2009

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    Archived 2009 Team or Review Captain Checklists 

    Updates – 2009 Engagement Checklists and Practice Aids

    The 2009 version of all documents are in PDF format. The PDF version will allow users to easily complete the checklists, eliminate formatting issues, allow users to save and print, and does not require the purchase of additional software. The latest version of Adobe Reader is available for free at http://www.adobe.com/products/acrobat/readstep2.html.

    If you do not currently have a subscription for the manual or need to follow up on your subscription, you should contact the AICPA Store at www.cpa2biz.com.

    General Notes:

    Each section of the manual has been updated for the revised Peer Review Standards, effective January 1, 2009.

    The Quality Control Questionnaires (sections 4300 and 4400) were updated in 2009. If the appropriate questionnaire is completed by the firm in adequate detail prior to January 1, 2009, it can normally be used to comply with Statement on Quality Control Standards No. 7, effective January 1, 2009. The questionnaires are not intended to be used as the quality control document for large firms with complex systems of quality of control.

    Section 22,300, the “Financial Reporting and Disclosure Checklist,” is required for the general audit, and also the general review and compilation with full disclosure engagement checklists. It is not required for compilations that omit substantially all disclosures.

    Update to HUD Audit Guide

    At the time of the development of the checklists, HUD was, and still is, in the process of updating the HUD audit guide on a chapter-by-chapter basis. This approach by HUD has made it difficult to update the HUD checklist. The status of each chapter is included in the instructions to the HUD Checklist (Section 22,090), along with the related effective dates. Therefore, in reviewing chapters that have been updated by HUD, reviewers should use the HUD checklist in conjunction with the updated chapter from the HUD audit guide. Upon completion of the HUD audit guide overhaul, this checklist will be revised to be consistent with the guide. Reviewers should also note that although chapter 2 of the HUD audit guide has not been updated in its entirety as of the date of this checklist, HUD has issued two internal control illustrative auditor’s reports (Exhibits B and B-1) to incorporate terminology from SAS 112, Communicating Internal Control Related Matters Identified in an Audit.

    Changes to ERISA Industry Codes

    The ERISA Industry Codes have been revised for the 2009 documents. The codes no longer differentiate between limited and full scope audits. A separate code has been created for ESOP plans.

    Additional Documentation

    As with the previous checklists in MS Word, if additional documentation is necessary for any checklist or practice aid item, the reviewer should attach separate pages, with the additional documentation, to the checklist or practice aid.

    Digital Signature

    The checklists and practice aids in PDF format allow the documents to be digitally signed. However, the documents can still be printed and signed manually, as well.

    The 2009 documents must be used for all peer reviews commencing on or after January 1, 2009.

     

     

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    Archived 2009 Team or Review Captain Checklists

    Checklist Download Checklists and other Material to Perform System Reviews Download Checklists and other Material to Perform Engagement Reviews Updates – 2009 Engagement Checklists and Practice Aids The 2009 version of all documents are in PDF
    Published on May 19, 2014

    Archived 2009 Team Captain Checklists

    Checklist Download all the materials you'll need to perform a system review in the Archived 2009 Team Captain Package zip file.
    Published on April 18, 2010

    Archived 2009 Review Captain Checklists

    Checklist Archived 2009 engagement review toolkit zip file.  Download all the materials you'll need to perform an engagement review.
    Published on April 18, 2010

    Archived 2009 Engagement Reviews - Review Captain Package

    Checklist The AICPA Peer Review Program Manual provides standards for administering, planning, performing, reporting on and the acceptance of peer reviews. Access links to the materials that are available to assist reviewers in conducting reviews.
    Published on April 18, 2010

    Archived 2009 Engagement Profiles

    Checklist Download the archived 2009 engagement profiles.
    Published on April 01, 2010

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