Firm Registration. Any firm or office thereof established or maintained for the practice of public accounting in the state of Nevada must register with the Nevada State Board.
A partnership, corporation or limited-liability company with an office in Nevada shall register with the Board if the partnership, corporation or limited-liability company: - Performs attest services;
- Performs compilation services;
- Is engaged in the practice of public accounting; or
- Is styled and known as a certified public accountant or uses the abbreviation “C.P.A.”
Firm Mobility: The Nevada State Board of Accountancy will allow out of state licensed firms whose principal place of business is outside of Nevada, to enter the state to perform work under the Practice Privilege (Mobility) provisions.
Registration NOT Required: An firm, with a valid license in another state, can enter this state, perform services and utilize the CPA designation without having to obtain a license or permit. (See Practice Privilege section below for detailed information). A firm must be active/in good standing in their home state. Firm registration is no longer required unless the firm has a physical location in Nevada.
PRACTICE PRIVILEGE INFORMATION A CPA firm who holds a valid license as a CPA Firm from any state is granted practice privileges in Nevada and will be considered a CPA for all purposes under the laws of Nevada pertaining to practice privileges. The CPA with practice privilege is not considered licensed as provided within the Nevada Board’s licensing laws. The firm is NOT required to obtain a license.
As a condition of the practice privilege, the person and/or firm shall both consent to the following: - The personal and subject matter jurisdiction, and disciplinary authority, of the Nevada Board.
- Compliance with the provisions of Nevada statutes and regulations as approved by the Board.
- In the event the license/certificate from the state of the individual’s or firm's principal place of business is no longer valid, the individual or firm shall cease offering or rendering professional services in Nevada both individually and on behalf of a firm or sole proprietorship.
- The appointment of the state board which issued the individual or firm license as the agent upon whom process may be served in any investigation, action or proceeding by the Nevada Board against the licensed individual or firm.
“Attest,” “attesting” and “attestation” mean providing the following services NRS-628.005: - 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.
- A review of a financial statement 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.
- An examination of prospective financial information to be performed in accordance with the Statements on Standards for Attestation Engagements (SSAE) published by the American Institute of Certified Public Accountants.
- An engagement to be performed in accordance with the standards of the Public Company Accounting Oversight Board.
- An examination, review or agreed upon procedures engagement to be performed in accordance with the SSAE, other than an examination described in subsection 3 of this section.
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