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The Beef Between the AICPA and Minnesota Over the 150 Hour Rule Heats Up

Going Concern

For public accounting firms in Minnesota: Minnesota public accounting firms, no longer being able to practice freely across state lines, would need to provide advance notice and gain a practice permit before signing any client engagement agreement or providing any public accounting service.

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Monday Morning Accounting News Brief: BTFO PCAOB; Did the CPA Exam Evolve Without Academia? | 4.28.25

Going Concern

Faculty members who believe they are not prepared (as well as some who do believe they are prepared) responded that they need additional resources to help them prepare their students for the new CPA exam and careers in public accounting. That 14% must have a good hookup in India.

CPA 52