What is Peer Review?


To the Public

Peer review is a process by which a qualified CPA firm reviews the operational procedures of another CPA firm to ensure that those procedures meet certain standards. The program is intended to help the public understand the oversight of firms and gauge the ability of a firm to provide certain services at an expert level.

To Firms

Peer reviews are required of all firms that are members of the American Institute of CPAs, and all Michigan firms that perform audits, reviews or compilations relied upon by third parties. Currently, most CPA firms undergo a review of their accounting and auditing practice at least once every three years.

To Reviewers

The ability to perform peer reviews gives a CPA firm access to an entirely new client pool. In addition, the peer review process helps to ensure that firms provide services that meet high standards of quality and maintain the integrity of the profession. To find out what qualifications are necessary and how to become a peer reviewer, see the necessary qualifications at AICPA.org.

Peer Review Timeline at a Glance

The peer review process follows the steps outlined below.  From beginning to end, a peer review can take anywhere from 4 to 20 months to complete.  Please be aware that under certain circumstances, any of the steps below could take longer than indicated.

Peer Review Timeline Updated 2018

Want to Know More?

Our in-depth breakdown of the peer review timeline has information about what each step entails and what you'll need to do.

In-Depth Timeline

Important Notices

Firms are required to notify LARA directly within 30 days of receipt of a Fail (formerly Adverse) report or a second consecutive report of Pass with Deficiencies (formerly Modified). A firm’s failure to notify LARA independently may result in fines from $1,000.00 to $25,000.00.

Find Out More


National Single Audit Quality Project

The DOL is comparing firms who prepare audits that are attached to form 5500 to state licensing records.  Audits submitted to the Federal Audit Clearinghouse in 2018 could be subject to review as part of the National Single Audit Quality Study.

Email the MICPA Peer Review Department

Or Call Us

David Pickering
Peer Review Senior Manager
248.267.3751

Karen Guerra
Peer Review Specialist
248.267.3718