NOW HIRING: Executive Director
The Board of Accountancy is seeking qualified individuals to apply for the position of the Board's chief executive administrator. See the Minnesota Career Site (job ID 82019) for more information and how to apply. The posting closes January 6, 2025.
(Please do not contact the Board office; staff will not be able to asist you. Use the link above for details and correct contact information.)
2025 Renewals Now Open for ALL Licenses, Registrations and Firm Permits
Renewals have opened for all licensees, registrants, and firm. (Firms other than sole proprietors: Look for a letter from the Board mailed 10/28, which contains information you need in order to renew.
- Inactive licensees renewing for 2025 must use Online Services. There is no paper renewal option.
- Active licensees and Sole Proprietor firms that do not provide services that require peer review and that do not have non-CPA owners can renew using Online Services.
- All CPA firms** as well as those SP firms that do not meet the criteria above must use paper forms.
- All RAPs must use paper forms.
If you wish to go Exempt or Retire, or are seeking Reactivation or Reinstatement, see the separate (not Renewal) forms for those statuses/processes in the "Forms" section of the website.
A reminder that if you have a CPE requirement (Active licensees licensed prior to July 1, 2023, and those seeking to change from Active to Inactive, Exempt, or Retire), you must complete and report CPE prior to renewal.
DO NOT ENTER CARRYBACK HOURS ONLINE. CPE entered online must be earned in the proper period. Falsely reporting CPE hours may result in disciplinary action (Minnesota Rule 1105.3000 E (2023)). See "CPE Reporting" for instructions on how to report carryback hours.
**Firms: Two-thirds of all Minnesota-licensed owners must be renewed prior to submitting the firm renewal.
Office Closed December 25, January 1, January 20
The Board office is closed Wednesday, December 25, Wednesday, January 1, and Monday, January 20, for observed holidays. Online Services remain open.
Rulemaking Notice: Adopted Rules
The Board published in the July 29 2024, issue of the State Register Adopted Rules Governing Examination Credit Requirements and Continuing Professional Education Late Processing Fees, Minnesota Rules, 1105.2000, 1105.2560, and 1105.3000.
The rules are effective as of August 2.
NASBA is working on updating the Candidate Portal, with a projected date of August 15, 2024, at which time candidates can view the impact of the change on their credits.
Do note that the rule change does NOT "extend extensions"; rather, it changes the window of validity both in duration and start date:
- Start date: was "exam sat" date; NOW: score release date
- Duration of validity: was 18 months; NOW 30 months
Some individuals will find that a credit previously expired has time left under the new rule/window. Some who received the June 30, 2025, extension may find that their credit has an expiration date yet further out under the 30-month rule. Others will find that the June 30, 2025, extension they received (or a different extension request granted by the Board) remains their credit expiration date.
As circumstances will vary so uniquely to each individual, wait for and review your scores in the NASBA Candidate Portal once the changes go live there on August 15, 2024.
License Cards for Current CPA Licensees and SP Firms Available Through Online Services
The Board does not mail license or permit cards upon renewal. Current Active and Inactive status licensees may instead log into Online Services and print a PDF version of their license card. Sole proprietors whose firm permit number is the same as their individual license number can also print a copy of their firm permit.
Log in to Online Services, then select the "License Card" tab (see image). If a card is available, you will see a "print" option. Note that if you have only just recently renewed or become licensed, the card may not be available (or may not show your new expiration date) for 3-5 business days.
When you select "print" a PDF is generated. Where the file saves or how it displays will depend upon the browser/browser settings you use. Lines on the 8 1/2 x 11 printout indicate where to cut to create the traditional oversized and wallet-sized cards.
No license/permit cards are available for CPA firms or RAPs/RAP firms. To verify your status and expiration, use Find a CPA (individuals) and Find a CPA Firm (CPA and RAP firms).
Beware of Email Phishing
The Minnesota Board has learned that a phishing message claiming to be from the Minnesota Board regarding "licensee fee changes" has been circulating. The Board sent no such message (and there are no fee increases). If received, follow the best practices at your firm for dealing with suspicious emails.
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 DECEMBER 2024):
• Failed to complete CPE for reporting year FY24 on time (6/30/24): $175
• Earned CPE for FY22 and FY23 on time but reported late (after 12/31/22 and 12/31/23 respectively): $950.
• Earned FY22 on time but reported late (after 12/31/22) and failed to complete FY23 CPE on time (6/30/23): $1100.
|
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*: |
Fee is: |
Submit: |
Failed to complete CPE by**: |
Fee is: |
|
|
|
06/30/24 |
$175 |
12/31/23 |
$325 |
Certificates of completion for only those hours earned after 6/30/2023 and required fees** |
06/30/23 |
$475 |
12/31/22 |
$625 |
Certificates of completion for only those hours earned after 6/30/2022 and required fees** |
06/30/22 |
$775 |
12/31/21 |
$925 |
Certificates of completion for only those hours earned after 6/30/2021 and required fees** |
06/30/21 |
$1075 |
* If a non-Minnesota resident claiming exemption from CPE reporting under MN Rule 3100, Subp. 3, you must claim the exemption by the reporting deadline or be subject to the same fees as those late reporting hours.
** If you completed CPE hours after the earning deadline(s), you must include copies of the certificates of completion for those hours. |