The AICPA's Division for CPA Firms and Quality Review Division play important roles in the profession's self-regulation activities.

Required

a. The activities of these two divisions are directed toward CPA firms. How, if at all, do these divisions have a direct impact on individual members?

b. The Division for CPA Firms has two sections. Identify the sections and discuss the similarities in their objectives and membership requirements.

c. Identify the similarities in peer review objectives of the two sections and the common responsibilities and functions of the peer review teams used by each.

d. What are the responsibilities of the Quality Control Inquiry Committee and the Public Oversight Board, and with which section are they involved?

e. What are the primary activities of the Quality Review Division?