Upcoming Peer Review: Is Your Firm Ready? (Self-Study)
Valid for one year from purchase date
Auditing - Technical (4.5)
Standard member fee
Standard nonmember fee
to receive member fee.
This CPE course will help you identify and prevent the most common significant deficiencies that peer reviews uncover, implement a process to select the appropriate peer reviewer, and determine the right review year-end for your firm. This course also examines the additional issues that may come into play if you have specialized engagements such as governmental units, not-for-profit organizations, construction contractors, or employee benefit plans.
Who should take this program?
Practitioners subject to peer review who are involved in compiling, reviewing, or auditing financial statements of small and midsize businesses
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
Create a firm environment that focuses on quality control
Understand the basic steps for monitoring and inspections
Establish a quality control system based on the Quality Control Standards
Recognize significant recurring engagement deficiencies and how to prevent them
Prepare for your next peer review -- decisions to make and pulling together the right information
NASBA ID#: 112891