CPE & Events Catalog
Peer Reviews of Firms with Alternative Practice Structures
Conducting an effective peer review of a firm with an alternative practice structure (APS) requires a solid understanding of its organizational framework and investors. Review procedures are tailored to this context.
You’ll gain insight into:
- What an APS is
- How it typically operates
- The various investment models
- The independence implications that result
The session will also cover how to use the APS peer review checklist to gather and document the right information, enabling an efficient technical review and RAB evaluation.
Learning Objectives
- Identify what an APS is and how an APS typically works.
- Recognize different APS investment models.
- Distinguish levels of investment and why that’s important.
- Recognize independence implications.
- Identify key information to be collected and documented.
Event Level: Basic
Field of Study: Auditing
Who Should Attend
Peer reviewers
Required Knowledge
none
