Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
PROC reviews AICPA and NASBA guidance as firms prepare for new quality-management standards
Summary
The PROC heard an overview of new AICPA/NASBA resources and the peer-review program manual updates tied to the transition from quality control to quality management; members were reminded that firms must implement the new standards by December 2025.
The California Board of Accountancy’s Peer Review Oversight Committee (PROC) on Aug. 8 reviewed AICPA and NASBA updates to peer-review guidance as firms prepare to implement new quality management standards by the end of 2025. Jeffrey (Jeff) Delizer, a PROC member, summarized updated materials, reviewer alerts and changes to the peer-review program manual.
Why it matters: The transition from a system of "quality control" to a system of "quality management" shifts focus to risk-based oversight…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
