§ 33-3-132 — Practice monitoring program

Wyoming § 33-3-132

• Jurisdiction: Wyoming
• Title 33: Professions and Occupations
• Ch. 3: ACCOUNTANTS
• Art. 1: IN GENERAL

Text

(a) As used in this article:
(i) "Peer review" means a study, appraisal or review
of one (1) or more aspects of the professional work of a person
or firm in the practice of certified public accountancy by a
person who holds certificates and who is not affiliated with the
person or firm being reviewed;
(ii) "Practice monitoring program" means a program
consisting of peer reviews which are conducted in conformity
with standards promulgated by the peer review committees of the
American Institute of Certified Public Accountants or successor
organization;
(iii) "Reviewer" means a certified public accountant
active in public practice and fulfilling requirements for peer
reviewers as established by the American Institute of Certified
Public Accountants or successor organization.
(b) The board may require, on a uniform basis, that
certificate and permit holders undergo practice monitoring
conducted in a manner the board may specify by rule and
regulation.
(c) Except in any action before the board to enforce its
rules and regulations regarding the practice monitoring program,
any report, statement, memorandum, transcript, finding, record
or working paper prepared and any opinion formulated in
connection with any practice monitoring program, which is in the
possession of the board or the reviewer, shall be considered
privileged and shall not be subject to discovery, subpoena or
other means of legal compulsion for release to any person or
entity or be admissible as evidence in any judicial or
administrative proceeding.