Duncan, Smith & Stilz, PSC

Duncan, Smith & Stilz, PSC is an established, well-respected public accounting firm located in the historic Chevy Chase area of Lexington, Kentucky. This year marks three decades of service to our clients and all their business needs. Our longevity in this community is attributable to our hard-working, dedicated and accessible professionals. This site provides you with more information about our staff and services, including such useful resources as:

In addition, we are constantly researching areas of interest we believe will benefit our clients. We encourage you to visit our Links section to find up-to-date information from external resources we find most helpful.

Duncan, Smith & Stilz PSC, CPAs is a professional service corporation organized under the laws of Kentucky for the practice of public accounting. The firm is a member of the Private Companies Section of the American Institute of Certified Public Accountants and is also registered with the newly formed Public Company Accounting Oversight Board.

Established in 1978, our firm has a history of creating and sustaining excellent relationships with our clients, our alliance partners, and our community. Many of our clients have been with us since the inception of our firm. We take pride in giving our clients the assurance that the personal assistance they receive comes from years of advanced training, technical experience and financial insight. Our continual investment of time and resources in professional continuing education, state-of-the-art computer technology and extensive business relationships is indicative of our commitment to excellence.

Our firm, pursuant to professional standards and regulatory requirements, maintains a system of quality control to ensure that accounting and auditing services are competently delivered and adequately supervised. One of the procedures required by this system of quality control is to undergo a peer review at least once every three years. A peer review is conducted by an independent CPA firm that reviews the firm's system of quality control and issues a report which expresses an opinion on whether the system of quality controls has been designed to meet the quality control standards for an accounting and auditing practice established by the AICPA. Our firm's last peer review report dated November 12, 2010 and approved by the AICPA on May 6, 2011 was an unmodified report without comments which is considered the best report possible. We have posted this report below to make it available to our clients and to demonstrate our commitment to provide quality professional services.

As a company, we have extensive experience in the financial institutions area, including internal and external auditing, tax planning and preparation and regulatory reporting. Other industries we serve include:

• Construction
• Farms & Agriculture
• Manufacturing
• Natural Resources
• Professionals
• Real Estate
• Restaurants
• Retail
• Service Businesses

At Duncan, Smith & Stilz, we believe in the value of relationships! The success of our business depends on referrals and repeat business from satisfied clients.

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