- (a) “Agreed-upon procedure” means a professional service whereby a CPA is engaged to issue a report of findings based on specific procedures performed on financial information prepared by or on behalf of the client, and for which attestation by the CPA is required pursuant to the agreement with the client.
- (b) “Peer review” means “peer review” as defined in RSA 309-B:3, XII, namely “a study, appraisal, or review of one or more aspects of the professional work of a person or firm that performs attest services, by a person or persons who hold certificates and who are not affiliated with the person or firm being reviewed.”
- (c) “Peer review entity” means a peer review program administrator approved by the board.
- (d) “Peer review program” means an independent review and analysis of the procedures and methodologies used by a firm in its provision of any of the services listed under Ac 405.02(a) for the purpose of determining compliance with generally accepted standards for such services and making recommendations to the firm for coming into compliance when gaps in compliance have been found.
Source. #9051, eff 12-27-07; amd by #10054, eff 1-1-12; ss by #10746, eff 1-1-15; ss by #14322, eff 9-15-25, EXPIRES: 9-15-35