Peer Review e-Newsletter Articles

Periodically the Peer Review Office issues newsletters to all of our reviewers alerting them about new requirements or problem areas that were being encountered. In prior years, these newsletters were issued in hard copy and were called The Exit Conference . Starting in 2005, the newsletters were sent out as an e-mail and were called e-Newsletter.
Some of the items in the newsletters were time sensitive and some were of lasting value. To assist new reviewers and to help remind experienced reviewers of the different concerns, certain articles from these newsletters were updated. The titles of these articles are listed below and the entire article presented on the following pages:

General Guidance

Significant Deficiencies
Reporting on 101-3 Problems
Classification Problems (Short/Long Term Debt)
Statements of Cash Flows
Monitoring
Follow-Up
Peer Reviewer’s Alerts  
Increasing Level of Service
System Reviews Performed Off Site
Accelerated Peer Reviews
Governmental Entities
Comparative Reports
Center Firms
Qualifying Governmental CPA
Audit Alert
Team Captain/Reviewer Feedback

Reporting Issues

Options in Report Peer Review Recommendations
Engagement Identifications

LOC Issues

Closing the Loop on Documentation Findings
Closing the Loop
Repeat Findings
Repeat Findings in System Reviews

Workpaper Issues

Support for Isolation Determinations
Excluding Deficiencies
Dates on Firm’s Representation Letters
Engagement Summary Forms for Engagement/Report Reviews
Maintaining Documentation
Bookkeeping Hours
Timely Submission of Peer Review Documents
System Review Risk Assessment
Audit Checklist