Peer Review: Insights into Common Issues

Overview

Stay ahead of the curve by exploring the most common peer review findings identified by the AICPA for the year ended June 30, 2024. This interactive seminar provides a deep dive into key deficiencies, their root causes, and the area and industries most affected. Whether your firm is approaching a peer review or actively engaged in one, this session offers valuable insights to help you strengthen compliance, improve audit quality, and enhance your firm’s overall efficiency. Don’t just meet your A&A CPE requirement, gain practical knowledge that can make a real impact on your practice.

Highlights

• Overview of AICPA's peer review findings for the year ended June 30, 2024
• Common deficiencies in financial statement preparation, audit procedures, and documentation
• Common challenges and trends in peer reviews
• Strategies for improving efficiency
• Practical steps for firms to address and prevent peer review issues
• Lessons learned from real-world peer review experiences

Prerequisites

None

Designed For

CPAs and firm leaders

Objectives

• Identify the most common peer review findings and their underlying causes.
• Apply best practices to mitigate deficiencies and enhance audit quality.
• Prepare for an upcoming peer review with greater confidence and efficiency.
• Strengthen internal quality control processes to reduce future deficiencies.

Preparation

None

Notice

Login information and eMaterials will be available in the “My CPE” section of the NESCPA website two business days prior to the seminar. Once eMaterials are downloaded, no cancellation/transfer/refund is available.