PREPROPOSAL STATEMENT OF INQUIRY
Subject of Possible Rule Making: WAC 4-25-820 Quality assurance review (QAR) program.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 18.04.055(9).
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Part of the agency's fiscal year 2000 rules review, reviewing the rule for effectiveness, clarity, cost, fairness, and need. This rule, program, policies, schedules, procedures, practices have not undergone a full review by the board since its inception in 1987. The board wishes to review the QAR rule to develop a formal program to approve and perform oversight on approved peer review programs. To promote uniformity between the other state boards of accountancy, the board will also consider the QAR rule in conjunction with the model Uniform Accountancy Act that requires CPA firms to participate in the AICPA's peer review.
Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.
Process for Developing New Rule: Agency study.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by writing to Dana M. McInturff, Executive Director, Washington State Board of Accountancy, P.O. Box 9131, Olympia, WA 98507-9131, (360) 664-9194, fax (360) 664-9190, e-mail cpaboard@compuserve.com.
November 9, 1999
Dana M. McInturff, CPA
Executive Director