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AICPA Peer Review

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.

101 minutes
Certificate of Completion
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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

OnDemand Course

This course was last revised on June 4, 2024.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Add to Wishlist

More Program Information

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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Add to Wishlist

More Program Information

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.

All of your training, right here at Lorman

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

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  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 410279
Published 2024
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