Recently, Morison Cogen LLP underwent it’s routine PCAOB (Public Company Accounting Oversight Board) inspection. The PCAOB has rigorous standards. Its reviews are exacting and they predictably identify matters of concern in most audits. This year, however, the PCAOB’s review did not identify any deficiencies or matters of concern in Morison Cogen LLP’s auditing or accounting work. In addition, the PCAOB did not identify any quality control issues regarding the firm. This is a testament to the quality and professionalism of our work and we are truly proud of this achievement.