Practice Privileges. Effective September 1, 2010, practice privileges became available in Nebraska. Practice privileges are codified in the Nebraska Public Accountancy Act § 1-125.01.
Beginning September 1, 2010, a CPA whose principal place of business is outside of Nebraska may exercise all the privileges of Nebraska CPAs without the need to obtain a license or pay a fee, if the individual holds an active permit, certificate or license which allows the person to engage in the practice of public accountancy as a CPA in another state.
Please Note: A person is not eligible to exercise the practice privilege if the person has a permit, certificate or license under current suspension or revocation for reasons other than nonpayment of fees or failure to comply with continuing professional educational requirements in another state.
Practice privileges extend to professional services offered or rendered, whether in person or by mail, telephone or electronic means, and no notice, fee or other submission shall be provided by any such individual.
Consent to Jurisdiction (See Nebraska Public Accountancy Act § 1-125.02) By law, a CPA of another state exercising practice privileges in Nebraska and the entity which employs the CPA consents, as a condition to the exercise of this privilege, to the following: - The personal and subject matter jurisdiction and disciplinary authority of the Nebraska Board.
- Compliance with the provisions of the Nebraska Public Accountancy Act and the rules and regulations adopted by the Nebraska Board.
- In the event the certificate from the state of the individual's principal place of business is no longer valid, the individual shall cease offering or rendering professional services in this state individually and on behalf of the CPA firm.
- The appointment of the board of accountancy that issued the individual or firm license as the agent upon whom process may be served in any action or proceeding by the Nebraska Board against the licensee.
The practice privilege shall not be interpreted to prevent any governmental body from requiring that public accounting services performed for a governmental body or for an entity regulated by a governmental body be performed by a person or firm holding a permit issued by the Nebraska Board.
Foreign Credentials: The Nebraska Board may grant to a person who holds a certificate, degree or license in a foreign country constituting a recognized qualification for the practice of public accountancy in such country and who does not hold a certificate or permit issued by Nebraska or any other state and whose principal place of business is outside Nebraska, the privilege to temporarily practice in Nebraska on professional business incident to his or her regular practice outside Nebraska. Such privilege must be conducted in conformity with the rules and regulations of the Board. Foreign individuals temporarily practicing in Nebraska consent to jurisdiction as provided above for practice privileges. Performing attestation services for any entity with its home office in Nebraska will require the firm to hold a permit issued by the Nebraska Board. The individual must use only the title or designation under which they are generally known in their own country, followed by the name of the foreign country. The Nebraska Board may require the filing of notice and/or payment of a fee for this temporary privilege. Contact the Nebraska Board directly for additional information. See Nebraska Public Accountancy Act § 1-125.02
Firm Registration Requirements May Apply An individual exercising practice privileges in Nebraska and who provides attestation (including review engagements) services for any entity with its home office in Nebraska may only do so through a firm or an affiliated entity which holds a firm permit issued by the Nebraska Board.
The Nebraska Board defines “attest” in 288 Neb. Admin. Code, ch. 3, § 001.03 as providing the following services: - Any audit or other engagement to be performed in accordance with the AICPA Statements on Auditing Standards (SAS) in effect on October 15, 2015;
- Any review of a financial statement to be performed in accordance with the AICPA Statements on Standards for Accounting and Review Services (SSARS) in effect on October 15, 2015;
- Any examination of prospective financial information to be performed in accordance with the AICPA Statements on Standards for Attestation Engagements (SSAE) in effect on October 15, 2015;
- Any engagement to be performed in accordance with the standards of the Public Company Accounting Oversight Board (PCAOB) in effect on October 15, 2015; and
- Any examination, review, or agreed upon procedures engagement to be performed in accordance with the SSAE, other than an examination described in subsection 001.03(C).
"Home Office" is the location specified by the client as the address where the attestation service is directed.
"Principal Place of Business" means the office location designated by the practice privilege CPA as his primary location for the practice of public accountancy.
For mobility purposes, "CPA license" means a CPA license granted by the state board after all education, exam and experience requirements have been met. A CPA performing services through mobility may only perform the same level of services (attest or non-attest) in the mobility jurisdiction as he or she is permitted to perform in the home jurisdiction. Please note the following if you are coming from one (1) of the jurisdictions listed: - An Alabama certificate holder may not hold out or practice as a CPA in a mobility jurisdiction.
- A Connecticut certificate holder may not hold out or practice as a CPA in a mobility jurisdiction.
- An Illinois certificate or registered certificate holder may not hold out or practice as a CPA in a mobility jurisdiction.
- Both a Hawaii CPA license and permit are required in order to hold out or practice as a CPA in a mobility jurisdiction.
- A Kansas certificate holder may not hold out or practice as a CPA in a mobility jurisdiction.
- Both a Nebraska CPA certificate and permit are required in order to hold out or practice as a CPA in a mobility jurisdiction.
- An Oklahoma registrant must hold an active permit In order to hold out or practice as a CPA in a mobility jurisdiction.
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