AICPA task force recommends peer review changes.
Position | AICPA News |
An AICPA task force has recommended increasing the transparency of the peer review program, including:
* Communicating the objectives, procedures and oversight results to the public through annual--and in certain cases biannual--reports issued by the AICPA and state CPA societies that administer the program.
* Requesting all state boards of accountancy to make peer review a condition of licensure; and
* Making peer review reports as concise...
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