• CPAs who prepare tax returns for a public accounting firm with a CPA firm permit
• CPAs who issue compilation reports other than through a CPA firm
• CPAs employed by the Office of the Legislative Auditor or State Auditor

See BOA rule 1105.2500

• Sufficient if preparing a small number of returns each year

• $100 annually
• MNCPA dues are not determined by certificate status

• $25 annually
• MNCPA dues are not determined by certificate status

• Annual minimum of 20 CPE credits
• 120 CPE credits every 3 years, including 8 hours of ethics
• Maintain records of completed CPE credits
• CPE courses must comply with BOA rules
• Renew CPA certificate and report CPE based on BOA rules

• State 'inactive' when using CPA credential; example: Joe Smith, CPA (inactive)
• Renew CPA certificate based on BOA rules
• No CPE credits required once inactive status is finalized by BOA
• Must return to active status to use CPA without 'inactive' modifier

View steps to convert to active

• Display the credential as evidence of your professional background
• Exhibit strong technical, personal and ethical skills
• Mitigate risk for your clients or company with current knowledge of regulations and trends
• Increase your marketability and job opportunities. Salary can increase as much as 10% when the credential is active.
• Safeguard yourself to use 'CPA' in other states, as active certificate is more substantially equivalent

• No required educational costs once inactive status is finalized by BOA
• No restrictions on format or topic of educational programs you choose to attend

• Costs to maintain CPA certificate
• Time away from office necessary to attend CPE courses

• Public confusion over validity of CPA credential when 'inactive' modifier is used
• Potentially outdated skills or management practices due to lack of training
• May not be eligible to use 'CPA, Inactive' in other states with no substantial equivalency