South Portland / Maine / United States
Runyon Kersteen Ouellette (RKO) is a full service firm providing accounting auditing, consulting and tax services throughout Maine and New Hampshire. About Us Innovation Our mission is to continually innovate our services, strive to improve our quality services, constantly evaluate the marketplace and maintain flexibility to address the changes in our industry. Clients Serving our clients is the ultimate reason for our organization?s existence. We are committed to giving each client our best efforts and providing value-added services. RKO has succeeded in achieving its original goal of developing a general practice, serving numerous industries of all sizes, and providing a full range of professional services. Our audit services comprise approximately 50% of firm revenues. Additionally, 15% of gross fees are derived from compilation, review and write-up services, and 20% of our income represents tax preparation, research and planning fees. Other consulting and financial advisory services are responsible for 15% of our total fee income. Quality Control Review Runyon Kersteen Ouellette participates in the American Institute of Certified Public Accountants (AICPA) quality control review system. The 2016 review, conducted by an independent team, resulted in a rating of "pass" on the system of quality control for the accounting and auditing practice of the firm. A copy of this report can be found here. The on-site visit is part of the AICPAs quality control monitoring program for all member firms and is to be conducted every three years. Among other procedures, the Quality Review Team inspects randomly selected client files and workpapers to ensure compliance with professional standards on audit, review, and compilation engagements. Additionally, continuing education records are scrutinized, employees are interviewed, and various other administrative procedures are examined to test for adherence to all five elements of quality control as promulgated by the AICPA. The successful completion of the review marks our commitment to provide a top quality product and level of service to all clients.
