As members are aware, Peer Review Mechanism put in place by the Institute, as per the Statement on Peer Review, has commenced and gaining momentum. The reviews are to be carried out by Reviewers empanelled with the Peer Review Board. The criteria for empanelment as a Reviewer is that a person should-

1. be a member;
2. possess at least ten years' experience of audit; and
3. be currently active in the practice of accounting and auditing

Applications were invited from members fulfilling the above criteria for empanelment with the Board. More than 2400 members have been empanelled as Reviewers. Applications received in the recent past are under process.

To ensure that the reviews are carried out in time and as many PUs are reviewed as possible, including those located in mofusil areas, the Board wishes to enlarge the resource pool of Reviewers. Members fulfilling the criteria mentioned above are invited to empanel themselves as Reviewers by applying in the prescribed format (available on Institute's Website www.icai.org under the link 'PEER REVIEW BOARD' or can be obtained from the Institute's Office at New Delhi) and send to Shri K. Tulsiani, Secretary, Peer Review Board, The Institute of Chartered Accountants of India, P.O. Box 7100, I.P. Marg, New Delhi 110 002.

We hope, in order to achieve the objective of Peer Review viz., enhancement in the quality of attestation services performed by the members of the Institute, cooperation would be forthcoming from the members by empanelling as a Reviewer.

Secretary,
Peer Review Board