Posts Tagged ‘journey through a peer review’
During 2012, I blogged about my peer review while going through the process.
To give you a feel for what it was like going through the review, I’ve combined those posts into one page, which you can read on the page titled “Journey through a peer review” at the top right corner of the blog. Look for the section titled “Pages.”
You can also click here.
You can find the peer review report at the AICPA web site for those CPA firms who are members of one of three special sections:
- Employee Benefit Plan Audit Quality Center (EBPAQC)
- Governmental Audit Quality Center (GAQC)
- Private Companies Practice Section (PCPS)
Since I’m a member of PCPS, you can find my report there.
Go to the Peer review public file search page to look up a firm.
Enter my firm name there and you can get a screen that lists my firm and shows a link to two documents:
You can see for yourself that I received a “pass” rating.
If a firm is a member of EBPAQC, GAQC, or PCPS, you can find their peer review report at the above page.
(Cross-post from my other blog, Nonprofit Update.)
I am pleased to report that my firm received a pass rating on the peer review which was performed in November 2012.
The peer review program is a process the CPA profession has developed to look at the quality of audit and other attestation work performed by CPAs. Firms are inspected by other firms to evaluate compliance with various professional standards.
Eighth and final report in a series.
I passed my fourth peer review.
Today I received notice that the Peer Review Committee accepted my report on January 10, 2013. That means I can talk about the report.
Seventh in a series. Field work wrapped up yesterday for my peer review. The reviewer gave me a draft report. I can’t discuss it until it is accepted by the Peer Review Committee.
The next step is for the reviewer to finish a bunch of checklists and send them to the technical reviewer. Read the rest of this entry »
Here’s part 6 of the tale of my journey through my peer review.
Today is field work. The reviewer will arrive at my office soon. Expect him to be here most of the day.
Spent a few minutes yesterday pulling together a few more documents I know he will want to see. Also set up an extra computer for his use while he reads a bunch of workpapers.
I won’t be talking about the results of the review for a long time.
Part five of my journey through the peer review process.
Since submitting the list of engagements, which I discussed last post, I got back a list of engagements my reviewer wants to look at. He will make an additional surprise selection when he arrives.
He will need a few more things before field work. I sent him a copy of the financial statements for each of the engagements he selected.
For the audits, I also filled out a profile sheet. You can see the nonprofit form here, assuming you are an AICPA member and can login to their site.