Peer review

The questionnaire sent by ICAI or from QRB is based on the Auditing Standard issued by ICAI. To fill the questionnaire you need to refer to the Auditing Standards issued by ICAI.

Thank you for your reply.

Is there not any filled in questionnaire or suggested answers to make the task easy? 

Many Chartered Accountant firm has gone through peer review. Thus they will have a filled questionnaire. But the same may not be applicable for your firm as standard answers are not prescribed. The answers varies from firm to firm. 

Well, thats true but still if I could get some answers then would be able get an idea of how to proceed. Thank you though, will go the standards as you suggested. 

The first phase contains the generic questions regarding the capacity of the firm like number of partners, branches, audits conducted etc. I hope you can fill this areas with the records maintained by your firm. In the second phase, you can send me the questionnaire and I can guide you how to fill it. It will not be advisable to share the responses of other firm.

Thank you so much. Kindly message me your email id so that i can send you the questionnaire.

In which column to write the fee received for the "Stock and Book Debt audits"? Will these be covered under Banks or under Other Entities?

Stock and book debts audits will not be covered under Banks. 

You can mention them in "Others"