Going through your first review soon and want to get an idea what’s involved? Want to figure out how things are working since your last long-ago review?
Check out pages 4 and 5 of the Fall 2012 issue of UPDATE from the California Board of Accountancy. You can find it on this page. A direct link to the PDF is here.
I’ve been a peer reviewer for over a year now and I’m still learning the subtleties of how the program works. I know it is very complicated. When I walk CPAs through the process, I can tell it is confusing. New forms. New terminology. New report names (pass instead of unqualified).
If you are going through your first peer review or it’s been a long time since you last did so, you’ll find that summary will give you a survey of what’s involved.