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Other Comprehensive Basis of Accounting Fundamentals | 4152308D

July 1, 2015
Sacramento Area
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President's Message

Celebrating the Future of Our Profession

November 1, 2015

By Matt Wilson, CPA, MSA, CGMA

 We held our first New-Licensee Reception Oct. 29 to recognize and celebrate those who have been licensed in our chapter in the past 18 months. The Inland Empire has added 120 new licensees, with many firms having more than one new licensee. It’s exciting to me to meet so many new CPAs! At a time when our firms are struggling with succession planning and many partner’s are retiring within the next 15 years, we’re fortunate to have so much new talent in line to become the next generation of leaders.

In addition to our New-Licensee Reception, October was a month filled with student events held at many of the local colleges.

Read the rest of this entry »

Chapter News

State Committee Update: APAS

By Mayra Whitesell, CPA
I attended my first Accounting Principles & Assurance Services (AP&AS) state committee meeting Aug. 20 in Los Angeles. The agenda was jammed with updates and exposure drafts discussions for FASB, IASB, SSARS, EITF, PCAOB and audit updates.

For many of the exposures, CalCPA responds to the appropriate agencies and we provide feedback as a group.

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2016-17 Chapter Nominations: Let Your Vote Be Counted

Download and complete your ballot for chapter officers and directors. Ballots are due by Friday, March 25.

Upcoming FREE Member CPE

Nov. 6: Steps to Leadership Success—Dream, Learn, Succeed

Join other students and emerging accounting professionals to learn the skills to be successful in today’s competitive environment at this student scholarship event.

Gain valuable insights from keynote speaker Andy Anderson, CPA, partner, B2B CFO; panelists Kathy Johnson, CPA, CFF, CGMA, MBA, principal partner, owner CPA Forensic Plus; Victoria Roberts, CPA, senior associate, Macias Grini & O’Connell, LLP; Steven Spears, CPA, partner, GALLINA; and Katie Vander Veen, CPA, supervisor, Soren McAdam Christenson.

Learn more and register

Forensic CPAs in Family and Civil Law Matters

Join us Nov. 17 to discuss forensic accounting issues related to family and civil law matters. Learn techniques used to analyze accounts and requirements needed to become an expert witness in both state and Federal courts. This is an event you won’t want to miss!

Learn more and register



Nov. 19: Size Matters! Dream Bigger!

Dreaming small to avoid risk and stay safe is a myth! Dreaming small is dangerous because it damages the heart and soul. It’s time to give yourself permission to dream bigger, step into your personal power and start creating your dream life. Speaker Audrey Reille will inspire you to listen to that little voice inside of you that wants more out of life. Do you want to make changes in your business, get your dream job or have more free time and a better quality of life? Her presentation will show you how to do it successfully and with enthusiasm.

Learn more and register

Dec. 9: ABC Mixer

Be part of the networking opportunity of the year! The inaugural attorneys, bankers, CPAs and other financial professionals mixer, in association with the CalCPA Education Foundation Palm Springs CE Week, is taking place in December. Come see old friends and make new ones while enjoying hors d’oeuvres, nonalcoholic beverages and one beer/wine ticket, which are included in the price of admission.

Palm Spring CE week attendees will receive a discounted rate of $25.

All net proceeds from this event will benefit the chapter’s scholarship fund.

Learn more and register

CalCPA News

CalCPA Committees: Build Your Leadership Skills, Share Your Expertise

Want to use your talents at the statewide level? Your opportunity awaits—the application period will soon open to serve on our CalCPA committees for 2016-17. From estate planning to technology, and from personal financial planning to taxation, there’s a committee meeting your interests and expertise.

And if you serve on a state committee and would like to continue, reapplication is necessary.

Serving on state committees allows you to work with your peers on projects that increase members’ technical knowledge, enhance the profession’s image and draw the best and brightest into accounting—all while you build leadership skills and make valuable contacts.

Keep an eye out for details about the application process. Applications will be due Jan. 15 and appointments will be made in early 2016 for the May 1–April 30 committee term.

CalCPA Gears Up for Next CPA Day in Sacramento

Registration is open for the next CPA Day at the Capitol—Jan. 19—in Sacramento.

CPA Day is CalCPA’s kickoff event of the legislative session, where members set the groundwork for CalCPA’s advocacy efforts for the upcoming session by discussing important issues facing the CPA profession and businesses.

This event allows CalCPA and its members to be at the forefront of several key issues, such as taxes on professional service proposals. The Legislature will reconvene in January, and CalCPA plans to once again maintain an active presence in the Capitol.

It’s Time to Lead

Want to hone your leadership skills and become a more effective leader in your workplace or the profession? Have ideas about CalCPA and the profession you want to share? Then step up at apply today for CalCPA/AICPA officer and Education Foundation trustee positions.

Applications for 2016-17 positions are available online:

The application deadline is Dec. 1.

2015 Tax Update and Planning Conference
Startup Business Conference - Dec. 3

Save the Dates

Nov. 6: Student Scholarship Event, Chaffey College Chino Community Center, Chino
Dec. 9: ABC Networking Event at Omni Resorts, Palm Springs

Items of Interest

Bulletin Deadlines

December Bulletin: Nov. 9
January Bulletin: Dec. 4
February Bulletin: Jan. 8

Membership News


Education Foundation Courses/Conferences

Contact Us

Program Associate:
Monica Thompson
(951) 288-4459

Division Director:
Membership and Strategic Programming
Jill Gorman
(650) 522-3204