Section R156-26a-201 - Advisory Peer Committees Created - Membership - Duties(1) There is created under Subsection 58-1-203(1)(f) the Education Advisory Committee to the Board, consisting of one full-time faculty member from each of five or more colleges or universities in Utah that has a nationally accredited or regionally accredited program, a majority of which shall be licensed CPAs.(2) The Education Advisory Committee shall be appointed and serve under Section R156-1-205.(3) The duties and responsibilities of the Education Advisory Committee are to assist the Division in collaboration with the Board in their duties, functions, and responsibilities, and include: (a) advising the Board as to the acceptability of an educational institution;(b) assisting the Board to make a final determination under Section R156-26a-302c of whether an applicant is qualified to sit for the AICPA Uniform CPA Examination; and(c) advising the Board regarding proposed changes to rules.(4) The Education Advisory Committee shall consider the following when advising the Board of the acceptability of the educational institution: (a) the institution's accreditation;(b) the acceptability by other state licensing boards;(c) the faculty qualifications; and(d) other educational resources.(5) There is created under Subsection 58-1-203(1)(f), the Peer Review Committee to the Board, consisting of not more than ten licensed CPAs.(6) The Peer Review Committee shall be appointed and serve under Section R156-1-205.(7) The duties and responsibilities of the Peer Review Committee are to advise the Board on peer review matters, and include:(a) reviewing the results of peer reviews by administering organizations, and as the Peer Review Committee determines necessary, requiring corrective action of firms with significant deficiencies noted in the review in addition to any corrective actions required by the administering organization;(b) evaluating compliance of CPE programs;(c) performing random audits to determine compliance with the CPE requirements and the standards for CPE programs;(d) reviewing complaints and recommending whether certain acts, practices, or omissions violate the ethical standards of the profession;(e) providing technical assistance to the Division; and(f) serving as expert witnesses at administrative hearings.Utah Admin. Code R156-26a-201
Amended by Utah State Bulletin Number 2019-23, effective 11/7/2019Amended by Utah State Bulletin Number 2024-15, effective 7/29/2024