PracticeGuru Learnings · Course
Peer Review Ready
ICAI's next peer review phase brings many more audit firms under the mandate. Find out if it applies to you and by when, then get your files, manual and register ready step by step, without panic.
New courseFirst lesson freeCertificate
Rules and sources last checked: 19 Oct 2026 · next check due January 2027. Checked against ICAI Peer Review Guidelines 2022, the Phase IV announcement (31 Dec 2025), Form 1, the fee schedule and the AQMM announcements. Each lesson lists its official sources; rules can change, so check the latest before you act.
Update log
- 19 Oct 2026: Course published. Phase IV applies from 31 December 2026 (ICAI announcement of 31 Dec 2025). AQMM scope as per ICAI announcements of 11 Aug 2025 and 10 Apr 2026.
- 13 short lessons
- about 3 hours in all
- Readiness kit: applicability checklist, timeline, registers and manual outline (Word)
- for audit firm partners and seniors
7-day money-back guarantee: 100% refund if you ask within 7 days of paying.
What you will do
Each lesson ends with a "Do this today" box. By the last lesson you know whether and when the mandate applies, and you have an assurance register, a quality control manual outline and review-ready files.
- Free Peer review without panicWhat a peer review really checks, who needs one, and a 10-question readiness test. · 12 min
- 01 Does the mandate apply to your firm?The four phases, what counts as assurance work, and the dates that matter. · 14 min 🔒 Paid
- 02 Your timeline: working back from the date you need itReview period, process time and validity, turned into your own calendar. · 13 min 🔒 Paid
- 03 Applying: Form 1, the reviewer and the feeHow to fill Form 1, pick from the panel of three, and agree the fee. · 15 min 🔒 Paid
- 04 The assurance register and your client listOne complete list of every report you signed, matched to UDIN and fees. · 13 min 🔒 Paid
- 05 Your quality control manual: what to writeA short manual that matches how the firm really works. · 14 min 🔒 Paid
- 06 Independence and ethics: the policy and the declarationsThe independence routine a reviewer expects to see. · 14 min 🔒 Paid
- 07 Client acceptance, people and monitoringAcceptance forms, HR and training records, article records, and a yearly inspection. · 15 min 🔒 Paid
- 08 What the reviewer samples, and how manyICAI's sample rules, so you know which files will be pulled. · 13 min 🔒 Paid
- 09 Getting each file review-readyA file index and a mock review using the reviewer's own checklist. · 15 min 🔒 Paid
- 10 Using the AQMM as evidenceWhen the AQMM is compulsory, and how smaller firms can use it anyway. · 12 min 🔒 Paid
- 11 The reviewer's visit and the observationsRun the visit calmly and answer the preliminary report well. · 15 min 🔒 Paid
- 12 Keeping the certificate, and what it opensValidity, renewal in time, events that end a certificate, and new doors. · 14 min 🔒 Paid
Who made this
The PracticeGuru team, who run OneClick Branding for thousands of tax professionals. Every peer review rule is cited to ICAI's own notices and guidelines, with "check the current" wherever ICAI may have changed a detail.