Becoming an AICPA Peer Review Team or Review Captain
Available Anytime
Location:
Online
8Credits
Accounting and Auditing
Registration is Open
FICPA Members
Nonmembers
$215.00 Regular Price
Product Code: AI23-PRTC
Level: Intermediate
Vendor: AICPA CPE Division
Field of Study: Auditing
Overview:
Become a certified peer review team captain!
Learn the foundation of an effective peer review engagement and evaluation of a firm's system of quality control under the AICPA Practice-Monitoring Program.
As a future team and/or review captain, you will learn to successfully plan for, perform, and report on both system and engagement reviews. This two-part CPE course features an online self-study module and a group-study course entitled Becoming an AICPA Peer Review Team or Review Captain: Case Study Application. Completion of both parts is required to become certified qualified as a peer review team captain
Objectives:
Learning Outcomes
- Distinguish between the processes to effectively plan system and engagement peer reviews
- Identify steps needed to understand a firm's system of quality control
- Identify the differences between the various types of peer review reports
- Select different recommendations for follow-up action to the administering entity
- Identify the impact and effect that organizational issues have on a firm's system of quality control
Major Topics:
Key Topics
- Evaluation of a firm's system of quality control
- Steps in a peer review engagement
- Writing peer review reports
- Assisting firms in preparing letters of response
- Planning and conducting the exit conference
- The role and qualifications of the peer reviewer in system and engagement reviews
- Objectives and requirements related to peer reviews in a peer review program
- Engagement reviews and their distinct differences from system reviews
Designed For:
Who Will Benefit
- Those who wish to become peer review team captain qualified.