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Other Comprehensive Basis of Accounting Fundamentals | 4152308D

July 1, 2015
Sacramento Area
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President's Message

Where the Leaders Hone Their Skills!

November 10, 2017

By Andy Anderson, CPA, CGMA

November is an interesting time of year. Fall is more pronounced in some parts of the state than others. In parts of our state, the leaves change from green to orange, red, yellow and many colors in between. In many parts of Southern California the leaves change simply from green to brown and fall to the ground. You can tell fall is here because the leaves are all gone from the trees. Sometimes I miss the changing of the seasons. But I don’t miss the driving in the snow, the cold and the slick roads.

Fall is also the time students go back to school and the accounting clubs begin holding Meet the Firms nights. In the Inland Empire we attend as many as possible and find it beneficial to talk about CalCPA at these meetings. We encourage students to become involved and get to know the leaders.

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Chapter News

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Nomination Committee Looking for Leaders

The 2018-19 Nominations Committee has been formed and will be led by past president, Maya Ivanova. If you, or someone you know, is interested in being part of the Inland Empire Chapter leadership please contact Maya Ivanova.

 


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2017 CPA Firm Top Issues Survey Results

The CPA Firm Top Issues Survey is conducted every two years. Results are segmented by firm size, since the perspectives of small firm CPAs are often dramatically different from someone employed by a Top 100 firm. The 2017 survey also asked respondents to rank eight issues expected to have the greatest impact on how their practice operates over the next five years. Join us as we review the results and discuss resources to help us with these top issues.

We meet for breakfast from 7:30–9 a.m. at the Village Grill (148 Yale Ave., Claremont). Cost is $15 for members and $25 for guests, which includes breakfast and an hour of CPE.

Learn more and register.

 

CalCPA News

Lead On: CalCPA/AICPA Leadership Positions Open

The application period for the 2018-19 CalCPA Board and Council, AICPA Council and CalCPA Education Foundation trustee and officer positions is open.

California CPAs are the driving force behind one of the world’s largest economies—and CalCPA provides the opportunities to help you develop critical leadership skills, and a platform to showcase them, at the local and state level.

Isn’t it time you put your leadership skills to use for the betterment of the CPA profession? More information and application are available online. Applications are due Dec. 4.

CPA Day 2018


Behind the License

We know there’s more to your life than the tax forms, deadlines and rules and regulations that you spend time with at the office. And we want to tell your story—or the story of a member you may know.

Our monthly Final Entry feature in California CPA takes a look at the person behind the license. Over the years we’ve featured members who race carsplay in a banddevote time to nonprofit causeshave taken on physical endurance challengessurfDJ and make wine.

So, what’s your story?

If you’d like to participate or want to recommend a colleague, contact managing editor Damien English with details and we’ll set up a short interview.


Diversity and Inclusion: California Dreamin’ or California Reality

By Soco Davenport

Much has been written about the benefits of a diverse workforce. For example, a survey of 300 senior executives of large corporations by Forbes Insight concluded that a “diverse and inclusive workforce is necessary to drive innovation, foster creativity and guide business strategies.” The report further states how a diverse workforce is “crucial for companies who want to attract and retain top talent.”

And accounting firms and other workplaces in California don’t need to look far to see that diversity. Consider these facts from the Census Bureau:

  • California has more whites, Latinos, Asians and American Indians than any other state.
  • The state’s estimated population of 39.2 million in 2016 was comprised of Latinos (38.9 percent); single-race whites (37.7 percent); Asians (14.8 percent); African American (6.5 percent); and American Indian (1.7 percent).
  • Los Angeles County led the nation in the number of Hispanic, Asian, American Indian and Alaska native owned businesses in 2012. The estimates for the same year indicated that 55 percent of businesses in the county were minority owned.

“Diversity is a business reality and necessary to be effective and competitive in this new global economy,” says Kathy Johnson, 2018-19 CalCPA chair. As CalCPA’s first African American chair, Johnson is embracing her unique position to “inspire young minorities to give them an opportunity to see themselves as a CPA and a leader in the largest state society of CPAs.”

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