Have You Considered Becoming a Peer Reviewer?

 

 


 

Have You Considered Becoming a Peer Reviewer?

The following questions may help you decide.

What are the benefits of being a peer reviewer?

You: 

  • Are seen as an expert in your field and gain increased respect from your colleagues
  • Help firms achieve their A&A practice goals and enhance the quality of their A&A practices
  • Identify best practices of other firms (which may be applied to other peer review clients and to your own firm!)
  • Gain a broader practice knowledge through the peer review process, which will help sharpen your skills and reinforce your strengths
  • Create the opportunity to add an additional profit center for your firm
  • Receive referrals for additional consulting services as a result of performing peer reviews
  • Enhance the value of the profession’s self-regulatory efforts and contribute to the quality of the profession.

What are the qualifications necessary to become a reviewer?

You must:

  • Be a member of the American Institute of Certified Public Accountants (AICPA)
  • Be currently active in public practice at a supervisory level in the accounting and auditing function
  • Be associated with a firm that has received a report with a peer review rating of "pass"
  • Possess current knowledge of professional standards
  • Have five years of recent public accounting experience in the accounting and auditing function
  • Have completed a peer review resume form.

How do I become a peer reviewer?

Visit the AICPA website for expanded information on the requirements, mentoring program, reviewer training information, peer review standards, and much more.

Additional questions? Contact Practice Programs Manager Bonnie Olivieri at bonnieo@ctcpas.org or 860-258-0213.