NAC628.210. Prerequisites to renewal of permit; exemption; waiver.

     1. Except as otherwise provided in subsection 2 and NAC 628.110, an applicant for the renewal of a permit to engage in the practice of public accounting must complete at least 80 hours of continuing education during the 2 years immediately preceding the date for renewal of the permit, of which:

     (a) At least 20 hours must be completed in each year; and

     (b) Four hours must be in professional ethics.

     2. An applicant seeking the first annual renewal of an initial permit is exempt from the requirements of NAC 628.210 to 628.250, inclusive.

     3. If an applicant for the renewal of a permit to engage in the practice of public accounting is permitted, certified or licensed to engage in the practice of public accounting in another state and resides in that state, the applicant must demonstrate compliance with the continuing education requirements of that state by signing a statement to that effect on his or her application to the Board for the renewal of a permit to engage in the practice of public accounting. If the state in which the applicant resides does not have continuing education requirements, the applicant must comply with the requirements set forth in this section.

     4. The requirements of NAC 628.210 to 628.250, inclusive, may be waived by the Board for reasons of personal hardship, including, without limitation, health problems, military service, foreign residence, retirement or other good cause.

     [Bd. of Accountancy, Art. 7 §§ 2 & 3, eff. 5-13-82]—(NAC A 2-6-87; R169-99, 12-13-99; R056-05, 11-17-2005)