Peer Review Public Seminars

The AICPA offers seminars nationwide, which are sponsored by state CPA societies. Our authors and instructors are leaders in their fields and strive to make your seminar a successful learning experience. Take a look below to browse seminars that cover peer review-related topics.

If known, registration links for the dates offered are provided below. Please contact the sponsoring state society for additional information and pricing.

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Becoming an AICPA Peer Review Team or Review Captain: Case Study Application

Peer Review Update Course

Becoming an AICPA Peer Review Team or Review Captain: Case Study Application

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:

When you complete this course, you 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.
  • Identify issues that affect an organization or audit firm.
  • Identify procedures that should be performed prior to accepting a peer review engagement.

Topics Discussed:

This course uses an application-based case study approach to cover the following topics:

  • Pre-acceptance considerations
  • Planning considerations
  • Evaluation of a firm’s system of quality control
  • Peer 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

Locations

COURSE CODE
PRTC

FIELD OF STUDY
Auditing

CPE CREDIT HOURS
8

KNOWLEDGE LEVEL
Intermediate

INTENDED AUDIENCE
Individuals who wish to serve as peer review team captains and review captains

PREREQUISITE
Completion of the AICPA’s "Becoming an AICPA Peer Review Team or Review Captain: Program Overview" online course (Acronym: PRTCO)

ADVANCED PREPARATION
None

CITY STATE DATES OFFERED STATE SOCIETY WEBSITE

Peer Review Update Course

The course provides information essential to all peer reviewers, including a high-level overview of changes to standards and guidance, as well as an update on results from the Enhanced Oversight Program.

Learning Objectives:

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

  • Identify significant elements of the current Enhancing Audit Quality (EAQ) initiative.
  • Recall the most recent developments in the Peer Review Program.
  • Recognize common items that delay report acceptance.

Topics Discussed:

  • Update on EAQ initiatives
  • Overview of recent developments in peer review
  • Enhanced Oversight Program
  • Clarity project
  • QCM examinations
  • Updates to the peer review manual
  • Identifying nonconforming engagements: Risk assessment
  • Identifying nonconforming engagements: Analytical procedures
  • Common items that delay report acceptance

Locations

COURSE CODE
CL2PRU

FIELD OF STUDY
Auditing

CPE CREDIT HOURS
2

KNOWLEDGE LEVEL
Intermediate

INTENDED AUDIENCE
Peer reviewers

PREREQUISITE
Having completed the initial training requirements for team or review captains

ADVANCED PREPARATION
None

CITY STATE DATES OFFERED STATE SOCIETY WEBSITE