Several First Nations took part in public hearings on the project as interveners, while more submitted letters of comment
to the regulator, arguing that a spill from the aging pipeline could adversely affect their rights.
The report to the planning committee says there have been 78 letters received offering no objection, 10 letters of comment
and 203 letters of objection.
While the AICPA has issued an exposure draft that would affect the peer review reports and letters of comment
, as well as some other aspects of the peer review process, the basic rules are the same.
Presently letters of comment are not prepared; but the reviewed firm prepares a letter of response setting forth the corrective action it intends to take whenever the off-site review report is other than unqualified.
For both on-site and off-site reviews, the reviewers' reports, letters of comment, workpapers, and the firms' letters of response are subject to a technical review by the administering entity--usually a participating state society of CPAs--and a report acceptance body, a group of CPAs formed by the administering entity.
* FIRMS WILL NOTICE SIGNIFICANT CHANGES in their peer review reports and letters of comments. The revisions will enable users of peer review reports to better understand the peer review process and the matters identified during such reviews.
Firms will notice significant changes in their peer review reports and letters of comments designed to enable users to better understand the peer review process and any matters identified during reviews.
The first provides the public online access to selected peer review information, such as the peer review report, letters of comments and response.
The GAO also views transparency as important as evidenced by its requirement to provide peer review reports and letters of comments to potential clients.
Requires Review of Letters of Comments
. A reviewed firm is now required to submit its letter of response to a team captain or reviewer for review and comment prior to submission of the document to the CPA state society administering the peer review.