Texas Administrative Code
Title 22 - EXAMINING BOARDS
Part 22 - TEXAS STATE BOARD OF PUBLIC ACCOUNTANCY
Chapter 527 - PEER REVIEW
Section 527.6 - Reporting to the Board

(1) a copy of the peer review report and the FLOA from the sponsoring organization, if such report has a rating of pass;

(2) a copy of the peer review report, the firm's LOR, the CAL, and FLOA if the report has a rating of pass with deficiencies or fail; or

(3) a copy of any final report resulting from any inspection by the PCAOB firm inspection program together with documentation of any significant deficiencies and findings and the firm's response.

(1) Peer review documents will be made available by the TXCPA for firms enrolled in the AICPA and TXCPA Peer Review Programs and administered by the TXCPA. Peer review documents will be made available by the TXCPA by posting such documents within 30 days of issuing its notice of acceptance to such firms on the FSBA web site. The reviewed firm must, within 10 days of receipt of the notice of completion from the TXCPA, complete the board's Peer Review Compliance Reporting form and submit it to the board along with the required documents.

(2) Firms otherwise enrolled in the AICPA peer review program (including those whose peer reviews are administered by the NPRC, and state CPA societies fully involved in the administration of the AICPA Peer Review Program) must, within 10 days of receipt of the notice of completion from the sponsoring organization, complete the board's Peer Review Compliance Reporting form and submit it to the board along with the required documents. However, this requirement may be met by allowing the firm's peer review documents to be posted on the FSBA web site, with access granted to the board within 30 days of issuing its notice of acceptance to such firms on the FSBA web site.

(3) Firms subject to the PCAOB permanent firm inspection program must, within 10 days of receipt of the notice of completion from the PCAOB, complete the board's Peer Review Compliance Reporting form and submit it to the board along with the required documents.