Peer Review Oversight Committee

(1) The Board may appoint a Committee to assist it in the implementation of the Program and or to monitor other Board-approved peer review programs. (2) Each Committee member shall: (a) Be an actively licensed CPA in good standing; (b) Possess accounting, attest and peer review experience deemed sufficient by the Board; (c) Serve a term of three (3) years but may be reappointed by the Board at the end of each term; (d) Not be a member of the Board, or have a conflict of interest under applicable law; and (e) Sign a confidentiality agreement indicating they will not divulge any information to the Board that would identify any firm, licensee, peer reviewer, or reviewing firm, as a result of their monitoring of the peer review process. (3) The responsibilities of the Committee shall include the following: (a) Monitoring approved peer review programs and reporting periodically to the Board on whether these programs meet the requirements of these rules and Tenn. Code Ann. §§ 62-1-201 et seq. (b) Considering such other matters and performing such other duties regarding the Program as may be necessary from time to time.