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PROC reviews draft 2024 annual report, flags reviewer concentration and data corrections

California Board of Accountancy Peer Review Oversight Committee (PROC) · December 13, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The PROC reviewed its draft 2024 annual report, noted corrected data from CalCPA, and discussed a concentration of work among one high-volume peer reviewer; staff will expand report language, follow up on a new data element, and return an updated draft in February.

The Peer Review Oversight Committee on Dec. 13 reviewed the draft PROC 2024 annual report and received updates on peer-review oversight activities, data corrections from CalCPA, and external peer-review developments.

"Staff ask that the PROC review the draft annual report and provide feedback and edits," Michelle Center, chief of the Licensing Division, said as she guided members through the report section by section. Staff noted they will bring a revised draft back in February for final approval and requested non-substantive edits be submitted by Dec. 20.

Staff reported attending eight Report Acceptance Body (RAB) meetings and observing…

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