CPA Exam Requirements Minnesota – Overview | |
Educational Hours Required for Exam | 150 Semester Hours |
Educational Hours Required for Licensure | 150 Semester Hours |
Residency Required | Resident of Minnesota, or be regularly employed, or working in Minnesota for the purpose of obtaining qualifying experience, or will have been within 90 days preceding or following the date of the Uniform CPA Examination. |
Degree Required | Bachelor’s or Master’s |
Minimum Age | Not required |
Application Fee | $150.00 |
Additional Requirements | Minnesota Board of Accountancy Site |
CPA Exam Requirements Minnesota
Minnesota CPA Exam Education Requirements
The Certified Public Accountant (CPA) certification is one of the most prestigious professional certifications available. It indicates that the accountant has satisfied a demanding set of educational, professional, and ethical standards. In addition, candidates must pass the rigorous CPA exam in order to earn the distinction of this credential. Before candidates can sit for the exam, they must satisfy their Minnesota CPA requirements and qualifications. Each state has its own set of eligibility requirements for the CPA exam, which should not be confused with licensing requirements. Below we will be discussing the requirements for the state of Minnesota.
- Undergraduate or graduate level of education from an accredited institution
- 24 semester hours of accounting courses, such as management accounting, at the intermediate or advanced (so, not introductory) level.
- Passing the ethics exam
Minnesota CPA Exam Fees
$150 for the initial application. Candidates can take one or more sections of the exam at a time and must pay the following fees to CPA Examination Services at the time of application:
- Auditing and Attestation (AUD): $224.99
- Business Environment and Concepts (BEC): $224.99
- Financial Accounting and Reporting (FAR): $224.99
Regulation (REG): $224.99
Scheduling the CPA Exam in Minnesota
Upon successful state application, candidates will receive a Notice to Schedule (NTS), which is valid for one testing event or six months, whichever comes first. The NTS lists the section(s) that the candidate is approved to take, as well as the deadline for testing. An examination appointment cannot be scheduled without a valid NTS. Once candidates receive their NTS, they can then contact Prometric to schedule the examination. All scheduling, rescheduling, or cancellation of testing appointments is done through Prometric.
Note: Appointments are based on a first-come, first-served basis. This means that you will want to schedule your exam as soon as possible for the best chance to get your preferred location, date, and time. You must have your exam scheduled at least 6 days prior to the exam date, which also means there is no “walk-in” testing.
Preparing for the CPA Exam
Currently, the average pass rate for any given section of the exam is about 50%, which is a great indicator of the exam’s difficulty. This is where a great CPA Review Course is instrumental. Review Courses have been preparing accounting professionals to pass the exam for years. Just about every accountant who has become a CPA utilized a review program. In other words, they are a worthy investment.
The CPA Exam is no longer administered via “testing windows” with “blackout dates.” Instead, there is rolling testing. Candidates may schedule their exam appointment at www.prometric.com/CPA or alternatively by calling Prometric at 1-800-580-9648.
Minnesota CPA Exam Score Release
Upon completing each section of the exam, candidates can obtain their scores online after the National Association of State Boards of Accountancy has released the information. They can also elect to have exam scores mailed to them.
You can begin processing your CPA license after passing the uniform CPA exam. Your bachelor’s degree or graduate degree and hours of studying have finally paid off.
Additional Information
While we do our best to keep all of this information up to date, you are welcome to visit and or contact the Minnesota Board of Accountancy with any other questions you might have.
Minnesota State Board of Public Accountancy
Address: 85 East 7th Place, Suite 125 St. Paul, MN 55101
Phone: (651) 296-7938 Fax: (651) 282-2644
Email: [email protected]
Web: www.boa.state.mn.us
Application Form: Minnesota CPA Application Form