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MNCPA Perspectives: Succession

It’s a big week for accounting in Minnesota!
November 7, 2022  |  By Stephanie Schmidt
In an ongoing effort to grow the CPA pipeline, the MNCPA joined forces with more than 35 state CPA societies and the AICPA in a concentrated effort to raise awareness of the accounting profession within schools nationwide. Read more
MNCPA members: What concerns us most about upcoming tax season
January 10, 2023  |  By Corey Butler
We asked our members as part of the annual MNCPA Tax Survey about what concerns them most about this upcoming tax season... Read more
Blackout dates ahead of CPA exam changes
January 18, 2023  |  By Anne Janotta Erickson
A completely overhauled CPA exam will hit testing centers in January 2024. Newsflash: That’s officially one year away! Mark these important dates on your 2023 calendars... Read more
Broadening the path to CPA licensure
January 31, 2023  |  By Linda Wedul, CAE
Last month, MNCPA members received an email that the MNCPA board approved moving forward with drafting legislation to broaden the path to CPA licensure in Minnesota... Read more
The gift of time, knowledge ahead of CPA exam changes
February 13, 2023  |  By Stephanie Schmidt
I have good news for anyone who is currently taking the exam or will begin the process this year: The Minnesota Board of Accountancy (BOA) approved an 18-month credit extension... Read more
An agile accounting profession requires adaptable licensing requirements
February 23, 2023  |  By Linda Wedul, CAE
There are not enough CPAs now nor expected in the future to meet the needs of communities, entities and clients, setting up a perfect scenario for future financial failures. Introducing legislation was driven by several years of MNCPA member concerns and feedback... Read more
Response to Journal of Accountancy article, Feb. 10, 2023, ‘NASBA upholds 150-hour education requirement’
February 27, 2023  |  By Linda Wedul, CAE
We believe we are closer to the AICPA and NASBA in finding solutions for this critical issue than the article leads readers to believe... Read more
CPA credential legislation is start of discussion
March 1, 2023  |  By Linda Wedul, CAE
Declining high school graduation sizes, increasing demand for CPAs, increasing retirements and declining number of candidates sitting for the CPA exam are converging... Read more
Comment on exposure draft concerning CPA exam scores
March 29, 2023  |  By Linda Wedul, CAE
The MNCPA, along with 15 other state societies, support a 36 month window for CPA exam scores to be valid, allowing busy candidates more viable time to sit for the exams. Please send your support of this change to NASBA... Read more
CPA pathways discussion: Addressing the objections
May 8, 2023  |  By Linda Wedul, CAE
The reason driving the change — the declining number of CPAs — is well-documented, so what are the objections to broadening the pathway to CPA licensure? Let’s discuss... Read more
Broadening the pathways to CPA licensure discussion will continue
May 22, 2023  |  By Geno Fragnito
The MNCPA board-approved bill, with bipartisan support in both the Minnesota House and Senate, did not become law this year, but this is not the end of this bill... Read more
Why should a school district care about CPA licensure?
August 4, 2023  |  By Guest Author
Working in public education, I am acutely aware of how difficult it is to hire quality staff, but I never took a step back to think about what this means in other sectors throughout Minnesota... Read more
Experiential learning: An evolution in how knowledge is obtained by prospective CPAs
August 15, 2023  |  By Guest Author
As the AICPA and NASBA consider new ways to enhance the attractiveness of the profession to counter a drop in accounting student enrollments and retain them... Read more
The CPA pipeline: Students are the future
August 29, 2023  |  By Julia Shiota
The 2023 MNCPA Annual Meeting this month provided an opportunity to reflect on challenges by discussing areas of the profession that still need addressing, such as the CPA pipeline... Read more
We must change the conversation around pathways to CPA licensure
October 5, 2023  |  By Boz Bostrom, CPA
It is no secret the field of accounting has both pipeline and diversity problems. There are many actions that should be taken to address these problems, and one of those is to follow Minnesota’s lead... Read more
Recent grads dish on 150 hours, CPA licensure
December 13, 2023  |  By Corey Butler
Hear from six current and recent students from two Minnesota universities to see how they view the accounting profession, the requirements around accreditation and how these weighed into their professional choices... Read more
Reaching high school students: Ideas from CPAs
February 13, 2024  |  By Corey Butler
As part of our annual MNCPA Tax Survey, we recently asked members a score of questions, including their ideas about what they have done or suggest for encouraging more students to get involved in the accounting industry... Read more
CPA licensure bills return to Minnesota Legislature
February 14, 2024  |  By Linda Wedul, CAE
The 2024 Minnesota legislative session convened this week and bills introduced last year automatically rolled over into the second year of the biennium... Read more
Connect with legislators concerning CPA pathways licensure bills
February 27, 2024  |  By Geno Fragnito
Can one voice have an influence? Yes! When you share how an issue affects you, your business or your clients, it elevates an issue for legislators... Read more