AICPA Peer Review Program Advanced Update (111367A-14)
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 Programs, and includes an up-to-the-minute analysis
of the latest AICPA Peer Review Program Standards. Enhance your ability
to conclude and report peer review findings for system, engagement and
report reviews, learn about changes to the peer review standards and
review the risk-based approach to planning a peer review.
Learning Objectives
Gain an understanding of the latest AICPA Peer Review Program
Standards
increase your practice-monitoring expertise
enhance your
ability to reach conclusions on engagement deficiencies and bridge those
conclusions to 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
4
Accounting
4
Prerequisites
Performing an Engagement Review (HCRPM) or a similar AICPA-approved
introductory course, and performance at one review as a team captain