Peer review

TOPICS / AUDIT & ASSURANCE

August 18, 2025

A&A Focus recap: M&A trends, non-GAAP frameworks, and how quality management and peer review intersect

The August webcast explored accelerating mergers and acquisitions (M&A) in the profession, practical insights on special purpose (non-GAAP) frameworks, and how peer review will address implementation of the new quality management standards.

December 10, 2024

How the new QM standards may affect peer review

Follow these tips to ensure a smooth peer review process once the new standards take effect.

August 16, 2024

A&A Focus recap: A deep dive into SAS 145

The August webcast also covered peer review updates, more on using technology in audits, and the AICPA Financial Reporting Framework for Small- and Medium-Sized Entities.

August 1, 2024

6 ways to improve the peer review experience

A survey of seasoned peer reviewers identifies ways reviewers and the firms being reviewed can change for the better.

August 1, 2023

Peer review findings in audits of not-for-profits: What auditors need to know

Experts suggest ways to prevent common problems such as inadequate planning and risk assessment and insufficient documentation.

February 4, 2022

Clarified peer review standards approved by Peer Review Board

The AICPA Peer Review Board approved guidance that is designed to make peer review guidance for CPA firms and peer reviewers easier to read, understand and apply.

November 1, 2021

Revenue recognition: 4 top concerns noted by peer reviewers

Practitioners can successfully navigate the new standard with special attention to these topics.

October 7, 2021

Peer review: Advancing clarity and remote procedures

An AICPA manager explains the details of a recently issued exposure draft by the AICPA Peer Review Board and how someone can become a peer reviewer.

August 20, 2020

AICPA urges firms to schedule peer reviews as off-site deadline is extended

The AICPA Peer Review Board voted to continue permitting remote system reviews for CPA firms without prior approval of the administering entity for system reviews commencing before June 30, 2021.

June 22, 2020

Your peer review has been extended — now what?

CPA firms with certain peer review deadlines were granted an extension amid the havoc caused by the coronavirus pandemic. Some firms are nonetheless staying on schedule, and others are urged to at least schedule their delayed reviews so they don’t fall too far behind.

May 7, 2020

6-month delay granted for peer reviews

The AICPA Peer Review Board voted to grant automatic six-month extensions for peer reviews, corrective actions and implementation plans with original due dates between Jan. 1 and Sept. 30 of this year.

March 1, 2019

Changes related to peer review proposed for UAA

A state-by-state effort could follow.

January 4, 2019

Changes related to peer review proposed for UAA

The National Association of State Boards of Accountancy (NASBA) is proposing changes to the Uniform Accountancy Act (UAA) Model Rules related to peer review programs.

June 1, 2017

Audit documentation: Tips for getting it right

Steer clear of three common misconceptions about documentation that can derail an otherwise high-quality audit.

October 1, 2016

AICPA proposes modifying peer review reports

The board seeks a clear indication of whether a single audit was selected.

August 17, 2016

AICPA proposes modifying peer review reports, firm representation letters

Peer review reports would be modified to clearly indicate if a single audit was selected under a proposal issued by the AICPA Peer Review Board.

January 1, 2016

Changes proposed to peer review standards

Proposed changes to the AICPA’s standards for performing and reporting on peer reviews are designed to help audit firms increase focus on their quality-control systems.

December 1, 2015

A step up in standards for peer reviewers

Continued efforts to improve quality in auditing and accounting have led to new requirements for CPAs who serve as peer reviewers.

November 18, 2015

Changes proposed to peer review standards

Changes proposed by the AICPA Peer Review Board are designed to help audit firms increase their focus on the proper design and operating effectiveness of their quality-control systems.

July 1, 2015

A 6-point plan to improve audit quality

A new six-point plan released by the AICPA provides a road map for enhanced performance on audits of private companies, employee benefit plans, and governmental entities.

FROM THIS MONTH'S ISSUE

Flip out with the latest Tech Q&A

The September Technology Q&A column shows how to create dynamic to-do lists with Excel's checkboxes and also how to set up multifactor authentication texts that don't rely on phones. Flip through both items and view a video walkthrough in our digital format.