Jeff Gendreau, PRB Education and Communications Task Force Member, and Brad Coffey, Manager – Peer Review, will discuss evaluating the design, and testing compliance with quality control policies and procedures in accordance with QC section 10, A Firm’s System of Quality Control (AICPA, Professional Standards). This session will also cover best practices and considerations related to a peer reviewer’s documentation and disposing of “No” answers identified during System Reviews.
Identify important concepts related to evaluating various functional elements from Statements on Quality Control Standards (SQCS).
Use appropriate peer review checklists to document considerations related to the evaluation of a firm’s design, and compliance with its system of quality control.
Determine appropriate procedures to perform in response to assessed risks in a firm’s system of quality control.