Peer Review

Keep Your CPA Firm in Compliance and Ahead of the Curve

The AICPA Peer Review program ensures public accounting firms adhere to professional standards and provide high-quality accounting and auditing services. Every three years, all firms must go through a peer review by an independent CPA firm.

Peer review isn’t just an AICPA requirement—it’s a powerful opportunity to strengthen your firm’s quality, efficiency and reputation. Participation in the AICPA peer review program helps CPA firms refine quality control policies and procedures, benchmark performance, and learn proven strategies to enhance your accounting, auditing, and attestation services.

System Review

A system review evaluates a CPA firm’s quality control system, ensuring it follows professional standards during accounting and assurance work. Conducted by an independent peer reviewer, it assesses the firm’s policies and procedures for compliance.

Firms performing engagements under auditing standards (SASs, Yellow Book) or attestation standards (SSAEs) generally undergo system reviews.

Engagement Review

Engagement reviews are for firms not required to undergo system reviews. They evaluate a firm’s financial statements and documentation for compliance with AICPA professional standards, providing limited assurance on their conformity. Firms performing only compilations, reviews (SSARS), or certain attestation services (SSAEs) undergo engagement reviews.

Let’s Strengthen Your Firm Together

Stay compliant, improve your processes, and position your firm for long-term success with the AICPA peer review. Reach out to learn more about our peer review services.