Peer Review

System Reviews determine whether or not your firm’s system of quality control conforms to the professional standards, including Statements on Quality Control Standards issued by the American Institute of CPAs (AICPA) and whether such a system is appropriately designed. These reviews cover areas such as whether or not management is meeting its responsibilities for quality within your firm (the “tone at the top”); ethical requirements such as independence, integrity and objectivity; acceptance and continuance of client relationships and specific engagements; and human resources systems, engagement performance and monitoring.

Engagement Reviews are available to firms that do not perform audits or attestation engagements. The objective of an Engagement Review is to evaluate whether engagements (and certain engagement documentation) submitted for review are performed and reported upon in conformity with applicable professional standards in all material respects.