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Thursday, August 10, 2017 Live

Becoming an AICPA Peer Review Team or Review Captain: Case Study Application (E1708141)

8:30 AM - 4:30 PM EDT

Registration: 8:00 AM EDT

APA Hotel Woodbridge

120 Wood Avenue South
Iselin , NJ 08830

8 CPE Credits in AA

OVERVIEW

Apply your knowledge of the AICPA’s Peer Reviewer program to a practical application case study. This seminar features realistic case studies that encompass the most important elements of a system peer review, as well as several case studies pertaining to an engagement review. As a current or future team and/or review captain, learn to successfully plan for, perform, and report on both system and engagement reviews.

DESIGNED FOR

Individuals who wish to serve as peer review team captains and review captains.

BENEFITS

  • Analyze the process of how to effectively plan system and engagement peer reviews
  • Identify steps needed to understand a firm’s system of quality control
  • Identify procedures used in testing the firm’s system
  • Choose recommendations for follow-up action to the administrating entity
  • Identify the impact and effect that organizational issues have on a firm’s system of quality control

HIGHLIGHTS

  • Pre-acceptance considerations
  • Planning considerations
  • Evaluation of a firm’s system of quality control
  • Risk assessment
  • Engagement selection
  • Interviewing managing partners, CEOs, and staff
  • Completing a Matter for Further Consideration Form
  • Evaluation of noncompliance with Professional Standards
  • Writing peer review reports

COURSE LEVEL

Intermediate

PREREQUISITES

Completion of the AICPA’s “Becoming an AICPA Peer Review Team or Review Captain: Program Overview” online course. (Acronym: PRTCO)

ADVANCE PREPARATION

A laptop computer and Internet connection is required for this class.

ADDITIONAL NOTES

  • *AICPA members deduct an additional $30 from applicable price.

INSTRUCTOR

Thomas Newell

Thomas E. Newell, CPA

AICPA/Professional Development Institute

Thomas E. Newell, Jr., CPA Newell and Newell, P.C. / Columbus, Georgia Thomas E. Newell, Jr. (Tom) is a shareholder in the firm of Newell & Newell, P.C., which is located in Columbus, GA. Tom started the firm with his wife, Silvia Newell, CPA in 1986. Prior to that, his public accounting experience included both local firms and international firms. Tom has performed hundreds of peer reviews and has been involved with the peer review program since 1989. Tom served on the Georgia Society (GSCPA) peer review committees from 1989 to 1993. In 1993, he was selected to be one of the technical reviewers for the Georgia Society Peer Review Program and served for nine years. During his time as technical reviewer, Tom worked with the GSCPA to move the peer review committee from in-person to online meetings. Tom has also served several years on the accounting and auditing committee at the Georgia Society. Tom has been a presenter at conferences and CPE courses for over 30 years. He has been a frequent presenter for the Georgia Society of CPAs at the Southeastern Accounting Show, Tax Forum (A&A topics), and the Accounting Institute. Tom is also a discussion leader for various continuing education courses on A&A topics for other state societies. He has made presentations at Fortune 500 companies and several government agencies on accounting and auditing, internal controls, and cybersecurity. As a presenter, Tom has been described as a dynamic speaker who is able to take a boring topic (accounting and auditing) and make it interesting. He was awarded the Surgent Outstanding Discussion Leader Award in 2015, 2016, and 2018, as a result of these skills. Tom was recognized in 2018 by the AICPA as an Outstanding Facilitator for his consistently high evaluations of knowledge and presentation skills. As the world of presentations has been changing, Tom has been a champion of moving to virtual presentations. He was involved in the early years of simulcasting by various state CPA societies, as well as the recording of video and audio self-study courses. Tom is now prepared for the next wave of change toward the totally virtual classroom that simulates a true live classroom experience. Tom graduated cum laude from Georgia Southwestern College in Americus, GA in 1980.

PRICING

$299.00 - Member

$399.00 - Nonmember

AICPA members receive a discount of $30 for this event.

Event Cancelled

This event has been cancelled.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

American Institute of CPAs