Peer Review · Panaji, Goa
Independent peer review services for CA practice units — assessing audit quality, documentation and compliance with technical and ethical standards, and helping firms secure a valid ICAI Peer Review Certificate.
Overview
Under the ICAI Peer Review framework, a practice unit's assurance work is independently examined to confirm it complies with the Standards on Auditing, professional ethics and sound quality-control systems. A valid Peer Review Certificate is now a pre-condition for accepting many audit assignments.
N D Savla & Associates supports firms both as empanelled reviewers and as advisors — helping practice units get review-ready, close documentation gaps and maintain a continuously valid certificate. It complements our broader audit & assurance practice.
What's covered
From readiness to certificate — handled end to end.
Get started →Review of your quality-control policies, documentation and standards compliance before the formal review.
Examination of audit files, engagement letters, independence declarations and review trails.
Alignment with Standards on Auditing and other technical and ethical requirements.
Practical guidance to close deficiencies identified during review.
Conducting the review as an empanelled reviewer for other practice units.
Renewal planning so your Peer Review Certificate stays valid without gaps.
Our process
Understand your practice, assignments and applicability.
Assess quality control and audit working papers.
Conduct the review and discuss findings.
Remediate gaps and support issue of the certificate.
Frequently asked questions
An independent examination of a CA practice unit's audit and assurance work by an empanelled peer reviewer under the ICAI framework, checking technical, professional and ethical standards and quality-control systems — resulting in a Peer Review Certificate.
Per ICAI's phased mandate, practice units auditing listed companies and certain other entities must hold a valid certificate before accepting such audits. The requirement has progressively widened, so check current applicability for your practice.
Compliance with Standards on Auditing and other technical standards, the firm's quality-control policies, working papers, independence and ethics, and systems for engagement acceptance, planning, execution and review.
It is valid for a defined period, after which the practice unit must be reviewed again to renew it. We help firms plan ahead so the certificate stays continuously valid.
Document quality-control policies, organise working papers, ensure engagement letters and independence declarations are in place, and align procedures with Standards on Auditing. We help firms get review-ready and fix gaps in advance.
The reviewer reports observations; once satisfied that systems and compliance are adequate, the ICAI Peer Review Board issues a Peer Review Certificate. Deficiencies are addressed before the certificate is granted.
Yes. As empanelled professionals we conduct peer reviews for other practice units and also help firms prepare for their own review — strengthening documentation, quality control and standards compliance.
A Peer Review Certificate shows a firm's audit quality has been independently assessed against professional standards, giving clients added confidence in the reliability of the audit.
Related services
Book a free consultation with a qualified Chartered Accountant in Goa. We'll assess your requirement and map a clear path to your Peer Review Certificate — no obligation.