Mo. Code Regs. tit. 20 § 2010-5.070
Current through Register Vol. 49, No. 20, October 15, 2024
Section 20 CSR 2010-5.070 - Peer Review StandardsPURPOSE: This amendment updates the publication date of professional standards and eliminates redundant language.
PURPOSE: This rule specifies the standards for peer review.
(1) The Missouri State Board of Accountancy (the board) specifies that the "Standards for Performing and Reporting on Peer Reviews" (June 2021), as promulgated by the American Institute of Certified Public Accountants (AICPA), which is incorporated by reference in this rule, shall satisfy the requirements of section 326.289.9, RSMo. A printed copy or copy on CD-ROM of the "Standards for Performing and Reporting on Peer Reviews (June 2021)" may also be obtained from the American Institute of Certified Public Accountants, 220 Leigh Farm Road, Durham, NC 27707, or http://www.aicpa.org. This rule does not incorporate any subsequent amendments or additions.(2) The term "approved peer review program" shall mean any approved AICPA peer review program or a peer review administration program of a state board of accountancy which meets or exceeds the AICPA Standards for Performing and Reporting on Peer Reviews. AUTHORITY: sections 326.271 and 326.289.9, RSMo Supp. 2012.* This rule originally filed as 4 CSR 10-5.070. Original rule filed Nov. 3, 2003, effective June 30, 2004. Moved to 20 CSR 2010-5.070, effective Aug. 28, 2006. Amended: Filed Feb. 23, 2010, effective Aug. 30, 2010. Amended: Filed Aug. 15, 2012, effective Feb. 28, 2013. Repealed by Missouri Register January 15, 2020/Volume 45, Number 2, effective 2/29/2020Adopted by Missouri Register August 1, 2022/Volume 47, Number 15, effective 9/30/2022*Original authority: 326.271, RSMo 2001, amended 2002 and 326.289, RSMo 2001, amended 2002, 2008.