Gain an understanding of the peer review process and learn what you can do to prepare for your next peer review. We will compare the process for undergoing a System Review with that of an Engagement Review and address recent peer review guidance impacting
DESIGNED FOR
Firms subject to peer review
BENEFITS
*Identify steps in the peer review process *Identify ways to prepare for your peer review *Identify ways to get value from your peer review *Determine common areas of noncompliance with professional standards
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 *Resources and tools
COURSE LEVEL
Intermediate
PREREQUISITES
A fundamental knowledge of performing A&A engagements and peer review