Liz Gantnier, PRB Member, and Jennifer Gum, Manager – Peer Review, will discuss key issues related to the identification of nonconforming engagements such as the sufficiency of audit documentation and recent changes to peer review standards.

Learning Objectives:

• Recognize common drivers of non-conforming engagements.
• Assess various scenarios to determine if they would result in a non-conforming engagement.
• Apply peer review guidance related to non-conforming engagements.

Tom Groskopf, Technical Director – CPEA, and Tim Kindem, Senior Manager – Peer Review, will discuss the top accounting and auditing issues being processed by the AICPA’s A&A Technical Hotline.

Learning Objectives:

• Identify common audit or accounting areas that practitioners frequently ask about.
• Determine how non-compliance in those common areas impact the performance and results of a peer review.

Presenters: Brian Bluhm, PRB Member, Gary Freundlich, Technical Director – Peer Review, and Sue Lieberum, Associate Director – Peer Review

Learning Objectives:

• Evaluate materials presented, reviewer feedback, and consultation requests.
• Select the appropriate review acceptance method, including what to consider when making that selection.
• Differentiate between the two types of monitoring actions: corrective actions and implementation plans.

Presenters: Gloria Roberts, Technical Reviewer, Heather Trower, Technical Reviewer, Rachelle Drummond, Senior Manager – Peer Review, and LaVonne Montague, Senior Manager – Peer Review

Learning Objectives:

• Use updated checklists to perform technical reviews of System Reviews and Engagement Reviews.
• Apply concepts when performing technical reviews, related to engagements subject to Government Auditing Standards and Single Audit Engagements.
• Identify areas of technical reviews that result in recent findings from RAB observations.

Presenters: Jeff Gendreau, PRB Member, Karen Welch, PRB Member, and Tim Kindem, Senior Manager – Peer Review

Learning Objective:

• Provide a general review of new developments within the Peer Review process, including selection of engagements, independence matters, understanding corrective actions and consulting with your technical reviewer.

Presenters: Bob Bezgin, Peer Reviewer, and Jaime Beasley, Manager – Peer Review

Learning Objectives:

• Identify elements of the peer review process.
• Identify the use of PRIMA during the peer review process.
• Identify available resources.