Nevada CPA Exam

Nevada CPA (Certified Public Accountant) License is the highest accounting credential awarded to professionals by the Nevada State Board of Accountancy. It enables them to practice the profession in the Silver State. However, Nevada applicants must satisfy the education, exam, experience, and other requirements to qualify for the CPA license.

Nevada observes the tier one licensing system. Under this arrangement, candidates need not apply for a CPA Certificate. Instead, they may directly obtain the license after fulfilling the necessary stipulations. Note that the Silver State also takes part in the International Examination Program.

Now, let’s navigate through the Nevada CPA exam and license requirements step-by-step. 

Contents

Nevada CPA Exam Requirements

  • Eligibility RequirementsFeesRequired Documents

Nevada CPA License Requirements

  • Education RequirementsExam RequirementsExperience RequirementsMoral Character References Background InvestigationEthics Requirements

Continuing Professional Education (CPE)

Nevada Exam Information & Resources

Nevada CPA Exam Requirements

Nevada exam applicants must pass the four-part computer-aided test with a minimum of 75 points in each. The exam undertakes to evaluate your potential and readiness to practice public accounting. 

The American Institute of Certified Public Accountants (AICPA), the National Association of State Boards of Accountancy (NASBA), and Prometric are involved in the exam administration. 

Ensure to complete the test within the rolling 18-month period, beginning from the date you pass the first section. 

  • Business Environment & Concepts (BEC ExamBEC ExamThe BEC CPA Exam (Business Environment and Concepts) exam section evaluates your understanding of the general business environment and your duties and responsibilities as a CPA towards it. It assesses your ability to recognize and scrutinize situations related to Financial reporting, Financial statement audit and attestation and Tax preparation
  • read more)Regulation (REG ExamREG ExamREG CPA Exam (Regulation) exam section tests a candidate’s competency in applying the concepts of federal taxation, business law, and ethics. It is a four-hour exam with 15 minutes break.
  • read more)Auditing & Attestation (AUD ExamAUD ExamAuditing and Attestation (AUD) is one of the four Uniform Certified Public Accountant (CPA) Exam sections to be passed for CPA licensure. With a complex exam format, tricky questions, and an exhaustive list of topics to study, you will benefit from some quick tips on the art of preparing for the AUD CPA exam section.read more)Financial Accounting & Reporting (FAR ExamFAR ExamThe Financial Accounting and Reporting (FAR) CPA Exam section tests a candidate’s competency in understanding and applying financial accounting and reporting standards.read more)

All CPA exam sectionsCPA Exam SectionsThe Uniform Certified Public Accountant (CPA) Exam comprises four sections, namely, Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG). The unique content, structure, format, and scoring of the CPA exam earn it the title of one of the most challenging professional exams. read more are four-hour-long with five testlets. Further, AUD, FAR, and REG feature multiple-choice questions (MCQs) and task-based simulations (TBSs). While BEC also includes written communication tasks (WCTs). 

Eligibility Requirements

You must fulfill the below-mentioned eligibility requirements:

Apply for the CPA examCPA ExamA Certified Public Accountant (CPA) is a US state board-issued license to practice the accounting professionread more through the state board with the required documents and application fees. Kindly visit the official portal for the complete procedure. 

Fees

Candidates will receive a NASBA payment coupon once the state board accepts and forwards the application to NASBA. So, they must use it to submit the examination fees.  

Please note that you can’t withdraw from the licensure test. Hence, ensure to take up the applied exam section(s) within six months of the Notice-to-Schedule (NTS) receipt date. 

Required Documents

Submit the following documents to the Nevada State Board of Accountancy:

Nevada CPA License Requirements

Here is the checklist for Nevada CPA License:

  • Education – Bachelor’s degree with 150 semester hoursExamination – Score a minimum of 75 points in all four sectionsExperience – 2 years in public accounting or 4 years in government/other industry (full-time)Ethics – Pass the Rules of Professional Conduct (Ethics) ExamBackground investigation – Complete two fingerprint cards to ensure no criminal historyMoral character references – Submit the verified Moral Character Reference form.Personal identity – Obtain a valid Social Security Number (SSN)

There is no minimum age, citizenship, or residency requirement to be met. After passing the CPA exam and meeting all Nevada requirements, submit the license application, fees, a recent original 2×2 photo, and documents to the state board. Please note that photocopies of photographs are unacceptable. 

Education Requirements

Nevada CPA licensure applicants must hold a bachelor’s degree with 150 semester hours. These 150 hours include:

  • 30 semester (45 quarter) hours of non-introductory accounting courses in the following subjects:Financial Accounting – 9 creditsCost Accounting – 3 creditsAuditing – 3 creditsFederal Income Tax – 3 creditsAccounting Electives – 12 credits3 semester (4.5 quarter) hours in Business Law,  24 semester (36 quarter) hours of undergraduate or graduate-level business courses (except accounting courses) in the following subjects: Behavior of OrganizationsLegal & Social EnvironmentBusiness FinanceCommunicationBusiness LawStatisticsComputersQuantitative Applications in BusinessData ProcessingOral CommunicationEconomicsEthics in BusinessMarketing Management

Moreover, foreign degree holders must submit a course-by-course listing to the Nevada State Board. 

  • Financial Accounting – 9 creditsCost Accounting – 3 creditsAuditing – 3 creditsFederal Income Tax – 3 creditsAccounting Electives – 12 credits

  • Behavior of OrganizationsLegal & Social EnvironmentBusiness FinanceCommunicationBusiness LawStatisticsComputersQuantitative Applications in BusinessData ProcessingOral CommunicationEconomicsEthics in BusinessMarketing Management

Exam Requirements

You must complete the Uniform CPA Exam within the rolling 18-month period. It comprises four sections with a passing score of 75 points in each on a scale of 0-99. For more details, refer to the Nevada Exam Requirements section. 

Experience Requirements

Fulfill one of the following pre-requisites: 

  • 2 years of full-time public accounting experience in a corporation, partnership, sole proprietorship, or LLC4 years of full-time experience in a governmental or other industry position equivalent to public accountingORA combination of public accounting or industry/governmental accounting experience

Ensure to compose, perform, manage, and review complex projects that demand fair judgment and intelligence. Check the Nevada State Board for the complete list of approved and unapproved tasks. Furthermore, the experience period in industry/government is calculated as twice the time of public experience. 

Candidates must gain the required experience under the direct supervision of an active CPA. In addition, they are required to complete and submit the duly signed experience verification form to the state board. 

Applicants with a non-CPA supervised work experience may also request an individual evaluation service by the board. 

Moral Character References 

Nevada CPA aspirants must submit a moral character reference form to three individuals (not a relative) familiar with the aspirant’s moral attributes. The licensure applicants or individuals signing the form can send the form directly to the board.

Background Investigation

Nevada Board of Accountancy is authorized to investigate all licensure applicants for criminal history. Thus, you must: 

  • Complete two fingerprint cards (printed or typed in black ink only)Include personal details like sex, height, weight, SSN, etc. Return both cards with your licensure application to the Nevada State Board

Candidates may submit electronic fingerprints through approved private fingerprint websites. 

Ethics Requirements

Lastly, ensure to pass the board-approved Rules of Professional Conduct (Ethics) exam within the past three years. You may also take the AICPA Professional Ethics for CPAs or PES Ethics & Professional Conduct exam.  

Continuing Professional Education (CPE)

Nevada CPA titleholders must earn 80 CPE hours annually. The board accepts programs offered by NASBA National Registry Sponsors to obtain the required CPE hours. 

With all information on the requirements, you can set aside your inhibitions, prepare for the exam, and get the Nevada CPA license. With the license, you may kick-start your entrepreneurial journey or join any of the “Big 4” accounting firms in the Sagebrush State.

Moreover, the accounting aspirants may choose to specialize in the preferred domain. Famous for its extensive gaming industry, Nevada is also a resourceful U.S. province for CPAs. So, be ready to pursue the CPA profession in a fun-filled state! Please refer to this article to learn more – CPEs for CPACPEs For CPAAs a Certified Public Accountant (CPA), you need to acquire Continuing Professional Education or CPE credits for sustaining your license. This ensures that you are actively involved in improving your know-how of the profession by engaging in learning activities.read more

Nevada Exam Information & Resources

1325 Airmotive WaySuite #220Reno, NV 89502

Office: (775) 786-0231Fax: (775) 786-0234

Email: [email protected]

  1. Nevada Society of CPAs (https://www.nevadacpa.org/)

5422 Longley Lane, Suite A

Reno, NV 89511

Phone: 775-826-6800

Fax: 775-826-7942

Email: [email protected]

  1. Nevada Secretary of State (https://www.nvsos.gov/sos)

101 N Carson Street Suite 3 Carson City, NV 89701

Phone: (775) 684-5708

  1. NASBA (https://nasba.org/)

150 Fourth Ave. North

Suite 700

Nashville, TN 37219-2417

Tel: 615-880-4200

Fax: 615-880-4290

A Guide to Nevada CPA Exam and License Requirements. Here we discuss all the aspects of the Nevada CPA license from eligibility, fees, documents, education, experience, etc. You may also have a look at the below articles to compare CPA with other examinations –

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