In Case You Missed It: PROC Summit 2013 Recap

Enforcement Newsletter

August 2013

NASBA and its Compliance Assurance Committee recently hosted the PROC Summit, July 10 in Nashville, TN, which is a conference held every other year to support and promote peer review oversight as a critical and valuable practice for all Boards of Accountancy. The Summit is intended to assist boards in learning how to establish a new PROC and also share experiences among existing PROCs to help each board be more effective with peer review oversight.

In addition to featuring an explanation on PROC standards and uniformity and a panel discussion about managing PROC programs, this year’s Summit included two different breakout sessions, one specially designed for Boards that do not have a PROC, and the other intended for established PROCs.

Compliance Assurance Committee Chair Janice Gray also unveiled a new PROC Resources section of NASBA.org during the Summit, which contains a repository of state PROC reports, training videos, checklists and templates, and other training and implementation tools and guidelines for Boards to use to either strengthen existing PROCs, or to start new PROCs from scratch.

“The Summit also provided an avenue of interaction and communication for PROC members, state board executive directors and members, our friends at the AICPA and CPA society representatives,” said Leona Johnson, NASBA’s ALL Administrator and Compliance Assurance Committee staff liaison. “Having all parties in one room to converse allowed everyone to discuss their individual challenges, issues and concerns, and to see how each fits into the overall big picture of peer review.”