Introduction

    Meaning
    Concept
    Definitions
    Scope
    Objective
    Qualifications of the Reviewer
    Members/ firms Subject to Review

Peer Review Process

    Empanelment of Reviewer
    Selection of the Practice Unit
    Stage I - Planning
    Stage II - Execution
    Stage III - Reporting
    Flow Charts - Peer Review Process
    An Illustrative Time Schedule of Peer Review Process
    Obligations of the Practice Unit
    Inherent Limitations of Peer Review

Questionnaire for Practice Units

    About Questionnaire
    Part A - Profile of Practice Unit
    Part B - General Control
    Part C - Performance of Attestation Engagements
    Part D - Ethics

Technical Standards

    Meaning
    Accounting Standards issued by the Institute of Chartered Accountants of India
    Auditing and Assurance Standards and General Clarifications issued by the Institute of Chartered Accountants of India
    Framework for the Preparation and Presentation of Financial Statements
    Framework of Statement on Standard Auditing Practices and Guidance Notes on Related Services issued by the Institute of Chartered Accountants of India
    Statements issued by the Institute of Chartered Accountants of India
    Guidance Notes issued by the Institute of Chartered Accountants of India
   Notifications/ Directions issued by the Institute of Chartered Accountants of India including those of a self-regulatory nature

Miscellaneous

    Cost of Peer Review
    Training and Development
    Referral of Disputes and Appeal
    Immunity
    Confidentiality