The Classic Partners LLP
Peer Review Auditor Services
Support for Practice Units undergoing ICAI Peer Review, and peer review services that strengthen the quality of your audit and assurance work.
Talk About Peer ReviewWhat is Peer Review?
Peer review is an ICAI quality-assurance process in which a Practice Unit's audit documentation, systems, and compliance with standards are examined by a qualified reviewer.
A valid Peer Review Certificate is required for certain assignments, including audits of listed entities. We help firms prepare for review and also assist with the documentation and systems needed to clear it confidently.
Who Needs Peer Review Support?
- CA firms and Practice Units due for peer review.
- Firms seeking a Peer Review Certificate for eligibility.
- Practice Units improving audit quality and documentation.
- Firms preparing for review for the first time.
Our Peer Review Support Services
Pre-Review Readiness
Assessment of documentation and systems before review.
Documentation Support
Help building working papers and quality records.
Standards Compliance
Aligning practice with SQC 1 and auditing standards.
Gap Remediation
Closing gaps identified during readiness checks.
Process Templates
Checklists and templates for consistent quality.
Advisory
Guidance through the peer review process end to end.
Why Choose The Classic Partners
- Qualified Chartered Accountants with hands-on audit and assurance experience.
- End-to-end support — from documentation and verification to final reporting.
- Timely delivery so you meet statutory and lender deadlines without stress.
- Transparent fees and a single dedicated point of contact.
Frequently Asked Questions
What is a Peer Review Certificate?
It is a certificate issued after a Practice Unit successfully completes ICAI peer review, confirming that its assurance work meets prescribed quality standards.
Who needs to undergo peer review?
Practice Units are covered under ICAI's mandatory peer review framework in phases, and a valid certificate is required for certain audits, including those of listed companies.
What does a peer reviewer examine?
The reviewer examines compliance with auditing and quality control standards, audit documentation, independence, and the firm's quality systems.
How can a firm prepare for peer review?
By maintaining complete working papers, following SQC 1 quality controls, and conducting a readiness check to close gaps before the review.
Can The Classic Partners help our firm get ready?
Yes. We provide readiness assessments, documentation support, and remediation so your Practice Unit can approach peer review with confidence.
Preparing for Peer Review?
Get readiness support that helps your Practice Unit clear peer review confidently.
Contact Us