Peer Review Checklists for Team Captains 


Please note, for reviews that commenced before January 1, 2017, archives of the checklists and forms are here.



REMINDER: Peer Review Guidance and Practice Aid Changes Effective January 2017

During 2016, the AICPA Peer Review Board (PRB) approved significant changes to the Peer Review Standards, Interpretations, other related guidance and practice aids, which were effective for reviews commencing on or after January 1, 2017. These changes impact all phases of a peer review – planning, execution and reporting.

For more information, see the October 2016 Reviewer Alertthis webpage or the May 2017 PRB Materials.

For updates, continue to monitor Reviewer Alerts.

 

In performing peer reviews, review teams must complete all relevant programs and checklists issued by the AICPA Peer Review Board in a professional manner. Failure to do so may cause a presumption that the review has not been performed in conformity with the Standards governing the Program.

Profiles: If you would like to email the Engagement Profile to the firm, we have provided files containing only the Profiles. The section number is included in the header on all pages and the title is included in the header on odd-numbered pages. We added a "P" to the checklist section number to differentiate them from the regular checklists. Download the
Engagement Profiles.

 
Quality Control Considerations for System Reviews:
Peer reviewers should consult the new Q&A: Quality Control Considerations for System Reviews tool to assist with their understanding of the Statement on Quality Control Standards (SQCS) No. 8 and how those quality control (QC) standards should be considered during a system peer review in which the new Guidelines for Review and Testing of QC Policies and Procedures Checklists (PRP Sections 4500, 4550, 4600 and 4650) are used. 

4,000 System Reviews
Section
Number
Month Last Modified (Effective First of Subsequent Month)
Section Title
4,100 04/2017 (prev. 02/2017) Instructions to Firms Having A System Review
4,200 02/2017 (prev. 12/2016) Instructions to Reviewers Performing System Reviews
4,250 12/2016 (prev. 01/2015) Examples of Deficiencies and Case Studies on Writing Deficiencies
4,300 Eliminated 01/01/2017 (prev. 05/2015) ELIMINATED 01/01/2017 - Quality Control Policies and Procedures Documentation Questionnaire for a Sole Practitioner with No Personnel  (Note: Firms should use other resources to document their systems of quality control.)
4,400 Eliminated 01/01/2017 (prev. 05/2015) ELIMINATED 01/01/2017 - Quality Control Policies and Procedures Documentation Questionnaire for Firms with Two or More Personnel (Note: Firms should use other resources to document their systems of quality control.)
4,500 12/2016 (prev. 05/2015) Guidelines for Review of Quality Control Policies and Procedures for a Sole Practitioner with No Personnel
4,550

New 

  Guidelines for Testing Compliance with Quality Control Policies and Procedures for a Sole Practitioner with No Personnel
4,600 12/2016 (prev. 05/2015) Guidelines for Review of Quality Control Policies and Procedures for Firms with Two or More Personnel
4,650

New 

  Guidelines for Testing Compliance with Quality Control Policies and Procedures for Firms with Two of More Personnel
4,700 12/2016 (prev. 05/2015) Staff Interview Questionnaire
4,750 Eliminated 01/01/2017(prev. 02/2009)
ELIMINATED 01/01/2017 - Managing Partner/Chief Executive Officer Interview (Note: Questions incorporated into Team Captain Checklist)
4,800 06/2017 (prev. 04/2017)    Summary Review Memorandum - Fillable PDF

4,800

06/2017 (prev. 04/2017)

Summary Review Memorandum - Excel File
4,850 01/2013
Disposition of the Matter for Further Consideration Form
4,900 12/2016 (prev. 06/2016) Team Captain Checklists - Fillable PDF File
4,900 12/2016 (prev. 06/2016) Team Captain Checklists - Excel File
4,950a 12/2013
Instructions for Use of Matter for Further Consideration (MFC) Form for System Reviews
4,950b 12/2013
MFC Form for System Reviews
4960a 04/2017 (prev. 12/2016) Instructions for Use of Findings for Further Consideration (FFC) Form for System Reviews
4960b 04/2017 (prev. 12/2016) FFC Form for System Reviews
 
Section 5,000 System Reviews of Firms Closely Aligned with Non-CPA Entities
 
Section Number Month Last Modified (Effective First of Subsequent Month)
Section Title
5,100 12/2016 (prev. 05/2015) Quality Control Policies and Procedures Documentation Questionnaire Supplement for Non-CPA Owned Entities Closely Aligned with a CPA Firm
5,200 Eliminated 01/01/2017 (prev. 05/2015) ELIMINATED 01/01/2017 - Supplemental Guidelines for Review of Quality Control Policies and Procedures for Non-CPA Owned Entities Closely Aligned with a CPA Firm
5,300 Eliminated 01/01/2017 (prev. 05/2015) ELIMINATED 01/01/2017 - Staff Interview Questionnaire for Non-CPA Owned Entities Closely Aligned with a CPA Firm
       
Section 20,000 Peer Review Engagement Checklists - System Reviews
       
Section Number

Month Last Modified (Effective First of Subsequent Month)

Section Title
20,100 05/2015 Instructions for Use of Peer Review Engagement Checklists
20,200 05/2015
General Compilation Engagement Checklist (For engagements performed in accordance with SSARS No. 19, Compilation and Review Engagements)
20,200A 05/2015 General Compilation Engagement Checklist (For engagements performed in accordance with SSARS No. 21, Statement for Accounting and Review Services: Clarification and Recodification)
20,250 05/2015 General Preparation Engagement Checklist (For engagements performed in accordance with SSARS No. 21, Statement for Accounting and Review Services: Clarification and Recodification)
20,300 05/2015 General Review Engagement Checklist (For engagements performed in accordance with SSARS No. 19, Compilation and Review Engagements)
20,300A 05/2015 General Review Engagement Checklist (For engagements performed in accordance with SSARS No. 21, Statement for Accounting and Review Services: Clarification and Recodification)
20,400 06/2016 (prev. 05/2015) General Audit Engagement Checklist
20,500 04/2017 (prev. 06/2016) Governmental Audit Engagement Checklist
20,600 06/2016 (prev. 11/2015) Not-for-Profit Audit Engagement Checklist
20,700 08/2016 (prev. 10/2015) Employee Benefit Plan Audit Engagement Checklist
20,800 05/2015 Prospective Financial Statement Engagement Checklist
20,900 05/2015 Agreed-Upon Procedures Engagement Checklist
21,000 05/2015 Other Attestation Engagement Checklist
21,050 05/2015 Review Attestation Engagement Checklist
21,100 05/2015 Reporting on Controls at a Service Organization Checklist (SOC1 ® Reports)
21,150 05/2015 Reporting on Controls at a Service Organization Checklist (SOC2 ® Reports)
21,200 04/2014 Public Company Accounting Oversight Board Audit Engagement Checklist
22,000 01/2015
Engagement Checklist Supplements - System Reviews
22,010 04/2014
Supplemental Checklist for Review of Banks and Savings Institutions Audit Engagements (For Financial Statements With Periods Ending on or after December 15, 2012)
22,040 04/2014
Supplemental Checklist for Review of Construction Contractor Engagements
22,060 04/2014
Supplemental Checklist for Review of Common Interest Realty Associations (For Financial Statements With Periods Ending on or after December 15, 2012)
22,070 04/2014
Supplemental Checklist for Review of Engagements of Health Care Organizations
22,080 04/2014
Supplemental Checklist for Review of Audits of For-Profit Housing and Urban Development (HUD) Engagements (For Financial Statements With Periods Ending on or after December 15, 2012)
22,090 04/2014

Supplemental Checklist for Review of Personal Financial Statement Engagements (For Financial Statements With Periods Ending on or after December 15, 2012)

22,100A 11/2015 (prev. 04/2014)
Part A Supplemental Checklist for Review of Single Audit Act/A-133 Engagements
 22,100
Part A-UG
 06/2016   22100 Part A-UG Supplemental Checklist for Review of OMB Single Audit Engagements (Uniform Guidance)
22,100B 11/2015 (prev. 04/1014)
Part B Supplemental Checklist for Review of Single Audit Act/A-133 Engagements
 22,100 Part B-UG  06/2016   22100 Part B-UG Supplemental Checklist for Review of OMB Single Audit Engagements (Uniform Guidance)
 22,110  05/2016 (prev. 11/2015)   Supplemental Checklist for Review of Audit Engagements Performed in Accordance With Government Auditing Standards (Yellow Book) December 2011 Revision
 22,120  05/2016 (prev. 11/2015)   Supplemental Checklist for Review of Agreed Upon Procedures and Other Attestation Engagements Performed in Accordance With Government Auditing Standards (Yellow Book) December 2011 Revision
22,130  05/2016   Supplemental Checklist for Review of Audit Engagements of State and Local Governments Participating in Defined Benefit Pension Plans Subject to GASB Statement No. 68
22,160 05/2015 Supplemental Checklist for Review of Broker-Dealer Audit Engagements
22,300 05/2015 Financial Reporting and Disclosure Checklist
22,400 04/2014
FRF for SMEsTM Financial Reporting and Disclosure Checklist
22,500 04/2014 IFRS Financial Reporting and Disclosure Checklist (for Financial Statements with Years Beginning on or After January 1, 2013)
       
Zip File 06/2017 (prev. 04/2017) Download all System Review Team Captain Materials

 




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