Brown Smith Wallace said it has successfully completed all of its peer review examinations and received the best possible rating for its third consecutive review.

The St. Louis-based firm achieved those results by receiving an “unmodified report and no letter of comments.” Receiving no letter of comments in a peer review indicates that a firm adheres to the AICPA’s quality control standards.

“Our firm holds itself to the highest standards,” said managing member Harvey Wallace in a statement. “We are very pleased to receive the most positive results from our peer review.”

The peer review was conducted by Greenville, S.C.-based firm Dixon Hughes, which ranked 18th on Accounting Today’s 2009 list of the Top 100 Firms. The review covered the year ending April 30, 2008.

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