Costs
Peer Review Administration
Jessica Barillari
Peer Review Administration
Jessica Barillari
System Reviews
The cost of a System Review for an average firm will vary depending on the size and nature of the firm's accounting and auditing practice.
Engagement Reviews
Based upon the information received, the reviewer will select the types of engagements to be submitted for review. The number of engagements to be submitted for an engagement review will vary, depending on the size of the firm and the nature of its practice.
Annual fee
In addition to the review costs that will be incurred every three years, firms also pay an annual administrative fee to the WICPA to cover the costs of running the program, scheduling the review and evaluating the results of the review.