Nebraska Board of Public Accountancy

The Board is responsible for licensing and regulating Certified Public Accountants (CPAs) and Public Accountants (PAs) in Nebraska.

Peer Review Enrollment Information

IT IS ANTICIPATED BOARD REGULATIONS WILL REQUIRE A PEER REVIEW FOR FIRMS THAT HAVE PREVIOUSLY PARTICIPATED IN THE BOARD’S QEP PROGRAM.

The Nevada Society of CPAs administers the AICPA Peer Review Program for Nebraska CPA firms.

INSTRUCTIONS FOR ENROLLING IN A PEER REVIEW PROGRAM:

1. TO ENROLL IN PEER REVIEW complete one of the following forms:

If your firm has an owner/partner who is an AICPA member, please complete the AICPA Enrollment form

          Mail the completed form to: Nevada Society of CPA’s
                                                    6490 S. McCarran Blvd. D1-28
                                                    Reno, NV 89509

If your firm does not have any owners/partners who are AICPA members please complete the NVCPA Enrollment Form

You have the option to enroll with a different Administering Entity. Go to Administering Entity for further information.

2. After a firm's enrollment form has been received, a due date for the firm’s initial review is assigned. Generally, the due date for the firm's first review is 18 months from the date of enrollment or from when the firm should have enrolled.

3. Approximately six to nine months before a firm's review due date, the NVCPA will send the firm a scheduling packet that must be completed and returned to the NVCPA in order for the review to be scheduled. It is the firm's responsibility to choose its own reviewer.
Go to: https://peerreview.aicpa.org/resume/ResumeDetail.aspx
The review should not commence until the firm has received notification from NVCPA (or the administrating entity) that the reviewer has been approved to perform the review.

4. Once the review has been completed, the reviewer will issue a report to the firm. If the firm receives a rating of pass on its peer review, the firm does not need to submit the report to the administering entity. Reports with a rating of “pass with deficiencies” or “fail” should be submitted along with the firm's letter of response within 30 days of receiving the report or by the firm's review due date, whichever is earlier.

5. Once all of the review documents have been through the administrative and technical review process, they are presented to the Peer Review Committee for consideration of acceptance. After the Committee meets and accepts a review, firms should receive the review acceptance letter from the NVCPA within 14 days. However, some firms may be required to perform certain follow-up actions before the review can be closed. Generally, the firm's next review due date is set three years later.

If you have further questions contact:

Ms. Heather Myers, Peer Review Coordinator
(402) 471-3595
Heather.Myers@Nebraska.gov
Nebraska Board of Public Accountancy
PO Box 94725
Lincoln, NE 68509

Please use the below to find out various information about the Peer Review Program.