The California Board of Accountancy has a great FAQ posted here. It covers a lot of general questions on the peer review program.
Check it out.
Good discussion of the transition to reporting your peer review status every two years when you renew your license. Remember the phase-in was over three years.
That two-year reporting requirement doesn’t mean you have to get a peer review every two years. Just that you have to report your status when you renew every two years. Will likely get you into the situation where you tell the board about one specific peer review report on two consecutive renewals.