Peer Review

Due Dates and Extensions

Upon enrollment, the AICPA/PICPA assigns an initial due date; usually the later of 18 months from the date the firm began business or 90 days from enrollment.

The due date is the date by which the working papers, report, letter of comments and letter of response, if applicable must be submitted to the administering entity. Firms should work carefully with their peer reviewer to ensure that the due date of the subsequent peer review is convenient for the firm.

AICPA members

• Peer Reviews are due six months after the three-year anniversary of the review year-end.
  

Pa. licensing requirements only

• Firms with less than three licensees - Peer reviews are due six months after the five-year anniversary of the review year-end.
  
• Firms with three or more licensees - Peer reviews are due six months after the three-year anniversary of the review year-end.
  

Extensions

A firm may find that it cannot have its peer review by the due date assigned. In these circumstances, the firm must submit a letter to PICPA prior to the due date of the review.

Ordinarily, that letter should be submitted at least 60 days prior to the due date and should cite the reasons why the firm cannot have the review. The letter also should offer an alternative date of review and due date.

Submit extension requests to:

PICPA Peer Review Division
1650 Arch Street, 17th Floor
Philadelphia, PA 19103-2099
E-mail: peerreview@picpa.org

Pa. License Renewal
Any extension requests for Pennsylvania license renewal purposes must be directed to the Pennsylvania State Board of Accountancy.

Send a written request to:

Pennsylvania State Board of Accountancy
P.O. Box 2649
Harrisburg, PA 17105-2649

Government Auditing Standards
For firms performing engagements under Government Auditing Standards (GAGAS), the U.S. General Accounting Office (GAO) does not accept extensions granted by the administering entity beyond 3 months.

For technical or practice questions regarding Government Auditing
Standards call:

Michael C. Hrapsky
Senior Project Manager,
Government Auditing Standards
U.S. Government Accountability Office
(202) 512-9535