SB 219 - Under current law, the Missouri State Board of Accountancy may charge a fee for oversight of peer reviews required for the renewal of an accounting firm's permit, provided the fee charged is substantially equivalent to the cost of oversight. This act repeals such provision, and replaces it with a provision granting the Board authority to obtain information regarding peer review from any approved American Institute for Certified Public Accountants peer review program.

The Board may obtain the name and address of the public accounting firm, the firm's dates of enrollment in the program, the date of acceptance and the period covered by the firm's most recently accepted peer review, and if applicable, whether the firm's enrollment in the program has been dropped or terminated.


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