A process in a professional firm whereby one or more professionals
reviews and critiques the work of another professional within the
organization on a given project. Underwriters consider peer reviews a key
element in preventing claims against professional firms. Accordingly, peer
reviews should be conducted on every major engagement, with the work
reviewed by at least one professional who did not personally perform it.
Peer review is especially important on large-scale service projects in which
less experienced members of a firm performed the bulk of the work.
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