Peer Review

PEER REVIEW  

 

What is peer review?

A peer review is a periodic outside review of a firm's quality control system in accounting and auditing.  Its aim is to maintain and improve the quality of accounting and auditing performed by member firms.  The AICPA Peer Review Program is dedicated to enhancing accounting, auditing and attestation services performed by AICPA members in public practice.

PARTNERS IN PEER REVIEW

ARCPA is pleased to work with the Alabama Society of CPAs in administering this important program.

Partners in Peer Review is a division of the Alabama Society of CPAs. They administer the AICPA Peer Review Program in Alabama, Mississippi, and Arkansas according to the AICPA Standards For Performing And Reporting On Peer Reviews (standards). The peer review program is intended to be educational and remedial and it is designed to help you improve the quality of your practice.  Partners in Peer Review serves as a resource to assist your firm in scheduling a review, selecting a reviewer, and finalizing your firm's report through the committee acceptance process.

An accounting and auditing practice is defined in the standards as a practice that performs engagements under Statements on Auditing Standards (SASs), Statements on Standards for Accounting and Review Services (SSARSs), Statements on Standards for Attestation Engagements (SSAEs), Government Auditing Standards (the Yellow Book) issued by the U.S. Government Accountability Office, or PCAOB standards. Engagements covered in the scope of the program are those included in the firm’s accounting and auditing practice that are not subject to PCAOB permanent inspection.

Who do we contact with questions?  For questions regarding your firm’s peer review, please email peer.review@alabama.cpa or call 334.386.5762 (direct) or 334-834-7650 (main office number).

 

PEER REVIEW RESOURCES