Board Approves UAA Model Rules Amendments 

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On January 9, 2024, NASBA’s Uniform Accountancy Act (UAA) Committee met to discuss public comments received from a recent 60-day comment period regarding proposed changes to the UAA Model Rules. Following that discussion, Committee members voted unanimously to recommend adoption of the proposed amendments and present them to the NASBA Board of Directors for final approval. The Board unanimously voted to approve the proposed amendments to UAA Model Rules 7-4 and 7-5 during its January 19 meeting.    

As noted in the State Board Report – Fall 2023 Edition, Board of Accountancy representatives and other interested parties were invited to comment on proposed revisions to the UAA Model Rules pertaining to peer review, by January 2, 2024. The following proposed revisions to the Model Rules incorporated the additional documents and objective information to existing UAA Rules 7-4 and 7-5 related to the AICPA’s Facilitated State Board Access. The Committee believed these changes would provide guidance for state boards and firms in the years ahead:  

Rule 7-4(a) was amended to include a reference to Rule 7-5(b) through 7-5(d). A comment following Rule 7-4(a) was deleted as it was outdated. Rule 7-5(e) was amended to clarify when a letter from the administering entity is due to the Board of Accountancy and adds references to Rule 7-5(b) through 7-5(d).   

The title to Rule 7-5 was modified to add the term “and objective information.” Further clarification was added to the comment following Rule 7-5(a) and the 30-day submission period was added to Rule 7-5(b). These changes allowed for Rule 7-5(c) to be deleted as written and replaced with a list of documents and objective information to be provided by the firm to the Board of Accountancy.   

Minor wording changes in Rule 7-5(d), including the addition of the term “and objective information,” are consistent with other changes in Rule 7-5.   

To reference the proposed UAA Model Rules revisions in their entirety, visit the NASBA website here.