Peer Review: Insights into Common Issues
4.00 Credits
Member Price $205
Non-Member Price $255
Overview
This event is offered in collaboration with the Iowa Society of CPAs.
Stay ahead of the curve by exploring the most common peer review findings identified by the AICPA for the year ended June 30, 2024. This interactive seminar provides a deep dive into key deficiencies, their root causes, and the area and industries most affected. Whether your firm is approaching a peer review or actively engaged in one, this session offers valuable insights to help you strengthen compliance, improve audit quality, and enhance your firm’s overall efficiency. Don’t just meet your A&A CPE requirement, gain practical knowledge that can make a real impact on your practice.
Highlights
- Overview of AICPA’s peer review findings for the year ended June 30, 2024
- Common deficiencies in financial statement preparation, audit procedures, and documentation
- Common challenges and trends in peer reviews
- Strategies for improving efficiency
- Practical steps for firms to address and prevent peer review issues
- Lessons learned from real-world peer review experiences
Prerequisites
None
Designed For
CPAs and firm leaders
Objectives
- Identify the most common peer review findings and their underlying causes.
- Apply best practices to mitigate deficiencies and enhance audit quality.
- Prepare for an upcoming peer review with greater confidence and efficiency.
- Strengthen internal quality control processes to reduce future deficiencies.
Preparation
None
Leader(s):
Leader Bios
James Martin, Unidentified Accounting Firm
James (Jim) Martin, CPA, is a true general practitioner who, for 38+ years, has specialized in both income tax and accounting and audit areas. In addition to serving the accounting and tax needs of 150 clients, Jim performs 75-80 continuing education seminars per year for CPAs and attorneys throughout the United States. Jim’s philosophy of CPE is simple: spend time on topics of applicability and relevance to all and present the topics in an entertaining and fast-moving manner. Jim also regularly consults with CPA firms throughout the United States on a variety of accounting and auditing technical issues and serves as expert counsel in litigation manners.
Non-Member Price $255
Member Price $205