Get a streamlined approach for firms that provide only compilation and review services to establish and maintain a quality management (QM) system and pass peer review with PPC's Guide to Quality Management- Compilation and Review.
The Guide incorporates the QM standards, the AICPA peer review requirements, and includes:
- Step-by-step instructions, checklists, and practice aids for use in designing, implementing, documenting, monitoring, and remediating the firm's QM system
- Guidance on identifying risks, developing responses, and drafting policies and procedures
- Example policies and procedures documents developed from the risk assessment worksheet
- Model QM documents for different firm types, covering small firms with multiple partners and staff, as well as single partner firms with and without professional staff
- An engagement quality review chapter and practice aids to assist the reviewer and firm in complying with the requirements relating to the performance and documentation of an engagement quality review
- A peer review chapter that provides the information you need to navigate the peer review process and pass peer review
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