Raleigh, NC -- (SBWIRE) -- 09/21/2010 -- Johnson Lambert & Co. LLP is now registered with the Canadian Public Accountability Board (CPAB). The CPAB oversees auditors of Canadian reporting issuers who are required to file financial statements with one or more provincial securities commissions in Canada. Under Canadian Securities Administrators Rule 52-108, accounting firms that audit Canadian reporting issuers must be participants in CPAB’s oversight program.

CPAB’s mission is to contribute to public confidence in the integrity of financial reporting of public companies in Canada by promoting high quality, independent auditing. CPAB carries out its mission by conducting inspections of the firms over which it has oversight responsibility. In its inspection of a firm, CPAB reviews the policies and procedures of a firm in the areas of Tone at the Top, Independence and Ethics, Client Acceptance and Continuance, Engagement Documentation and Quality Monitoring. CPAB then tests the firm’s compliance with these policies and with those standards established by external professional bodies in these areas.

Johnson Lambert & Co. LLP, who has been registered with the Public Company Accounting Oversight Board (PCAOB) since 2003 and successfully undergone their inspections receiving no comments, will now also be subject to CPAB’s inspections of audits of Canadian reporting issuers.

Johnson Lambert & Co. LLP believes that the results of our PCAOB inspections are directly related to our commitment to performing quality audits, specialization in auditing insurance companies and employee benefit plans and looks forward to meeting the CPAB’s mission in providing the highest quality audits to public companies in Canada.

For more information about CPAB visit http://www.cpab-crrc.ca.

About Johnson Lambert & CO. LLP:
Johnson Lambert & Co. LLP is a specialty accounting, auditing and tax firm formed in 1986 with offices in Virginia, Vermont, North Carolina, Florida, New Jersey, South Carolina, Illinois and Georgia. Since inception, our business strategy has been to focus aggressively on distinct industry niches where we can distinguish ourselves as possessing a unique depth of technical expertise and experience specifically relevant to our clients’ needs. Johnson Lambert & Co. LLP has served clients in the insurance industry for over 24 years and today we provide audit and tax services to over 350 insurance entities. Additional niches served by the firm are employee benefit plans and associations and other non-profit organizations. For more information about Johnson Lambert & Co. LLP visit http://www.jlco.com.