Bill > AB510

This bill makes several significant changes to the regulation of certified public accountants (CPAs) in Nevada by shifting the authority for defining education and work experience requirements from statute to the Nevada State Board of Accountancy's regulatory process. Specifically, the bill eliminates existing statutory requirements for education (such as 150 semester hours and specific degree majors) and work experience (like 2,000 hours of supervised accounting work), and instead requires the Board to prescribe appropriate education and work experience standards through regulations. The bill clarifies the Board's authority regarding CPA examination requirements, including allowing candidates to receive credit for passed exam sections and potentially setting time limits for completing all exam sections. The legislation also removes the Board's requirement to establish a fee for experience evaluation and changes the requirement for registering a fictitious business name from a mandatory fee to a discretionary one. An applicant for a CPA certificate will be subject to the educational requirements in effect when they passed all examination sections. The bill is set to take full effect on January 1, 2026, with some provisions becoming effective immediately for administrative preparation, giving the Board time to develop the new regulatory framework for CPA certification.

Business and Industry

Commerce and Labor (Assembly)

https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/12801/Overview