Changes to Board of Accountancy CPE rules
Updated May 21, 2019
Minnesota Board of Accountancy’s (BOA) rules changed 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 2017:
The BOA has converted all credits previously reported for fiscal years 2017 to fit into the current 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 post-rules change:
CPE credits earned after the rules changed must comply with the new CPE rules.
Understand CPE reporting and record keeping
Additional resources
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 the MNCPA CPE department at customerservice@mncpa.org or 952-831-2707.