Minnesota HF4911 modifies eligibility requirements for certified public accountants and firms.

Minnesota HF4911 amends the eligibility requirements for certified public accountants and firms. It allows individuals with a valid certificate from another state to practice in Minnesota without needing a local license, provided they meet certain conditions. Firms from other states can also offer services in Minnesota if they meet specific qualifications. The bill also outlines corrective actions for firms that fall out of compliance and modifies permit requirements for firms performing attest services. The changes are effective retroactively from May 24, 2025.

Minnesota HF4911 modifies eligibility requirements for certified public accountants and firms.

Minnesota HF4911 amends the eligibility requirements for certified public accountants and firms. It allows individuals with a valid certificate from another state to practice in Minnesota without needing a local license, provided they meet certain conditions. Firms from other states can also offer services in Minnesota if they meet specific qualifications. The bill also outlines corrective actions for firms that fall out of compliance and modifies permit requirements for firms performing attest services. The changes are effective retroactively from May 24, 2025.