Section 628.520 - Reporting of certain occurrences to BoardA practitioner or firm shall report to the Board not more than 30 days after:
1. The practitioner or firm receives a peer review or inspection report with identified deficiencies.2. The decision against the practitioner or firm for the imposition of a disciplinary action, including, without limitation, a censure, a reprimand, a sanction, probation, a civil penalty, a fine, a consent decree, an order for the suspension, revocation, modification, restriction or denial of a license, certificate, permit or right to practice or the voluntary surrender, lapse, cancellation or resignation of a license, certificate, permit or right to practice while under investigation by:(a) Any agency of another state authorized to regulate the practice of accountancy in that state for any cause except:(1) The failure to pay by the date due a fee for a license, certificate, permit or right to practice; or(2) The failure to comply with a requirement for continuing education;(b) Any federal or state agency for conduct of the practitioner or firm relating to the provision of professional services;(c) Any agency of this State, another state or territory, any agency of the Federal Government or a foreign country; or(d) The American Institute of Certified Public Accountants, the Public Company Accounting Oversight Board or any other similar membership organization or association related to, having oversight of or primarily composed of practitioners.3. Except as otherwise provided in this subsection, any settlement, award or judgment of $150,000 or more against the practitioner or firm for a claim of or action for gross negligence, violation of a specific standard of practice, fraud or misappropriation of money in the practice of accounting. If the practitioner is a certified public accounting firm, the practitioner shall notify the Board, pursuant to this subsection, of any settlement, award or judgment involving the practice of public accounting in this State.4. The practitioner or firm is charged with, is convicted of or pleads nolo contendere to, or has an order of deferred prosecution entered in a case involving the practitioner or firm for: (a) Any criminal offense, other than a minor traffic offense, under the laws of any state or of the United States; or(b) A crime, an element of which is dishonesty or fraud, or any crime involving moral turpitude, under the laws of any state or of the United States or any foreign country.5. The practitioner or firm is named as a defendant or respondent in any type of administrative action relating to the practice of public accounting or action based on an allegation of an accounting violation, dishonesty, fraud, misrepresentation or breach of fiduciary duty.6. The practitioner or firm is named as a defendant or respondent in any type of civil action relating to the practice of public accounting or action based on an allegation of an accounting violation, dishonesty, fraud, misrepresentation or breach of fiduciary duty.Nev. Admin. Code § 628.520
Added to NAC by Bd. of Accountancy by R056-05, eff. 11-17-2005; R046-13, 12-23-2013; A by R117-15, eff. 4/4/2016; A by R068-17AP, eff. 5/16/2018; A by R034-23A, eff. 12/15/2023NRS 628.120, 628.160, 628.386