Minnesota CPA Exam & License Requirements

Minnesota CPA Exam & License Requirements

In Minnesota you must be a state resident in order to obtain a CPA license.  You will need 150 semester hours/credits to get your license however you may sit for the CPA exam up to 90 days prior to completing this requirement.

To be eligible to sit for the CPA exam students must first fulfill these qualifications and requirements:

  1. Minimum age: 18
  2. U.S. Residency NOT Required
  3. State Residency Required: must be a resident, employee, OR have an office in the state

Education Requirements

Candidates must fulfill ONE of the following:

(1) Graduate degree in accounting

(2) Graduate degree in business:

  • Accounting courses:
    • 24 semester hours in undergraduate financial accounting, auditing, taxation, and management accounting; OR
    • 15 semester hours in graduate financial accounting, auditing, taxation, and management accounting; OR
    • Equivalent combination

(3) Undergraduate degree in accounting or business:

  • Accounting courses:
    • 24 semester hours in undergraduate financial accounting, auditing, taxation, and management accounting
    • 24 semester hours in business courses

(4) Undergraduate degree

  • If you earn enough accounting and business credits you may be qualified. Please check out the CPA Education Requirements for details

*Important Note:

  • Candidates may apply for the exam 180 days prior to completing educational requirements
  • Candidates will receive “provisional” approval to take the CPA exam 90 days prior to completing educational requirements
  • Educational requirements must be completed no later than 120 days after the actual date the candidate took the first exam section

MN CPA License Requirements

Education

  • 150 semester units from an accredited university

Work Experience

  • 1 years of relevant work experience verified by an active CPA licensee

Ethics Exam

*Best time to take the Ethics Exam is after you pass all 4 CPA sections

Minnesota CPA Exam Fees

The cost to take all four sections of the CPA exam in Minnesota is $743 plus the initial $175 application fee.  The re-examination registration fees vary depending on the number of sections you are signing up for.

Auditing and Attestation (AUD)$195.35
Business Environment and Concepts (BEC)$176.25
Financial Accounting and Reporting (FAR)$195.35
Regulation (REG)$176.25
Application Fee:$175

**Important Note: You should not apply and pay for exam sections that will not be taken within six months because your Notice to Schedule (NTS) in Minnesota expires 6 months after issuance.

Additional CPA Requirements

  1. Pass all 4 sections of the CPA exam with a score of 75% or higher
  2. Complete verified accounting work experience
  3. Pass AICPA Ethics Exam
  4. Fill out and submit all required CPA license application paperwork
  5. Pay the CPA license application fee

MN Exam Information and Resources

Minnesota CPA Candidates

Minnesota CPA Exam Application

Minnesota CPA License Requirements

MN CPA Examination FAQ

For more details, please contact:

Minnesota State Board of Accountancy
85 East 7th Place, Suite 125
St. Paul, MN 55101

Email: [email protected]
Phone: 651-296-7938
Fax: 651-282-2644

What’s Next?

Now that you have started the CPA exam application process, your next step is to find a CPA review course that fits your budget, learning style and schedule.

It can take several weeks for your application to be processed so don’t waste that valuable time waiting to hear back from your state board.  If you start studying now you will get a nice jump start on the material and will be better prepared to pass your first CPA exam!

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8 Comments
  • tmoneyman
    Posted at 6 October, 2015 13:53 PM Reply

    Hello. Does the work experience need to be verified by a direct supervisor or can it be from someone I work with for tax season (active CPA who does our business taxes). Thanks!!

    • buom0701
      Posted at 9 June, 2015 20:07 PM Reply

      I have a bachelors degree in accounting from St Cloud State University (123 Credits) in Minnesota which falls under Level 2 Schools. Now does it matter what college I get my remaining 27 credits from? OR I have to get it from a Level 2 school?

      • BWelk
        Posted at 23 June, 2015 14:14 PM Reply

        I'm almost positive it has to be from the same level of accredited university/college. I'd suggest calling your state Board of Accountancy to find out if there are any special exceptions that fit into your situation.

      • swapna
        Posted at 17 June, 2014 14:33 PM Reply

        Hi I have couple of questions for someone unable to fulfill d experience requirement. How many credit hours of education is required and which ones to do. Can u please guide.

        • BWelk
          Posted at 19 June, 2014 08:27 AM Reply

          Swapna,Sorry but I'm not sure I understand. You need 1 year or work experience to get licensed in Minnesota. Have you already passed the CPA exam?

          • swapna
            Posted at 19 June, 2014 14:23 PM Reply

            Yes I passed CPA exam. There is a requirement for Minnesota state board that I get 1 yr experience within 3yrs from the date of receiving the letter of passing the exam. I couldn't work for the past 2 yrs due visa issues and now searching for job. Now my concern is that I may not be able to fulfill the experience requirment within the time frame. For which I would have to complete some cpe study hrs. How do I know where and which ones to do.Can you help?

            • BWelk
              Posted at 22 June, 2014 06:34 AM Reply

              I'm sorry but I cannot properly answer your question, it is a very special circumstance and the only way to know for sure is to talk to your state Board of Accountancy. I would recommend calling them everyday until they help you get the answers you need.-Bryce

              • swapna
                Posted at 22 June, 2014 10:50 AM Reply

                Thank you Welk. Like you said, will call state board for specific answer.