Request for Information (RFI)

Accounting Peer Review Program

The Board is seeking information to create a proposal for the design and third-party administration of a limited scope peer review program.  The limitations include:

• The program would be limited to Washington firms that only provide compilation services to Washington domiciled clients.
• Washington firms that provide any audits and reviews would be excluded from this program and required to use an existing program administered by the American Institute of Certified Public Accountants (AICPA).
• Washington firms that provide compilation services to clients domiciled in other states would be excluded from this program and required to use the AICPA program.
• Washington firms or CPAs that are members of the AICPA are required by virtue of that membership to use the AICPA program and would therefore be excluded from this program.

Any firm or persons administering the program would not be required to be licensed CPA or a CPA firm. However, any administrator would need a sufficient understanding of the Statements on Standards for Accounting and Review Services, other relevant requirements, and related professional standards.

The Board would appreciate your thoughts, input and comments related to the program, and how the program could be designed and administered.

Responses to this RFI should be submitted electronically to the RFI Coordinator listed below no later than July 21, 2023.

If you have any further questions, please contact:

Jennifer Sciba
RFI Coordinator
Board of Accountancy
360-586-0952
Jennifer.sciba@acb.wa.gov