1-105. Act, how cited. Sections 1-105 to 1-171 shall be known and may be cited as the Public Accountancy Act. Source Laws 1957, c. 1, § 64, p. 78; Laws 1991, LB 75, § 14; Laws 1994, LB 957, § 7; R.S.Supp.,1996, § 1-169; Laws 1997, LB 114, § 1; Laws 2009, LB31, § 1; […]
1-105.01. Nebraska State Board of Public Accountancy; purpose. It is the purpose of the Nebraska State Board of Public Accountancy to protect the welfare of the citizens of the state by assuring the competency of persons regulated under the Public Accountancy Act through (1) administration of certified public accountant examinations, (2) issuance of certificates and […]
1-106. Terms, defined. For purposes of the Public Accountancy Act, unless the context otherwise requires: (1) Board means the Nebraska State Board of Public Accountancy; (2) Certificate means a certificate issued under sections 1-114 to 1-124; (3) Firm means a partnership, limited liability company, or corporation engaged in the practice of public accountancy in this […]
1-107. Nebraska State Board of Public Accountancy; creation; membership; appointment; qualifications; terms; vacancies; removal; reappointment. There is hereby created the Nebraska State Board of Public Accountancy. The board shall consist of eight members appointed by the Governor. Six members of the board shall be holders of permits issued under subdivision (1)(a) of section 1-136, and […]
1-108. Board; chairperson; rules and regulations; quorum; seal; records. The board shall elect annually a chairperson from its members. The board shall receive and account for all fees and other money received by it under the Public Accountancy Act. The board may adopt and promulgate rules and regulations for the orderly conduct of its affairs […]
1-108.01. Board; conflicts of interest; rules and regulations. The board shall adopt and promulgate rules and regulations which establish definitions of conflicts of interest for its members and which establish procedures to be followed in case such conflicts arise. Source Laws 1984, LB 473, § 3; Laws 1997, LB 114, § 6.
1-109. Board; annual register; contents; personnel; executive director; duties. (1) In December of each year, the board shall make available for public distribution an annual register containing the names, arranged alphabetically by classifications, of all persons holding permits, the names of the members of the board, and such other matters as may be deemed proper […]
1-110. Board member; salary; expenses. Each member of the board shall be paid one hundred dollars for each day or portion thereof spent in the discharge of his or her official duties and shall be reimbursed for expenses incurred in the discharge of his or her official duties as provided in sections 81-1174 to 81-1177. […]
1-111. Fees, costs, and penalties; collection; Certified Public Accountants Fund; created; use; investment; civil penalties; distribution. (1) All fees collected under the Public Accountancy Act and all costs collected under subdivision (8) of section 1-148 shall be remitted by the board to the State Treasurer for credit to the Certified Public Accountants Fund which is […]
1-112. Board; professional conduct; rules and regulations. The board may adopt and promulgate rules and regulations of professional conduct appropriate to establish and maintain a high standard of integrity and dignity in the profession of public accountancy and to govern the administration and enforcement of the Public Accountancy Act. The rules and regulations shall be […]
1-113. Advisory committee; membership. (1) The board shall appoint an advisory committee consisting of at least seven members. A majority of the members shall be appointed as representatives of the postsecondary educational institutions of Nebraska engaged in the instruction of accounting and auditing, including the University of Nebraska, the Nebraska state colleges, and private universities […]
1-114. Certificate as a certified public accountant; granted; qualifications. (1) Prior to January 1, 1998, the board shall issue a certificate of certified public accountant to any person (a) who is a resident of this state or has a place of business therein or, as an employee, is regularly employed therein, (b) who has graduated […]
1-115. Certified public accountant; examinations, when held; use of prepared questions and grading service. The examinations described in section 1-114 shall be held by the board and shall take place as often as the board determines to be desirable, but such examinations shall be held not less frequently than once each year. The board may […]
1-116. Certified public accountant; examination; eligibility. Any person making initial application to take the examination described in section 1-114 shall be eligible to take the examination if he or she has completed at least one hundred fifty semester hours or two hundred twenty-five quarter hours of postsecondary academic credit and has earned a baccalaureate or […]
1-117. Certified public accountant; completion of examination; additional requirements. Any person who has successfully completed the examination described in section 1-114 shall have no status as a certified public accountant unless and until he or she has the requisite experience and also has been issued a certificate as a certified public accountant. Source Laws 1957, […]
1-118. Certified public accountant; reexamination; waiting period. (1) The board may by rule and regulation prescribe the terms and conditions under which a person who does not pass the examination may be reexamined. The board may also provide by rule and regulation for a reasonable waiting period for reexamination. (2) A person shall be entitled […]
1-119. Certified public accountant; examination fee. The board shall charge a fee as established by the board not to exceed two hundred dollars for the examination provided for under the Public Accountancy Act. An applicant for the examination may be required to pay additional fees as charged by and remitted or paid to a third […]
1-120. Certified public accountant; reexamination fee. The board shall charge fees as established by the board for reexaminations under the Public Accountancy Act. Such fees shall not exceed fifty dollars for each subject in which a person is reexamined. An applicant for the reexamination may be required to pay additional fees as charged by and […]
1-121. Certified public accountant; fees; when payable. The applicable fee shall be paid by the applicant at the time he or she applies for examination or reexamination. Source Laws 1957, c. 1, § 16, p. 60; Laws 1991, LB 75, § 10; Laws 1997, LB 114, § 18; Laws 2016, LB853, § 4.
1-122. Certified public accountant; certificate; use of abbreviation C.P.A.; list. Any person who has been issued a certificate as a certified public accountant and who holds a permit issued under subdivision (1)(a) of section 1-136, which is in full force and effect, and any person who is classified as inactive under section 1-136, shall be […]
