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. |
