What Verdica's 785 score means for RESOURCES CONNECTION, INC.
Resources Connection, Inc. scores 785 out of 850 on Verdica's composite scale, placing it in the "strong" band (740–799). This score reflects a provider with solid regulatory standing and audit compliance. A reader should interpret this as: the firm has met the baseline requirements for licensure and maintains a clean PCAOB and disciplinary record, but is not in the "excellent" tier (800–850), which would indicate an unusually robust track record or exceptional audit outcomes.
The gap between 785 and the maximum 850 is meaningful. It suggests there may be room for improvement in one or more compliance dimensions—most likely in the License & Credentials sub-score (665), which is notably lower than the other two. In practical terms, a business owner considering this provider should view them as a competent, regulated firm, but should still perform due diligence on specific service offerings and references before engagement.
How the sub-scores break down
License & Credentials (665). This sub-score reflects the firm's regulatory registration status and professional qualifications at the state level. A score of 665 places this dimension in the "elevated" band (580–669), suggesting the firm holds necessary licenses but may lack additional certifications, specializations, or have minor registration gaps that pull the score below the "acceptable" threshold (670+). In the accounting industry, state boards track CPA credentials, firm registrations, and any limitations on scope of practice. A 665 here is not a red flag—it means the firm is registered and operating legally—but it is the weakest link in Resources Connection's profile.
PCAOB Record (850). This is a perfect score, indicating no audit deficiencies cited by the Public Company Accounting Oversight Board. The PCAOB inspects audit firms and issues inspection reports that can flag issues with engagement quality, documentation, or internal controls. A score of 850 means Resources Connection has either not been flagged in recent PCAOB findings or has a clean inspection history. This is a strong indicator of audit execution quality.
Disciplinary (850). This perfect score reflects no substantive disciplinary actions on record from state boards, the SEC, or other regulatory bodies. Disciplinary records track complaints, fines, license suspensions, or enforcement actions. An 850 here means the firm has not faced formal sanctions or public discipline, which is the expected baseline for a functioning provider but still a meaningful data point.
What regulators in DE track for accounting providers
Delaware's state board and the PCAOB monitor accounting providers on several fronts. State boards maintain CPA firm registrations and track whether firms meet insurance, staffing, and continuing education requirements. Violations might include operating without a valid registration, misrepresenting credentials, or failing to maintain required insurance.
The PCAOB conducts triennial (or more frequent) inspections of public company audit firms and annually inspects firms issuing audits for brokers and dealers. Inspectors examine audit workpapers, evaluate compliance with auditing standards (GAAS or PCAOT), and assess quality control. Common findings include deficient evidence, inadequate testing, or documentation gaps. A clean PCAOB record, like Resources Connection's, means the firm passed inspection without material deficiency citations.
Disciplinary infractions—tracked by state boards and enforced by the SEC or state regulators—can include failure to follow auditing standards, independence violations, fee disputes, or conduct violations. These are matters of public record and directly affect a firm's reputation and license.
Bottom line
Resources Connection, Inc. is a strong provider with clean audit and disciplinary records, but its License & Credentials score suggests potential room for verification of state-specific qualifications. For prospective clients, the 785 score indicates regulatory compliance and acceptable practice standards; you should cross-check that the firm holds the specific credentials and licenses required for your accounting or audit needs before signing an engagement.