801-050-0040 Reporting Requirements (1) Reporting Enrollment in Peer Review Program. Every firm is required to provide the following information in writing with every application for registration and renewal of registration: (a) Certify whether the firm is or is not required to participate in a peer review program; (b) Notify the Board of any peer review sponsor changes within 21-days. (c) A firm that has previously reported to the Board that it is not subject to the peer review requirement and that subsequently engages in the performance of attestation or compilation services as defined by OAR 801-005-0010(4) and (14), shall provide written notice of such change in status to the Board before issuing a report. (2) Notice to Board. All firms are required to participate in the AICPA Facilitated State Board Access (FSBA) program. The firm must satisfy the document reporting requirements by allowing the sponsoring organization to provide the Oregon Board access to the documents via a secure website as detailed in section (3) of this rule. (3) Documents required . The following documents must be provided by the timelines below via a secured website, such as the AICPA Facilitated State Board Access (FSBA) website, or submitted directly to the Board office: (a) A firm that has not previously been enrolled or the firm is now required to enroll in a peer review program, must provide the enrollment letter within 30 days to the Board office; (b) The peer review report accepted by the sponsoring organization, within 30 days of acceptance; (c) The firm’s letter of response accepted by the sponsoring organization, if applicable, within 30 days of acceptance; (d) The acceptance letter from the sponsoring organization, within 30 days of acceptance; (e) Extension letters approved by the sponsoring organization must be sent to the Board office or available through the FSBA website within 30 days of the sponsoring organizations approval; (f) Letter(s) accepting the documents signed by the firm with the understanding that the firm agrees to take any and all action required by the sponsoring organization, if applicable, within 30 days of the firm’s execution of the letter; and (g) Letter signed by the sponsoring organization notifying the firm that all required action has been appropriately completed, if applicable, within 30 days of the date of the letter, indicating that the all required action has been completed. (4) Certification . Firms shall certify on the initial firm registration, reinstatement application, and on each renewal application, the result of the firm’s most recent Peer Review. (5) Verification . The Board may verify the certifications of peer review reports that firms provide on initial registration, reinstatement, and renewal applications. Statutory/Other Authority: ORS 673.455 & OL 2001, Ch. 638 & Sec. 12 Statutes/Other Implemented: ORS 673.455 History: BOA 1-2019, amend filed 12/19/2019, effective 01/01/2020 BOA 1-2018, amend filed 05/21/2018, effective 05/22/2018 BOA 1-2017, f. & cert. ef. 1-4-17 BOA 5-2011, f. 12-28-11, cert. ef. 1-1-12 BOA 7-2009, f. 12-15-09 cert. ef. 1-1-10 BOA 11-2005, f. 11-22-05, cert. ef. 12-15-05 BOA 6-2001, f. 12-28-01, cert. ef. 1-1-02 BOA 6-1999, f. 12-21-99, cert. ef. 1-1-00 BOA 6-1998, f. & cert. ef. 7-29-98 AB 2-1994, f. & cert. ef. 4-28-94