Question: While the AICPA administers a peer review program for CPA firms, the PCAOB staff performs practice inspections Required: a. Identify the two basic types of

While the AICPA administers a peer review program for CPA firms,

While the AICPA administers a peer review program for CPA firms, the PCAOB staff performs practice inspections Required: a. Identify the two basic types of peer review. b. On what part of a firm's practice does the PCAOB staff focus its inspections? c. Describe a PCAOB inspection. d. Describe how the PCAOB staff selects an audit engagement for inspection

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