Learn more about increasing transparency of peer review process--visit new Web site.

• Position: Member news - Brief Article

At its spring meeting, the AICPA governing Council approved a resolution that supports the need for increased transparency of peer review results. To provide members with resources so they can better understand and discuss the move toward granting a broader range of stakeholders greater access to peer review information, the AICPA has launched a multi-faceted member awareness campaign.

According to AICPA Chair Robert Bunting, "As CPAs, we want everything we do--the financial statements we audit, the advice we dispense, the tax returns we prepare--to transparently communicate the facts clearly and truthfully to all our audiences. Now, we need to adopt transparency as the watchword for our own rules and procedures. Professions that want the trust and respect of the public need to lay out their internal controls for everyone to see. For CPAs, nowhere is this more relevant today than with our peer review program."

To help familiarize members with the issues related to increased transparency of peer review information and the...