September 23 Online Services Interruption
Due to regularly scheduled maintenance by US Bank, the payment portion of Online Services will be unavailable from 12:00 a.m.-5:00 a.m. on Sunday, September 23. You may submit CPE during that time, but do not attempt to renew.
2019 Individual Renewals Are Now Open
Renewals are now available for CPA and RAP individuals and CPA sole proprietors. (CPA and RAP firm renewals open in late September and firms will be contacted by mail).
All licenses, registrations and permits expire December 31, 2018. EVERYONE must renew, even those recently licensed. For those with CPE reporting requirements, that reporting must be submitted prior to or along with your renewal.
Online Services is the quick and easy electronic means for individual CPAs and Sole Proprietors* to renew. The Board accepts Visa, Mastercard, and Discover Card as online payment methods.
Paper forms that can be completed electronically, printed, signed, and then mailed are also available under Forms. When submitting a paper form, payment must be by check (no cash, bill pay or credit card). Please note: RAPs, firms other than sole proprietors, and those seeking Exempt status or surrendering their license must use the paper renewal option, as must anyone with disciplinary action since their last renewal.
*Those specific sole proprietors who must undergo peer review also must use the paper renewal option.
Answers to questions concerning renewal can be found on the Frequently Asked Questions (FAQ) page.
Get notices by email!
If you haven't already signed up for the Board's email communications (The Ledger eNews), do it today. No fear of email clutter: The Board only emails when significant Board-related news occurs or deadlines relevant to your licensure approach—such as renewals.
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September Complaint Meeting Canceled
The Complaint Committee meeting scheduled for September 24 has been canceled.
Jensen Nominated as NASBA Regional Director
Sharon Jensen, CPA, Board Vice Chair, has been nominated to serve as a Director at Large for the National Association of State Boards of Accountancy (NASBA), of which the Minnesota Board is a member. Elections take place in October at the NASBA Annual Business Meeting. Currently, Ms. Jensen serves NASBA as Central Region Director.
Jensen, McElroy Appointed to the Board
Governor Mark Dayton announced his appointments to the Board of Accountancy: Sharon Jensen, CPA, the Board's current Vice Chair, has been reappointed for a new term ending January 3, 2022. Joining her on the Board as a new appointee is Charles McElroy, CPA. He fills a vacated position on the Board, with a term ending January 4, 2021.
Sharon Jensen, CPA, is Vice Chair of the Board and Chair of the Complaint Committee. She also services as the National Association of State Boards of Accountancy (NASBA) Central Region Director and NASBA/AICPA International Qualifications Appraisal Board (IQAB) Chair. She previously served on NASBA's Legislative Support Committee and Global Strategies Committee. In her professional practice, Ms. Jensen specializes in strategic initiatives, U.S.
and international regulatory reporting, technical accounting, organizational governance and
enterprise risk management. She previously served as the chief financial officer for a multinational manufacturing company operating in the US, Europe, Latin America and Australia, leading the strategic expansion into Europe and Latin America. She has 15 years of experience in public accounting as an audit partner and providing consulting services to companies in many different industries. This is Ms. Jensen's third term with the Board.
Charles McElroy, CPA, has over forty years of experience in public accounting and served as Chief Quality Officer for CliftonLarsonAllen,LLP (CLA) for many years. Key responsibilities as Partner at CLA included direction of the quality control and risk management for the firm. Throughout his career Mr. McElroy has been involved in many professional organizations and numerous related committees. He was a member of the American
Institute of Certified Public Accountants (AICPA) Accounting and Review
Services Committee, and is a past chair of the AICPA’s Professional Issues Task Force (PITF). Mr. McElroy also served as a member of the AICPA’s Auditing Standards Board, Peer Review Board, Center for Public Company Audit Firms Peer Review Committee, Accounting Standards Executive Committee, and CPA Exam Task Force. Mr. McElroy is a member and past president of the
Minnesota Society of CPAs. This is Mr. McElroy's first term on the Board.
IRS to Tax Professionals: "Use Stronger Passwords and Encrypt Data"
The Internal Revenue Service urges all tax professionals to use strong passwords to protect accounts from cyberthieves and to consider encryption for all sensitive data.
Strong password and encryption protocols, the IRS says, should be standard features of any data security plan that must be created by all professional tax return preparers. The Electronic Tax Administration Advisory Committee (ETAAC) noted in its recent annual report to Congress that many tax pros do not have data security plans that are required by the Federal Trade Commission. Tax Security 101: Passwords, Encryption
Was That Call/Email/Fax/Text Really from the Board?
With new technology comes new ways for the unscrupulous to commit fraud—and those scammers have grown more and more sophisticated, spoofing phone numbers and creating authentic looking emails.
As a licensee, you may even hear from someone claiming to be from this Board. See our Facebook post for some tips on how to sort valid Board communication from scams.
Continuing Professional Education Reporting Fee Chart
Either the left or the right fee column for any given year will apply. If you are noncompliant in more than one year; you owe the applicable fee for each year.
Examples (rates valid only for September 2018):
• Failed to report CPE on time in 2016 and 2017 but earned it both years in the proper timeframe: Total fee is $750.
• Failed to complete CPE on time for 2018 and reported late for 2017: Total fee is $350.
• Reported late for 2017 but earned CPE in proper timeframe: Total fee is $250.
• Reported late for 2016 and 2017 and failed to complete on time in 2018: Total fee is $900.
|Reported CPE late but earned the CPE during the proper timeframe, use these columns:
||Failed to complete CPE in proper timeframe (and so also did not report it on time), use these columns:
|Failed to report CPE by:
||Complete and/or submit:
||Failed to complete CPE by*:
||Certificates of completion for only those hours earned after 6/30/2018 and required fees**
||Certificates of completion for only those hours earned after 6/30/2017 and required fees**
||Certificates of completion for only those hours earned after 6/30/2016 and required fees**
||2016 CPA certificate renewal form* and required fees**
|* If you completed CPE hours after the June 30th deadline(s), you must include copies of the certificates of completion for those hours.
|**The above-referenced fees reflect the rates if submitted/postmarked by SEPTEMBER 2018. |
MN Rule 1105.3000 (E)(2018)
|For renewals/CPE prior to these dates, please see Reinstatement.