QM Implementation & Your Next Peer Review
Quality management (QM) standards established by the AICPA took effect on Dec. 15, 2025, for all firms performing attest services. The firm's implementation of QM standards will be evaluated during the system review process, and non-implementation of any part will have a direct result in the peer review rating.
View QM implementation resources and roundtable discussions on MICPA Connect.
Peer Review Standards & Guidance
- Yellow Book (Government Auditing Standards)
- 2024 revision introduces risk-based quality management effective for periods beginning Dec. 15, 2025.
- Quality system must be in place by Dec. 15, 2025; evaluated by Dec. 15, 2026.
- Quality Management Resources
- Additional Guidance
Specialized Resources
- Independence
- Revenue Recognition
- Audit Documentation
- Risk Assessment
Ethics Resources
- AICPA Ethics Library (Code of Conduct, guides, Q&A)
- Professional Ethics Executive Committee (PEEC)
- Projects and exposure drafts
- Meetings: Register to attend quarterly PEEC meetings and find a link to PEEC meeting agendas and minutes.
- File a complaint (against an AICPA member)
Transparency & Reports
Become a Reviewer
- Being a reviewer can give your firm access to an entirely new client pool. Current reviewers have also indicated that being a reviewer helps to ensure their firm is providing services that meet high standards of quality.
- Resources:
Help & Support
- MICPA PRIMA Assistance
- Mon–Fri, 8:00 am–5:00 pm ET
- Contacts: Karen Guerra (248.267.3718), Bonnie Schmidt (248.267.3751)
- AICPA Assistance (Mon–Fri, 8:00 am–8:00 pm ET)
- PRIMA Firm Help: 919.402.4502, press 1
- PRIMA Reviewer Help: press 2
- Peer Review Standards & Process: press 3
- Issue Advisory Hotline: press 4
Contact Peer Review Department