicates that David Good's audit work has held up well under PCAOB scrutiny, with few or no material deficiencies cited in inspection reports or audit findings. This is a meaningful positive signal about the technical quality of audit execution.
Disciplinary (850/850): This is a perfect score, indicating no formal disciplinary actions, sanctions, or enforcement proceedings are indexed in Verdica's dataset. In regulatory terms, a clean disciplinary record means no documented violations substantiated by state or federal authorities, no license suspensions, and no settled complaints involving misconduct. This is a baseline expectation in the accounting profession but worth noting as present here.
What regulators in CA track for accounting providers
California's state accounting board, along with the PCAOB, monitors several dimensions of provider compliance. The state licensing authority tracks whether accountants maintain current CPA or permit licenses, whether they carry required errors-and-omissions insurance, and whether any complaints or enforcement actions have been filed against them. Unresolved complaints, failure to renew licenses, or incomplete disclosures can lower a provider's credentials score.
The PCAOB, a federal agency, conducts triennial inspections of audit firms. Inspectors review selected audit files, test control procedures, and assess compliance with auditing standards and PCAOB rules. Findings—categorized as deficiencies or violations—are reported to firms and, in some cases, disclosed publicly. A strong PCAOB record means inspections have revealed minimal audit quality gaps.
Disciplinary data comes from both state and federal sources: formal complaints adjudicated by state boards, SEC enforcement actions, and PCAOB sanctions. These are high-threshold events; a clean disciplinary record does not mean zero complaints were ever filed, only that none reached formal adjudication or settlement.
Bottom line
David Good presents a mixed compliance profile: excellent audit quality and a clean disciplinary history, but notable gaps in state licensing or credentials standing. Before engaging his services, verify current licenses directly with California's state accounting board, confirm insurance coverage, and request references. His elevated-risk score is not a disqualifier, but it does require active confirmation of his operational and regulatory status.