Minnesota Board of Accountancy

The meeting included the acceptance of the Investigator's Report, noting 94 open files. Discussions covered the Fiscal Year 2026 Budget and Revenue Report, the NASBA 2025 Q3 CPA Exam Report, and updates on license renewals. Funding was secured from the Technology Modernization Fund for licensing software replacement (LCS Modernization). Reports from the Complaint, Executive, CPE, Firm Credentialing and Peer Review, and Laws and Rules Committees were accepted, with the latter resulting in launching a new rules package. New business involved the approval of several applications for reinstatement and applications for Minnesota and Foreign Firm Permits. Two requests for license exception were denied. Several firm name changes were approved, and 34 Peer Review reports with a "pass" rating were accepted, with authority delegated to the Executive Director for future acceptance of similar reports. Travel authorizations were discussed for upcoming NASBA conferences. The Board adopted an expedited rules package and held an election, re-electing Charles Selcer as Chair, Godson Sowah as Vice Chair, and Todd Lifson as Secretary/Treasurer by acclamation. Public comment addressed board elimination movements in Florida.

The order pertains to the automatic revocation of John Joseph Lynch's CPA certificate due to failure to renew it for more than two years. The revocation is effective immediately, and if Respondent wishes to seek reinstatement, Respondent shall petition the Board pursuant to Minnesota Statutes Section 326A.09 (2012).

The Minnesota Board of Accountancy issued an order for the automatic revocation of Richard Ronald Gibson's CPA certificate due to failure to renew it for more than two years, as mandated by Minnesota Statutes Section 326A.04, subdivision 11 (2016).

The agenda included discussions and decisions on various topics, such as the Executive Director's report covering the FY25 budget and revenue, licensing and website modernization, and presentations to the MNCPA Board. The board addressed enforcement actions, applications for reinstatement, requests for exceptions to CPE requirements, applications for firm permits, firm name change requests, and peer review ratings. The board also discussed reports from the NASBA Western Regional Meeting, MNCPA's request for rule review, and the MAPA report on CPE procedures.

The Minnesota Board of Accountancy issued an order for the automatic revocation of CPA certificate No. 04393, belonging to Cathryn Ann Schnack, due to failure to renew the certificate for more than two years. The order mandates that the Respondent shall not practice as a certified public accountant in the state and must surrender the CPA certificate to the Board. The order also specifies the process for seeking reinstatement of the CPA certificate.