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  • Peer Review Program Change Form - Aicpa - Aicpa

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This form can also be found on our website at AICPA.org. . The Peer Review Program only applies to the accounting and auditing (A&A) portion of a firm's .

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Therefore, the firm is required to enroll in the American Institute of Certified Public Accountants (AICPA) Peer Review Program and firms that perform engagements under PCAOB standards are required to have their peer review administered by the National Peer Review Committee.

By enrolling, a firm agrees to have a peer review of its accounting and auditing practice once every three years subsequent to its initial peer review. A firm's initial review is ordinarily due 18 months from the date it enrolled (or should have enrolled) in the Program.

A firm must be peer reviewed if it does audits, reviews, compilations, and any "special reports" that purport to express an opinion that the financial statements or any material portion thereof are in ance with GAAP and the CPA firm did its engagement in ance with the Statement on Auditing Standards (SAS) ...

Firms (and individuals) enrolled in the AICPA Peer Review Program (the program) are required to have a peer review, of their accounting and auditing practice once every three years ing to the AICPA Standards for Performing and Reporting on Peer Reviews, Effective for Peer Reviews Commencing on or After May 1, ...

Due to its informal nature, the CPA performing a compilation is not required to be independent of your business. This means your current CPA can also perform your compilation for you.

PEER REVIEW MANDATE – ROLL OUT Recently, the Council of ICAI has mandated Peer Review mechanism for certain categories of firms rendering assurance services to specific class of entities, which will go a long way in enhancing the audit quality.

If a firm elects to enroll in the peer review program, and its only level of service is performing management use only compilation engagements, it is required to have a peer review. The peer review is required to be performed under these standards.

If a firm performs preparation engagements as its highest level of service, the firm is not required to enroll in the peer review program. However, if the firm chooses to be enrolled in the peer review program, a peer review is required even if preparation engagements are the only engagements performed.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232