License renewals require the completion of at least 120 hours CPE during every three-year period ending on June 30, with a minimum of 20 hours in each year.
At least 8 of the 120 hours must be in accounting or business ethics. The eight-hour requirement can be met by taking our Minnesota Ethics course or by taking any of our hour-appropriate general ethics courses. Follow the ethics link on our homepage to access the courses.
A minimum of 60 of the 120 hours must be in technical subjects such as accounting, auditing, taxation, management advisory services, finance, and regulatory ethics.
No more than 80% of the 120 hour requirement can be obtained from self-study programs during the three-year period preceding renewal. No more than 20% of the 120 hour requirement can be in the subject area of personal development.
Yes. Minnesota requires all self-study program sponsors to be members of NASBA's Quality Assurance Service Program. As a member of NASBA’s QAS sponsor approval program, our courses are accepted for credit in Minnesota.
As a member of the NASBA Registry and QAS sponsor approval programs, we are required to conform to the measurement standards contained in the Statement on Standards of Continuing Professional Education (CPE) Programs developed jointly by NASBA and the AICPA. Under these Standards our credits are based upon 1 CPE credit for every 50-minutes of study time, as determined by the average test results of CPAs pre-testing the material prior to publication.
Minnesota State Board of Accountancy
85 East 7th Place, Suite 125
St. Paul, MN 55101
Phone: (651) 296-7937
Fax: (651) 282-2644