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AICPA Peer Review Update Course (Self-Study)

Code: JI164622

Date Valid for one year from purchase date
Format Self-Study (On-Demand)
CPE credits CPE 2.5
Field(s)
of study
Auditing - Technical (2.5)
Fees
Standard member fee $49.00
checkmarkStandard nonmember fee $59.00

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Description

This CPE course covers new requirements for peer reviewers, including those in the Peer Review Program Manual. It provides information essential to all peer reviewers, including a high-level overview of changes to standards and guidance, as well as an update on results from the Enhanced Oversight Program.

The course includes discussion of common issues relevant to peer review, including a brief discussion of the new Peer Review Integrated Management Application (PRIMA), quality control, and differences between the closing meeting and exit conference.

Who should take this program?

Peer reviewers who want to stay up to date with guidance changes and trends in peer review

Major subjects

  • PRIMA
  • Enhanced Oversight Program
  • The most common issue encountered in the Enhanced Oversight Program: documentation
  • Quality control considerations
  • Systemic causes and remediation of non-conforming engagements
  • Differences between the closing meeting and exit conference
  • Common reporting issues

Learning objective(s)

  • Identify new requirements for peer reviewers, including those in the Peer Review Program Manual.
  • Identify causes of non-conforming engagements, such as insufficient audit documentation.
  • Identify areas where peer reviewers often do not comply with relevant peer review guidance.

Notes:

Course code Code JI164622
Sponsor AICPA
NASBA ID#: 112891
Level Intermediate
Format Self-Study (On-Demand)
Prerequisites Prereq. None
Advance
prep
None