Peer Review Committee
Chair
Michael L. Brand
mbrand@jfnb.net
Responsibilities include:
Oversee the peer reviews administered and performed in Alabama.
Establish procedures for ensuring that peer reviews are performed in accordance with the Peer Review Standards.
Evaluate whether peer reviews have been performed in accordance with Standards.
Evaluate whether a review team's report, letter of comments, if any, and a firm's response thereto are in accordance with Standards.
Determine whether any remedial or corrective actions to improve the reviewed firm's quality of practice and/or financial reporting are required.
Monitor the corrective actions implemented to determine compliance by the firm.
Refer instances of noncooperation and disagreements between the committee and review teams or reviewed firms to the AICPA Peer Review Board.
Recommend to ASCPA Council policies governing the administration of the peer review program.
The activities of this Committee are carried out in accordance with the procedures issued by the AICPA Peer Review Board and are subject to the Board's oversight.