Nevada · statute · Nev. Rev. Stat. ch. 628 · 72 active provisions
It is the policy of this State, and the purpose of this chapter: 1. To provide for the dependability of information which is used for guidance in financial transactions or for accounting for and assessing the status or performance of public and private entities; and 2. To protect the interest of the public by requiring…
As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 628.005 to 628.033, inclusive, have the meanings ascribed to them in those sections.
“Attest,” “attesting” and “attestation” mean providing the following services: 1. An audit or other engagement to be performed in accordance with the Statements on Auditing Standards (SAS) published by the American Institute of Certified Public Accountants. 2. A review of a financial statement to be performed in accord…
“Board” means the Nevada State Board of Accountancy.
“Certificate” means the certificate issued by the Board to a person who is qualified to practice accounting as a certified public accountant.
“Compilation” means providing a service to be performed in accordance with the Statements on Standards for Accounting and Review Services (SSARS) published by the American Institute of Certified Public Accountants, that is presented in the form of financial statements, of information that is the representation of the o…
“Live permit” means a permit issued pursuant to NRS 628.380 which has not been revoked or suspended.
“Practice of public accounting” means the offering to perform or the performance by a holder of a live permit or a natural person or certified public accounting firm granted practice privileges pursuant to NRS 628.315, for a client or potential client, of one or more services involving the use of skills in accounting o…
“Report,” when used with respect to any attest or compilation service, means an opinion, report or other form of language that states or implies assurance as to the reliability of the attested information or compiled financial statements, and that also includes or is accompanied by a statement or implication that the p…
“State” means any state, territory or possession of the United States and the District of Columbia.
1. In addition to any other requirements set forth in this chapter: (a) An applicant for the issuance of a certificate issued pursuant to NRS 628.190 to 628.310, inclusive, or a permit issued pursuant to NRS 628.380 shall include the social security number of the applicant in the application submitted to the Board. (b)…
The Nevada State Board of Accountancy, consisting of seven members appointed by the Governor, is hereby created.
1. The Governor shall appoint to the Board: (a) Six members who are certified public accountants in the State of Nevada of whom: (1) One member must be employed by the government or by private industry; and (2) Five members must be engaged in the practice of public accounting. (b) One member who represents the public.…
No person who has served two successive complete terms is eligible for reappointment until 1 year after the expiration of those terms. Appointment to fill an unexpired term shall not be considered as a complete term.
1. Except as otherwise provided in subsection 2, the Nevada Society of Certified Public Accountants shall, at least 30 days before the beginning of any term, or within 30 days after a position on the Board becomes vacant, submit to the Governor the names of at least three persons qualified for membership on the Board f…
The Governor shall remove from the Board any member whose permit to practice has become void or has been revoked or suspended, and may, after a hearing, remove any member for neglect of duty or other just cause.
1. Annually the Board shall elect a President and a Secretary-Treasurer from among its members. 2. The Board may employ such personnel, including attorneys, investigators and other professional consultants, and arrange for such assistance as the Board may require for the performance of its duties.
A majority of the Board shall constitute a quorum for the transaction of business.
The Board may maintain offices in as many localities in the State as it finds necessary to carry out the provisions of this chapter.
1. Each member of the Board is entitled to receive: (a) A salary of not more than $150 per day, as fixed by the Board, while engaged in the business of the Board; and (b) A per diem allowance and travel expenses at a rate fixed by the Board, while engaged in the business of the Board. The rate must not exceed the rate…
The Board shall adopt regulations reasonably necessary and expedient for the orderly conduct of its affairs and for the administration of this chapter.
The Board shall: 1. Have a seal of which judicial notice must be taken. 2. Keep records of its proceedings. In any proceedings in court, civil or criminal, arising out of or founded upon any provision of this chapter, copies of those records certified as correct under the seal of the Board are admissible in evidence as…
The Board shall operate on the basis of a fiscal year commencing on July 1 and terminating on June 30.
1. Except as otherwise provided in subsection 3, all fees and other money received by the Board pursuant to the provisions of this chapter must be deposited in banks, credit unions, savings and loan associations or savings banks in the State of Nevada and expended solely for the purposes of this chapter. The money so d…
1. The Board may by regulation adopt and amend rules of professional conduct appropriate to establish and maintain a high standard of quality, integrity and dignity in the profession of public accountancy. 2. In addition to the requirements of chapter 233B of NRS, the Board shall provide notice of any such proposed rul…