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MNCPA Footnote: Professional Issues & Standards

Carrying credits back? We’ve got your back - June/July 2022
While fixing a CPE shortage isn’t the end of the world, it’s still a compliance mishap. Don’t delay; the noncompliance fees add up.

A look back at the MNCPA’s MBAC22 - August/September 2022
The MNCPA’s premier event for CFOs, financial leaders, internal auditors and business advisers was back this year in a new format and new venue.

2022 legislative session review - August/September 2022
Find out about key issues the MNCPA is monitoring at the Capitol. Stay current on legislative news and events with stories, tips and grassroots involvement.

Automatic CPA certificate revocation is a thing of the past - August/September 2022
Legislation passed in 2022 eliminates the automatic revocations requirement after two years of not renewing and allows the lapsed certificate to show up as expired.

ASU, ASC and SAS, oh my - October/November 2022
There’s much to be understood about ongoing standards changes, including some that are already effective. Here’s a look at a handful of these A&A changes that may affect the work you do.

What is ESG? - June/July 2021
One acronym has quickly risen to the top of many C-suite and board agendas in the past year: ESG, or environmental, social and governance.

Communications the key to our sustainable relationship - June/July 2021
Find out about key issues the MNCPA is monitoring at the Capitol. Stay current on legislative news and events with stories, tips and grassroots involvement.

Take care of yourself, each other - August 2021
Get insight and news from MNCPA leadership about the organization and professional issues.

Giving thanks in trying times - November 2020
Get insight and news from MNCPA leadership about the organization and professional issues.

What did, didn’t happen at the Capitol - August 2021
Find out about key issues the MNCPA is monitoring at the Capitol. Stay current on legislative news and events with stories, tips and grassroots involvement.

Forgetting firm permit renewal: How bad is it? - December 2022/January 2023
Forget the small stuff. Here’s why forgetting to renew your firm permit for 2023 is a very big deal.

MNCPA sets 2022 legislative agenda - February/March 2022
It’s imperative issues that affect the CPA profession and those you serve continue to get attention from lawmakers.

The new staff augmentation arrangements - September 2021
The PEEC has established a new ethics section to provide guidance on how services can be rendered and still maintain independence with regard to attest clients.

A complex intersection of state and federal tax laws - September 2021
The Minnesota Department of Revenue provides and update on its implementation and process of tax law changes.

CPA status options: Can I? Should I? How do I? - September 2021
Whether you’re changing your CPA status from inactive to active or vice versa, the most important part is getting the answer right.

MNCPA to explore broadening CPA licensure options - February/March 2023
The board approved an initiative to draft legislation to broaden options to CPA licensure requirements in Minnesota while maintaining rigorous testing requirements.

CPA exam set to change in 2024 - February/March 2023
Spread the word! For those who have already taken one or multiple parts of the exam, encourage them to complete (and pass) all four sections of the current exam to get ahead of the change.

MNCPA sets 2023 legislative agenda - February/March 2023
Federal conformity and private letter rulings are once again at the top of the list

What’s in a name? Turns out, a lot - February/March 2023
The BOA has spelled out rules regarding how a firm can be named in Minnesota Rules 1105.6300 and 6400. We’ll break it down for you right here.

CPA Evolution explained - June/July 2023
By now you’ve heard the CPA Exam will be changing — some may even say evolving. In fact, the change is called CPA Evolution. Let’s examine how the exam is changing and how to plan for the changes.

Tax issues you might have missed during year-end close - June/July 2023
The IRS officially kicked off the tax filing season Jan. 23, 2023, and issues continued to arise in the tax world. Here are some of the key issues you might have missed.

The case of the Crappy chappie - August/September 2023
MNCPA member Chuck Selcer shares his knowledge about ethics requirements and laws with unique humorous fictitious stories.

ESG: Where do I start? - August/September 2023
As stakeholder expectations around environmental, social and governance (ESG) grow and regulatory compliance pressures continue to increase, many organizations are focusing on sustainability.

Minnesota paid sick and safe leave - August/September 2023
Learn how employers can stay compliant with the new Minnesota Earned Sick and Safe Leave Act.

Minnesota bans new employee covenants not to compete - October/November 2023
Learn about the new ban on employee covenants not to compete and the impact it will have on the employer-employee relationship.

The case of the thorn in the plan - December 2021/January 2022
MNCPA member Chuck Selcer shares his knowledge about ethics requirements and laws with unique humorous fictitious stories.

The status of SAS 134, 135, 136 and beyond - December 2021/January 2022
SAS 134–140 will take effect for audits of financial statements for periods ending on or after Dec. 15, 2021. Here’s what you need to know.

Building a tax system for all Minnesotans - December 2021/January 2022
Minnesota Department of Revenue Commissioner Robert Doty writes about creating a tax system for all.

CPA firms: Expect the unexpected - December 2021/January 2022
Don’t forget to incorporate the BOA rules into your succession-planning discussion. Doing so will help you to avoid complications, especially if non-CPA owners are involved.

The case of the double Czech - February/March 2022
MNCPA member Chuck Selcer shares his knowledge about ethics requirements and laws with unique humorous fictitious stories.

Renew and report by Dec. 31 - October/November 2023
Learn about important news from the Minnesota Board of Accountancy. Monthly topics include rules, CPE requirements, CPA exam information, licensing, and more.

Navigating change in our lives, profession - December 2023/January 2024
Get insight and news from MNCPA leadership about the organization and professional issues.

Acknowledging the good in challenging times - April 2021
Get insight and news from MNCPA leadership about the organization and professional issues.

SQMS No. 1: First steps - October/November 2022
SQMS No. 1 deals with a firm’s responsibilities to design, implement and operate a system of quality management for its accounting and auditing practice.

What are you waiting for? Renew and report already! - October/November 2022
The the BOA encourages CPAs to renew and report as soon as possible. Doing so ensures that mistakes can be caught and fixed ahead of Dec. 31.

Navigating the Corporate Transparency Act - December 2023/January 2024
Many CPAs are starting to express concern as to what their responsibilities are regarding the Corporate Transparency Act (CTA). So, what is Beneficial Ownership, anyway?

Firm permit renewal is a very big deal - November 2021
Without a permit, a firm cannot operate or advertise as a CPA firm, nor perform compilations, audits or other attest services.

The kids are alright - December 2019/January 2020
Sixteen accounting students share their thoughts and expectations for the future of the profession and their respective careers.

What Auditchain and DCARPE Alliance means for the future - December 2019/January 2020
It appears the accounting, audit and financial reporting profession is due for a major long-term upgrade cycle.

What CPAs should know about likely changes to the Farm Service Agency payment, AGI limits - August/September 2024
Although the new farm bill is not yet final, CPAs should understand how some proposed changes (including the current rules) will affect their farm clients.

Updates to Uniform Guidance: Key changes to know - August/September 2024
The revised Uniform Guidance is effective Oct. 1, 2024. To prepare for that effective date, here are changes of note in Uniform Guidance.

Updates to Uniform Guidance: Key changes to know - Popular Articles
The revised Uniform Guidance is effective Oct. 1, 2024. To prepare for that effective date, here are changes of note in Uniform Guidance.

The CPA talent pipeline today - August/September 2024
Dive into the national discussion around the talent pipeline, including the additional pathways to CPA licensure.

The CPA talent pipeline today - Popular Articles
Dive into the national discussion around the talent pipeline, including the additional pathways to CPA licensure.

Ch-ch-ch-ch-changes: Name changes and license renewal - August/September 2024
Learn about important news from the Minnesota Board of Accountancy. Monthly topics include rules, CPE requirements, CPA exam information, licensing, and more.

Get to know the mission behind the Minnesota Board of Accountancy - February/March 2022
Charles Selcer, MNCPA member and the BOA’s new chair, shares the important work being done by the BOA.

The status of SAS 136 - August 2020
The AICPA Auditing Standards Board delayed the effective dates of SASs No. 134–140 to provide relief to audit firms amid the challenges created by the coronavirus pandemic.

Keep the CPE flowing ahead of June 30 - April/May 2022
Stay in the know with this helpful flowchart that outlines CPE requirements and certificate renewal information.

Complexity and rapid rates of change — CPAs know both - October 2021
Who better than a CPA to serve as a subject-matter expert and influence decision-makers, while also building your sphere of influence and growing your professional network?

Don’t be scared! Renew and report before Dec. 31 - October 2021
Make no bones about it, Dec. 31 is your deadline for renewing and reporting to the BOA. Miss it and you’re out of compliance.

Young Professionals at the Tax Conference - October/November 2024
Take a look at the popular young professional track at the MNCPA's Tax Conference.

Takin' care of business — before Dec. 31! - October/November 2024
Learn about important news from the Minnesota Board of Accountancy. Monthly topics include rules, CPE requirements, CPA exam information, licensing, and more.

Quality Management standards - December 2023/January 2024
We’re now a year and a half closer to Dec. 15, 2025, the date by which QM implementation is required. Follow these practical steps to prepare your firm for compliance.

Tax Cuts and Jobs Act: Preparing for the provisions set to expire - June/July 2024
Now that we are into the middle of 2024, it’s a good time to review the Tax Cuts and Jobs Act (TCJA) provisions scheduled to expire at the end of 2025 if no action is taken by Congress to extend them.

Tax Cuts and Jobs Act: Preparing for the provisions set to expire - Popular Articles
Now that we are into the middle of 2024, it’s a good time to review the Tax Cuts and Jobs Act (TCJA) provisions scheduled to expire at the end of 2025 if no action is taken by Congress to extend them.

Mastering professional writing - June/July 2024
As the post-pandemic world adapts to remote work and virtual interactions, mastering the art of professional writing has never been more important.

A closer look at the BOA’s retired status - June/July 2024
Learn about important news from the Minnesota Board of Accountancy. Monthly topics include rules, CPE requirements, CPA exam information, licensing, and more.

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