NPRC History 


    The National Peer Review Committee’s predecessor, 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 was designed to review and evaluate those portions of a firm's accounting and auditing practice that were 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 were required to 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).

    Firms that were not required to be registered with and inspected by the PCAOB were able to elect to have a peer review under either the CPCAF PRP or the AICPA Peer Review Program.

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




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