PRIMA Training for Enrolled Firms
and Peer Reviewers
Tracy Peterson, CPA
Manager – Peer Review Program
Housekeeping Notes
• Audio
– Ensure that your computer speakers are turned on and that the
volume is appropriately set.
• Screen display
– To increase the slide display, click the green circle icon on the
Slides header.
– To set the slide display to full screen, click the black arrow icon
on the Slides header.
• If the slides stop advancing during the presentation:
– Close out of the presentation and re-launch the webcast
• We encourage you to submit your questions at any time through the
Q&A box on the left side of your screen.
• Panelists will attempt to answer as many questions as possible. We
will also pause briefly between sections to answer questions.
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Agenda
• PRIMA Overview
• PRIMA
– General Navigation
– Peer Review Information (PRI) Process
– Scheduling (SCH) Process
– Review (RVW) Process
– Corrective Actions (COA) Process
– Resume Updates
• Questions
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PRIMA Overview
Most Significant Changes from PRISM for Firms and Peer Reviewers
• Firms and Peer Reviewers will receive email notifications to log into PRIMA to view/perform
work, letters, etc.
• Firms (Peer Review Contact) complete peer review information requests (PRI) and scheduling
information (SCH) online
• Firms undergoing an engagement review, will complete their Engagement Summary Form
online (or submit to Review Captain to complete)
• For firms undergoing a system review, their Team Captain will enter the population of
engagements online (or submit to firm to complete)
• Findings for Further Consideration (FFCs) are completed electronically like Matters for Further
Consideration (MFCs)
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Most Significant Changes from PRISM for Firms and Peer Reviewers
(Continued)
• A recommended report rating will generate for engagement reviews based upon the number of
non-conforming engagements
• Letters to acknowledge corrective actions and implementation plans are “signed” electronically
via clicking “Acknowledge” in PRIMA
• Support for corrective actions and implementations plans is sent electronically in PRIMA
• Requests for extensions, yearend changes, enrollment in the AICPA Peer Review Program,
and resignations are completed in PRIMA
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Peer Review Process Overview
Peer Review Information (PRI)
Firm
Admin
Scheduling (SCHD)
Firm
Captain
Admin
Review (RVW)
Firm
Peer Review Team
Tech Reviewer
Admin
Committee (COM)
Admin
Firm
Tech Reviewer
Corrective Actions (COA) /Implementation Plans (IMP)
Firm
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Tech Reviewer
Admin
PRIMA – General Navigation
Access to
Knowledge
Database
Peer Review Contact (Firm) PRIMA User
Firm Self
Service
Functionality
Shows open
and closed
reviews for
reviewers
Update
Resume/SOC
Specialist
App and View
Reviewer
Feedback
Access to
Knowledge
Database
Shows 5
most recent
opened
cases
Will show all
cases/tasks
assigned to
user
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Will show
information only
notifications
Shows all
letters that have
been sent to the
user within the
last 30 days
Access to
Knowledge
Database
Peer Reviewer PRIMA User
Firm Self
Service
Functionality
Shows open
and closed
reviews for
reviewers
Update
Resume/SOC
Specialist App
and View
Reviewer
Feedback
Shows 5
most recent
opened
cases
10
Will show all
cases/tasks
assigned to
user
Will show
review cases
ready for peer
review
Will show
information only
notifications
Shows all
letters that have
been sent to the
user within the
last 30 days
PRIMA – Peer Review
Information (PRI) Process
Peer Review Information (PRI)
PRI Trigger Points -- 5/1 of each year of No A&A firm (8/1 this year)
-- 210 days before due date for A&A Firm
PRI1 sent to
Peer Review
Contact (PRC)
PRC
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Enter
information &
submit to
Administering
Entity
PRC
Approve or
Request Revisions
Administrator
PRC receives
SCHED1
Peer Review Information (PRI) – Home Screen
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Peer Review Information (PRI) - Notifications
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Peer Review Information (PRI) – My Work
15
Peer Review Information (PRI) - Introduction
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Peer Review Information (PRI) – Firm Information
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Peer Review Information (PRI) – Firm Information
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Peer Review Information (PRI) – Firm Information
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Peer Review Information (PRI) – Industries & Practice Areas
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Peer Review Information (PRI) – Industries & Practice Areas
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Peer Review Information (PRI) – Industries & Practice Areas
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Peer Review Information (PRI) – Industries & Practice Areas
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Peer Review Information (PRI) – Industries & Practice Areas
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Peer Review Information (PRI) – Industries & Practice Areas
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Peer Review Information (PRI) – Industries & Practice Areas
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Peer Review Information (PRI) – Summary
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Peer Review Information (PRI) – Acknowledgement
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Peer Review Information (PRI) - Submission
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PRIMA – Scheduling (SCH)
Process
Scheduling (SCH)
PRC can replace reviewer,
send errors to reviewer or
Administrator
Enter Review
Dates, Team
Type and
Team/Revie
w Captain
(TC/RC)
PRC
Agree to Perform
Review & Select
Team Members
TC/RC
Accept
review team
&
acknowledge
Scheduling
Checks
PRC
Trigger Point – As soon as PRI case is approved for
A&A Firms
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Approve the
review &
review team
Administrator
TC/RC and
PRC receive
TC_NC_OK
Scheduling (SCH) – Home Screen
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Scheduling (SCH) – My Notifications
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Scheduling (SCH) – My Work
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Scheduling (SCH) - Introduction
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Scheduling (SCH) – Review Information
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Scheduling (SCH) – Sharing Peer Review Info
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Scheduling (SCH) – Sharing Peer Review Info
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Scheduling (SCH) – Team Type
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Scheduling (SCH) – Select Captain
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Scheduling (SCH) - Submission
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Scheduling (SCH) – Home Screen
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Scheduling (SCH) – My Work
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Scheduling (SCH) - Independence
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Scheduling (SCH) – Add Team Members
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Scheduling (SCH) – Add Team Members
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Scheduling (SCH) – Acknowledgement
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Scheduling (SCH) - Submission
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Scheduling (SCH) – Home Screen
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Scheduling (SCH) – My Work
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Scheduling (SCH) – Independence Attestation
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Scheduling (SCH) - Information
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Scheduling (SCH) - Acknowledgement
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Scheduling (SCH) - Submission
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Scheduling (SCH) - Approved
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Scheduling (SCH) - Approved
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PRIMA – Review (RVW)
Process
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Review (RVW) – Reviewer Portion
Engagement
Review
Submit
Engagement
Summary
PRC
Review Team
Reviewer
workspace
completed &
submitted to firm
Sign MFC/FFC
Submit review
to Administrator
PRC
TC/RC
System
Review
Workspace:
Confirm Review Dates
Enter Engagement Stats
Enter Non Conforming Stats
Create MFC/FFC
Upload Documents
Recommend Report Grade
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Assign TR or
request revisions
Administrator
Review (RVW) Process – My Work
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Review (RVW) Process – Engagement Review
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Review (RVW) Process – Engagement Review – Review Summary
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Review (RVW) Process – Eng Review – Review Summary
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Review (RVW) Process – Submission
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Review (RVW) Process – Home Screen
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Review (RVW) Process – My Team Reviews
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Review (RVW) – Eng Review – Review Dates
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Review (RVW) – Eng Review – Review Summary
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Review (RVW) – Eng Review – Review Summary
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Review (RVW) – Eng Review – Matters
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Review (RVW) – Eng Review – Matters
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Review (RVW) – MFCs
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Review (RVW) – MFCs
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Review (RVW) – MFCs
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Review (RVW) – Matters
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Review (RVW) – MFCs
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Review (RVW) – Eng Review – Matters
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Review (RVW) – Eng Review – DMFC
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Review (RVW) – Eng Review – Matters
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Review (RVW) – FFCs
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Review (RVW) – Eng Review – Submit to Firm
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Review (RVW) – Submit to Firm
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Review (RVW) – Firm’s Response – Home Screen
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Review (RVW) – Firm’s Response – My Work
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Review (RVW) – Eng Review - Firm’s Response – Review Summary
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Review (RVW) – Firm’s Response - Matters
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Review (RVW) – Firm’s Response - MFCs
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Review (RVW) – Firm’s Response - MFCs
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Review (RVW) – Firm’s Response - Matters
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Review (RVW) – Firm’s Response - FFCs
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Review (RVW) – Firm’s Response - FFCs
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Review (RVW) – Firm’s Response - Matters
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Review (RVW) – Firm’s Response - Submission
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Review (RVW) – Home Screen
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Review (RVW) – Eng Review - Matters
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Review (RVW) – Eng Review - Document Upload
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Review (RVW) – Eng Review - Document Upload
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Review (RVW) – Eng Review - Recommended Report Rating
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Review (RVW) – Eng Review - Error Message
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Review (RVW) – Eng Review - Document Upload
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Review (RVW) – Submission
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Review (RVW) – System Review – Review Summary
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Review (RVW) – System Review – Non-Conforming Summary
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Review (RVW) – System Review – Non-Conforming Summary
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Review (RVW) – System Review – Document Upload
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Review Process Miscellaneous Items
• The AE may request revisions from the Team/Review Captain and send the review case back
• The Technical Reviewer may request revisions from the Team/Review Captain and send the
review case back
• The Technical Reviewer may email questions to the Team/Review Captain without sending the
review case back
• Overdue process starts 14 days from the due date and may be inside or outside of PRIMA at
go-live
• Reviews delayed accepted subject to – return to Team/Review Captain for revisions
• Reviews deferred – return to Team/Review Captain for revisions
105
Review (RVW) – Corrective Actions and Acceptance Letter
106
Review (RVW) – Acceptance Letter
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Review (RVW) – Acceptance Letter
108
Review (RVW) – Acceptance Letter
109
Review (RVW) – Corrective Action Acknowledgement
110
Review (RVW) – Corrective Action Acknowledgement
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Review (RVW) – Corrective Action Acknowledgement
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Review (RVW) – Corrective Actions – My Work
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Review (RVW) – Corrective Actions -- COA
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Review (RVW) – Corrective Actions -- COA
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Review (RVW) – Corrective Actions – Submission
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Reviewer Resume Updates
Reviewer Profile
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Reviewer Resume Updates - Instructions
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Reviewer Resume Updates – Contact Info
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Reviewer Resume Updates – Qualifications & Courses
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Reviewer Resume Updates – Qualifications & Courses
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Reviewer Resume Updates – Qualifications & Courses
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Reviewer Resume Updates – Practice Areas & Industry Codes
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Reviewer Resume Updates – Practice Areas & Industry Codes
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Reviewer Resume Updates – Practice Areas & Industry Codes
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Reviewer Resume Updates – Practice Areas & Industry Codes
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Reviewer Resume Updates – Practice Areas & Industry Codes
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Reviewer Resume Updates – Practice Areas & Industry Codes
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Reviewer Resume Updates – Specialist
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Reviewer Resume Updates – Summary
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Reviewer Resume Updates – Acknowledgement
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Reviewer Resume Updates – Submission
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Resources and Links
• Getting Started in PRIMA Document
(http://www.aicpa.org/InterestAreas/PeerReview/DownloadableDocuments/GetStartPRIMA.pdf)
• Trainings and Resources on PRIMA (aicpa.org/PRIMA)
• Access PRIMA via https://prima.aicpa.org
• Knowledge Base – sign into PRIMA and click Help in the upper right-hand corner
• System notifications from [email protected]
• Send feedback or suggestions to [email protected]
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Questions?
Thank you
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