Laserfiche WebLink
First Financial Bank Bulding <br />Jgws �ina d QCoy T lJ' <br />400 Pine Street, Ste. 600, Abilene, TX 796C)1 <br />c'F_ R TIF7FD PUBL IC :a C C 0 0.V T,4 NTS 325.672.4000 / 800.5882525 I f. 325.672.7049 <br />QywJit)r b egri). Knr- vltage, w^ +-,-,.dk.3;3.con <br />System Review Report <br />June 19, 2015 <br />To the Partners of <br />McClanahan and Holmes, LLP <br />and the Peer Review Committee of the Texas Society of Certified Public Accountants <br />We have reviewed the system of quality control for the accounting and auditing practice of McClanahan <br />and Holmes, LLP (the firm) in effect for the year ended March 31, 2015. Our peer review was <br />conducted in accordance with the Standards for Performing and Reporting on Peer Reviews established <br />by the Peer Review Board of the American Institute of Certified Public Accountants. As a part of our <br />peer review, we considered reviews by regulatory entities, if applicable, in determining the nature and <br />extent of our procedures. The firm is responsible for designing a system of quality control and complying <br />with it to provide the firm with reasonable assurance of performing and reporting in conformity with <br />applicable professional standards in all material respects. Our responsibility is to express an opinion on <br />the design of the system of quality control and the firm's compliance therewith based on our review. The <br />nature, objectives, scope, limitations of, and the procedures performed in a System Review are described <br />in the standards at www.aicpa.org/prsummary. <br />As required by the standards, engagements selected for review included engagements performed under <br />Government Auditing Standards and audits of employee benefit plans. <br />In our opinion, the system of quality control for the accounting and auditing practice of McClanahan <br />and Holmes, LLP in effect for the year ended March 31, 2015, has been suitably designed and complied <br />with to provide the firm with reasonable assurance of performing and reporting in conformity with <br />applicable professional standards in all material respects. Firms can receive a rating of pass, pass with <br />deficiency(ies) or fail. McClanahan and Holmes, LLP has received a peer review rating of pass. <br />0 4, PC- <br />Certified Public Accountants <br />