What Verdica's 812 score means for Pearce Bevill Leesburg Moore PC
Pearce Bevill Leesburg Moore PC has earned a composite score of 812 out of 850, placing it firmly in Verdica's "excellent" band (800–850). This score reflects strong overall compliance posture across the dimensions Verdica tracks: state licensing credentials, PCAOB audit history, and disciplinary records.
A score in this range indicates that the firm has maintained its professional standing with regulators and has not accumulated significant audit findings or enforcement actions. For a business owner or financial decision-maker evaluating accounting providers, a score of 812 suggests low compliance risk relative to the broader provider population. However, it is not a perfect score—the firm's PCAOB sub-score of 755 (explained below) indicates some audit observations worth understanding before engagement. The reader should interpret this as "strong and trustworthy" rather than "flawless," and should still conduct standard diligence such as reference checks and scope reviews.
How the sub-scores break down
License & Credentials (850/850): This perfect sub-score means Pearce Bevill Leesburg Moore PC holds current, active state board registration in Illinois and has no credential deficiencies on file. In the accounting industry, licensing is a non-negotiable baseline—it confirms the firm is authorized to practice and has met educational and experience thresholds set by the state. A score of 850 here is the regulatory floor for legitimacy.
PCAOB Record (755/850): This sub-score is the lowest of the three and warrants attention. The Public Company Accounting Oversight Board (PCAOB) inspects audit quality and compliance at firms that audit public companies. A score of 755 suggests the firm has received PCAOB audit findings—observations about quality control, audit procedures, or documentation—but none severe enough to trigger enforcement action or material sanctions. In practice, most firms of this size will have some findings; the question is whether they are isolated or systemic. At 755, the findings appear to be neither widespread nor resolved.
Disciplinary (850/850): A perfect disciplinary score means Pearce Bevill Leesburg Moore PC has no formal complaints, sanctions, or enforcement history on record with the Illinois state board or PCAOB. This is a strong indicator of professional conduct and client trust.
What regulators in IL track for accounting providers
The PCAOB and Illinois state board focus on several compliance dimensions:
PCAOB audit findings center on quality control gaps, inadequate audit procedures, insufficient testing of accounts or disclosures, and documentation deficiencies. When these are found during PCAOB inspections of public company audits, they are logged as observations. Repeated or severe findings can trigger enforcement actions, which range from demand letters to civil sanctions. A firm's PCAOB score reflects the frequency and severity of these findings.
State licensing and credentials verify that partners and managers meet continuing education requirements, renew licenses timely, and maintain good standing. Illinois tracks these via the Department of Financial and Professional Regulation (IDFPR). License revocation or suspension is rare but signals serious misconduct.
Disciplinary records capture complaints from clients, regulators, or other stakeholders—allegations of fraud, incompetence, or ethical violations. These are investigated and, if substantiated, result in public sanctions or license restrictions. A clean disciplinary record suggests the firm has not been accused of material wrongdoing.
Bottom line
Pearce Bevill Leesburg Moore PC is a strong compliance choice with an 812 composite score and no disciplinary history. Before engaging, verify that the firm's PCAOB findings do not relate to your specific audit scope or industry, and confirm references from recent clients in similar sectors. A score this high indicates low risk, but standard due diligence remains prudent.