Course Information

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Peer Review and Quality Control: Upcoming Changes
Author: Perry M. Henderson, CPA, MPA

Description:
The AICPA has issued two documents that will usher in a new era in the peer review process and in systems of quality control for all firms that have accounting or auditing practices. These documents are AICPA Standards for Performing and Reporting on Peer Reviews, and Statement on Quality Control Standards No. 7, A Firm's System of Quality Control (SQCS 7).

This course highlights the most significant of the many changes that these new Standards bring to quality control and peer review. It also discusses how these changes impact the peer review process, especially reporting, and the ramifications of these new Standards for firms' systems of quality control and their quality control documents. Subjects covered in this course include:

  • An overview of the changes to the peer review process.

  • The effects of the changes to the peer review process and the quality control standards on a firm’s system of quality control.

  • Implications of these changes for firm quality control documents.

Course Details:
Price:  $30.00
Field of Study:  Auditing
Prerequisites:  None
Level:  Basic
Advanced Preparation:  None
Course was last updated on:  11/06/08
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Library:
Learning Center Core
Accounting and Audit

Technical Requirements:
To view and print downloadable content files available in this program, you will need Adobe Acrobat Reader. You can download the free Reader plugin at Adobe's website by clicking on the icon below, then following the instructions for installation on your computer.
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Credit Available For: Units
CPE 2.0 CPE
QAS 2.0 CPE
Enrolled Agent (Accepted by the IRS) 2.0 CPE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

User Reviews
Reviewer: Mischa T. submitted on 12/13/2009
critical information in an organized format
Reviewer: Brenda C. submitted on 12/07/2009
Timeliness
Reviewer: Christian S. submitted on 09/14/2009
ease of use
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