P&N
has been active in providing peer reviews to members of the
Private Company Practice Section (PCPS) of the AICPA since
the inception of the program in the early 1980s. We have also
performed SEC Practice Section, now the Center for Public
Company Audit Firms, peer reviews since that time.
P&N’s
peer review team captains have more than 60 years of combined
experience in accounting and auditing. Our clients are some
of the top local and regional accounting firms in more than
20 states.
Industry
Experience
Peer review teams are often selected based on their knowledge
of the industry specialties of the firm. P&N has experience
in a wide variety of industries including, but not limited
to:
- HUD
- Not-for-Profit
- Healthcare
- Banks,
credit unions and consumer finance
- Construction
- Professional
services
- Manufacturing
- Auto
dealerships
- Municipalities
- School
districts
- Real
estate
- Insurance
- Wholesale
distribution
- ERISA
- Audits
conducted in accordance with governmental audit standards
and OMB Circular A-133
P&N Peer Review Team Experience
The P&N Peer Review team offers you the following experience
and capabilities:
- Ability
to help fulfill your requirements of membership in the AICPA's
Center for Public Company Audit Firms, Private Companies
Practice Section, and the Government Audit Quality Center
- Team
that has participated in over 300 peer or consulting reviews
for firms througout the country
- Completion
of peer review in the field, including mailing/submission
to the AICPA
- Familiarity
with programs offered by Audit Watch and PPC practice aids
- Experience
with Prosystem Fx Engagement and other paperless software
systems
- Team
members who are active in the accounting
profession
Other
Benefits of Peer Review
In
addition to meeting your AICPA practice section membership
requirements, a peer review can provide your practice with
useful analysis in a number of areas including:
- Audit
efficiency
- Risk
assessment
- Staffing
and planning
- Continuing
education
- Hiring
and advancement
- Consultation