- A. As a condition for issuance or renewal of permits, the Board may require applicants who are holding out to perform review or audit services to undergo quality reviews conducted not less than once every three (3) years.
- B. Quality reviews shall be conducted in such manner and in accordance with such standards as the Board may specify by rule.
- C. The rules may provide for a registrant to comply by providing documented proof of a satisfactory quality or peer review conducted for some other purpose which meets the purposes and standards of the Board quality review program within three (3) years preceding the date the Oklahoma quality review is to be conducted.
- D. Failure of any registrant to provide full cooperation with the Board or any individual acting at the direction of the Board in performing a quality review shall after notice and a hearing be subject to the penalties provided in the Oklahoma Accountancy Act.
Added by Laws 1992, c. 272, § 29, eff. September 1, 1992.