Prince Elected to AICPA Peer Review Board
Charles Prince was elected to the AICPA Peer Review Board during the recent AICPA Spring Council meeting. He will serve a three-year term beginning May 2022 as NASBA’s regulatory representative.
Prince has over 20 years of experience in the peer review space as chair of the MSCPA Peer Review Committee and is highly recognized for his knowledge. He has also served the Society as Chairman of the Board and Treasurer. He was appointed to the Mississippi State Board of Public Accountancy by Governor Bryant in 2018 and continues to serve.
The Peer Review Board (PRB) is the senior technical committee governing the AICPA Peer Review Program. The primary activities of the PRB are to establish and conduct, in cooperation with state CPA societies, a program for AICPA members engaged in the practice of public accounting. The mission of the PRB is achieved through furthering and governing the activities of the program. This includes developing, implementing, maintaining and enhancing comprehensive Standards for Performing and Reporting on Peer Reviews (Standards) and related guidance for firms subject to peer review, those performing peer reviews and others involved in administering the program for the PRB.
The PRB promotes the continuous enhancement of quality in the performance of non-SEC accounting, auditing and attestation engagements by AICPA members and their firms enrolled in the Program and explicitly recognizes that protecting the public interest is an equally important objective of the Program.
“I’m both humbled and honored to even be considered for this role and to participate in this important self-governance function of the profession,” said Prince. MSCPA congratulates him on this prestigious milestone.