Upcoming Peer Review: Is Your Firm Ready?
Total Credits: 8 including 8 Auditing- Technical
- Average Rating:
- 10
- Categories:
- Accounting and Auditing | Partner Produced
- Faculty:
- Toni Lee-Andrews, CPA
- Course Levels:
- Intermediate
- Duration:
- 8 Hours
- License:
- Product Setting: Expires 40 day(s) after program date.
Description
What does it take to have an effective quality control system that leads you to a clean, unmodified peer review report? Find out how to prepare for your next review and what you can do on a daily basis to create a strong quality control environment for your firm. Identify the most common significant deficiencies that peer reviews uncover and what you can do to prevent them from occurring in your firm. Consider the process for selecting the appropriate peer reviewer and determine the right review year-end for your firm. If you have specialized engagements such as governmental units, nonprofit organizations, construction contractors or employee benefit plans, this course examines the additional issues that may come into play.
Basic Course Information
Learning Objectives*Create a firm environment that focuses on quality control
*Understand the basic steps for monitoring and inspections
*Establish quality control system based on the Quality Control Standards *Recognize significant recurring engagement deficiencies and how to prevent them
*Prepare for your next peer review - decisions to make and pulling together the right information
Major Subjects
*Maintaining a Quality Control Environment
*Preventing Common Engagement Deficiencies
*Quality Control Standards Overview
*What You Need to Assemble for your Reviewer
*Peer Review Wrap-up Expectations
*Solutions to Common Quality Control Issues
Course Materials
| 2015 CPE Credit Information (0.06 MB) | Available after Purchase | ||
| Presentation Slides - Upcoming Peer Review Webcast (0.66 MB) | Available after Purchase | ||
| Manual - Upcoming Peer Review Webcast (16.46 MB) | Available after Purchase | ||
Faculty
Toni Lee-Andrews, CPA Related Seminars and Products
Toni Lee-Andrews, CPA, is president and managing director of Andrews, Barwick & Lee, P.C. in Colonial Heights, Va. She is responsible for maintaining and monitoring the firm’s system of quality control. Toni has been in public practice for 21 years. Her practice consists of personal and business taxation, audit and accounting services and peer reviews of CPA firms. She is chair of the Virginia Society of CPAs (VSCPA) Peer Review Committee. She also serves on the American Institute of CPAs (AICPA) Joint Trial Board.
Additional Info
Basic Course Information
Advanced Preparation NoneCourse Developer Virginia Society of CPAs
Date Added to Catalog 3/16/15
Designed For Practitioners subject to peer review who are involved in compiling, reviewing or auditing financial statements of small and mid-sized businesses
Original Recording Date 8/18/15
Prerequisites Experience in providing audit, compilation and review services
Yellow Book
No
Additional Information
Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).Instructional Delivery Method Group Internet Based
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Reviews
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