Are You Ready for Your Peer Review? - Nebraska Society of CPAs

Overview

Are you preparing for

Be ready for your peer review!

The peer review process is an effective way to monitor practice quality, ensuring that your firm meets high standards while protecting the public interest.

Gain a better understanding of the overall peer review process and learn how to fully prepare for your triennial review.

This webcast will help you:

Understand and compare the system and engagement review processes

Address recently issued peer review guidance and quality control requirements

Learn how both guidance and requirements affect your firm

You'll also discover the most common areas of noncompliance with professional standards and how to avoid them well before your review is due. Participants will leave this session with the resources and tools to enhance their firm's peer review quality.

Course Instructor: Tim Kindem,Dawn Brenner

Highlights

Peer review process and timeline

Quality control standards overview

Enhancing Audit Quality initiatives

Common issues identified in peer review and how to prevent them

Best practices to prepare for your firm's peer review

Peer review resources and tools

Prerequisites

A fundamental knowledge of performing A&A engagements and peer review

Designed For

Firms subject to the peer review process

Members of the Peer Review Program

Auditors

Accountants

Finance professionals

Objectives

Distinguish the steps included in the peer review process.
Determine ways to prepare for your peer review.
Analyze ways to get value from your peer review.
Determine common areas of noncompliance with professional standards.

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by AICPA. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.