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Peer Review Guide > Sample Recommendations for Strengthening Quality > 15 Simple Things You Can Do

1. Maintain a critical, objective attitude when performing procedures.
2. Allow enough time to perform the engagement so that critical procedures are not rushed.
3. Set aside the completed report and financial statements for a day before reviewing them.
4. Ask a second person to review the reports or financial statements.
5. Review the accounting and auditing guides that apply to your engagements.
6. Call other practitioners, the AICPA Technical Hotline Team (888-777-7077) or a state society technical hotline for assistance with technical questions.
7. Use a financial disclosure checklist on full disclosure engagements.
8. Review financial statement disclosure checklist answers as part of the engagement review.
9. Show other members of the firm how complete a disclosure checklist. Remind them to ask for clarification about checklist questions they don’t understand.
10. Assign responsibility for maintaining current checklists and other practice aids used by the firm.
11. Subscribe to a paper or electronic service that provides practice aids.
12. Develop a habit of reviewing professional pronouncements when they are published in the Journal of Accountancy.
13. Attend an accounting and auditing update course. Summarize and report significant changes in pronouncements to other members of the firm.
14. Give your work programs a periodic "fresh look."
15. Compare the pro forma accountant or auditor reports you use to the requirements of Professional Standards to determine that the reports are current.

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© 1998-2001, Duane Reyhl, CPA
E-mail: dreyhl@reyhl.com

Updated: October 26, 2003