Peer Review

Articles

Analyzing MNCPA-administered peer reviews [MNCPA]
Peer reviews are being increasingly standardized, but challenges remain for some firms.

A study of 300,000 messages reveals the best way to start an email
If you've ever started an email with "Dear" – delete – "Hello" – backspace, and second-guessed yourself as to what greeting you should use, then say hello to this email eye-opener.

MNCPA Perspectives blog posts

Audit risk assessment continues to be misunderstood for several firms
Effective Oct. 1, 2018, peer reviewers began applying new guidance approved in August by the AICPA Peer Review Board. This new guidance took aim at an area that has been misunderstood...

Better late than never, part 2: There's help!
My Sept. 4 blog, "Better (12 years) late than never," discussed the new way peer reviewers are evaluating a firm's compliance with audit risk...

Systemic controls or systemic cause?
We use buzzwords as a shortcut to refer to broad concepts in business. Buzzwords can be relatively straightforward and well-accepted (“return on...

Better (12 years) late than never
This just in: Effective Oct. 1, 2018, peer reviewers will be applying new guidance approved by the AICPA Peer Review Board in August. The new guidance affects how peer reviewers will look at a firm’s compliance with audit risk assessment standards in AU-C 315 and 330.

PRIMA year 2: Getting better
It was August 2017 at the annual AICPA Peer Review Conference, and there seemed to be a word on everyone’s lips. It was muttered usually in...

Familiarity: Threat or benefit?
Is familiarity a good thing or a bad thing? The correct answer is both “yes” and “no.” As with so many things, it all depends on the situation....

BOA rule change affects peer review for new firms
Revised administrative rules were published by the Minnesota Board of Accountancy (BOA) on January 10, 2018. The most significant changes have to do...

MNCPA membership is half off

Saving 50% just makes cents, right? But the savings don’t stop there. Keep an extra $20-100 in your pocket on most seminars, conferences and webinars when you join the MNCPA. That’s in addition to members-only access to online resources, career tools and networking opportunities. 

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