Peer Review: It's Not the Same - Find Out What You Need to Know!

Highlights

• It's paperless!  Learn about PRIMA, an integrated, web-based tool for ALL users (firms, peer reviewers, technical reviewers, administering entities)
• The difference between your peer review due date and peer review period
• "BIG DOG" is Watching!
• Common engagement deficiencies and how to prevent them
• Common quality control issues
• What you need to assemble for your peer reviewer

Objectives

Is your firm ready for its peer review?  The peer review program, procedures and standards have changed dramatically.  Find out what's new and what it takes to have an effective quality control system that leads to a clean (pass) peer review report.

If you have specialized engagements such as governmental units, not-for-profit organizations, construction contractors, or employee benefit plans, this session will examine the additional issues that may come into play.

Designed For

All Hawaii firms doing attest work - Compilations, Reviews or Audits - are required to undergo a peer review once every three years.

Practitioners subject to peer review who are involved in performing accounting and auditing services for small and midsize businesses.