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Response below. If you want to read it. Simply stated I cannot gain experience through industry in Nevada. Does anyone know of a good state to get licensed in that allows industry experience from Finance or possibly not 4 years of internal audit? I’m not going into public accounting and the company I work for does not have internal audit positions in Nevada. I also don’t want to have to spend 4 years in internal audit. I’m trying to stick with Finance.
Nevada response below.
In response to your questions below regarding the experience requirement. The Nevada Board changed its experience requirement in late 2013. It was a difficult decision for the Board to remove the audit portion of the experience required. At this time based on the changes that were made there are only two methods of gaining experience in Nevada as follows:
1. 2 years public accounting under the supervision of a CPA
2. 4 years in internal audit or governmental accounting and auditing under the supervision of a CPA
Unfortunately there are no provisions for any experience being obtained through industry (even if it is under the supervision of a CPA). The Nevada Board is still unusual as most states allow for experience that comes from industry. The Board will be reviewing their statutory language during the next legislative session in 2017. However until then the law only allows for the above.
You might consider looking at some of the other states in order to at least obtain licensure from a state that allows industry for experience. The only problem with that is that you wouldn’t be able to utilize the CPA designation from another state in our state. However if you only need it for your employer it might be an avenue worth pursuing.
Let me know if I can provide further clarification regarding the above.
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