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 Nevada Administrative Code (Last Updated: January 6, 2015)
 Chapter628 Accountants
  CERTIFICATION

  NAC628.090. Temporary permits.  

Latest version.

  •      1. Pursuant to the provisions of NRS 628.310, an applicant whose certificate as a certified public accountant was issued by another state or jurisdiction of the United States approved by the Board or who holds an equivalent certificate then in effect issued by a foreign country pursuant to the provisions of NRS 628.310 is eligible for the issuance of a temporary permit if the applicant passes an examination approved by the Board that is substantially equivalent to the examination for a certificate as a certified public accountant that is conducted by the Board.

         2. An application for a temporary permit must be in the name of the firm proposing to conduct the engagement and must be executed by the proprietor, partner, member or shareholder responsible for the conduct of the engagement. The person executing the application must have completed at least 80 hours of continuing education in a qualified program during the 2 calendar years immediately preceding the commencement of the engagement.

         3. If the applicant is a partnership, a limited-liability company or a corporation of certified public accountants, the applicant must comply with the applicable requirements of NRS 628.325 to 628.370, inclusive.

         4. The application must specify the name of the client, the nature of the service to be provided and the anticipated duration of the engagement. A temporary permit is valid for the duration of the engagement or for 6 months, whichever is less. If the engagement is longer than 6 months, new permits must be obtained for each subsequent 6-month period or portion thereof.

         5. An agent designated pursuant to subsection 3 of NRS 628.440 shall serve for all future engagements of the applicant until the Board is advised to the contrary by the agent or by the applicant.

         6. Within 30 days after the expiration of a temporary permit, the applicant shall report to the Board the names of all persons present in the State and employed in the conduct of the engagement during the period of the permit and shall pay any additional fees prescribed by the Board. If reports or fees are delinquent from any prior engagement, the Board will not issue any further temporary permits to the applicant for any purpose. Delinquent reports must be accompanied by a delinquency penalty of 25 percent of the sum due for each 30-day period or part thereof during which the reports are delinquent, but a delinquency penalty must not exceed $500 per report. The Board may waive such penalties in whole or in part if there is reasonable cause. All reports made pursuant to this section are subject to audit by the Board or its representatives.

         7. Applicants, their partners, members, shareholders, employees and affiliates, while practicing under a temporary permit, must comply with the regulations adopted by the Board which are effective during the term of the engagement.

     [Bd. of Accountancy, Art. 4, eff. 5-13-82]—(NAC A 5-18-94; 12-13-96; R169-99, 12-13-99)