The Peer Review Integrated Management Application (PRIMA) is the primary tool used by firms, reviewers, and the entities administering peer review to complete the peer review process. PRIMA is accessible to all AICPA and CPA.com customers whose records are linked to a public accounting firm in our records.
OK. I need a Peer Review, how do I schedule it? We have you covered. Follow this step-by-step guide.
INCPAS covers its cost of administering the Peer Review program by an annual administrative fee. This annual administrative fee covers the scheduling and processing of reviews and committee expenses. All firms enrolled in the Peer Review program are invoiced an annual fee based on this schedule.
A Firm-On-Firm Review is one in which you hire another qualified CPA firm to conduct the review. This review gives you personal assurance that the reviewer’s qualifications fit your firm’s needs. It also gives you more control over cost.
Broken down by firm size, this AICPA guide is great place to start when preparing for your review.