Chapter 1 — ACCOUNTANTS
85 sections in this chapter.
Neb. Rev. Stat. § 1-142 Disciplinary action; failure of accused to appear and defend; hearing; order.
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If, after having been served with the notice of hearing pursuant to section 1-141, the accused fails to appear at the hearing and defend, the board may proceed to hear evidence against him or her and may enter such order as is justified by the evidence, which order shall be final…
Neb. Rev. Stat. § 1-143 Disciplinary action; appearance by accused; privileges.
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At any hearing the accused may appear in person and by counsel, produce evidence and witnesses on his or her own behalf, cross-examine witnesses, and examine such evidence as may be produced against him or her. The accused shall be entitled, on application to the board, to the is…
Neb. Rev. Stat. § 1-144 Disciplinary action; hearing; board; powers.
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The board, or any member thereof, may issue subpoenas to compel the attendance of witnesses and the production of documents and may administer oaths, take testimony, hear proofs, and receive exhibits in evidence in connection with or upon hearing under the Public Accountancy Act.…
Neb. Rev. Stat. § 1-145 Disciplinary action; board; rules of evidence.
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The board shall not be bound by rules of evidence.
Neb. Rev. Stat. § 1-146 Disciplinary action; record of hearing.
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A stenographic record of the hearing shall be kept and a transcript thereof filed with the board.
Neb. Rev. Stat. § 1-147 Disciplinary action; board; legal representation.
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At all hearings, the Attorney General of this state, or one of his assistants designated by him, or such other legal counsel as may be employed, shall appear and represent the board.
Neb. Rev. Stat. § 1-148 Individual certificates, practice privilege, temporary practice privilege, registration, and permits; board action; authorized.
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Upon the completion of any hearing, the board, by majority vote, shall have the authority through entry of a written order to take in its discretion any or all of the following actions: (1) Issuance of censure or reprimand; (2) Suspension of judgment; (3) Placement of the permith…
Neb. Rev. Stat. § 1-149 Disciplinary action; appeal; procedure.
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Any decision of the board may be appealed, and the appeal shall be in accordance with the Administrative Procedure Act.
Neb. Rev. Stat. § 1-150 Disciplinary action; additional board powers.
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Upon application in writing and after hearing pursuant to notice, the board may issue a new certificate to a certified public accountant whose certificate has been revoked, may permit the reregistration of a person whose registration has been revoked, or may reissue or modify the…
Neb. Rev. Stat. § 1-151 Certified public accountant; person; use of term C.P.A.; requirements.
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No person shall assume or use the title or designation certified public accountant or the abbreviation C.P.A. or any other title, designation, words, letters, abbreviation, sign, card, or device tending to indicate that such person is a certified public accountant unless such per…
Neb. Rev. Stat. § 1-152 Certified public accountant or public accountant; partnership or limited liability company; use of titles or term C.P.A.; requirements.
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No partnership or limited liability company shall assume or use the title or designation certified public accountant or public accountant or the abbreviation C.P.A. or any other title, designation, words, letters, abbreviation, sign, card, or device tending to indicate that such …
Neb. Rev. Stat. § 1-153 Peer review; rules and regulations.
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The board may adopt and promulgate rules and regulations to require a firm to enroll in and comply with all requirements of a board-approved program of peer review and comply with all restrictions placed on any permit by the board in response to the results of a peer review.
Repealed. Laws 2009, LB 31, § 43.
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[Repealed or reserved.]
Neb. Rev. Stat. § 1-155 Use of terms, prohibited; exception.
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Except as otherwise provided in this section, no person, partnership, or limited liability company shall assume or use the title or designation certified accountant, public accountant, chartered accountant, enrolled accountant, licensed accountant, or registered accountant or any…
Neb. Rev. Stat. § 1-156 Corporation; use of terms, prohibited; exception.
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No corporation shall assume or use the title or designation certified public accountant or public accountant nor shall any corporation assume or use the title or designation certified accountant, chartered accountant, enrolled accountant, licensed accountant, registered accountan…
Neb. Rev. Stat. § 1-157 Accountant or auditor; use of terms; when permitted.
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No person shall sign or affix his or her name or any trade or assumed name used by him or her in his or her profession or business with any wording indicating that he or she is an accountant or auditor or with any wording indicating that he or she has expert knowledge in accounti…
Neb. Rev. Stat. § 1-158 Partnership or limited liability company; use of terms; requirements.
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No person shall sign or affix a partnership or limited liability company name, with any wording indicating that it is a partnership or limited liability company composed of accountants, auditors, or persons having expert knowledge in accounting or auditing, to any accounting or f…
Neb. Rev. Stat. § 1-159 Corporation; use of terms; requirements.
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No person shall sign or affix a corporate name with any wording indicating that it is a corporation performing services as accountants or auditors or composed of accountants or auditors or persons having expert knowledge in accounting or auditing, to any accounting or financial s…
Neb. Rev. Stat. § 1-160 Public accountant; absence of permit; requirement to so state; exceptions.
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No person, partnership, limited liability company, or corporation not holding a permit issued under section 1-136 which is not revoked or suspended shall hold himself, herself, or itself out to the public as an accountant or auditor by use of either or both of such words on any s…
Neb. Rev. Stat. § 1-161 Certified public accountant; public accountant; false use of partnership or limited liability company designation; prohibition.
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No person shall assume or use the title or designation certified public accountant or public accountant in conjunction with names indicating or implying that there is a partnership or a limited liability company or in conjunction with the designation "and company" or "and Co." or…
Neb. Rev. Stat. § 1-162 Certified public accountant; employees and assistants; not prohibited.
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Nothing contained in the Public Accountancy Act shall prohibit any person not a certified public accountant from serving as an employee of, or an assistant to, a certified public accountant or partnership or limited liability company of certified public accountants holding a perm…
Neb. Rev. Stat. § 1-162.01 Firms; owners permitted; conditions; rules and regulations.
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(1) Notwithstanding the Nebraska Professional Corporation Act or the Public Accountancy Act or any other provision of law inconsistent with this section, firms may have owners who are not certified public accountants if the following conditions are met: (a) Such owners shall be: …
Repealed. Laws 2009, LB 31, § 43.
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[Repealed or reserved.]
Neb. Rev. Stat. § 1-164 Banking, law, and agricultural services; not prohibited.
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Nothing contained in the Public Accountancy Act shall prohibit any person from carrying on the regular business of banking, nor prohibit any person from carrying on the regular practice of law, nor prohibit any farm organization or agricultural cooperative association, or the emp…
Neb. Rev. Stat. § 1-164.01 Services related to financial statements; not prohibited.
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Nothing in the Public Accountancy Act or the rules and regulations adopted and promulgated under the act shall be construed to prohibit any person who does not hold a permit issued under subdivision (1)(a) of section 1-136 from preparing, compiling, or signing financial statement…
Neb. Rev. Stat. § 1-164.02 Formation of business partnership or limited liability company; not prohibited.
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Nothing in the Public Accountancy Act or the rules and regulations adopted and promulgated under the act shall be construed to prohibit a person holding a certificate as a certified public accountant from forming a business partnership or limited liability company with a person n…
Neb. Rev. Stat. § 1-164.03 Use of title accountant; not prohibited.
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Nothing in the Public Accountancy Act or the rules and regulations adopted and promulgated under the act shall be construed to prohibit a person not holding a certificate or permit from using the title accountant in his or her business practices.
Neb. Rev. Stat. § 1-165 Board; unlawful practice; injunction.
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Whenever, in the judgment of the board, any person has engaged, or is about to engage, in any acts or practices which constitute, or will constitute, a violation of sections 1-151 to 1-161, the board may make application to the appropriate court for an order enjoining such acts o…
Neb. Rev. Stat. § 1-166 Unlawful use of terms; penalty.
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Any person who violates sections 1-151 to 1-161 shall be guilty of a Class II misdemeanor. If a member of the board has reason to believe that any person is liable to punishment under this section, the board may certify the facts to the Attorney General of this state, who may in …
Neb. Rev. Stat. § 1-167 Unlawful use of terms; advertising; prima facie evidence of violation.
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The display or uttering by a person of a card, sign, advertisement, or other printed, engraved, or written instrument or device, bearing a person's name in conjunction with the words certified public accountant or any abbreviation thereof or public accountant or any abbreviation …
Neb. Rev. Stat. § 1-168 Certified public accountant; working papers and memoranda; property rights.
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All statements, records, schedules, working papers, and memoranda made by a certified public accountant incident to or in the course of professional service to clients by such accountant, except reports submitted by a certified public accountant to a client, shall be and remain t…
Transferred to section 1-105.
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[Repealed or reserved.]
Neb. Rev. Stat. § 1-170 Audit, report, or financial statement; public agency of state; made by whom.
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Whenever any statute or rule or regulation adopted and promulgated by authority of any statute requires that any audit, report, financial statement, or other document for any department, division, board, commission, agency, or officer of this state be prepared by certified public…
Neb. Rev. Stat. § 1-171 Audit, report, or financial statement; federal regulation; made by whom.
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Whenever any federal regulation requires any audit, report, financial statement, or other document to be prepared by a certified public accountant, such requirement shall be construed to mean a certified public accountant holding a permit issued under subdivision (1)(a) of sectio…
Repealed. Laws 1992, LB 859, § 1.
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[Repealed or reserved.]