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Mississippi Board agrees staff will require firms to sign agreements after deficient peer reviews
Summary
The state board voted to include a recommendation from NASBA peer review guidance in staff procedures requiring firms with deficient peer review reports to enter agreements with the Board, mirroring recommended agreements with peer review administrators.
The Mississippi State Board of Public Accountancy voted May 16 to direct staff to require firms that receive a deficient peer review report to enter into an agreement with the Board as part of the Board’s handling of peer review deficiency cases.
Board members adopted the change after discussing an NASBA Peer Review Compliance Committee guidance recommending that firms that agree with an administering entity to cease the deficient services also enter a similar agreement with the licensing board. The…
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