WSR 19-11-133

PREPROPOSAL STATEMENT OF INQUIRY

BOARD OF ACCOUNTANCY

[Filed May 22, 2019, 11:40 a.m.]

Subject of Possible Rule Making: WAC 4-30-130 What are the quality assurance review (QAR) requirements for licensed CPA firms?

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 18.04.055.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: The board of accountancy proposes amending WAC 4-30-130 to: (1) Rename the rule; (2) eliminate the thirty day notification requirement for peer review; (3) require participation in the AICPA facilitated state board access program; and (4) correct reference numbers to various WAC sections and subsections where the numbers have changed or been eliminated.

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 contacting Kirsten Donovan, Rules Coordinator, Washington State Board of Accountancy, P.O. Box 9131, Olympia, WA 98507-9131, phone 360-664-9191, fax 360-664-9190, TTY 711, email Kirsten.donovan@acb.wa.gov, web site www.acb.wa.gov.

May 22, 2019

Charles E. Satterlund, CPA

Executive Director