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This test has been approved by the Peer Review Board to assess the participant's knowledge of the standards, interpretations and guidance of the Peer Review Program. Participants may meet their initial training requirements to serve as a peer review team captain by first passing this test and then either completing Day 2 of the "How to Conduct a Review Under the AICPA Practice-Monitoring Program" ("How To") course or undergoing mentoring by an approved Peer Review Mentor.
A passing grade on this test will be a score of 90%. Participants who pass the exam should update their reviewer resume to reflect the date the test was passed and should either attend Day 2 of the "How To" course or undergo mentoring by an approved Peer Review Mentor.
Participants who do not pass the exam may take the exam a second time. Participants who do not pass the exam after two attempts should undergo one of the alternative options for initial team captain qualification (e.g. attending the two day "How To" course).