PEER REVIEW OVERSIGHT COMMITTEE

0020-06-.03 PEER REVIEW OVERSIGHT COMMITTEE.

(1) The Board may appoint a Committee to assist it in the implementation of the Program and or to monitor other Board-approved peer review programs.

(2) Each Committee member shall:

(a) Be an actively licensed CPA in good standing;

(b) Possess accounting, attest and peer review experience deemed sufficient by the Board;

(c) Serve a term of three (3) years but may be reappointed by the Board at the end of each term;

(d) Not be a member of the Board, or have a conflict of interest under applicable law; and

(e) Sign a confidentiality agreement indicating they will not divulge any information to the Board that would identify any firm, licensee, peer reviewer, or reviewing firm, as a result of their monitoring of the peer review process.

(3) The responsibilities of the Committee shall include the following:

(a) Monitoring approved peer review programs and reporting periodically to the Board on whether these programs meet the requirements of these rules and Tenn. Code Ann. §§ 62-1-201 et seq.

(b) Considering such other matters and performing such other duties regarding the Program as may be necessary from time to time.

Authority: T.C.A. §§ 62-1-105 and 62-1-201. Administrative History: Original rule filed August 2, 1996; effective October 16, 1996. Repeal and new rule filed June 10, 1999; effective August 24, 1999. Amendment filed August 15, 2006; effective October 29, 2006. Amendments filed June 30, 2025; effective September 28, 2025.