Preheat oven to 350°F (175°C). Line a metal 9x13 inch pan with foil and spray well with cooking spray.
In a large bowl, cream together the softened butter and packed brown sugar until crumbly.
Mix in the eggs and vanilla extract until smooth.
Stir in the salt, baking powder, and then the flour until just combined. Do not overmix.
Gently fold in the M&Ms and sprinkles.
Spread the mixture evenly into the prepared pan. The batter will be quite wet; spraying your hands with cooking spray can help smooth it out for an even layer.
Bake for 22-25 minutes, or until the edges are golden brown. It's best to err on the side of underbaked, as the cheesecakes will continue to set as they cool.
Let cool completely in the pan before slicing into bars.
Notes
Store in an airtight container at room temperature for up to 4 days. For longer storage, freeze for up to a month.