What Verdica's 656 score means for Patricia Reichman
Patricia Reichman's composite score of 656 out of 850 places her in the "elevated risk" band (580–669), which signals that while basic compliance infrastructure appears to be in place, there are meaningful gaps that warrant attention. A score in this range indicates the provider meets minimum regulatory thresholds but carries higher uncertainty than providers scoring 670 or above.
For a business owner or consumer evaluating this provider, a 656 score suggests proceeding with caution and conducting additional due diligence before engagement. This is not a disqualifying score—it does not indicate active enforcement action or license suspension—but it does mean you should ask specific questions about audit findings, verify current licensing status independently, and potentially request references from recent clients. The score reflects a mixed regulatory profile: strong PCAOB audit history but meaningful gaps in credential verification or background standing.
How the sub-scores break down
License & Credentials (340 / 850): This is the primary drag on Patricia Reichman's overall score. A sub-score of 340 indicates significant concerns in the licensing or credential dimension—either missing certifications, lapses in required registrations, or unresolved background issues tracked by Colorado's state accounting board. In the accounting industry, this metric validates that a provider holds active CPA licensure, maintains required continuing education credits, and has no pending administrative actions at the state level. A low score here suggests at least one of these elements is questionable and should be clarified directly with the state board or the provider.
PCAOB Record (810 / 850): This strong sub-score reflects Patricia Reichman's audit history as tracked by the Public Company Accounting Oversight Board. A score of 810 indicates few or no material deficiencies in PCAOB inspections. Providers with PCAOB oversight undergo periodic quality audits; high scores mean those inspections found limited control failures, documentation gaps, or technical violations. This is a positive signal and suggests competent audit execution where applicable.
Disciplinary (850 / 850): A perfect disciplinary score means no public sanctions, fines, or enforcement actions on record with relevant state or federal regulators. This is a clean slate—no evidence of malpractice settlements, license suspensions, or regulatory violations in available databases.
What regulators in CO track for accounting providers
Colorado's state accounting board maintains a public registry of CPAs and monitors continuing professional education, fee conduct, and complaint resolution. The board investigates allegations of incompetence, fraud, or violations of professional standards and publishes disciplinary actions.
The PCAOB, a federally chartered non-profit, oversees firms that audit public companies. It conducts inspections every one to three years (more frequently for larger firms) and documents findings related to audit quality, independence violations, documentation deficiencies, and technical accounting errors. PCAOB reports are public and searchable by firm.
These two data streams—state licensing and PCAOB audit outcomes—together create a compliance profile. A low score in one dimension might reflect unresolved licensing questions, while a high PCAOB score suggests the provider's actual audit work meets federal quality standards. Conversely, a perfect disciplinary record combined with credential gaps may simply indicate a newer provider or someone transitioning between roles, rather than misconduct.
Bottom line
Patricia Reichman's 656 score places her in a middle-ground category: acceptable for some lower-risk engagements, but warranting extra scrutiny. Before engaging, verify her current Colorado CPA license directly with the state board, confirm the specific credential gaps reflected in her sub-score, and request audit quality references. The strong PCAOB and disciplinary records are reassuring, but the credential concerns need clarification.