Firms claiming an exemption from peer review must file the New Jersey State Board of Accountancy’s Affidavit for Exemption from Peer Review (page 3) with the Board by June 30. Please also note this Affidavit must be filed ANNUALLY and must be notarized.
A firm with an exemption that begins providing attest services or any accounting and/or auditing engagements shall notify the Board of the change in status within 30 days and provide the Board with enrollment information within 12 months of the date the services were first provided. The firm shall have a review within 18 months of the date the services were first provided.
Peer review forms and FAQs may be found at njcpa.org/peerreview. Please contact the NJCPA or State Board if you have questions.