AICPA Peer Review Program Advanced Course (111251A-15)
Description
This one-day, advanced course is designed for experienced reviewers who
want to heighten their peer review skills. It is an excellent follow-up
to the AICPA’s training course, How to Conduct a Review Under the AICPA
Practice-Monitoring Program. This course includes an analysis of the
latest AICPA Peer Review Program Standards as well as materials focused
on the areas of peer review guidance which reviewers find the most
problematic.
Learning Objectives
Gain an understanding of the latest AICPA Peer Review Program
Standards.
Identify steps to take to improve practice monitoring.
Enhance your ability to reach conclusions on engagement deficiencies.
Explain how to appropriately address engagement deficiencies and peer
review findings.
Major Topics
Overview of latest standards
Risk-based approach to planning a
system review
Evaluating a system of quality control
Determining the
cause and documenting engagement deficiencies
Identifying appropriate,
practical solutions to system deficiencies
Understanding
implementation plans
Conducting exit conferences
Refresher for
engagement peer reviews
Course Level
Advanced
CPE Field of Study
Auditing
8
Prerequisites
How to Conduct a Peer Review Under the AICPA Practice-Monitoring Program
(HCRPM) or a similar AICPA-approved introductory course, and performance
of one review as a team captain
