AICPA Peer Review Update Course
8.0 Credits
Member Price $350.00
Non-Member Price $475.00
Overview
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.
Highlights
Topics of discussion will include:
- 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
- Identifying nonconforming engagements – other
- QM standards and impact on Peer Review
- Preparing FFCs and report deficiencies
- Determining systemic causes
- Group Discussions
- Case Studies
- Common reviewer performance feedback
- Mobility as it relates to Peer Review
- Reviewer Pool considerations
Designed For
Peer reviewers
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.
- Impact of new QM standards.
- Review changes in the new Clarified Peer Review Standards.
- Common peer review issues related to Florida peer reviews.
- Prevent review performance issues.
Notice
Leader(s):
Leader Bios
Paul Brown, Director of Peer Review, Florida Institute of CPAs
Paul Brown joined the FICPA in November 1992 and is the Director of Technical Services for the Florida Institute of CPAs (FICPA). One of Paul's main duties is to serve as the technical reviewer in Florida for the American Institute of Certified Public Accountants (AICPA) Peer Review Program. The program administers approximately 350 reviews annually in Florida and oversees approximately 90 peer reviewers. Paul also assists members in the areas of professional ethics and professional standards. As part of his role in the peer review program Paul has previously been an instructor and author of continuing education programs for the AICPA and FICPA, for which he had received several outstanding discussion leader and author awards. Paul serves on the AICPA's Peer Review Standards Task Force, Technical Reviewers Advisory Task Force to the Peer Review Board and serves as staff liaison to two committees of the FICPA.
Non-Member Price $475.00
Member Price $350.00