In accordance with the Revised Peer Review Standards and Guidance, effective January 1, 2009, the National Peer Review Committee (National PRC) will administer the AICPA Peer Review Program for those peer reviews previously performed under the auspices of the Center for Public Company Audit Firms Peer Review Program (CPCAF PRP). For further discussion of this “merger” of the two peer review programs, see the White Paper-Navigating Through the Revised Standards. Further related changes to this website are currently under development.

The Center for Public Company Audit Firms Peer Review Program (CPCAF PRP) was established on January 1, 2004 as the successor to the SEC Practice Section (SECPS) Peer Review Program.

The CPCAF PRP is designed to review and evaluate those portions of a firm's accounting and auditing practice that are not inspected by the Public Company Accounting Oversight Board (PCAOB) (i.e., the non-SEC issuer practice) so firms can meet their state licensing, federal regulatory and/or AICPA membership requirements.

Firms required to be registered with and inspected by the PCAOB must be enrolled in the CPCAF PRP and have a peer review under that Program’s Standards (regardless of membership in the Center for Public Company Audit Firms). To download a form to enroll in the CPCAF PRP, please click here.

Firms that are not required to be registered with and inspected by the PCAOB may elect to have a peer review under either the CPCAF PRP or the AICPA PRP. If your firm is not required to be registered with and inspected by the PCAOB and you want to resign from the CPCAF PRP and enroll in the AICPA PRP, please click here.

All firms that have a CPCAF PRP peer review will have results of their peer review placed in a file available to the public.

Firms and peer reviewers should refer to the AICPA PRP website for additional information relevant to both of the AICPA’s practice monitoring programs.

Are you interested in becoming a peer reviewer? Peer reviewers have found that performing peer reviews has enhanced their knowledge of professional standards, allowing them to provide better client service by observing and understanding techniques of other accounting firms.