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Other Comprehensive Basis of Accounting Fundamentals Webcast | 4142308F

March 24, 2015
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Inland Empire Chapter

A blog for and by a community of professionals

President's Message

Goodbye and Thank You

March 15, 2015

By Derrick DeBruyne, CPA, CFE

 It’s hard to believe that my year as president of this fine chapter is coming to a close. I’ve been delighted and honored to serve with a fantastic leadership team, and I would like to take a few moments to thank them for their dedication to CalCPA and our profession.

To begin, Matt Wilson served as first vice president this year and will be the president for 2015-16. Matt, your leadership and insight was invaluable this past year and I know your term as president will be a good one. Matt and I met on several occasions to plan and discuss initiatives and board meetings, and I appreciate his commitment to developing the next generation of leaders in our profession. Maya Ivanova served as second vice president and will be moving into the first vice president position next year; as such, she will be a new representative for us to CalCPA Council. I’m excited to see you as a council representative Maya, and I know you will flourish in this role. Also, together with a few other chapter members, Maya is working to see how we can better serve those members licensed 5-10 years. Andy Anderson has served as the perpetual secretary for our chapter for as long as I can remember, but this year was possibly his last as secretary.

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Chapter News

CPA Day at the Capitol: Students’ Perspectives

The recent trip to the state Capitol was my fourth visit in regards to speaking to state legislators, and my second trip on behalf of CalCPA. This recent trip by far was the most impactful experience I had. I was more informed of the issues at hand, thanks to the information provided by CalCPA, and I didn’t feel alone due to the friendliness of the CPAs from my chapter.

The topic that interested me the most was the sales tax on services initiative, which I found very important as I further my goal of becoming a licensed CPA. It was a pleasant experience to speak with the legislators on behalf of the profession on this issue, and bring to light the impact it would have not only on licensed professionals, but also small stores and service-based companies. I truly felt that the legislators took into consideration how this tax would affect them personally. The CPAs that accompanied me allowed me to speak freely, and gave their input in support of the arguments I presented to the lawmakers. Overall, this was both an educational and influential event that has motivated me to continue the pursuit of my CPA license. I strongly encourage other students to attend events such as this.

Victor M. Quezada Jr., CSU San Bernardino
CalCPA 2014 Student Ambassador


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Council Meeting Update

By Derrick DeBruyne, CPA, Matt Wilson, CPA, and Maya Ivanova, CPA

CPA Day at the Capitol was once again a great success! CPAs from all over California came to Sacramento to discuss issues impacting our profession with our state legislators. Specific issues included a bill that would impose sales tax on services, the sunset review of the California Board of Accountancy and the availability of the financial literacy program. But CPA Day was not the only activity of the week. There was also the CalCPA Council meeting, which was preceded by the president and vice president meetings.

The chapter presidents meeting occurs twice a year to allow for a sharing of ideas and activities amongst the different chapters. From hearing what the other chapters are doing, our chapter is certainly doing a lot of similar great things. The addition of a second ABC event has been a great success at other chapters and I’m excited to see it become a success for our chapter as well. The Los Angeles Chapter has events focused on professionals that have been licensed 5–10 years. This group of professionals has specific areas of focus that are different than the young and emerging professionals and the executive/partner groups. We’re looking at an event or two focused on this group as well. We also heard a lot of great things happening with students, including innovative ways of awarding scholarships and how other chapters include the student membership group in their events. Our chapter is doing great things in this area, as we have one of the largest student member categories and are one of only a few chapters that have events specifically for students.

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A Day at the Capitol

An opportunity to meet legislators and their representatives.

By Patricia Williams, CPA, Katie Vander Veen, CPA, Charlie Lowenberg, CPA, and Grace Clark, CPA

We had the opportunity at CPA Day at the Capitol to meet legislators and their representatives. They were very welcoming, personable and interested in understanding what our issues were with upcoming legislation. For example, legislators were eager to learn more about the upcoming sunset review of the California Board of Accountancy. CalCPA members expressed the importance of the continuation of the CBA as the regulating entity of the profession, and how it provides security that consumers receive quality services from their CPA. On the other hand, many of the legislators were very familiar with Senate Bill 8 (Hertzberg), which seeks to expand sales and use taxes to services. They were very open to hearing how this bill could impact the CPA profession and small businesses throughout California.

Meeting with legislators is a good escape from our daily routine, and was empowering in the sense that our voice can have a much larger impact than we may sometimes feel. This annual trip is a great example of the impact we can have individually, and as a group, in representing our profession. “What a neat experience to meet with our legislators in person and in our state’s Capitol, a place I’ve never been,” says Charlie Lowenberg. “Meeting them brings the realization that they are people just like us doing their best to represent our interest as a whole.”

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Tax Season Debrief: The Good, the Bad and the Ugly

One of our most popular events returns after a one-year hiatus. Our attendees will share what they have learned during this past busy season. There also will be an opportunity to ask questions, share best practices and hear tales from the trenches. Even non-tax professionals (audit, industry, etc.) enjoy this event.

Time:  7:30–9 a.m.
Location: Village Grill; 148 Yale Ave.; Claremont
Cost: $15/members; $25/for guests (includes breakfast)
CPE: 1 hour

Learn more and register.

Annual Golf Tournament: The CPA Shootout

Enjoy playing golf? Join us for our Annual Golf Tournament—The CPA Shootout. The format is a four-person scramble and we have the opportunity to play a prestigious and private course during prime season. The entry fee includes food, golf cart, practice range access, special contests, prizes and more. Additional events include a putting contest, raffle and other activities.

Register online or download a copy of the brochure and register by mailing program associate Monica Thompson with payment to: P.O. Box 974; Moreno Valley, CA 92556.

Net proceeds will be contributed to the chapter’s scholarship fund, which benefits accounting students in the area. Contributions or gifts to CalCPA are not tax deductible as a charitable contribution.

CalCPA News

April 24: Women’s Leadership Forum

Whether you’re rising through the ranks or already part of the management team, your leadership skills help you navigate successfully and deliver the excellent results your firm expects. Join with other savvy professional women to learn about your own leadership style, the art of negotiating and influencing, networking, and other practical and useful leadership skills.

Our keynote speaker will be Carrie Schwab-Pomerantz, president of Charles Schwab Foundation, and we’ll announce our 2015 Women to Watch Awards recipients during a special luncheon presentation.

Register today. You also can following the discussion on Twitter: #CalCPA_Forum