Requirements for registration as partnership of public accountants.
1. A partnership engaged in this State in the practice of public accounting shall register with the Board as a partnership of public accountants and meet the following requirements:
(a) At least one general partner thereof must be a certified public accountant or a registered public accountant of this State in good standing.
(b) Each partner thereof personally and regularly engaged within this State in the practice of public accounting as a member thereof must be a certified public accountant or a registered public accountant of this State in good standing.
(c) Each manager in charge of an office of the firm in this State must be a certified public accountant or a registered public accountant of this State in good standing.
(d) A corporation or limited-liability company which is registered pursuant to NRS 628.363 or 628.365 may be a partner, and a partnership which is registered pursuant to this section may be a general partner, in a partnership engaged in the practice of public accounting.
2. Application for registration must be made upon the affidavit of a general partner who holds a live permit to practice in this State as a certified public accountant or as a registered public accountant. The Board shall determine whether the applicant is eligible for registration. The Board may charge a registration fee and renewal fee and a reporting fee in an amount set by regulation. A partnership which is so registered may use the words “public accountants” in connection with its partnership name. Notice must be given to the Board within 1 month after the admission to or withdrawal of a partner from any partnership so registered.
Last modified: February 27, 2006