Use of the CPA Title Current Nebraska regulations require that active permit holders (CPAs) practice public accountancy only within CPA firms that hold a State Board-issued permit. This safeguard ensures the public is not misled when seeking professional accounting services. Over time, State Board staff have worked closely with CPAs and non-CPA entities to navigate these requirements and develop practical solutions. The State Board has published “Alternative Practice Structure (APS) Guidelines,” available at nbpa.nebraska.gov/firms/alternate-practice-structure-guidelines. Recently, national discussions have prompted State Boards to reexamine these restrictions amid growing pipeline challenges and the rise of Alternative Practice Structures (APS), many backed by private equity. The AICPA supports allowing CPAs to “hold out” within APS entities, while Nebraska’s current rules restrict this. The Licensing Committee will review these developments and consider possible updates in line with any future recommendations from the Uniform Accountancy Act (UAA) Committee. The Future of CPE Continuing Professional Education (CPE) continues to evolve rapidly, with virtual learning now commonplace and some states considering reductions to the traditional 40-hour annual requirement. The CPE Committee will closely monitor these national shifts and evaluate whether Nebraska’s current CPE rules should adapt accordingly. The Committee will coordinate efforts with the Nebraska Society of CPAs and observe trends among other state boards. As you can see, the State Board remains highly engaged and committed to upholding the integrity of the CPA profession in Nebraska—protecting the public while ensuring regulations remain current, practical, and forward-looking. If you would like to discuss any of these initiatives or share your thoughts, contact Dan Sweetwood, executive director of the Nebraska Board of Public Accountancy, at (402) 471-3595 or dan.sweetwood@nebraska.gov. It’s not balance—it’s belonging. At Frankel, you’re not just a name on a spreadsheet. You’re part of a team that celebrates birthdays, checks in after long days, and believes your career should fit your life. We’re growing—and we’re looking for people who want to grow with us. Tax, Audit, Accounting, Technology, & Business Consulting 402.496.9100 | jobs@frankel.cpa Learn more about open positions at frankel.cpa/careers 11 nescpa.org
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