Changes to Board of Accountancy CPE rules

Updated June 13, 2018

Changes to the Minnesota Board of Accountancy’s (BOA) rules are now official. Rules were posted to the State Register on Jan. 2, 2018, with an effective date of Jan. 9, 2018.

CPE rules for active CPAs were affected. Use the following chart to identify how BOA Rule 1105.3100 has changed.

CPE rules change summary

OLD NEW (Effective Jan. 9, 2018)
Major Delivery Formats Accepted
Group Live, Group Internet Based, Self-Study

BOA Rule 1105.3100, Subp. 1 & Subp. 2
Group Live, Group Internet Based, Self-Study, Blended Learning, Nano-Learning

BOA Rule 1105.3100, Subp. 1 & Subp. 2
NASBA Registry Requirement (No Exceptions)
Self-Study

BOA Rule 1105.3100, Subp. 2: ...All self-study programs and program sponsors must be approved by NASBA and listed on NASBA's CPE Registry. ...
Self-Study, Blended Learning, Nano-Learning

BOA Rule 1105.3100, Subp. 2: ...All self-study, blended learning and nano-learning programs and program sponsors must be approved by NASBA and listed on NASBA's CPE Registry. ...
Delivery Format Requirement
Group Live, Group Internet Based - 24 credits minimum

BOA Rule 1105.3100, Subp. 4, C: at least 24 hours must be obtained from attending instructor-led programs
Group Live, Group Internet Based and/or Blended Learning - 24 credits minimum

BOA Rule 1105.3100, Subp. 4, C: at least 24 hours must be obtained from attending group or blended learning programs
Field(s) of Study Requirement
Personal Development - 24 credits maximum

BOA Rule 1105.3100, Subp. 4, D: a maximum of 24 hours may be obtained from programs in the subject area of personal development defined as a field of study that covers such skills as communications, managing the group process, dealing effectively with others, interviewing, counseling and career planning
Technical - 60 credits minimum 

 BOA Rule 1105.3100, Subp. 4, D: a minimum of 60 hours must be obtained from technical learning activities as defined in the NASBA Fields of Study, July 2016 revision, and incorporated by reference

Technical vs. non-technical credits

Technical fields of study include: 
accounting, accounting (governmental), auditing, auditing (governmental), business law, economics, finance, information technology, management services , regulatory ethics, specialized knowledge, statistics, taxes

Non-technical fields of study include: 
behavioral ethics, business management and organization, communications and marketing, computer software and applications, personal development, personnel/human resources, production

There is no limitation on non-technical credits provided you have met the minimum 60 technical-credit requirement.

Recently-approved CPE formats

Nano-learning:
(Sources must be listed on the NASBA Registry and approved for nano-learning formats.) 

0.2 credits = 10 minutes 
Learning a given subject in a ten-minute time frame using electronic media and without interaction with a real time instructor. This is different than a QAS self-study program because it’s focused on a single learning objective and cannot be paper based. 

Blended learning:
(Sources must be listed on the NASBA Registry and approved for blended learning formats.)

A single learning program that incorporates multiple formats or delivery methods. Activities can include lectures, discussion, guided practice, games, case studies, and simulation. Varied delivery methods include group live, group internet based, self-study, or nano-learning.

Note: Nano-learning and blended learning programs taken prior to Jan. 9, 2018, cannot be counted in fiscal year 2018.

CPE reporting

Reporting credits for 2016 and 2017:
The BOA has converted all credits previously reported for fiscal years 2016 and 2017 to fit into the new CPE reporting form. Personal development credits were reclassified as non-technical credits, while all other credits were reclassified as technical credits, regardless of field of study.  

Reporting credits for 2018:
All CPE credits earned for fiscal year 2018 (July 1, 2017, through June 30, 2018) must comply with the new CPE rules. 

Understand CPE reporting and record keeping

View a sample BOA CPE reporting form

Additional resources

What the BOA rule changes mean for you and your CPE
BOA Business, May 2018 Footnote

How do BOA CPE rules changes impact you?
BOA Business, February/March 2018 Footnote

New year, new CPE rules
MNCPA Perspectives

NASBA Fields of Study
PDF, July 2016 revision

Questions?

The BOA regulates CPAs in Minnesota. They can be reached at 651-296-7938 with specific questions or visit the BOA website.

Contact MNCPA customer service at customerservice@mncpa.org or 952-831-2707.