Board of Accountancy News
Duplicate License Cards
The Board will no longer replace lost license cards. At this time, the Board will issue a license card when the license is first granted and when licenses are renewed. Verification of current licenses can be found by clicking on the "Find a CPA" link on the left hand side of this page.
Firm name change form
If you are changing the name of your CPA firm, you must complete and submit this form.
2010 Individual Certificate Renewals are now available.
Renew online or by submitting a paper form. All renewals are due by December 31, 2009.
If you submit your renewal after the December 31, 2009 deadline, you must also include the $50 delinquency fee.
Licensing surcharge to be assessed beginning July 1, 2009
The Minnesota Office of Enterprise Technology (OET) recently sponsored and the Minnesota Legislature passed legislation requiring a 10% surcharge of no less than $5 and no more than $150 on each business, commercial, professional or occupational license. The funding from this surcharge will go to OET, which will establish an electronic licensing system for the state. The surcharge will be in place through June 30, 2015. See Laws of Minnesota 2009, Chapter 101, Article 2, Section 59.
Fee schedule
Important information regarding changes in the certificate renewal process and the CPE reporting rules:
Three year renewal/CPE reporting schedule
Please note: The three year renewals apply to both active and inactive certificate holders.
Renewals:
Beginning with certificate renewal applications for calendar year 2010, the board shall renew each certificate as follows:
(1) For licensees whose last name begins with the letters:
(a) A through H, certificates shall be renewed for a three-year period (Cycle A);
(b) I through P, certificates shall be renewed for a two-year period (Cycle B); and
(c) Q through Z, certificates shall be renewed for a one-year period (Cycle C); and
(2) Renewals of those certificates, after the expiration of the renewals periods specified in subitem (1), shall thereafter follow a three-year cycle. For more information, please see Minnesota Rule 1105.2550.
Please note that CPA firms, Sole Proprietor firms, RAP firms and Registered Accounting Practitioners will continue to renew on an annual basis.
CPE Reporting:
Beginning in calendar year 2011, licensees holding an active certificate on June 30 shall report to the board by July 31 of each year the continuing professional education hours earned during the one- and three-year CPE period ended on June 30. The report shall be made as required by the board and no report under this item shall be required of a licensee in the final year of the renewal cycle specified in part 1105.2550. For more information, please see Minnesota Rule 1105.3200.
The Board has had many questions regarding the new CPE reporting rules and would like to provide clarification:
Beginning in 2011 (and going forward) if you:
- Are required to renew your certificate in December, you will report your CPE by December 31st in connection with your renewal.
- If you are not required to renew your certificate in December, you will report your CPE by July 31st.
Please note:
- CPE remains on a rolling three-year basis, and the Board will continue to review the last three years of CPE whether you are required to report by December 31st or July 31st.
- CPE remains on a fiscal year basis – July 1st to June 30th – hours must be completed by June 30th of each year.
Employment within the state: Minnesota Management and Budget
