Nev. Admin. Code § 360.728 — 360.728

NAC 360.728    Periodic conduct of audits by Department; qualifications of
employees conducting audits. ( NRS
360.090 , 360.250 )
1.  The Department shall periodically conduct
performance audits of selected books, accounts and other records of responsible
county officers in each county to determine any one or combination of the
following:
(a) Whether the appraisals of the county assessor
comply with all applicable laws and regulations governing the assessment of
property taxes.
(b) Whether any county procedures relating to the
preparation of the assessment roll or the collection of property taxes,
including, without limitation, any procedures for the assessment of property,
claiming or determining tax exemptions, billing for taxes, enforcing the
payment of taxes, the redemption or sale of property, or the apportionment of
tax proceeds, comply with all applicable laws and regulations governing such
procedures.
(c) The honesty and integrity of fiscal affairs,
the accuracy and reliability of information and reports, and the effectiveness
of the system of management controls of the auditee relating to the preparation
of the assessment roll and the collection of property taxes.
(d) Whether control by management and the system of
information provide an adequate system of records and accounting relating to
the preparation of the assessment roll and the collection of property taxes.
2.  Each employee of the Department who
conducts a performance audit to determine whether the appraisals of a county
assessor comply with all applicable laws and regulations governing the
assessment of property taxes must be knowledgeable about the principles and
concepts of the appraisal of property.
(Added to NAC by Tax Comm’n by R039-10, eff. 8-13-2010)