Becoming an AICPA Peer Review Team or Review Captain: Case Study Application
Description
Apply your knowledge of the AICPA’s Peer Reviewer program to a practical application case study. This course features realistic case studies that encompass the most important elements of a system peer review, as well as several case studies pertaining to an engagement review.
As a current or future team and/or review captain, you learn to successfully plan for, perform, and report on both system and engagement reviews. You are also introduced to the administrative and committee roles in the peer review program.
Learning Objectives
Upon completion of this seminar, participants will be able to:
Analyze the process of how to effectively plan system and engagement peer reviews
Identify steps needed to understand a firm's system of quality control
Identify procedures used in testing the firm's system
Choose recommendations for follow-up action to the administrating entity
Identify the impact and effect that organizational issues have on a firm's system of quality control
Major Topics
Pre-acceptance considerations
Planning considerations
Evaluation of a firm's system of quality control
Risk assessment
Engagement selection
Interviewing managing partners, CEOs, and staff
Completing a Matter for Further Consideration Form
Evaluation of noncompliance with Professional Standards
Writing peer review reports
Provider
AICPA
Course Level
Intermediate
CPE Field of Study
Auditing
8
Who Should Attend
Individuals who wish to serve as peer review team captains and review captains.
Instructor(s)
Thomas Newell
Prerequisites
Completion of the AICPA's "Becoming an AICPA Peer Review Team or Review Captain: Program Overview" online course
