673.483 - Audit of books and accounts. - Nevada Statutes

673.483  Audit of books and accounts.

      1.  Each association shall, at least once each year, cause its books and accounts to be audited at its own expense by a certified public accountant or firm of such accountants selected by the association and approved by the Commissioner.

      2.  The Commissioner may prescribe the scope of the audit.

      3.  A certified copy of the audit, including the management and internal control letters relating to the audit, must be furnished to the Commissioner.

      (Added to NRS by 1963, 471; A 1977, 513; 1983, 1795; 1987, 1978)

      NRS 673.4835  Independent audit and examination: Payment of assessment; cooperation.  Each association shall pay the assessment levied pursuant to NRS 658.055 and cooperate fully with the audits and examinations performed pursuant thereto.

      (Added to NRS by 1987, 827)