1. (a) Each CPA firm seeking a permit to practice as a CPA firm in NH shall submit an affidavit regarding peer review that complies with this section.

2. (b) The applicant shall complete and submit the “Affidavit for Peer Review” revised 10/2025 requiring the following information:

   1. (1) If the CPA firm does not issue reports, a statement indicating that the CPA firm does not issue reports and is exempt from the peer review requirement, and that the firm will:

      1. a. Notify the board within 30 days of issuing their first report;
      2. b. Enroll in an approved practice-monitoring program; and
      3. c. Complete a peer review within 18 months of the year-end of the first report issued;
   2. (2) If the CPA firm has issued its first report less than 18 months prior to the date of the affidavit, a statement indicating that the CPA firm has issued its first report less than 18 months prior to the date of the affidavit and the year-end date on such engagement;
   3. (3) If the CPA firm issues reports and has received a peer review report with a rating of pass, a statement indicating that the CPA firm has had a peer review report with the rating of pass and when the next peer review is due; and
   4. (4) If the CPA firm issues reports and has received a peer review report of pass with deficiency or deficiencies or fail reporting rating, the CPA firm shall submit a statement indicating that the CPA firm is currently taking the necessary steps to correct the deficiency or deficiencies outlined in the reviewer’s report and the date that the CPA firm shall notify the board and submit a copy of the final completion letter. If the firm receives an "Accept-provide-that" letter with corrective action(s) to complete, the CPA firm will notify the board and submit a copy of the final completion letter from the administering entity upon receipt.

3. (c) Each affidavit submitted pursuant to this section shall:

   1. (1) Include the printed name of the authorized representative of the CPA firm;
   2. (2) Be signed by the authorized representative, attesting to the accuracy and truthfulness of the affidavit; and
   3. (3) Include the date the authorized representative signed the affidavit attesting to its accuracy and truthfulness.

Source. #14399, eff 12-5-25, EXPIRES: 12-5-35 (formerly Ac 301.12)