AICPA Advanced Course: Overview of the AICPA Peer Review Program Standards (ADPRT)

Date: 9/8/2008
Fargo Holiday Inn
Time: 8:15 AM - 4:00 PM (Please verify this time on your confirmation.)
8 CPE Hours
$350 Member ($320 AICPA Member)
$400 Nonmember ($370 AICPA Member)
Add $25 after 8/25/2008
Instructor: James Woy

This one-day, advanced course is designed for experienced reviewers who want to heighten their peer-review skills. It is an excellent follow-up to the AICPA’s training course, How to Conduct a Review Under the AICPA Practice-Monitoring Programs, and includes an up-to-the-minute analysis of the AICPA Peer Review Program Standards effective January 1, 2009. Enhance your ability to conclude and report peer-review findings for system, engagement and report reviews while learning about changes to the peer review standards and the risk-based approach to planning a peer review.

Upon completion of this course, participants will be able to:

• Gain an understanding of the AICPA Peer Review Program Standards effective January 1, 2009
• Increase their practice-monitoring expertise
• Enhance their ability to reach conclusions on engagement deficiencies and bridge those conclusions to their peer review findings

Major Topics:

• Overview of Standards effective January 1, 2009
• Risk-based approach to planning a system review
• Evaluating a system of quality control
• Determining the cause of and documenting engagement deficiencies
• Identify appropriate, practical solutions to system deficiencies
• Tips on writing reports and letters of comment
• Conducting exit conferences
• Refresher for engagement and report peer reviews

Designed For: Experienced reviewers who want to expand their knowledge of the peer review process
Level: Advanced
Developer: AICPA
Prerequisite: How to Conduct a Review Under the AICPA Practice-Monitoring Programs or a similar AICPA-approved introductory course and performance at one review as a team captain

About the Speaker:
James E. Woy, CPA
Anderson ZurMuehlen & Co., P.C./Butte, MT
James is an audit partner with Anderson ZurMuehlen & Co., P.C. and has over 26 years of public accounting experience. His expertise areas include nonprofit tax and auditing, pension plan audits and construction. He is Past President of the Montana Society of CPAs, serves as a technical reviewer for the MSCPA Peer Review Committee. He has served as a member of the AICPA’s Technical Issues Committee.
James is an adjunct instructor at Montana Tech of the University of Montana. He is also a frequent instructor for the Montana Society of CPAs.