09.24.06.02

.02 Requirements for Peer Reviews.

A. In order to qualify for purposes of license or permit renewal, a peer review shall be conducted in an approved peer review program in accordance with:

(1) The Standards for Performing and Reporting on Peer Reviews of the American Institute of Certified Public Accountants; or

(2) An equivalent set of standards approved by the Board.

B. The Board shall maintain on its website a list of all approved peer review programs and standards.

C. To the extent that there is any conflict between any peer review standards approved by the Board and Maryland law or regulations, Maryland law and regulations shall prevail.