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Report Fraud

Peer review

Government Auditing Standards* require audit organizations to:

  1. establish and maintain a system of quality control that is designed to provide the audit organization with reasonable assurance that the organization and its personnel comply with professional standards and applicable legal and regulatory requirements, and;
  2. have an external peer review performed by reviewers independent of the audit organization being reviewed at least once every 3 years.

Peer reviews are carried out and coordinated by the Association of Pacific Island Public Auditors (APIPA). The goal of a peer review is to promote quality in the auditing services provided by public auditors. This goal both serves the public interest and enhances the significance of APIPA membership. Specific peer reviews are conducted by teams of individuals comprising executive and senior audit management from other public audit offices and certain external parties.  A peer review engagement will focus on examining both the public audit office’s system of quality control and the work performed on selected audits completed by that office. This may involve, among other things, review of specific work paper documentation, interviews of audit personnel, and evaluation of the competency, objectivity, and independence of the public audit office.

Peer Review Report 2011
Peer Review Report 2008
Peer Review Report 2005
Peer Review Report 2002

* Issued by the Comptroller General of the United States, 2011 revision, Chapter 3: General Standards, ยง3.82, “Quality Control and Assurance”.