September 3, 2003, letter commenting on the AICPA's May 30, 2003, Exposure Draft of Proposed Revisions to the AICPA Standards for Performing and Reporting on Peer Reviews

Published: Sep 3, 2009. Publicly Released: Sep 3, 2009.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

This letter provides the U.S. General Accounting Office's (GAO) comments on the AICPA's May 30, 2003, exposure draft of proposed revisions to the AICPA Standards for Performing and Reporting on Peer Reviews (Standards) and Interpretations to the Standards. We commend the AICPA's efforts to reevaluate the administration, performance, reporting objectives, and overall effectiveness of peer reviews conducted under the AICPA Standards. We support the AICPA's goal of designing, implementing, and maintaining a preeminent program that monitors the quality of an audit organization's accounting and auditing practice, and we are especially pleased that the proposed standards (1) clearly identify audit organization and peer reviewer responsibilities during peer review, and (2) require that individuals serving on peer review teams meet certain qualifications and conditions.

Sep 4, 2015

Aug 3, 2015

Jul 30, 2015

Jul 16, 2015

Jul 10, 2015

Jun 30, 2015

Jun 25, 2015

Jun 24, 2015

Jun 17, 2015

Looking for more? Browse all our products here