MNCPA and the BOA: Helping you be the best CPA!
BOA Business
Julia Shiota, MNCPA communications coordinator | February/March 2024 Footnote
Editor's note: Updated February 1, 2024
From new CPAs just beginning their careers to those who have been practicing for decades, the MNCPA and the Minnesota Board of Accountancy (BOA) are here to help! While both organizations offer support for those in the industry, there are some key differences in the type of support they provide.
Here’s a quick review of both organizations so you know who to reach out to when help is needed.
What does the BOA do?
The BOA is a regulatory organization with the mission of ensuring accredited licensure, oversight and enforcement of those who practice accounting — including certified public accountants.
To that end, the BOA processes and approves any initial new CPA certificate applications, as well as any CPA certificate status change requests (active, inactive, retired) and regulates CPA firms that are licensed to practice public accounting. The BOA also establishes CPE requirements and addresses any ethics-related questions, while enforcing ethical standards of practice.
Key BOA dates to keep in mind:
- CPE year: July 1-June 30.
- Annual CPE reporting deadline: Dec. 31.
- Annual CPA certificate renewal (active and inactive): Dec. 31.
What can the MNCPA do for me?
The MNCPA works with the BOA to provide professional support for CPAs. We offer annual memberships that run April 1-March 31. That membership gives access to a lot of useful resources, such as:
- First dibs on continuing professional education that’s compliant with BOA regulations, plus a useful MNCPA CPE Log to help keep track of all your credits!
- Advocacy focused on any changes in BOA rules or legislation that impacts the profession.
- Resources to help you do your job, like member-exclusive brochures for clients, access to individualized HR expertise through the HR Hotline and more.
- Answers to ethics-related questions and recommendations for and corrective action.
- Ways to engage with future CPAs and give back to the profession through volunteer and outreach opportunities.
- Opportunities to network with other professionals in the industry, whether through conferences and seminars or through social events like golf outings and biannual recognition dinners that celebrate newly certified CPAs.
Questions for the MNCPA? Contact us at 952-831-2707 or
membership@mncpa.org. Remember that CPA certification is regulated by the Minnesota BOA. They can be reached at 651-296-7938 or
www.boa.state.mn.us.
