Recommendations for Enhancing the AICPA Peer Review Programs in a Transparent Environment.
As a result, we carefully evaluated various options to identify the best way to address the user demands for greater peer review transparency, while considering member and CPA state society concerns. As part of this process, we met with state society executives and conducted member focus groups.
After careful study, research and evaluation, we determined the best way to increase peer review transparency at this time is by using the existing peer review process to facilitate the voluntary disclosure of peer review results to state boards of accountancy (BOAs). This voluntary process is called Peer Review Facilitated State Board Access.
In addition, we expanded the visibility of our Oversight process by posting Administering Entity Oversight Visit reports.
You can find additional information on FSBA, the 2015 Annual Report on Oversight or the Administering Entity Oversight Visit reports.