Becoming an AICPA Peer Review Team or Review Captain: Case Study Application (SMAA25A)

Wednesday, August 23, 2017 | 8:30 AM - 4:00 PM (Registration at 8:00 AM) EST | South Carolina Association of CPAs, Cayce

Instructor

Raymond Nowicki

Description

Apply your knowledge of the AICPA's Peer Reviewer program to a practical application case study. This course features realistic case studies that encompass the most important elements of a system peer review, as well as several case studies pertaining to an engagement review. As a current or future team and/or review captain, you learn to successfully plan for, perform, and report on both system and engagement reviews. You are also introduced to the administrative and committee roles in the peer review program.

Objectives

  • Analyze the process of how to effectively plan system and engagement peer reviews.
  • Identify steps needed to understand a firm's system of quality control.
  • Identify procedures used in testing the firm's system.
  • Choose recommendations for follow-up action to the administrating entity.
  • Identify the impact and effect that organizational issues have on a firm's system of quality control.

Cost

Standard Registration: $324 SCACPA Members, $424 Non-Members
AICPA Discount: ($30)
Firm Discount: ($15)
Reciprocal Discount: ($100)
Bundle and Save Discount: ($20)

Major Topics

This course uses an application-based case study approach to cover the following topics:

  • Pre-acceptance considerations
  • Planning considerations
  • Evaluation of a firm's system of quality control
  • Risk assessment
  • Engagement selection
  • Interviewing managing partners, CEOs, and staff
  • Completing a Matter for Further Consideration Form
  • Evaluation of noncompliance with Professional Standards
  • Writing peer review reports

DETAILS

Course Code:
SMAA25A

Credits:
8.00 Auditing

Field of Study:
Accounting, Auditing

Vendor:
AICPA

Course Type:
Seminars

Level:
Intermediate

Prerequisite:
Completion of the AICPA's "Becoming an AICPA Peer Review Team or Review Captain: Program Overview" online course (Acronym: PRTCO)

Advanced Preparation:
None

Location

1300 12th Street, Suite D, Cayce, SC, 29033

 

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