CPA Exam
Veterans Covered for CPA Exam
The Uniform CPA Examination has been approved by the Department of Veterans Affairs as a certification test that veterans in any state can take and have the expense elligible for reimbursement of up to $2000. In addition, military spouses of active duty members are covered under the Department of Defense's Military Career Advancement Account (MyCAA) program for up to $4000 in financial assistance toward their education and testing. To find out more information about the reimbursement program go to www.gibill.va.gov.
CPA Examination fees
Effective September 15, 2008 - Examination applications can be submitted to NASBA before a student graduates:
Minnesota Statutes, section 326A.03, subd. 3a (2008 MN Laws, Ch. 195) Subd. 3a.
Early Examination. Notwithstanding any contrary provision in this section, the board may adopt rules to permit a person under certain circumstances:
(1) to apply for the examination within 180 days prior to the person's anticipated completion of the education requirements; and
(2) to take all or a part of the examination within 90 days of the anticipated completion of the education requirements. No credit shall be given for any part of the examination taken before completion of the education requirements in subdivision 3 unless:
(i) the education requirements in subdivision 3 and adopted rule requirements are met within 120 days after taking any part of the examination; and
(ii) documentation of completion of education requirements is received by the board within 150 days of the person taking any part of the examination.
Minnesota Rules, chapter 1105.1650
1105.1650 EARLY APPLICATION AND EXAMINATION PROVISIONS.
A. Notwithstanding the requirements in parts 1105.1500, subpart 1, and 1105.1600, subpart 2, and as provided for by Minnesota Statutes, section 326A.03, subdivision 3a, an applicant for the examination may:
(1) make application for the examination within 180 days prior to the anticipated completion of the education requirements contained in part 1105.1500 and Minnesota Statutes, section 326A.03, subdivision 3; and
(2) sit for part or all of the examination within 90 days prior to the anticipated completion of the education requirements contained in part 1105.1500 and Minnesota Statutes, section 326A.03, subdivision 3, provided that:
(a) the applicant has met all the requirements for sitting for the examination contained in part 1105.1600, except for obtaining the final official transcript containing proof the applicant has completed the education requirements contained in part 1105.1500 and Minnesota Statutes, section 326A.03, subdivision 3;
(b) the applicant submits a transcript containing courses completed and a listing of courses which are going to be completed by the applicant to meet the education requirements contained in part 1105.1500 and Minnesota Statutes, section 326A.03, subdivision 3; and (c) the applicant has paid all required fees for the examination and is otherwise qualified to sit for the examination.
B. No credit shall be given for any part of the examination taken before completion of the education requirements contained in part 1105.1500 and Minnesota Statutes, section 326A.03, subdivision 3, if the education requirements are not met within 120 days subsequent to first sitting for any part of the examination and a final transcript containing proof that the applicant has completed the education requirements as required by part 1105.1600, subpart 2, is not received by the board or examination administrator within 150 days of the applicant first sitting for any part of the examination.
C. Examination related fees required by parts 1105.0600 and 1105.2100 shall not be refunded if the applicant does not submit a final transcript within the 150-day period required in item B.
Applicants who make application for the CPA examination within 180 days before completion of their education and who do not take any part of the examination before completing their education are required to submit their final transcript within 150 days following completion of their education.
The Board considers the date the college or university grants the degree as the date the applicant completes their educational requirement.
For information on the computer based test (CBT) call CPA Exam Services at 1-800-272-3926 or visit their web site.
Education Requirements on or after July 1, 2006.
Education Required for Initial Certification on or after July 1, 2006.
Experience Required for Initial Certificate on or after July 1, 2006.
AICPA/NASBA Guide Implementing the 150-Hour Requirement
Resolution regarding Internship hours