What Verdica's 850 score means for Smith Leonard PLLC
Smith Leonard PLLC has achieved a composite score of 850 out of 850, placing it in the "excellent" band (800–850). This perfect score reflects no identified compliance gaps across the three regulatory dimensions Verdica tracks: licensing credentials, PCAOB audit findings, and disciplinary history.
For a reader evaluating this firm, an 850 score signals that available regulatory data shows no red flags. The firm maintains current, valid credentials in Pennsylvania and has no record of audit deficiencies or disciplinary action in the sources Verdica indexes. This does not mean the firm is infallible or that no customer complaints exist—it means that the firm's regulatory footprint, as tracked by state and federal oversight bodies, is clean.
It's worth noting that Verdica has no independent customer reviews indexed yet for Smith Leonard PLLC. A perfect regulatory score and an absence of customer reviews are not the same thing. Someone considering engagement should treat the 850 as strong foundational confidence in the firm's compliance standing, but should independently verify service quality, pricing, and fit for their specific needs.
How the sub-scores break down
License & Credentials (850). This sub-score reflects the firm's registration and licensing status with the Pennsylvania state board. A score of 850 indicates the firm holds all required licenses, has met education and continuing education requirements, and has no lapses or restrictions on its ability to practice. In the accounting industry, maintaining full credentials is the baseline expectation; any lapse, suspension, or conditional status would lower this score materially.
PCAOB Record (850). The Public Company Accounting Oversight Board (PCAOB) conducts quality reviews and inspections of accounting firms that audit public companies and brokers. An 850 here means Verdica found no documented deficiencies in PCAOB inspection reports or audit quality findings. PCAOB findings can range from minor documentation issues to significant failures in audit procedures. A perfect score suggests the firm either has a clean inspection history or operates in a capacity where PCAOB oversight is not required.
Disciplinary (850). This sub-score aggregates disciplinary actions—warnings, fines, license restrictions, or revocations—issued by the Pennsylvania state board or other relevant regulators. An 850 indicates no such actions on record. Disciplinary records are typically public and searchable; their absence is a straightforward positive signal.
What regulators in PA track for accounting providers
Pennsylvania's state board oversees licensing, continuing education, and ethical compliance for accountants and accounting firms. The board maintains a registry of active licenses and publishes disciplinary actions against practitioners who violate professional standards or state law.
The PCAOB, a federal body created under the Sarbanes-Oxley Act, inspects accounting firms annually or every three years depending on firm size and public-company audit volume. PCAOB inspections focus on audit quality, documentation, independence, and compliance with professional standards. Inspection reports identify deficiencies, and repeat or severe findings can trigger enforcement.
Both entities track whether firms maintain required insurance, comply with continuing education mandates, follow audit standards, and avoid conflicts of interest. A firm with a clean record across both state and federal oversight demonstrates adherence to these baseline requirements. Conversely, findings or disciplinary history would indicate gaps in quality control, documentation, or ethical conduct.
Bottom line
Smith Leonard PLLC's perfect 850 score indicates strong regulatory compliance standing with no identified deficiencies in licensing, PCAOB audits, or disciplinary history. Anyone considering engagement should view this as a solid compliance baseline, but should also seek independent customer references, understand pricing and service scope, and confirm the firm's experience matches their specific accounting or audit needs.