Peer Review Transparency

In April 2005, the AICPA Board of Directors formed a Task Force formed to review member input, the environment and peer review enhancements.  The Task Force responded to the AICPA and Peer Review Boards in February 2006 in a report titled 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 2017 Annual Report on Oversight or the Administering Entity Oversight Visit reports.