What Verdica's 827 score means for Eric Morrissette
Eric Morrissette's composite score of 827 out of 850 places him in Verdica's "excellent" band (800–850), indicating strong performance across regulatory compliance dimensions tracked by the Public Company Accounting Oversight Board (PCAOB) and Colorado state licensing authorities. This score reflects a track record without significant disciplinary actions, valid credentials, and clean audit findings data.
For a business owner or audit committee evaluating accounting providers, a score at this level suggests low regulatory risk. The accounting provider has demonstrated compliance with federal oversight standards and maintains standing with state authorities. However, it's important to note that Verdica's scoring reflects backward-looking regulatory data; an excellent score indicates historical compliance rather than a guarantee of future performance or service quality. The score should be one factor in your evaluation, alongside direct references, service agreements, and your specific accounting needs.
How the sub-scores break down
License & Credentials (830/850): This sub-score measures whether Eric Morrissette holds current, valid licenses and professional certifications required to practice accounting in Colorado. A score of 830 indicates that all required credentials are in good standing. Minor gaps in this dimension—which would pull the score slightly lower—typically stem from lapses in continuing education documentation, credential renewals in process, or inactive licenses for specific service lines. A score of 830 suggests these are not present.
PCAOB Record (810/850): The PCAOB maintains inspection and audit findings on registered accounting firms and their personnel. This sub-score reflects the outcomes of those inspections and any quality-control observations or deficiencies noted in audit work. A score of 810 indicates no serious audit quality failures in the PCAOB's indexed findings. Lower scores in this dimension typically correlate with findings of non-compliance with auditing standards, control failures, or repeated quality issues across multiple audits. The 810 score suggests Eric Morrissette's audit work has met regulatory standards.
Disciplinary (850/850): This is a perfect sub-score, indicating no disciplinary actions, complaints, or sanctions recorded by Colorado state boards or federal regulators. Disciplinary records track substantiated violations of accounting standards, ethics rules, or state licensing laws. A score of 850 means this dimension carries no identified risk factors.
What regulators in CO track for accounting providers
Colorado's state board and the PCAOB maintain complementary oversight. The state board enforces licensing requirements, continuing professional education (CPE) mandates, and standards of professional conduct for CPAs and other accounting professionals. Violations might include misrepresentation of credentials, failure to maintain required insurance, or breaches of client confidentiality.
The PCAOB, a federal regulator created under the Sarbanes-Oxley Act, inspects accounting firms that audit public companies. PCAOB inspections assess whether firms comply with auditing standards, maintain quality controls, and properly document their work. Common findings categories include inadequate evidence gathering, insufficient testing procedures, and deficiencies in engagement quality reviews. The PCAOB can also impose sanctions for repeated violations.
Verdica's scoring methodology draws from these two regulatory streams: it flags licensing lapses or disciplinary actions from state records, and it flags audit quality findings from PCAOB inspection reports. Movement in these scores reflects changes in regulatory status or new findings—they are not static.
Bottom line
Eric Morrissette's 827 score signals low regulatory risk and strong compliance standing based on current Colorado state licensing and PCAOB audit data. Before engaging, verify that his service offerings align with your needs, check client references independently, and confirm his insurance and engagement terms in writing. An excellent Verdica score is a positive indicator but should be paired with direct due diligence.