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Welcome to the Peer Review Board
Chairman
CA. Anuj Goyal
Peer Review Board - Means a Board established by the Council of the Institute of Chartered Accountants of India in terms of the Statement on Peer Review, to conduct peer review.
Objectives
  • The main objective of Peer Review is to ensure that in carrying out the assurance service assignments, the members of the Institute (a) comply with Technical, Professional and Ethical Standards as applicable including other regulatory requirements thereto and (b) have in place proper systems including documentation thereof, to amply demonstrate the quality of the assurance services.

    Thus Peer Review is meant for the purpose of enhancing quality of professional work, transparency in technical standards used, world class procedures and techniques resulting into more reliable and useful audit and reports and it has no relationship whatsoever with any disciplinary or any other regulatory mechanism. The review begins with the assumption that professionals discharge their responsibilities properly and the aim of review is to enhance those attributes of professionalism that serve to keep the profession of chartered accountancy in India in the forefront of the accounting and auditing profession in the world.
Members
  • CA. Anuj Goyal, Chairman
  • CA. Jay Chhaira , Vice-Chairman
  • CA. Nihar Niranjan Jambusaria
  • CA. G Sekar
  • CA. Satish Kumar Gupta
  • CA. Rajesh Sharma
  • Shri Gyaneshwar Kumar Singh
Secretary to the Committee: CA. Sonali Das Halder

Knowledge Sharing
About Peer Review in India
Clarification of Announcement hosted on 21.09.2019 related to Effective Date of Validity of Peer Review Certificate.
Effective Date of Validity of Peer Review Certificate
Applicability of UDIN: It may kindly be noted that UDIN is NOT required to be generated for the submission of Peer Review Report.
Peer Review Board is organising Two Days National Conference on the Theme "Innovation in the Profession" on 14th & 15th December, 2019 at Chanakya Auditorium, I T S College, Mohan Nagar, Ghaziabad, 12 CPE hours will be granted.
Peer Review Board is organising National Conference 2019 on the Theme "The Power of You" on 28th & 29th December, 2019 at JSS Academy of Technical Education (Auditorium) C-20/1, Sector 62, Noida-201301, 12 CPE hours will be granted.
Validity of Peer Review Certificate
Minimum number of samples to be selected for review
Revised Statement on Peer Review
Revised Peer Review Manual
FAQs on Peer Review
Peer Reviewer Advisory
Practice Unit Advisory
Application form for Empanelment as a Reviewer
Cost of Peer Review
Illustrative Time schedule of Peer Review process
Declaration of Confidentiality to be signed by Reviewer before conducting Peer Review of Practice Units
Declaration form for Practice Units
Revised Questionnaire For Practice Units (applicable for all Practice Units for Peer Review )
Revised Reporting format of the Peer Review reports alongwith Annexure I
Annexure II to final Peer Review report (to be submitted by reviewers for level I & II Practice Units for Peer Review initiated on or after 15.01.2015 & 17.03.2017 respectively)
List of Firms who have been issued Peer Review Certificate
Articles Published in Journal of the Institute on Peer Review
Peer Review in Other Countries
Updates from PRB
Knowledge Update - 7
Knowledge Update - 6
Knowledge Update - 5
Knowledge Update - 4
Knowledge Update - 3
Knowledge Update - 2
Knowledge Update - 1
Significant Achievements of Peer Review Board
202 Training Programmes for Reviewers empanelled with the Board have been organized so far.
Live Webcasts
Live Webcast on “Documentation for Peer Review Process” organised by Peer Review Board on 11th December, 2019 from 04:00 to 06:00 pm.
Audit Documentation with special Emphasis on Bank Audit on 02.04.2019
Documentation to be maintained for Statutory Audit & Tax Audit on 27.05.2019
Circulars
Declaration to be furnished by the reviewer every year.
Listing Conditions-Amendments to the Equity Listing Agreement
Contact Us

Peer Review Board
The Institute of Chartered Accountants of India
ICAI Bhawan,
A-29, Sector 62,
Administrative Block (IInd Floor),
Noida - 201 309
Phone No. 0120-3045941/970
E-mail :- peerreviewboard@icai.in
     
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