This session will focus on deficiencies commonly identified in Peer Reviews of smaller accounting practices and introduce the participants to the AICPAs newly released Quality Management Standards, which will have significant impacts on firms conducting attestation engagements.
Learning Objectives
- Upon completion of this course, you'll be able to:
- Recognize common deficiencies and findings in peer reviews for smaller firms.
- Analyze the implications of the AICPA’s new Quality Management Standards (QMS) on smaller firms.
- Apply panel insights to refine your firm’s quality control processes.
Major Topics
A team of peer review specialists will lead a discussion panel, providing participants with insights into common findings and deficiencies encountered during peer reviews of smaller firms. The panel will also highlight some of the more significant aspects of the recently issued AICPA Quality Management Standards and nuances that smaller firms should be aware of.
