Live Webinar

100-minute live streaming program
  • June 4
  • 1:00 - 2:40 pm EST

AICPA Peer Review

June 4

Gain a better understanding of the AICPA peer review program and how to prepare your firm for peer review.

A peer review report with a rating of ‘pass’ is a great asset to a firm – quality should be of the utmost importance. This webinar is intended to provide attendees with a better understanding of the AICPA peer review program and how to prepare the firm for peer review. We will discuss peer review standards and how they apply to firms providing attestation and other engagements. We will walk through the peer review process, discuss what documentation the firm needs to have available, and what questions the peer reviewers might have. We will share examples of common findings from peer review, discuss what things might rise to the level of a deficiency, and go over potential corrective actions and remediation. Finally, we will share some resources to consult with as you move forward.

Learning Objectives

  • You will be able to describe how a peer reviewer might select engagements for review.
  • You will be able to discuss ways to prepare for your peer review.
  • You will be able to explain the peer review process.
  • You will be able to identify the different types of peer review findings and common

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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Peer Review Standards Overview
  • When a Peer Review Is Required
  • What Is a Peer Review and Types
  • Peer Review and Quality Control Standards
What to Expect During a Peer Review
  • Must-Select Industries
  • Process and Timeline
  • Closing and Exit Conferences
Understanding Peer Review Results -
  • Types of Reports
  • Types of Findings
  • Common Deficiencies
  • Corrective Actions and Implementation Plans
Preparing for Your Next Peer Review
  • Adequate and Implemented Methodologies/Practice Aids
  • Adequate and Implemented Quality Control Policies and Procedures
  • Brief Discussion of Implementing New SQMS and AICPA Resources
Resources and Tools
  • Finding a Peer Reviewer
  • Checklists to Use for Monitoring
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

Live Webinar Registration

  • CPE 2.0 including Specialized Knowledge 2
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 2.0 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Specialized Knowledge for 2.0 hours. Prerequisite: basic knowledge of general accounting. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     

Who should attend?

This live webinar is designed for accountants, presidents, vice presidents, controllers, business owners and managers, finance executives, brokers, tax managers, and financial planners.

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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

LeAnne Goode, CPA, MBA

LeAnne Goode, CPA, MBA

Anglin Reichmann Armstrong, P.C.

Meg Hampton, CPA, MAcc

Meg Hampton, CPA, MAcc

Anglin Reichmann Armstrong, P.C.

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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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All of your training, right here at Lorman.

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Product ID: 410279
Published 2024
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