CONTRACTOR'S BOARD CPA AFFIDAVIT BOARD CLARIFICATION INFORMATION
The Board is frequently contacted from licensees with clients that require completion of the Nevada State Contractors Board forms. The concern is based on the affidavit that requires the licensee to sign off that they have reviewed the records of the client in accordance with generally accepted auditing standards when in fact a review has not actually been performed. The concern would be if violations of the professional standards would occur by signing the form.
The Board has attempted to gain the Contractors Board support in changing the wording within their law. However until the law is changed the requirement still stands.
Requests have been made for the Board to provide sample language to the licensees to assist them in compliance with meeting the needs of their clients.
The Board is therefore providing the following sample forms in an effort to provide clarification to licensees: (Click to download)
Note: The sample documents only deal with sales tax paid and that contractors can also meet the criteria for preference in bidding by also paying government services taxes on vehicles that are owned in the business. Any combination of sales and use tax and government services taxes will suffice. The accountant will need to modify the procedures based on what he/she and the contractor decide to examine. The accountant should make sure the report and engagement letter conform to the most current published attestation standards.