Nebraska Administrative Code Topic - BOARD OF PUBLIC ACCOUNTANCY
Here is an overview of the Nebraska Administrative Code for the Board of Public Accountancy:
Nebraska Administrative Code – Board of Public Accountancy
Agency Number: 288
Governing Body: Nebraska Board of Public Accountancy
Authority: Established under the Nebraska Public Accountancy Act (Neb. Rev. Stat. §§ 1-101 to 1-172)
Key Chapters and Topics:
Chapter 1 – Rules of Practice and Procedure
Definitions and general procedures
Filing of applications, hearings, and appeals
Ethical standards and disciplinary actions
Chapter 2 – CPA Certification and Licensure
Requirements for initial CPA certification
Experience and education standards
Renewal procedures and continuing education (CPE)
Chapter 3 – Peer Review
Mandatory peer review program for firms offering attest or compilation services
Reporting requirements and oversight
Chapter 4 – Quality Enhancement Program
Voluntary compliance and quality improvement initiatives
Consultation and education-based enforcement
Chapter 5 – Firm Permits
Registration and renewal for public accounting firms
Ownership and naming conventions
Mobility provisions for out-of-state firms
Chapter 6 – Investigations and Disciplinary Action
Complaint process and investigation procedures
Sanctions, license revocations, and fines
Notable Features:
Ethical Standards align with the AICPA Code of Professional Conduct.
Mobility Provisions allow CPAs licensed in other states to practice temporarily under certain conditions.
Continuing Education (CPE) is required for license renewal, with specific hour requirements in ethics.
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