Minn. R. agency 102, ch. 1105, pt. 1105.4600

Current through Register Vol. 49, No. 20, November 12, 2024

Part 1105.4600 - PEER REVIEW

For the purpose of parts 1105.4600 to 1105.5500, the terms in this part have the meanings given.

A. "Peer review" has the meaning given in Minnesota Statutes, section 326A.01, subdivision 12.

B. "Report acceptance body" or "administrating entity" means the organization that accepts the peer review report from the reviewer, reviews it, and determines what, if any, action the firm shall take in order to bring the firm's practice up to the professional standards.

C. "Reviewer" means the licensee or firm selected to conduct the peer review who is not affiliated with the licensee or firm being reviewed. The Public Company Accounting Oversight Board is also considered a reviewer.

Minn. R. agency 102, ch. 1105, pt. 1105.4600

27 SR 1425; 33 SR 476

40 SR 953

42 SR 736

48 SR 349

Statutory Authority: MS s 326.18; 326A.02