Continuing Professional Education (CPE)
Ongoing education is a large part of maintaining the CPA credential. In Minnesota, active CPAs must earn continuing professional education (CPE) to use the credential without restriction. Inactive CPAs are not required to earn CPE, but many return to the classroom for education on issues that affect them as professionals.
Continuing professional education requirements are set and enforced by the Minnesota Board of Accountancy, outlined in Chapter 1105 of Minnesota Administrative Rules. CPAs must earn 120 hours of CPE every three years, including eight hours of ethics, with a minimum of 20 CPE hours annually.
A CPE year runs from July 1 to June 30 in Minnesota.
CPAs must be aware of the types of CPE accepted by the Minnesota Board of Accountancy. CPE limitations, including caps on self-study or courses offered by non-registered providers, exist to protect the credibility of the education required for the credential.
Read more about this topic: Minnesota Society Of Certified Public Accountants
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