Minnesota Board of Accountancy

Regulation • Licensure • Enforcement • Public Service


Key Information for Prospective and Current Licensees




NEWS

Board Meeting July 28

The full Board meets July 28 at 9 a.m. in Suite 295 of the Golden Rule Building. The Exam/Credentialing and CPE committees meet at 8:00 a.m.; Firm Credentialing/Peer Review committee at 8:30 a.m., and the Executive committee following the full Board meeting.

Governor Dayton Appoints New Board Members

The Governor recently announced his appointments to the Board of Accountancy, filling three vacancies. The appointments were effective June 29, 2016, with terms expiring January 6, 2020. The Board welcomes

  • Christopher Omdahl, CPA – Minneapolis, MN
  • Lance Radziej, CPA – Minneapolis, MN
  • Debra Thompson, CPA – Minnetonka, MN

New  Options Available for Those Needing CPA Exam Testing Accommodations

NASBA, working with AICPA and Prometric, has developed new extended time and break accommodations for those qualifying under ADA and ADAAA regulations. The new options are available beginning May 15, 2016.

AICPA Announces 2015 Elijah Watt Sells Award Recipients

The AICPA has released its list of 2015 Elijah Watt Sells Award recipients, which includes Minnesota candidate Thomas R. Fine. The award is given to CPA candidates who have obtained a cumulative average score above 95.50 across all four sections of the Uniform CPA Examination, passed all four sections of the Examination on their first attempt and completed testing in 2015. A total of 93,742 individuals sat for the Examination in 2015, with 75 candidates meeting the criteria to receive the Elijah Watt Sells Award. The full list of recipients and further details on the award are available on the AICPA website.

Elijah Watts Sells Award News

 

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 July 2016):
• Reported late for 2014 and failed to complete on time in 2015: Total fee is $850.
• Reported late for 2014 and 2015 but earned CPE in proper timeframe both years: total fee is $700.
• Failed to complete CPE on time in 2015: total fee: $350
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**: Complete and/or submit: Failed to complete CPE by*: Fee is**:
    Certificates of completion for only those hours earned after 6/30/2016 and required fees** 06/30/16 $50
12/31/15 $200 2016 CPA certificate renewal form* and required fees** 06/30/15 $350
12/31/14 $500 2015 CPA certificate renewal form* and required fees** 06/30/14 $650
12/31/13 $800 2014 CPA certificate renewal form* and required fees** 06/30/13 $950
07/31/13 $925 7/31/2013 CPE reporting 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 in JULY 2016.
Minnesota Rule 1105.3000 (E)(2014)

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