Peer Review

To maintain the qualifications of a team captain or review captain, you should participate in 8 hours of CPE in peer review training within three years prior to the commencement of a review. The following classes will be offered this year by the NJSCPA and will fulfill that requirement.

The AICPA has compiled some of the most common areas of noncompliance with the risk assessment standards, and provides advice to help your firm prevent the same mistakes.

The AICPA Professional Ethics Division has released lists of deficiencies frequently found in its investigations of audits of employee benefit plans, government and not-for-profit entities over the past two years.

The New Jersey State Board of Accountancy has adopted new regulations establishing a "Peer Review Program" to monitor licensee compliance with applicable accounting and auditing standards. Here are answers to some commonly asked questions.

New Jersey is participating in the American Institute of CPAs Peer Review Facilitated State Board Access, helping to ensure a smooth transition to national implementation.

The New Jersey State Board of Accountancy recently established a new Peer Review Program to monitor license compliance with accounting and auditing standards.