(dedicated to audit effectiveness and efficiency)

Our Peer Review

Baggett, Reutimann & Associates, CPAs PA
Certified Public Accountants
System Review Report


June 21, 2012

To:
William V. Allen, Jr., CPA and
Peer Review Committee of the Florida Institute of Certified Public Accountants

We have reviewed the system of quality control for the accounting and auditing practiceof William V. Allen, Jr., CPA, (the firm), in effect for the year ended December 31,2011. Our peer review was conducted in accordance with the Standards for Performing and Reporting on Peer Reviews established by the Peer Review Board of the American Institute of Certified Public Accountants. The firm is responsible for designing a system of quality control and complying with it to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. Our responsibility is to express an opinion on the design of the system of quality control, and the firm’s compliance therewith based on our review. The nature, objectives, scope, limitations of, and the procedures performed in a System Review are
described in the standards at www.aicpa.org/prsumrnary.

In our opinion, the system of quality control for the accounting and auditing practice of William V. Allen, Jr., in effect for the year ended December 31, 2011, has been suitably designed and complied with to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. Firms can receive a rating of pass, pass with deficiencies, or fail.

William V. Allen, Jr., CPA, has received a peer review rating of PASS.