The peer review training and the criteria for demonstrating proficiency in the standards, interpretations, and guidance of the program is established from time to time by the AICPA Peer Review Board. Those criteria are presented below.
Training Requirements for Initial Qualification
To initially qualify as a team captain on a System Review, an individual should:
1. Complete the first day of the AICPA two-day introductory reviewer training, “How To Conduct a Review Under the AICPA Practice Monitoring Program” in live seminar format
AND
2a. Complete the second day of the AICPA two-day introductory reviewer training, “How To Conduct a Review Under the AICPA Practice Monitoring Program” in live seminar format
OR
2b. Participate in the AICPA Peer Review Program Mentor Program (Mentor Program). Under the Mentor Program, the candidate must undertake significant participation as a team member on a System Review under the supervision of an approved Peer Review Mentor. Significant participation is considered to be complete when AICPA Staff notifies the individual that they have met the training requirements for initial team captain qualification under the Mentor Program. If you intend to choose this option, please see the detailed qualifications and seek out a mentor prior to foregoing the traditional live seminar two-day introductory course training option. See the AICPA Peer Review Mentoring Program page for further information.
To initially qualify as a review captain on an Engagement Review, an individual should
1. Meet the initial qualification requirements for a System Review team captain, OR
2. Complete the first day of the AICPA two-day introductory reviewer training, "How to Conduct a Review
Under the AICPA Practice Monitoring Program" in live seminar format.
Training Requirements for Ongoing Qualification
To maintain the qualifications of a team captain or review captain, individuals should participate in 8 hours of CPE in peer review training within 3 years prior to the commencement of a review. Continuing education options include:
1. Participation in the national peer review conference which provides at least 8 hours of CPE that meet the
peer reviewer continuing training requirement.
2. Participation in 8 hours of CPE in peer reviewer training in live seminar format approved by the AICPA
Peer Review Board.
Approved Peer Reviewer Training
Below you'll find the Peer Reviewer Training Courses currently approved by the Peer Review Board. The links go to a list of all of the dates and locations offered by state societies around the country. Please contact your State CPA Society to register for any of these courses and be sure to confirm the date and location as they are subject to change.
How To Conduct a Review under the AICPA Practice-Monitoring Program (HCRPM) 16 Hours
AICPA Advanced Workshop: Practical Guidance for Peer Reviewers (PTPRT) 8 Hours
AICPA Advanced Course: Overview of the AICPA Peer Review Program Standards (ADPRT) 8 Hours
COMING SOON: New Continuing Education Reviewer Training Options Available in 2013! Including Webinars and a Course Specifically for Engagement
Reviews!
ARE YOU INTERESTED IN BECOMING A PEER REVIEW MENTOR FOR A POTENTIAL TEAM CAPTAIN?
Individuals who desire to initially qualify as a team captain on a System Review have the option to demonstrate proficiency in the standards, interpretations, and guidance of the program by using practical peer review experience. Those who choose this option must complete Day 1 of the “How To” course in live seminar format and, in lieu of completing Day 2, submit evidence of significant participation as a team member on a System Review. This significant participation must be under the guidance of a qualified and approved existing team captain (mentor). If you want to be a peer review mentor, please see the detailed qualifications on the AICPA Peer Review Mentoring Program for further information.