The Board proposes the rule promulgation to establish procedures for Board approval of peer review administering entities.

 

DEPARTMENT OF BUSINESS AND PROFESSIONAL REGULATION

Board of Accountancy

RULE NO.:RULE TITLE:

61H1-39.003Peer Review Administering Entities.

PURPOSE AND EFFECT: The Board proposes the rule promulgation to establish procedures for Board approval of peer review administering entities.

SUMMARY: The procedures for Board approval of peer review administering entities will be established in the rule.

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS AND LEGISLATIVE RATIFICATION:

The Agency has determined that this will not have an adverse impact on small business or likely increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule. A SERC has not been prepared by the agency.

The Agency has determined that the proposed rule is not expected to require legislative ratification based on the statement of estimated regulatory costs or if no SERC is required, the information expressly relied upon and described herein: During discussion of the economic impact of this rule at its Board meeting, the Board, based upon the expertise and experience of its members, determined that a Statement of Estimated Regulatory Costs (SERC) was not necessary and that the rule will not require ratification by the Legislature. No person or interested party submitted additional information regarding the economic impact at that time.

Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.

RULEMAKING AUTHORITY: 473.3125, 473.304 FS.

LAW IMPLEMENTED: 473.3125(2) FS.

IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN THE FAR.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Veloria A. Kelly, Division Director, Board of Accountancy, 240 NW 76th Drive, Suite A, Gainesville, Florida 32607

 

THE FULL TEXT OF THE PROPOSED RULE IS:

 

61H1-39.003 Peer Review Administering Entities.

(1) Peer Review Administering Entities shall be approved by the board.

(2) To qualify as a Peer Reviewing Administering Entity (AE), an organization must submit an administration plan to the board for review and approval. The plan of administration must:

(a) establish Report Acceptance Boards (RAB), as needed, and provide professional staff, as needed, for the operation of the review program;

(b) establish and document a program to communicate to enrolled licensees the latest development in peer review standards and the most common findings in the reviews conducted by the AE;

(c) establish and document procedures for resolving any disagreement which may arise out of the performance of a review;

(d) establish procedures to resolve matters which may lead to the dismissal of a licensee from the peer review program, and conduct hearings pursuant to those procedures;

(e) establish procedures to evaluate and document the performance of each reviewer, and conduct hearings which may lead to the disqualification of a reviewer who does not meet the standards adopted in Rule 61H1-39.002, F.A.C.;

(f) require the maintenance of records of reviews conducted under the program in accordance with the records retention rules of standards adopted in Rule 61H1-39.002, F.A.C. ; and

(g) provide for the periodical performance assessments and related reports to the board’s Peer Review Oversight Committee.

(3) If requested by the board or the Peer Review Oversight Committee, a peer review administering entity shall provide a list of the licensees enrolled in its programs and the date of their last peer review.

(4) The board shall maintain a list of board-approved peer review administering entities.

Rulemaking Authority 473.3125, 473.304 FS. Law Implemented 473.3125(2) FS. History–New________.

 

NAME OF PERSON ORIGINATING PROPOSED RULE: Board of Accountancy

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Board of Accountancy

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: October 4, 2013

DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAR: November 4, 2013