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The '''Indiana CPA Society''' (INCPAS) is a statewide association representing current or aspiring [[Certified Public Accountant|certified public accountants]] (CPAs) and related professionals in [[Indiana]]. INCPAS was founded in 1915 with nine charter members and has since grown to nearly 7,000 members.
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[[Image:INCPASCircleLogo-150px.jpg|right|thumb|Indiana CPA Society logo.]]
The '''Indiana CPA Society (INCPAS)''' is a professional association the [[certified public accountant|certified public accountant (CPA)]] profession in Indiana. Founded over 90 years ago (in 1915), INCPAS has over 8,000 members and serves as the [[professional]] home of CPAs, CPA candidates, accounting students and persons who are working in or involved with the CPA profession but are not CPAs. INCPAS members work in [[public accounting]], [[business and industry]], [[not-for-profit]], [[government]] and [[education]].


==History==
INCPAS serves to advance the CPA designation by encouraging students and CPA candidates to take the [[Uniform Certified Public Accountant Examination]], and to provide support and services for CPAs from their entry into the workforce through retirement. The Society’s mission is to enhance the professional success of its members while promoting the [[public interest]]; to encourage and facilitate the adherence to high ethical and professional standards; to facilitate relationships that will benefit its members; to promote a better understanding of services rendered by CPAs; and to represent the CPA profession.


In 2013, it launched the INCPAS Scholars<ref>{{Cite web|url=https://www.ceoaction.com/actions/diversity-newsletters/|title=Diversity Newsletters|website=CEO Action for Diversity & Inclusion}}</ref> career awareness and mentorship program for underrepresented high school students interested in pursuing accounting.
==Leadership==


In 2014, it established the CPA Center of Excellence®<ref>{{Cite web|url=https://www.accountingtoday.com/news/indiana-cpas-establish-cpa-center-of-excellence|title=Indiana CPAs Establish CPA Center of Excellence|date=June 20, 2014|website=Accounting Today}}</ref> subsidiary that provides CPAs with competency-based learning on non-technical skills.
'''Leadership Cabinet''' provides the Society and its [[board of directors]] with support and feedback on issues, which assist it in strategic planning. Its members participate on [[project team]]s and outreach activities to aid the Society in accomplishing its goals and objectives.


In 2015, it celebrated its 100th anniversary.<ref>{{Cite web|url=https://www.insideindianabusiness.com/videos/indiana-cpa-society-celebrates-100-years|title=Indiana CPA Society Celebrates 100 Years}}</ref>
'''Emerging Leaders Alliance (ELA)''' members are the [[leaders]] of tomorrow. Members have the opportunity to interact with Society leadership and further develop professional skills. ELA members regularly participate in student outreach activities.


In 2017, Indiana Gov. [[Eric Holcomb]] signed HEA 1467<ref>{{Cite web|url=https://buildingindiana.com/indiana-becomes-first-state-to-recognize-competency-based-edu-for-cpas/|title=Indiana Becomes First State to Recognize Competency-Based Edu. for CPAs|date=June 30, 2017|website=Building Indiana}}</ref> into law, making Indiana the first state in the nation to count competency-based learning towards continuing professional education (CPE) requirements.
==Legislative/Regulatory==

The Indiana CPA Society advocates the CPA profession in the [[legislative]] process. Society staff members and volunteers attend Indiana Board of Accountancy meetings as well as state and national meetings with the [[AICPA]], [[National Association of State Boards of Accountancy|NASBA]], [[IRS]] and many others. The Society offers grassroots opportunities for CPAs to get involved through the [http://incpas.org/Member/Legislative/LegislativeKeyPerson.aspx Legislative Key Person] program and the CPA-[[Political Action Committee|PAC]].

==Quality (peer) review==

The Society administers the mandatory [http://incpas.org/Public/PeerReview/ Peer Review] program in Indiana to assist INCPAS members in meeting Indiana license and AICPA membership requirements. CPA firms must undergo a peer review once every three years to measure elements of quality control.

== Professional development ==

CPAs can earn the required continuing professional education ([[CPE]]) credits through classes offered at INCPAS. Classes are held at the beginning, intermediate and advanced levels.

== Programs ==
New [[Academic conference|conferences]], [[seminars]] and [[social network|networking]] opportunities are created each year for members in response to current issues affecting CPAs in Indiana.

== Services ==

:'''CPA Ambassadors''' – The CPA Ambassador program was launched by the AICPA in cooperation with state societies. CPA participants are trained on four critical message quadrants that will help reintroduce the CPA profession to the American public:

::# In the Public Interest
::# Financial Literacy
::# Recruitment
::# Small Business

:'''CPAs Lead the Way''' – A free service that aims to match CPAs in leadership positions with Indiana not-for-profits and civic organizations. The Society acts as a liaison between the organizations and CPAs.

:'''CPA Day of Service''' – Annual event connects hundreds of Indiana CPAs and accounting students as they perform community service and help worthwhile organizations.

:'''CPA to CPA Consultation''' – Program offered to members putting them in touch with a peer-to-peer network.

:'''Find a CPA''' – Online service allows individuals to look for a CPA by company, name, or Indiana county where they reside.

== Student initiatives ==
The Society works to introduce high school and college students to the CPA profession through the School Key Contact program, classroom presentations and conferences each year.

== Financial literacy ==

The Indiana CPA Society is committed to helping Hoosiers get [http://incpas.org/moneysense Money Sen$e]!

== Public relations ==
INCPAS educates the public about the value of the CPA profession through [[press releases]], articles and columns in business publications and [[advertising]] throughout the state. Members promote the profession by recognizing the best and brightest of their peers through the Society’s annual awards program, CPA Celebration.

== Publications ==
The Society offers members a variety of print and electronic publications to stay up-to-date on issues relating to the CPA profession, including:

:{| border="1" cellpadding="2" width="500pt"
|-
| '''''CPA IN Perspective,''''' a quarterly magazine containing news and updates on INCPAS events, member activities and important developments impacting the CPA profession
|-
| '''''CPA e-Perspective,''''' a biweekly e-newsletter offering timely information about professional issues and trends, as well as upcoming CPE, conferences and events
|-
| '''''Key Person Communicator,''''' an e-newsletter sent biweekly during the legislative session and quarterly thereafter to legislative key persons to make them aware of legislation affecting the profession
|-
| '''''It’s Your Society, Lead It!,''''' an e-newsletter sent to Society leadership providing tips and guidance on their role in leading the Society
|-
| '''''Public Practice e-NEWS,''''' a bimonthly e-newsletter with targeted information for members serving in public practice
|-
|'''''re:Source,''''' an annual directory/CPE course catalog sent to all INCPAS members
|-
|'''''re:Source Focus,''''' a supplement to ''re:Source'' highlighting upcoming events and educational opportunities
|}


== References ==
== References ==
{{reflist}}
{{reflist}}
* "Indiana CPAs and Their Association: A Century of Service" (Gould, 2015)


== External links ==
== External links ==
* [https://www.in.gov/pla www.in.gov/pla Indiana Professional Licensing Agency]
* [https://www.in.gov/pla/professions/indiana-board-of-accountancy www.in.gov/pla/professions/indiana-board-of-accountancy Indiana Board of Accountancy]
* [https://www.incpas.org www.incpas.org Indiana CPA Society]
* [https://www.incpas.org/Staff www.incpas.org/Staff INCPAS Staff Directory]
* [https://www.incpas.org/Scholars www.incpas.org/Scholars INCPAS Scholars Program]
* [https://www.incpas.org/Scholarship www.incpas.org/Scholarship Indiana CPA Educational Foundation Scholarship]


* Indiana CPA Society Official Web site - [http://incpas.org/home.aspx incpas.org]
* American Institute of Certified Public Accountants (AICPA) - [http://www.aicpa.org www.aicpa.org]
* Indiana Board of Accountancy - [http://www.in.gov/pla/2322.htm http://www.in.gov/pla/2322.htm]
* 360 Degrees of Financial Literacy - [http://www.360financialliteracy.org www.360financialliteracy.org]
* Feed the Pig Financial Literacy Campaign - [http://www.feedthepig.org www.feedthepig.org]


{{DEFAULTSORT:Indiana CPA Society}}
{{DEFAULTSORT:Indiana CPA Society}}
[[Category:Organizations based in Indiana]]
[[Category:Organizations based in Indiana]]
[[Category:Professional accountancy bodies]]
[[Category:Professional accounting bodies]]

Latest revision as of 19:42, 7 April 2024

The Indiana CPA Society (INCPAS) is a statewide association representing current or aspiring certified public accountants (CPAs) and related professionals in Indiana. INCPAS was founded in 1915 with nine charter members and has since grown to nearly 7,000 members.

History

[edit]

In 2013, it launched the INCPAS Scholars[1] career awareness and mentorship program for underrepresented high school students interested in pursuing accounting.

In 2014, it established the CPA Center of Excellence®[2] subsidiary that provides CPAs with competency-based learning on non-technical skills.

In 2015, it celebrated its 100th anniversary.[3]

In 2017, Indiana Gov. Eric Holcomb signed HEA 1467[4] into law, making Indiana the first state in the nation to count competency-based learning towards continuing professional education (CPE) requirements.

References

[edit]
  1. ^ "Diversity Newsletters". CEO Action for Diversity & Inclusion.
  2. ^ "Indiana CPAs Establish CPA Center of Excellence". Accounting Today. June 20, 2014.
  3. ^ "Indiana CPA Society Celebrates 100 Years".
  4. ^ "Indiana Becomes First State to Recognize Competency-Based Edu. for CPAs". Building Indiana. June 30, 2017.
  • "Indiana CPAs and Their Association: A Century of Service" (Gould, 2015)
[edit]