Seminar Course Description

Upcoming Peer Review: Is Your Firm Ready?

Locations

CITY STATE DATES OFFERED STATE SOCIETY WEBSITE
Birmingham Alabama Aug 23, 2017 AL
Rocky Hill Connecticut Jun 20, 2017 CT
Atlanta Georgia Jul 13, 2017 GA
Troy Michigan Oct 23, 2017 MI
Bloomington Minnesota May 19, 2017 MN
Bozeman Montana Jun 01, 2017 MT
Manchester New Hampshire Jun 28, 2017 NH
Iselin New Jersey Jun 28, 2017 NJ
New York City New York Jul 28, 2017 NY
New York City New York May 22, 2017 NY
Morrisville North Carolina Jun 21, 2017 NC
Oklahoma City Oklahoma May 15, 2017 OK
Portland Oregon Jun 08, 2017 OR
Cayce South Carolina Jan 16, 2018 SC
Cayce South Carolina Aug 24, 2017 SC

What does it take to have an effective quality control system that leads you to a clean, unmodified peer review report? Find out how to prepare for your next review and what can be done on a daily basis to create a strong quality control environment for your firm. Identify the most common, significant deficiencies that peer reviews uncover and what you can do to prevent them from occurring in your firm. Consider the process for selecting the appropriate peer reviewer and determine the right review year-end for your firm. If you have specialized engagements, such as governmental units, not-for-profit organizations, construction contractors or employee benefit plans, this course examines the additional issues that may come into play.

Learning Objective

When you complete this course you will be able to:

  • Recall how to create a firm environment that focuses on quality control.
  • Recognize the basic steps for monitoring and inspections.
  • Recall key considerations related to establishing a quality control system based on the Quality Control Standards.
  • Recognize significant recurring engagement deficiencies and how to prevent them.
  • Identify how to prepare for your next peer review – decisions to make and pulling together the right information.

Topics Dicussed

  • What to do between reviews to maintain a quality control environment and continually prepare for the next review
  • Common engagement deficiencies and how to prevent them
  • Selection process-the peer reviewer and the review year end
  • Quality control standards overview
  • What you need to assemble for your reviewer
  • Peer review wrap-up expectations
  • Solutions to common quality control issues
<< Back

COURSE CODE

SNPR

FIELD OF STUDY

  • Auditing8

CPE CREDIT HOURS

8

KNOWLEDGE LEVEL

Intermediate

INTENDED AUDIENCE

Practitioners subject to peer review who are involved in compiling, reviewing, or auditing financial statements of small and midsize businesses

PREREQUISITE

Experience in providing audit, compilation, and review services

ADVANCED PREPARATION

None

DELIVERY METHOD

Group Live

FIRST OFFERING

May 15, 2017

Email course to a friendEmail course to a friend

Contact State Societies for Public Seminar Pricing and Additional Information

Copyright © 2006-2016 American Institute of CPAs.