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Reviewer Qualifications

AICPA Peer Review Program Reviewer Requirements

  • Should be a member of the AICPA in good standing, (that is, AICPA membership in active, non-suspended status) licensed to practice as a CPA.
  • Should be currently active in public practice at a supervisory level in the accounting or auditing function of a firm enrolled in the program, as a partner of the firm, or as a manager or person with equivalent supervisory responsibilities. To be considered currently active in the accounting or auditing function, a reviewer should be presently involved in the accounting or auditing practice of a firm supervising one or more of the firm’s accounting or auditing engagements or carrying out a quality control function on the firm’s accounting or auditing engagements.
  • Should be associated with a firm (or all firms if associated with more than one firm) that has received a report with the peer review rating of pass for its most recent System or Engagement Review that was accepted timely, ordinarily within the last three years and six months.
  • Should possess current knowledge of professional standards applicable to the kind of practice to be reviewed, including quality control and peer review standards. This includes recent experience in and knowledge about current rules and regulations appropriate to the level of service applicable to the industries of the engagements that the individual will be reviewing.
  • Should have at least five years of recent experience in the practice of public accounting in the accounting or auditing function.
  • Provide the administering entity with information that accurately reflects the qualification of the reviewer including recent industry experience, which is updated on a timely basis.

Special Requirements for System Review Team Captains

In addition to adhering to the general requirements for a reviewer, an individual serving as a team captain on a system review should---
  • Be a partner of an enrolled firm that has received an unmodified report on its system of quality control for its accounting and auditing practice for its most recently completed peer review. If the individual is associated with more than one firm, then each of the firms the individual is associated with should have received an pass report on its most recently completed peer review of its accounting and auditing practice
  • Have completed a training course or courses that meet requirements established by the Board.

Special Requirements for Engagement Reviewers

In addition to adhering to the general requirements for a reviewer, an individual serving as a reviewer on an engagement review should ---
  • Be associated with a firm that has received, on its most recently completed peer review, either an unmodified report on its system of quality control or an unmodified report on its engagement review. If the individual is associated with more than one firm, then each of the firms the individual is associated with should have received an pass report on its most recently completed peer review of its accounting practice.
  • Have completed a training course or courses that meet requirements established by the Board.

For questions about the AICPA Peer Review Program, please contact the Peer Review Department at (317) 726-5000 or e-mail info@incpas.org.


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