Product Image

Upcoming Peer Review: Is Your Firm Ready?

Author/Moderator: Jim Woy, CPA
Publisher: AICPA
Availability: Varies by Format (See Below)
See Below To Add To Cart
View Online Catalog
Print This Page


Available Formats:  Text | On-Demand | See All

What does it take to have an effective quality control system that leads you to a clean, unmodified peer review report? This CPE course helps you prepare for your next review, and provides tips on what can be done on a daily basis to create a strong quality control environment for your firm.

This CPE course will help you identify and prevent the most common significant deficiencies that peer reviews uncover, implement a process to select the appropriate peer reviewer, and determine the right review year-end for your firm. This course also examines the additional issues that may come into play if you have specialized engagements such as governmental units, not-for-profit organizations, construction contractors, or employee benefit plans.

Topics Discussed:

  • What to do between reviews to maintain a quality control environment and continually prepare for the next review
  • Common engagement deficiencies and how to prevent them
  • Selection process—the peer reviewer and the review year-end
  • Quality control standards overview
  • What you need to assemble for your reviewer
  • Peer review wrap-up expectations
  • Solutions to common quality control issues

Learning Objectives:
When you complete this course, you will be able to:

  • Create a firm environment that focuses on quality control
  • Understand the basic steps for monitoring and inspections
  • Establish a quality control system based on the Quality Control Standards
  • Recognize significant recurring engagement deficiencies and how to prevent them
  • Prepare for your next peer review – decisions to make and pulling together the right information

Who Will Benefit?
Practitioners subject to peer review who are involved in compiling, reviewing, or auditing financial statements of small and midsize businesses

Prerequisite: Experience in providing audit, review, and compilation services.

Advanced Preparation: None

Enhanced On-Demand Format
This enhanced on-demand format features audio and voice narration to keep you actively engaged with the course content. Additionally, updated course navigation allows you to easily move throughout the material. For your convenience, a PDF version of the text manual is included for download to use as a reference guide.

Table of Contents


Subscription Info

Other Options

NASBA Field of Study: Auditing
Level: Intermediate
Recommended CPE Credit: Text - 9; On-Demand - 8
Upcoming Peer Review: Is Your Firm Ready?
Text , 2015
Product# 731967
Availability: In Stock
AICPA Member:$149.00
Your Price:$189.00
To receive your AICPA member discount, Sign In now, or Register using your AICPA membership number.