Search Results for: peer review

Response to PEEC: Proposed Peer Review Standards Update No. 1 – Omnibus Enhancements and Technical Corrections – 1/23/2023

Response to AICPA Peer Review Board: Proposed Changes to AICPA Standards for Performing and Reporting on Peer Reviews – 12/21/2021

Peer Review Overview, Tools & Resources

Note many of the links provided will take you to the AICPA website.  The following are some resources that we believe will be helpful in understanding peer review and the administration and monitoring of the peer review requirements.  The links provided should direct you to useful information regarding each of the topics below. Understanding the…

BOD Approves Peer Review Rules, MRA and CPE Standards

SHARE: New Model Rules (Article 7) for peer review and the proposed revisions to the Statement on Standards for Continuing Professional Education Programs as well as the NASBA Fields of Study document were approved by the NASBA Board of Directors on October 25. The Model Rules had been exposed for comment from January through the…

Proposed Peer Review Model Rules – January 2019

Peer Review AEs Still Need CPA

SHARE: State Board Report November The AICPA received 55 comments on their plans to evolve their Peer Review Program’s administration, many from the Boards of Accountancy, and those comments did have an impact, according to NASBA Compliance Assurance Committee Chair John F. Dailey, Jr. (NJ). Rather than using a consolidation model, that would have set…

Final Plan on Peer Review

SHARE: State Board Report October The American Institute of CPAs released its final plan on the “Evolution of Peer Review Administration” on August 31. The plan is based on an original proposal for reorganization of the peer review program’s administration distributed in February 2016 and then a subsequent paper sent to the State Boards of…

EDs Consider Peer Review Administration

State Board Report April 2017 Oklahoma Board Executive Director Randy Ross, commenting at the Executive Directors’ Meeting on the AICPA’s January 2017 plans for administering its Peer Review Program, said: “The progress that has been made since last year is exceptional.” The comment deadline on the revised AICPA plan for administration has been extended until…

Revised Peer Review Paper Distributed

State Board Report February 2017 The American Institute of CPAs’ peer review team released to Accountancy Board Chairs and Executive Directors its revised “Evolution of Peer Review Administration” early in January, with comments due back to the AICPA by June 30, 2017. The previous version of this plan for enhancing the administration of the AICPA’s…

CAC Releases White Paper on Dealing with Failed Peer Review Reports

Enforcement Newsletter May 2015 The Compliance Assurance Committee (CAC) is pleased to announce the release of a new tool to assist Executive Directors and accountancy boards when dealing with failed peer review reports. The Dealing with Failed Reports Guidance is a white paper that was put together from a survey of multiple boards and has…