Minnesota CPA Requirements

The CPA is one of the hardest and prestigious professional designations someone can earn. Having said that, the CPA designation is the gold standard throughout the accounting industry. Candidates who earn their CPA's will accelerate their careers, earn promotions, and most likely earn a pay increase. The exam has many CPA requirements in Minnesota that must be met before candidates can even take the exam. Make sure you are ready for the CPA exam by checking out our best CPA review courses.

Every state in the United States has their own set of requirements for candidates before they can take the CPA exam. If you are wanting to take the CPA exam in the state of Minnesota, consider the following requirements and see if you meet all the standards to take the CPA exam.

Minnesota CPA Contact Information

Earning your CPA designation is a very long and stressful process – but can be very rewarding at the end. Candidates who wish to take the CPA exam in Minnesota should make sure they meet all the criteria and should double check with the Minnesota State Board of Accountancy for any fee, rules, or requirement changes.

Minnesota Board of Accountancy

  • 85 East 7th Place, Suite 125, St. Paul, MN 55101-2143
  • 651-296-7938

Visit Minnesota Board of Accountancy

CPA Requirements MN

Degree and Education Requirements in Minnesota

The state of Minnesota requires all CPA candidates to have their baccalaureate degrees. As well as earning their baccalaureate degree, candidates must complete 150 credit hours. This is significant because most colleges and universities award baccalaureate degrees after only 120 credit hours – students who wish to take the CPA after they graduate must take an additional 30 credit hours.

An additional requirement by the state of Minnesota includes candidates taking 24 credit hours in accounting classes and 24 credit hours in business or other related courses. Candidates that are pursuing an accounting major should meet these requirements relatively easy.

Degree and Education Requirements in Minnesota

  • Bacclaureate Degree Required
  • 150 Total Credit Hours
  • 24 Credit Hours in Accounting Classes
  • 24 Credit Hours in Business Related Classes

Residency and Age Requirements in Minnesota

Candidates who wish to take the CPA in the state of Minnesota do not have to be United States citizens. As well as not having to be a U.S. citizen, candidates do not have to be a Minnesota resident either. The state of Minnesota does not have a minimum age requirement to sit for the CPA, so if you meet all the other requirements, you can take the CPA at whatever age you desire.

Residency and Age Requirements in Minnesota

  • U.S. Citizenshp Not Required
  • Residency in the State of Minnesota Not Required
  • No Age Requirements

CPA Fees in Minnesota

With the CPA exam being so expensive, candidates should ensure they are prepared to take the CPA exam the first time around. Minnesota has an application fee of $190. Along with the application fee, candidates will also have to pay $208.40 for each test section on the CPA.

Candidates who wish to take the whole CPA exam in Minnesota will have to pay a total of $1023.60. Candidates who need to retake portions of their CPA exam will have their registration fee adjusted accordingly.

CPA FEES in Minnesota

  • Application Fee- $190
  • Audit - $208.40
  • Financial - $208.40
  • Regulation - $208.40
  • Business - $208.40
  • Total - $1023.60

CPA License Requirements in Minnesota

On top of all the requirements that must be met to take the CPA, there are also requirements that must be fulfilled to maintain a CPA designation. Minnesota CPA holders are required to complete continuing education hours, have a social security number, and pass the AICPA Ethics Exam. As well as those requirements, CPA holders must also have prior work experience.

CPE in Minnesota - Continuing Education

CPE, also known as continuing professional education, is needed for candidates to continue holding their CPA designation. Minnesota requires their CPA holders to complete 120 CPE hours. CPE hours are required so that individuals can continue to improve their skills and learn new skills. CPA holders need to renew their CPE hours every 1 year OR 3 years (you get to choose) in Minnesota.

The accounting world is always changing with new rules and regulations being implemented so CPE hours have become a requirement in most states. Candidates can complete their CPE requirements in various ways and are usually required to complete the hours based on various subjects. For more information, click here.

Minnesota CPA Experience Requirements

Minnesota requires candidates to have experience before they can issue the license. Usually this experience includes providing any type of service that uses accounting, compilation, advisory, tax, or consulting.

Note – work experience is not required to sit for the CPA exam, only to have the state issue your CPA license.

Other Requirements in Minnesota

Another box that must be checked when earning your CPA in the state of Minnesota includes passing the AICPA Ethics exam. The AICPA Ethics exam is designed by the AICPA and is used to prepare CPA candidates for ethical problems they may encounter in their professional accounting careers. Minnesota also requires candidates to have a social security number.

  • CPE Hours

  • 120 Total CPE Hours Required
  • Renewal Every 1 Year OR 3 Years (you get to choose)
  • Work Experience

  • Work Experience Required
  • Accounting, Compilation, Advisory, Tax, or Consulting
  • Other Requirements

  • Social Security Number Required
  • Passing of the AICPA Ethics Exam

Additional Links and Resources

For more information on the CPA exam and requirements check out the following links. With the CPA exam being so expensive to take, make sure you pass it the first time – see our reviews for the top CPA review courses.

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