Idaho Admin. Code r. 24.30.01.503 - EXEMPTION FROM PARTICIPATION

Current through August 30, 2021

01. Firms. A firm that does not perform any of the services in Rule 502 is exempt from peer review. The firm is to notify the Board of such exemption in writing at the time of renewal of its registration. A firm that begins providing these services is to commence a peer review within eighteen (18) months of the date of the issuance of its initial report. (7-1-21)T
02. Licensees Not in Public Practice. A licensee who does not perform any of the services in Rule 502 is exempt from firm registration and peer review. The licensee is to notify the Board of such exemption in writing at the time of initial CPA licensure and annually thereafter at the time of CPA or LPA license renewal. (7-1-21)T
03. Licensees Not Issuing Reports. A licensee who issues financial statements pursuant to Section 54221(5), Idaho Code, is exempt from peer review. (7-1-21)T

Notes

Idaho Admin. Code r. 24.30.01.503

The following state regulations pages link to this page.



State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.