Effective January 1, 2009, the National Peer Review Committee (NPRC) began administering those peer reviews previously performed by the CPCAF PRP in accordance with the Standards. For further details, you can download the White Paper.
Firms are required to have their peer review administered by the NPRC if they are required to be registered with and inspected by the PCAOB or if they perform audits of non-SEC issuers pursuant to the standards of the PCAOB. If your firm is not required to have its review administered by the National PRC, but it chooses to do so, please notify your current administering entity. Your firm would be subject to the NPRC administrative fee structure for reviews due after July 31, 2010 (or the former structure if your review was due prior to June 30, 2010). If your firm’s peer review is currently administered by the NPRC but is not required to be (see above) and you wish to change to another administering entity, please email us.
If your firm has been involved in a merger, acquisition, or other firm structure change, please complete the Peer Review Program Change Form and submit it. If your firm audits any SEC issuers, including broker-dealer issuers, your firm's peer review must be performed by the National PRC. For details, please read this article.
Learn more about NPRC's history. In October 2012, the National Peer Review Committee participated in its administrative oversight visit. The results were communicated in a letter and staff responded in a letter dated November 8, 2012. Results of previous procedures were communicated in May 2012, by letter and staff responded in a letter dated May 25, 2012. In September 2011, the National Peer Review Committee completed its second Annual Report on Oversight (for the years 2009, 2010 and 2011). If you have any questions, please contact us. You may also view the list of the National PRC Committee members.
Annual Report on Oversight (for the years 2009, 2010 and 2011). If you have any questions, please contact us. You may also view the list of the National PRC Committee members.
Whether you are an NPRC peer reviewer or a member of a firm enrolled in NPRC, our NPRC Resources page includes helpful information, including communications. NPRC Resources also contains links to the Standards, Practitioner's Toolkit and Q & As.
A Quality Control Materials (QCM) Review is a study and appraisal by an independent evaluator, known as a QCM reviewer, of an organization’s (provider's) system of quality control to develop and maintain the QCM, and the actual materials that result from that system. The system represents the provider’s policies and procedures that the provider has designed, and is expected to follow, when developing the materials. The Quality Control Materials (QCM) page provides information, forms and practice aids for you, whether you are a peer reviewer or a developer of Quality Control Materials.
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