Becoming an AICPA Peer Review Team or Review Captain

Understanding peer reviews

You'll learn the foundations of an effective peer review engagement and gain insight into the process of evaluating a firm’s system of quality management under the AICPA Practice-Monitoring Program.

Becoming team or review captain qualified

You can join a network of like-minded individuals who value the accounting profession, share best practices, and continually sharpen your own accounting and auditing skills.

Note: This two−part CPE curriculum features the following:

• This set of online self-study modules, Becoming an AICPA Peer Review Team or Review Captain, which should be completed first, and
• A live group study, Becoming an AICPA Peer Review Team or Review Captain: Case Study Application, which should be completed after the self-study modules.

Both courses are required for initial qualification of a Peer Review Team or Review Captain.

Who Will Benefit

Those who wish to become peer review team captain qualified.

Key Topics

• Evaluating a firm's system of quality management
• Objectives and requirements related to peer reviews in a peer review program
• The role and qualifications of the peer reviewer in system and engagement reviews
• Planning and conducting the exit conference
• Writing peer review reports
• Assisting firms in preparing letters of response
• Engagement reviews and their distinct differences from system reviews

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 management.
• 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 management.