Peer Review Checklists for Team Captains
Please note, older versions of checklists and practice aids are archived here.
In performing peer reviews, review teams must complete all relevant programs and checklists issued by the AICPA Peer Review Board in a professional manner. Failure to do so may cause a presumption that the review has not been performed in conformity with the Standards governing the Program.
Profiles
If you would like to email the Engagement Profile to the firm, we have provided files containing only the Profiles. The section number is included in the header on all pages and the title is included in the header on odd-numbered pages. We added a "P" to the checklist section number to differentiate them from the regular checklists. Download the Engagement Profiles >
Quality Control Considerations for System Reviews
Peer reviewers should consult the Q&A: Quality Control Considerations for System Reviews tool to assist with their understanding of the Statement on Quality Control Standards (SQCS) No. 8 and how those quality control (QC) standards should be considered during a system peer review in which the new Guidelines for Review and Testing of QC Policies and Procedures Checklists (PRP Sections 4400, 4400A, 4500, 4550, 4600 and 4650) are used.
Peer Review Risk Assessment Tool
A new Peer Review Risk Assessment Tool became available in October 2020. It is available as PRP Section 24,150 in the System Review Practice Management Toolkit.
4,000 System Reviews
| Section Number | Month Last Modified (Effective First of Subsequent Month) | Section Title |
| 4,100 | 06/2021 (prev. 04/2019) | Instructions to Firms Having A System Review |
| 4,200 | 06/2021 (prev. 10/2019) | Instructions to Reviewers Performing System Reviews |
| 4,250 | 06/2021 (prev. 12/2016) | Examples of Deficiencies and Case Studies on Writing Deficiencies |
| 4,400 | 04/2019 | Supplemental Guidelines for Review of Quality Control Policies and Procedures for Engagements Performed in Accordance with Government Auditing Standards (Yellow Book) December 2011 Revision (Use 4400A for engagements performed in accordance with Government Auditing Standards (Yellow Book) 2018 Revision) |
10/2020 (New) |
Supplemental Guidelines for Review of Quality Control Policies and Procedures for Engagements Performed in Accordance with Government Auditing Standards (Yellow Book) 2018 Revision |
|
| 4,500 | 01/2017 (prev. 05/2015) | Guidelines for Review of Quality Control Policies and Procedures for a Sole Practitioner with No Personnel |
| 4,550 | 01/2017 | Guidelines for Testing Compliance with Quality Control Policies and Procedures for a Sole Practitioner with No Personnel |
| 4,600 | 01/2017 (prev. 05/2015) | Guidelines for Review of Quality Control Policies and Procedures for Firms with Two or More Personnel |
| 4,650 | 01/2017 | Guidelines for Testing Compliance with Quality Control Policies and Procedures for Firms with Two of More Personnel |
| 4,700 | 01/2017 (prev. 05/2015) | Staff Interview Questionnaire |
| 4,800 | 06/2021 (prev. 04/2019) | Summary Review Memorandum - Fillable PDF |
| 4,800 | 06/2021 (prev. 09/2019) | Summary Review Memorandum - Excel File |
| 4,900 | 06/2021 (prev. 04/2020) | Team Captain Checklists - Fillable PDF File |
| 4,900 | 06/2021 (prev. 04/2020) | Team Captain Checklists - Excel File |
| 4,950 | 01/2014 | Instructions for Use of Matter for Further Consideration (MFC) Form for System Reviews |
| 4960 | 12/2017 (prev. 04/2017) | Instructions for Use of Findings for Further Consideration (FFC) Form for System Reviews |
Section 5,000 System Reviews of Firms Closely Aligned with Non-CPA Entities
| Section Number | Month Last Modified (Effective First of Subsequent Month) | Section Title |
|---|---|---|
| 5,100 | 12/2016 (prev. 05/2015) | Quality Control Policies and Procedures Documentation Questionnaire Supplement for Non-CPA Owned Entities Closely Aligned with a CPA Firm |
Section 20,000 Peer Review Engagement Checklists - System Reviews
| Section Number | Month Last Modified (Effective First of Subsequent Month) | Section Title |
|---|---|---|
| 20,100 | 06/2021 (prev. 04/2019) | Instructions for Use of Peer Review Engagement Checklists |
| 20,200 | 10/2020 (prev. 4/2019) | General Compilation Engagement Checklist for engagements performed in accordance with SSARS (use for System Reviews or Engagement Reviews) |
| 20,250 | 10/2020 (prev. 4/2019) | General Preparation Engagement Checklist for engagements performed in accordance with SSARS (use for System Reviews or Engagement Reviews) |
| 20,300 | 10/2020 (prev. 4/2019) | General Review Engagement Checklist (for engagements performed in accordance with SSARS (use for System Reviews or Engagement Reviews) |
| 20,400 | 10/2020 (prev. 4/2019) | General Audit Engagement Checklist |
| 20,500 | 10/2020 (prev. 4/2019) | Governmental Audit Engagement Checklist |
| 20,600 | 10/2020 (prev. 4/2019) | Not-for-Profit Audit Engagement Checklist |
| 20,700 | 10/2020 (prev. 10/2019) | Employee Benefit Plan Audit Engagement Checklist |
| 20,800 | 10/2020 (prev. 4/2018) | Supplemental Checklist for Review of Prospective Financial Statement Engagements |
| 20,900 | 10/2020 (prev. 12/2017) | Agreed-Upon Procedures Engagement Checklist (See 20900A for engagements performed in accordance with SSAE No. 19) (use for System Reviews or Engagement Reviews) |
| 20,900A | 10/2020 (prev. 4/2020) | Agreed-Upon Procedures Engagement Checklist (For Engagements Performed in Accordance with SSAE No. 19) (use for System Reviews or Engagement Reviews) |
| 21,000 | 10/2020 (prev. 12/2017) | Examination Attestation Engagement Checklist |
| 21,050 | 10/2020 (prev. 04/2018) | Review Attestation Engagement Checklist (use for System Reviews or Engagement Reviews) |
| 21,100 | 12/2017 (prev. 05/2015) | Reporting on Controls at a Service Organization Checklist (SOC1 ® Reports) |
| 21,150 | 9/2018 (prev. 12/2017) | Reporting on Controls at a Service Organization Checklist (SOC2 ® Reports) |
| 21,200 | 9/2018 (prev. 5/2018) | Public Company Accounting Oversight Board (PCAOB) Audit Engagement Checklist |
| 21,300 | 04/2020 (prev. 4/2019) | SEC-Registered Broker-Dealer Audit and Attest Engagements Checklist (see May 2021 Reviewer Alert article “SEC Registered Broker-Dealers Removed from the Scope of Peer Review”) |
| 22,010 | 4/2020 (prev. 12/2017) | Supplemental Checklist for Review of Banks and Savings Institutions Audit Engagements |
| 22,040 | 12/2017 (prev. 04/2014) | Supplemental Checklist for Review of Construction Contractor Engagements (Use 22040A for engagements performed in accordance with ASC Topic 606) |
| 22,040A | 10/2020 (prev. 10/2019) | Supplemental Checklist for Review of Construction Contractor Engagements (For engagements performed in accordance with ASC Topic 606) |
| 22,060 | 10/2020 (prev. 12/2017) | Supplemental Checklist for Review of Common Interest Realty Associations |
| 22,070 | 10/2019 (prev. 12/2017) | Supplemental Checklist for Review of Engagements of Health Care Organizations |
| 22,080 | 12/2017 (prev. 04/2014) | Supplemental Checklist for Review of Audits of For-Profit Housing and Urban Development (HUD) Engagements |
| 22,090 | 4/2018 (prev. 4/2014) | Supplemental Checklist for Review of Personal Financial Statement Engagements |
| 22,100 Part A-UG | 4/2020 (prev. 9/2018) | Part A Supplemental Checklist for Review of Single Audit Engagements (Uniform Guidance) |
| 22,100 Part B-UG | 4/2020 (prev. 9/2018) | Part B Supplemental Checklist for Review of Single Audit Engagements (Uniform Guidance) |
| 22,110 | 04/2019 (prev. 05/2016) | Supplemental Checklist for Review of Audit Engagements Performed in Accordance with Government Auditing Standards (Yellow Book) December 2011 Revision (Use 22110A for engagements performed in accordance with Government Auditing Standards (Yellow Book) 2018 Revision) |
| 22,110A | 10/2020 (New) | Supplemental Checklist for Review of Audit Engagements Performed in Accordance With Government Auditing Standards (Yellow Book) 2018 Revision |
| 22,120 | 04/2019 (prev. 05/2016) | Supplemental Checklist for Review of Agreed Upon Procedures and Other Attestation Engagements Performed in Accordance with Government Auditing Standards (Yellow Book) December 2011 Revision (Use 22120A for engagements performed in accordance with Government Auditing Standards (Yellow Book) 2018 Revision) |
| 22,120A | 10/2020 (New) | Supplemental Checklist for Review of Attestation Engagements and Reviews of Financial Statements Performed in Accordance With Government Auditing Standards (Yellow Book) 2018 Revision |
| 22,130 | 04/2019 (prev. 04/2018) | Supplemental Checklist for Review of Audit Engagements of State and Local Governments Participating in Defined Benefit Pension Plans and/or Postemployment Benefits Other Than Pensions (OPEB) |
| 22,300 | 04/2020 (prev. 04/2019) | Financial Reporting and Disclosure Checklist (use for System Reviews or Engagement Reviews) |
| 22,400 | 04/2019 (prev. 12/2017) | FRF for SMEs™ Financial Reporting and Disclosure Checklist |
| 22,500 | 04/2014 | IFRS Financial Reporting and Disclosure Checklist (for Financial Statements with Years Beginning on or After January 1, 2013) |
| Zip File | 06/2021 (prev. 10/2020) | Download all System Review Team Captain Materials |
| Zip File | 06/2021 (prev. 10/2020) | Download the current System Review Toolkit |
