Index to Classes

Audit Planning: A Practical Approach to Integrating the Standards

How to Perform an Executive Level Review of Accounting and Auditing Engagements

Internal Control and the COSO Report: What Every Organization Needs to Know

Financial Statement Disclosure Issues

Advanced Training for Reviewers: Current Issues in Practice Monitoring

Developing New Assurance Services in a CPA Firm

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Other Information:
  Duane Reyhl Home Page
  Detailed Author Biography
  Summary Biography
  E-mail: dreyhl@reyhl.com

Updated: April 2004

   Duane Reyhl  > Authored Classes > Advanced Reviewers' Symposium

Advanced Training for Reviewers:  Current Issues in Practice Monitoring

Category: Peer Review Level: Advanced CPE Credit: 8 hours

 

Who Should Attend:
 The course is designed primarily for peer reviewers who perform peer reviews under the  AICPA Peer Review Program.  While the course covers system reviews, the discussion about engagement matters and deficiencies applies equally to all types of reviews.  Participants should have experience performing reviews and have attended the AICPA's two day course, How to Conduct a Review Under the AICPA Practice Monitoring Programs.

Course Summary:
 The course answers perplexing questions in a practical way. Using a roundtable format that combines presentation of key points, exchange of participant ideas and group case studies, you learn how to successfully identify and solve difficult situations encountered when performing peer reviews.

Course Features:
  • Common deficiencies noted in peer reviews
  • Current A&A documentation requirements
  • Helpful, practical performance tips.
  • Practice aids to help you make critical peer reviewer judgments.
  • Extensive samples (over 100) of reports, qualifying paragraphs, and findings for letters of comments.
  • Sample solutions to deficiencies
  • Discussion tailored for participants' unique needs.

Course Topics:
  • AICPA Statements on Quality Control Standards.
  • AICPA Peer Review Board Standards for Performing and Reporting on Peer Reviews.
  • Tips on using the AICPA Peer Review Program Manual forms.
  • Peer review procedures and documentation.
  • Engagement review issues:
    • Financial statement presentation and disclosure.
    • Auditor / accountant reports.
    • SAS / SSARS procedures and documentation.
  • Peer review conclusions:
    • Engagement conclusions.
    • LOC conclusions.
    • Peer review report conclusions.
  • Effective communication with firms.
  • Report and LOC writing.

How to Register for This Course:
 Please contact your state CPA society or the AICPA Peer Review Program 

 

Author:
Duane Reyhl, CPA, is with the regional CPA firm of Andrews Hooper & Pavlik and the former technical director of the Peer Review Program, California Society of CPAs.
On-line Peer Review Information: