The peer review process is a
tool used by CPA firms to review their system of quality
control as it relates to the application of professional
accounting, auditing, and attestation standards.
The AICPA Peer Review
Program is an important part of our profession in that it
strengthens firms’ quality control and encourages firms
to improve processes and correct any weaknesses. The peer review process
adds to the public’s confidence in our
profession.
Susan Paulsen has been a
peer reviewer for over 20 years. She is a qualified Team
Captain who has met criteria to perform both engagement and
system reviews.
To be a Team Captain, a CPA must have met certain knowledge,
experience, and training requirements and be an actual AICPA
member in good standing. Team Captains must also
have been associated with a firm that received a report with
a peer review rating of pass.
Susan was also recently
appointed to the System Report Acceptance Body (RAB) of the
Washington Society of CPAs, which administers the Peer Review
Program in the state of Washington.
As a peer reviewer, Susan is
committed to helping the profession through the improvement
of each firm’s system of quality
control.
If you or your firm is
scheduled for a peer review in the near future, or would like
a consultation on the peer review process, please contact
Susan at (425) 489-3416 or email slpaulsen@paulsenmegaard.com