Event Description

Apply your knowledge of the AICPA’s Peer Reviewer program to a practicalapplication case study. This course features realistic case studies that encompassthe most important elements of a system peer review, as well as several casestudies pertaining to an engagement review. As a current or future team and/orreview captain, you learn to successfully plan for, perform, and report on bothsystem and engagement reviews. You are also introduced to the administrativeand committee roles in the peer review program.

Designed For

Objectives

When you complete this course you will be able to:• Analyze the process of how to effectively plan system andengagement peer reviews.• Identify steps needed to understand a firm’s system of quality control.• Identify procedures used in testing the firm’s system.• Identify issues that affect an organization or audit firm.• Identify procedures that should be performed prior to accepting a peerreview engagement.

Major Subjects

This course uses an application-based case study approach to cover the followingtopics:• Pre-acceptance considerations• Planning considerations• Performing a peer review, including:• Engagement selection• Risk assessment• Compliance testing• Evaluating matters• Reporting on a peer review