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PEER REVIEW (AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS)

 

The AICPA (the American Institute of CPAs is the world’s largest member association representing the accounting profession. 

AICPA Mission and History

Founded  in 1887, the AICPA represents the CPA profession nationally regarding  rule-making and standard-setting, and serves as an advocate before  legislative bodies, public interest groups and other professional  organizations. The AICPA develops standards for audits of private  companies and other services by CPAs; provides educational guidance  materials to its members; develops and grades the Uniform CPA  Examination; and monitors and enforces compliance with the profession’s  technical and ethical standards.

The AICPA’s founding established  accountancy as a profession distinguished by rigorous educational  requirements, high professional standards, a strict code of professional  ethics, a licensing status and a commitment to serving the public  interest.

The American Institute of Certified  Public Accountants (AICPA) requires its member firms to undergo a peer  review every three years. A peer review is a periodic external review of  a firm's quality control system in accounting and auditing and is also  known as the AICPA's practice monitoring program.  AICPA members engaged  in the practice of public accounting are required to practice in a firm  that is enrolled in an approved practice-monitoring program such as the  Peer Review Program.

For More infomation click about AICPA peer review click link below or click on the scanned image of our most recent peer review:

https://www.aicpa.org/research/standards/peerreview/peer-review-summary.html

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