If you’re looking to gain insight into what type of leader you are, then get your application in soon to take part in CalCPA Leadership Institute.

Discuss, analyze, reflect and build your leadership skills through this program, during which you’ll learn leadership fundamentals and identify personal leadership styles, as well as gain insight on strategic planning, goal setting and client management, among other topics.

The 2017-18 program will be held Nov. 9-10 (San Diego), Dec. 6-7 (Burlingame) and Jan. 16-17 (Sacramento).

Applications are due Aug. 31—gets yours in today.


Free Member Webcast

ADP, one of CalCPA’s affinity partners, is offering a complimentary webcast on Aug. 23: Research & Development Tax Credits for Small Businesses.

Get the latest trends, updates and insights on how companies can take advantage of R&D tax credits opportunities, including identifying the R&D companies are likely doing today, monetizing the R&D tax credits regardless of profitability or tax position and knowing best practices that should be followed when claiming the R&D tax credits.

Register online.


California Secretary of State Offers New Online Services for Businesses

The California Secretary of State has announced new online services for businesses that will help them file, search and order business records quickly and conveniently from one webpage. The new bizfile California portal includes links and other resources to assist business owners, including a link to the California Business Search, which provides access to more than 10 million records related to corporations, LLCs and LPs. There is also the ability to download PDF images of related business documents, such as Statements of Information, amendments and registrations.

Through the bizfile California portal, there are also links to file Statements of Information for both corporations and LLCs.


IRS Office of Appeals Pilots Virtual Service

The IRS Office of Appeals will soon pilot a new web-based virtual conference option for taxpayers and their representatives. This virtual face-to-face option will provide an additional option for taxpayer conferences. The IRS expects it to be especially useful for taxpayers located far from an IRS Appeals office. 

The pilot program will use a secure, web-based screen-sharing platform to connect with taxpayers face-to-face from anywhere they have internet access.  


Opportunities to Serve on CBA Committees 

The California Board of Accountancy is looking for qualified CPAs to serve on its committees and help protect consumers. 

Being a member of a CBA advisory committee provides CPAs with an opportunity to actively participate in the regulation of the accounting profession and become an integral part of an organization charged with providing consumer protection amidst changing consumer demographics and the evolving nature of the profession. 

The CBA is recruiting to fill positions on its Enforcement Advisory, Peer Review Oversight and Qualifications committees. 

To learn more about the application process and responsibilities of each committee, visit the CBA website.


Executives Fret Over Lease Accounting Standards

Nearly half of corporate executives are concerned about their ability to implement the lease accounting standards, according to a survey by Deloitte

The survey found that 47.1 percent of C suite and other corporate executives are concerned about their organizations’ ability to implement on the new standards on time. The Financial Accounting Standards Board released the leasing standard in February 2016, while the International Accounting Standards Board released a somewhat different version of the standard in January 2016.

FASB’s standard takes effect for public companies for or interim and annual reporting periods beginning after Dec. 15, 2018 (and a year later for private companies), while the IASB’s takes effect for annual reporting periods beginning on after Jan. 1, 2019.

While in the new poll, 31.4 percent of executives said their organizations were unprepared to comply with the new lease accounting standard, which was down from the 34.19 percent who said they were unprepared in October 2016 and the 43.6 percent in March 2016. Only 11.4 percent of the corporate executives polled reported their organizations were extremely or very prepared to comply in the recent poll, up slightly from 11 percent in October and 7.9 percent in March 2016.