What Verdica's 656 score means for S. Lund
S. Lund in FL has earned a composite score of 656 out of 850, placing the provider in the "elevated" risk band (580–669). This grade B rating indicates that while the provider is operational and maintains regulatory standing, there are measurable concerns that warrant caution before engagement.
A score in the elevated range reflects mixed performance across compliance dimensions. It suggests the provider meets baseline requirements to operate but carries elevated risk factors that differentiate it from providers scoring in the acceptable range (670+). For a business owner or individual seeking accounting services, a 656 score means due diligence is warranted—this is not a high-risk provider on a watch list, but it is not a strong performer either. You should request references, review engagement terms carefully, and understand what specific services will be provided before committing.
How the sub-scores break down
License & Credentials (340/850): This is the primary concern in S. Lund's profile. A sub-score of 340 falls well below the acceptable threshold and indicates gaps or weaknesses in formal licensing, professional certifications, or credential documentation. In the accounting field, this dimension tracks state board registration status, current CPA licenses, and required designations. A low score here suggests either incomplete credential documentation in state records, licensing restrictions, or credentials that do not fully align with the services offered. This is the biggest red flag in the overall score.
PCAOB Record (810/850): This sub-score is strong and reflects a positive history in Public Company Accounting Oversight Board audit findings. A score of 810 means that any PCAOB audits or inspections on record have not surfaced major quality or compliance failures. This suggests competence in audit execution and adherence to auditing standards when subject to federal oversight. However, this strength is offset by the weak credentials score.
Disciplinary (850/850): A perfect score on the disciplinary dimension indicates no recorded complaints, sanctions, or enforcement actions from state or federal regulators. This is a positive signal and means regulators have not found cause to take action against S. Lund's license or practice.
What regulators in FL track for accounting providers
Florida's state board of accountancy oversees licensing, maintains professional registries, and enforces disciplinary action. Verdica pulls registration data to verify that providers hold valid CPA licenses, meet continuing education requirements, and maintain compliance with state-specific practice rules.
The PCAOB, a federally chartered nonprofit overseen by the SEC, conducts inspections of accounting firms that audit public companies. PCAOB findings assess audit quality, compliance with auditing standards, and internal quality controls. Inspections result in detailed reports; firms with deficiencies are required to remediate and may face follow-up reviews.
Both regulators track credential status, disciplinary histories, and quality metrics. A low score on licensing typically reflects incomplete or non-current records, restricted licenses, or credential gaps. A low PCAOB score would indicate audit deficiencies or control failures. A low disciplinary score reflects formal complaints or sanctions.
Verdica weights these dimensions because licensing and credentials are foundational—you cannot practice accounting professionally without proper state authorization—while PCAOB audit history and disciplinary records measure track record and regulatory trust.
Bottom line
S. Lund is neither a high-risk provider nor a strong choice. The combination of weak credentials (340) and a perfect disciplinary record creates an ambiguous profile: the provider operates without regulatory sanctions but carries documented gaps in professional credentials. Before engaging, verify the specific nature of the credential gap, confirm which services the provider is actually licensed to deliver, and consider whether those services match your needs. Request client references and compare against providers scoring 670+.