What Verdica's 846 score means for Deloitte & Touche LLP
Deloitte & Touche LLP's composite score of 846 out of 850 places it in Verdica's "excellent" band (800–850), indicating strong regulatory standing across the dimensions that matter most to public entity accounting: licensing, audit quality oversight, and disciplinary history. A score this high reflects consistent compliance with state and federal accounting standards and minimal regulatory friction.
For a reader evaluating this firm, an 846 score suggests low compliance risk relative to the accounting provider market. The firm operates with active credentials and no material disciplinary red flags in the available regulator records. This does not mean the firm is flawless—no organization scores a perfect 850—but it does indicate that regulators and auditing bodies have not identified systemic problems that would trigger enforcement action or license suspension.
The gap between this score (846) and a theoretical perfect score (850) is small enough that it should not alter your assessment. It likely reflects minor findings or administrative items rather than substantive violations. Without indexed customer reviews, this score derives entirely from official regulator data, which is the most objective measure available.
How the sub-scores break down
License & Credentials (850): This perfect sub-score means Deloitte & Touche LLP holds all required registrations with the New York State Board of Accountancy and any other relevant licensing bodies. The firm's staff presumably maintain current CPE (continuing professional education) requirements and individual credentials are in good standing. A score this high is table stakes for any firm serving public entities—failure here would result in immediate practice restrictions.
PCAOB Record (850): The Public Company Accounting Oversight Board, which inspects large accounting firms annually, has found no significant audit quality deficiencies in its examinations of this firm's work. A perfect PCAOB score means the firm's audit procedures, documentation, and professional judgments have not triggered enforcement referrals or required corrective action plans. This is a leading indicator of audit reliability.
Disciplinary (832): This sub-score is the lowest of the three, though still well within the "excellent" range. A score of 832 (versus 850) typically indicates minor or resolved disciplinary matters on the firm's record—perhaps a single settled complaint, a small fine, or a formal caution from a regulator that did not escalate to suspension or license revocation. In a large, multi-state firm, some level of historical disciplinary activity is common and expected; what matters is whether it is resolved and not recurring.
What regulators in NY track for accounting providers
New York and federal regulators monitor accounting firms across three main dimensions:
Licensing and credentials track whether a firm and its principals hold active CPA licenses, maintain required insurance and bonding, and comply with continuing education mandates. State boards can revoke or suspend licenses for felony conviction, gross negligence, or fraud.
PCAOB audit findings evaluate whether firms properly executed audits of public companies. The PCAOB looks for gaps in testing rigor, failure to challenge management estimates, inadequate documentation, or violations of auditing standards. Repeated findings can trigger a "corrective action plan" or, in severe cases, restrictions on the firm's ability to audit certain clients.
Disciplinary records include formal complaints, fines, settlement agreements, and consent orders issued by state boards or federal authorities. These may arise from client complaints, billing disputes, failure to report suspected fraud, or violations of professional ethics rules. A clean disciplinary record does not exist for all large firms, but repeat violations suggest systemic problems.
Bottom line
Deloitte & Touche LLP's 846 score reflects a firm in excellent regulatory standing with no material compliance concerns evident in public records. Before engaging the firm, cross-check that your specific service needs (audit scope, industry expertise, team availability) align with its capabilities and capacity—compliance score alone does not guarantee fit.