The AICPA updates Peer Review Checklists annually. Your firm should consider using the relevant 2008 checklists as part of your firm's Inspection and Quality Control Programs. Taking this step may help you improve the quality of your governmental audit and attestation engagements. We have summarized below the checklists that will be applicable to your governmental, health care, and not-for-profit organization financial statement audits, your Yellow Book and Circular A-133 audits, and your HUD engagements performed under the HUD Consolidated Audit Guide.

• Governmental Audit Engagement Checklist. The questions in this checklist emphasize reporting matters and general procedures ordinarily performed by an independent auditor in the audit of financial statements of state and local governmental units.
• Not-for-Profit Audit Engagement Checklist. This checklist is for auditing and reporting on financial statements of not-for-profit organizations.
• Supplemental Checklist for Review of Engagements of Health Care Organizations. This checklist emphasizes reporting matters and general audit procedures performed in the preparation of financial statements and audits of health care organizations.
• Supplemental Checklist for Review of Audits of HUD Engagements. This checklist is for use in HUD engagements performed in accordance with the Consolidated Audit Guide for Audits of HUD Programs.
• Supplemental Checklist for Review of Single Audit Act/A-133 Engagements. This checklist is for audits of entities receiving federal government awards and grants that require audits under the Single Audit Act.
• Supplemental Checklist for Review of Audit Engagements Performed in Accordance With Government Auditing Standards (Yellow Book) 2003 Revision. This checklist is applicable to both not-for-profit and government entities.
• Supplemental Checklist for Review of Audit Engagements Performed in Accordance With Government Auditing Standards (Yellow Book) July 2007 Revision. This checklist is applicable to both not-for-profit and government entities.
• Supplemental Checklist for Review of Agreed Upon Procedures and Other Attestation Engagements Performed in Accordance With Government Auditing Standards (Yellow Book) 2003 Revision. This checklist is applicable to both not-for-profit and government entities.
• Supplemental Checklist for Review of Agreed Upon Procedures and Other Attestation Engagements Performed in Accordance With Government Auditing Standards (Yellow Book) July 2007 Revision. This checklist is applicable to both not-for-profit and government entities.