Minnesota HF1458 modifies education and experience requirements for certified public accountants and establishes reciprocity for licensed public.

Minnesota HF1458 amends the standards for required education and experience for certified public accountants and establishes reciprocity for licensed public accountants. Until July 1, 2030, a person must meet either the existing requirements or new requirements to be granted a certificate. After July 1, 2030, the board must grant a certificate if the person meets the new requirements. The bill also allows out-of-state accountants to practice in Minnesota if their qualifications are substantially equivalent to Minnesota's requirements. This section expires July 1, 2030.

Minnesota HF1458 modifies education and experience requirements for certified public accountants and establishes reciprocity for licensed public.

Minnesota HF1458 amends the standards for required education and experience for certified public accountants and establishes reciprocity for licensed public accountants. Until July 1, 2030, a person must meet either the existing requirements or new requirements to be granted a certificate. After July 1, 2030, the board must grant a certificate if the person meets the new requirements. The bill also allows out-of-state accountants to practice in Minnesota if their qualifications are substantially equivalent to Minnesota's requirements. This section expires July 1, 2030.