The selection of the peer reviewer(s) is a critical step in ensuring that your firm's peer review is efficient, cost-effective, and adds value to your firm's quality control policies and procedures. Firms that approach this decision with due care are likely to receive the optimal benefits of the process. This selection process should begin well in advance of the firm's peer review due date. Reviews are administered by your approved state CPA societies and other approved entities (both referred to as administering entities) in accordance with policies and procedures established by the AICPA Peer Review Board. The administering entities send out requests for scheduling information to firms approximately six to nine months before the review is due. You may want to begin the reviewer selection process even before the request is received. B2a, PC. has over 40 years of audit experience and have been performing peer reviews over 15 years. |