Future of Practice Monitoring

Today's business environment is increasingly complex and fast-paced. The paper titled "Evolving the CPA Profession’s Peer Review Program for the Future: A provocative vision of what practice monitoring could become," released on December 15, 2014, puts forth a Concept that would transform peer review. Marrying human oversight with technology, the Concept would cover both internal and external monitoring of firm activities to encompass all accounting, auditing and attestation engagements firms perform for private entities.

Future of Practice Monitoring Infographic

Click the image below to get a close-up of how practice monitoring could look in the future.

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AICPA TV

Evolving the CPA Profession's Peer Review Program for the Future
What could practice monitoring look like in the future?  A new concept paper reimagines the CPA profession's peer review program. This video highlights the concept and describes the purposely provocative vision.

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