Minnesota

License Renewal Date
12/31 Triennial License Renewal began in 2011. CPAs with last name beginning with I-P renew before December 31, 2011 for three years (expiring 12/31/2014); Individuals issued new certificates in 2011 are also required to renew as follows:
A-H: Renew for one year (expiring 12/31/2012)
Q-Z: Renew for two years (expiring 12/31/13)

CPE Reporting Period
7/1 to 6/30 annually, with a rolling 120 hour, 3-year CPE cycle.; July 31st reporting began 2011
A-H: Report will cover years 2009-2011 ended June 30 and must report CPE by 7/31/2011; years 2010-2012 ended June 30 and must report by 12/31/2012
I-P: Report will cover years 2009-2011 ended June 30 and must report CPE by 12/31/2011; years 2010-2012 ended June 30 and must report by 7/31/2012
Q-Z: Report will cover years 2009-2011 ended June 30 and must report by 7/31/2011; years 2010-2012 ended June 30 and must report by 7/31/2011

General Requirement
120 hours every 3 years, with a minimum of 20 hours per year.

Ethics Requirement
8 hours in Accounting Ethics or Business Ethics every reporting period.

Other Subject Area Requirements
None

Credit Limitations

  • The maximum credit for instructors is 50% of total hours.
  • The maximum credit for published articles and books is 50% of total hours.
  • The maximum credit for self-study is 80% of total hours.  All self-study courses must be from a NASBA QAS provider. Self-study courses offered by sponsors that are listed on the NASBA CPE Registry, but are not also QAS providers, are not allowed under Minnesota Rule 1105.3100.
  • Personal Development credits are limited to 24 hours.

Other State Policies
No more than 40% of the required hours can be earned through non-Registry or non-Board approved sponsor/program sources. For the 07/01/04 - 06/30/05 reporting year, the 3-year period ending June 30, 2007, and thereafter, programs that will automatically be accepted by the MN Board are seminar or lecture programs sponsored or presented by:

  • NASBA CPE Registry (for "live" credits only)
  • The Office of the Legislative Auditor or State Auditor (provided a quality review similar in scope to a system review level quality review conducted on a CPA firm has been completed in the last three years and an unmodified report on such review filed with the board)
  • CPA firms who have had a system review level quality review completed in the last three-years and an unmodified report received
  • Colleges and Universities whose academic programs qualify an applicant to sit for the CPA examination
  • CPE programs sponsored by professional organizations recognized by the board as report acceptance bodies (specifically approved by the board)

Non-Residency Licensees Requirement
A non-resident licensee with an active status in Minnesota meets Minnesota's requirements by meeting the requirements in which the licensee's principal office is located. If the principal office state has no CPE requirements, Minnesota's requirements apply.

Was this page helpful?
 Yes     No

How can we improve this page? (optional)

Enter the code in the box below:



Submit Comment