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Time and again, you are a joy to chat with—and you all share a common pain point: your talent pipeline.  \nWhether it's finding new hires or retaining current staff, building and maintaining your team is challenging. While some may point to internal organization issues you can control as the culprits—like company culture, work hours or compensation—it's important to note there are larger factors at play that you cannot control, but that you should definitely consider when planning your pipeline strategy.  \nIn this guide, we've included U. S. demographic and accounting enrollment trends you need to know about.  \nBut we won't leave you hanging there! One of the best ways to attract (and keep) interested talent is to make entry into this profession as simple as possible. We made guidance for the 2024 CPA Exam and CPA licensure processes in Indiana as up-to-date and straightforward as possible. We also share what INCPAS is doing to help advocate for removing or reducing unnecessary barriers and obstacles within Indiana's path to becoming a CPA.  \nReview and share these resources with your organization’s leaders to help your current and future hires with obtaining their CPA license. Further, be sure to use our checklists and questions you can ask to help guide your internal discussions as you plan for your organization's short-and long-term pipeline success.  \nCourtney Kincaid, CAE President & CEO  \nCPA TALENT PIPELINE RESOURCES 2  \nCPA PIPELINE RESEARCH: QUICK LOOK  \n“The time required to study forthe CPA Exam is the \\#1 obstacle for accounting majors across all demographics.”  \n—Center for Audit Quality  \nYour staffing struggles aren’t just anecdotal. The following pages are evidence-based studies and statistics you can use to pinpoint specific challenges and opportunities in your internal decision-making.  \nChallenges for CPALicensure: Obstacles Reported by Students and Candidates  \n\n| 1. | Time it takes to study for the Exam | 4. | Cost of additional credits needed for |\n| --- | --- | --- | --- |\n| 2. | Complexity of the Exam and licensure process\u003Cbr>› Pro Tip: See page\u003Cbr>10 for info on the INCPAS CPA Candidate membership that gives you access to resources that guide you through the process | 5.\u003Cbr>6. | licensure Cost of Exam\u003Cbr>preparation training\u003Cbr>› Pro Tip: INCPAS members receive discounts for Exam review courses (seepage 8)\u003Cbr>Time it takes to get to |\n| 3. | Cost of Exam\u003Cbr>› Pro Tip: INCPAS offers free Virtual Mock CPA Exams (see page 11) |  | 150-credit hours |\n\nSource: Center for Audit Quality and EDGE Research—“Increasing Diversity in the Accounting Profession Pipeline: Challenges & Opportunities”(July 2023)  \nCPA TALENT PIPELINE RESOURCES 3  \nChallenges with Population & Pipeline  \nYou’ve likely seen the facts and figures on “disruptive demographics” happening in the U. S. population. These are already starting to affect the labor market, college enrollment and accounting majors, and will even more long-term.  \nHigh-level factors impacting the overall population:  \n} Lower birth rates in the U. S.  \n} Increasing mortality for U. S. adults ages 65 and over  \n} Declining fertility worldwide  \n} Increasing international migration (2022 saw largest single-year increase since 2010)  \n} Domestic migration away from Midwest (400,000 residents moved to other regions in 2020–22)  \n[https://www.csg.org/2023/01/27/midwest-lost-more-than-400000-](https://www.csg.org/2023/01/27/midwest-lost-mo","cbCaivE8Q9KeuZha","https://ap.wps.com/l/cbCaivE8Q9KeuZha","pdf",1119719,11,"English","# CPA Talent Pipeline Resources\n## CPA Pipeline Research: Quick Look\n## Challenges for CPA Licensure: Obstacles Reported by Students and Candidates\n## Challenges with Population & Pipeline","[{\"question\":\"What resources are included for CPA candidates and organizations?\",\"answer\":\"The guide includes CPA pipeline research, 2024 CPA exam changes, tips for exam candidates, and INCPAS resources. It also encourages reviewing and sharing resources with organization leaders.\"},{\"question\":\"What major challenges affect CPA licensure planning?\",\"answer\":\"It highlights obstacles such as study time, complexity of the exam and licensure process, and costs related to additional credits and exam preparation training. The figures are drawn from evidence-based studies and statistics.\"},{\"question\":\"Which INCPAS-supported options are mentioned to help candidates prepare?\",\"answer\":\"The document notes that INCPAS offers free Virtual Mock CPA Exams and provides discounts for exam review courses to INCPAS members. It also references candidate membership resources that guide people through the process.\"}]","CPA Talent Pipeline Resources - Updated April 2024 | PDF",1790543924,28]