What Verdica's 827 score means for Ray Newbill
Ray Newbill's composite score of 827 out of 850 places this accounting provider in Verdica's "excellent" band (800–850). This means the provider has demonstrated strong compliance across the measurable dimensions Verdica tracks: state licensing, PCAOB audit history, and disciplinary records.
For a business owner or consumer evaluating an accounting provider, an 827 score suggests low regulatory risk based on available public records. The provider has maintained proper credentials, has not accumulated significant audit findings, and shows no material disciplinary actions on file. However, it's important to note that Verdica's score reflects regulatory compliance data only—it does not measure service quality, customer satisfaction, or pricing competitiveness. No independent customer reviews have been indexed yet, so you cannot cross-reference regulatory standing with real-world user experience.
The gap between Ray Newbill's score (827) and the theoretical maximum (850) is modest (23 points), indicating minor or no deductions across the three sub-dimensions. This positioning makes the provider a lower-risk choice relative to the compliance landscape, though not a guarantee of perfect performance.
How the sub-scores break down
License & Credentials (830/850): This sub-score reflects whether Ray Newbill holds required state board registration and professional licenses in Colorado and maintains current standing. A score of 830 indicates the provider is fully credentialed with minimal or no compliance gaps in licensing records. In the accounting industry, lapses in licensure or credential renewal are red flags; a high score here means regulatory hurdles are cleared.
PCAOB Record (810/850): The Public Company Accounting Oversight Board (PCAOB) conducts inspections of audit firms and issues findings based on the quality of audits and compliance with standards. A score of 810 suggests Ray Newbill's firm either has not been the subject of significant PCAOB audit findings, or any findings issued were resolved satisfactorily. Lower scores in this dimension typically reflect repeat or material findings related to audit quality, documentation, or independence issues. This score is the most variable sub-score, and a higher rating provides assurance about audit methodology.
Disciplinary (850/850): This is a perfect sub-score, indicating no disciplinary actions, complaints upheld by state boards, or enforcement records tied to Ray Newbill. In accounting regulation, disciplinary histories can include violations of professional conduct rules, client fund mishandling, or fraud—any of which would lower this sub-score significantly. A perfect 850 means a clean disciplinary slate.
What regulators in CO track for accounting providers
Colorado's state board and the PCAOB together maintain the compliance infrastructure for accounting providers. Here's what they monitor:
State Board Registration: Colorado requires CPAs and accounting firms to register and maintain licenses, including continuing education requirements and adherence to the state's accountancy regulations. Scores are affected by registration status, renewal timeliness, and any noted compliance exceptions.
PCAOB Audit Findings: The PCAOB inspects audit firms annually or triennially, depending on size. Their reports flag deficiencies such as inadequate audit procedures, insufficient evidence collection, violations of auditing standards, or failures in quality control. Firms with repeat findings or systemic issues receive lower scores.
Disciplinary Records: State boards investigate complaints and enforce professional conduct rules. Common infractions include misrepresentation of qualifications, inadequate record retention, conflicts of interest, or violations of client confidentiality. Any upheld complaints lower the disciplinary sub-score.
These data sources are public and searchable, making them the foundation for transparency in the accounting profession.
Bottom line
Ray Newbill scores in the excellent compliance band and represents lower regulatory risk based on current PCAOB and state licensing data. Before engaging, verify the specific services you need (tax, audit, bookkeeping), confirm references with past clients, and ensure the fee structure aligns with your budget—none of which are captured in this compliance score.