|
Last updated January 4, 2010
December 31, 2009 was the deadline to renew your CPA certificate with the Minnesota Board of Accountancy. View details below on
the 2010 renewal year as well as changes coming to the BOA's overall renewal
cycle process. 2009: Deadline Dec. 31, 2009
to renew
All CPAs in Minnesota
had a deadline of December 31, 2009 to renew their CPA certificates for renewal
year 2010. If you missed this deadline, you are currently out of compliance with
the BOA. Don't delay in renewing your certificate!
There are two ways to renew your certificate - online or via paper copy. Online renewals are
typically processed in just over a week. You can also download from the BOA's
Web site the renewal form and mail it in.
Individual BOA certificate renewal links
»
Online form
»
Printable form (PDF)
» Find
your certificate (license) number in the BOA database
Note that if your renewal reached the BOA on Dec. 31 but the
BOA didn't process it until after Dec. 31, you will still be considered out of
compliance. If the form is incomplete, you will be uncertified until you return
a complete form and it is approved. This gap in certification is a potential
liability risk. Additionally,
firm permits cannot be issued until all individual
certificates are renewed.
You will be charged a late fee of $50 if you send your renewal after Dec. 31.
2010 and going forward: Three-year certificate renewal cycle
In 2010, the Minnesota Board of Accountancy will shift to a three-year
certificate renewal cycle based on last name. This is a change from the BOA’s
current yearly renewal process that both active and inactive CPAs in Minnesota
must follow. This change will result in both active and inactive CPAs needing
to renew their certificates every third year rather than on a yearly basis. Your
renewal year will be determined by the first letter of your last name and
grouped by A - H, I - P, and Q - Z.
View where you fall in the BOA's updated renewal cycle:
» A - H last names
» I - P last names
» Q - Z last names
The CPE reporting process will also be connected to this renewal cycle
change. Active CPAs will continue to report their CPE to the BOA on a yearly
basis for the three preceding years. When you report your CPE will depend on
where you fall in the BOA's renewal cycle.
- Report your CPE by Dec. 31 if it is a certificate renewal year
for you. You report your CPE when you renew your certificate.
- Report your CPE by July 31 if it is NOT a certificate renewal
year for you.
When the change takes effect
While this renewal cycle shift begins with the 2010 renewal year, it will
take until 2014 for a consistent pattern to form. In the meantime, the MNCPA has
created the chart below to outline when you will need to renew your certificate
and report your CPE.
Certificate renewal cycle for 2009-2014
Last name begins with A-H
| Year |
Action required |
CPE reporting period |
| 2009 |
|
X
3 year certificate |
2006 |
2009 |
| 2010 |
|
|
2007 |
2010 |
| 2011 |
X |
|
2008 |
2011 |
| 2012 |
|
X
3 year certificate |
2009 |
2012 |
| 2013 |
X |
|
2010 |
2013 |
| 2014 |
X |
|
2011 |
2014 |
Last name begins with I-P
| Year |
Action required |
CPE reporting period |
| 2009 |
|
X
2 year certificate |
2006 |
2009 |
| 2010 |
|
|
2007 |
2010 |
| 2011 |
|
X
3 year certificate |
2008 |
2011 |
| 2012 |
X |
|
2009 |
2012 |
| 2013 |
X |
|
2010 |
2013 |
| 2014 |
|
X
3 year certificate |
2011 |
2014 |
Last name begins with Q-Z
| Year |
Action required |
CPE reporting period |
| 2009 |
|
X
1 year certificate |
2006 |
2009 |
| 2010 |
|
X
3 year certificate |
2007 |
2010 |
| 2011 |
X |
|
2008 |
2011 |
| 2012 |
X |
|
2009 |
2012 |
| 2013 |
|
X
3 year certificate |
2010 |
2013 |
| 2014 |
X |
|
2011 |
2014 |
BOA certificate renewal fees
For the 2010 renewal year, an active CPA certificate will cost $50 and an
inactive CPA certificate will cost $15 to renew (includes BOA surcharge).
Because CPAs will be renewing their certificates for one, two, or three years
based on last name, fees will be prorated accordingly. Those with last names
ending in Q-Z can expect to pay for one year's renewal. Last names ending in I-P
will pay a fee for two renewal years. And last names ending in A-H will pay for
three years.
Have questions?
View a list of frequently
asked questions regarding the BOA's certificate renewal cycle.
Firm permit renewal information
December 31, 2009 was also the deadline for firms and sole practitioners to
renew their firm permits for 2010. Find additional information regarding
firm permit renewal
as well as links to the BOA's firm permit online forms.
Contact the Board of Accountancy
The Minnesota BOA is the appropriate agency to contact for regulatory issues.
Vicky Oehrlein, the certificate coordinator for the BOA, may be reached at
651-296-7938 or Vicky.Oehrlein@state.mn.us for questions about certificate
renewal.
You can also visit the BOA Web site for complete details on fees,
disciplinary issues or rules.
Note: MNCPA membership dues are not part of the CPA certification process.
|
