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Other Comprehensive Basis of Accounting Fundamentals | 4152308D

July 1, 2015
Sacramento Area
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President's Message

Are You a 100% Firm?

July 3, 2017

By Megan Boldizsar

Every accounting firm in California is a valuable partner of CalCPA. Accounting firms have their own unique needs—from the education necessary to keep staff current on the latest rules and regulations to staffing to business operations.

If your firm has 15 or more CalCPA members (members must include all full-time CPAs and CPA candidates), then you can enroll and participate in CalCPA’s Firm Membership program, which will play a pivotal role in ongoing effort to increase the value and promote the integrity of the CPA profession.

There is strength in numbers and as our membership grows, so does CalCPA’s ability to represent you to legislators, educators and the public.

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Chapter News


Renew


Aug. 16: ABC Night at Pacific Club Newport Beach

Our ABC Night is the premier networking event in Orange County, where you can connect with attorneys, bankers and CPAs surrounded by the incomparable ambiance of Pacific Club Newport Beach!

Two drink tickets and a generous assortment of stationed and tray passed hors d’oeuvres are included with price of admission.

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19th Annual Economic Forecast Jan. 24

Mira Farka, Ph.D., will review her economic predictions for 2017 and detail what’s in store for 2018. Farka is the co-director for the Institute of Economic and Environmental Studies at California State, Fullerton, and is known for developing and presenting the CSUF Economic Forecasts for the nation, Southern California and Orange County at the CSUF Economic Forecast Conference. She’s routinely quoted by various media sources, including the Los Angeles Times, Orange County Register, Orange County Business Journal, OC Metro, Valley News and California Commerce.

Register or learn more.


Chapter Board Meeting

Chapter board meetings are held on the second Thursday of the month. Members are always welcome. If you are interested in attending a meeting, please contact program associate Heidi Larkin-Reed.


New-licensee Reception

After spending countless hours cramming more information in your brain than you thought possible, you’ve earned the payoff—your CPA license. And now it’s time to celebrate! CalCPA is hosting a celebration for CPAs licensed since Jan. 1, 2016 (members and nonmembers welcome), complete with food, fun and more. New licensees can bring a guest for a nominal fee and CalCPA members are welcome to attend and celebrate the new generation of accounting professionals.

Don’t miss the chance to celebrate your milestone and meet other new licensees and CPA leaders. Every event is an opportunity to network, so bring your business cards—you never know who you might meet.

Register online.


Other Upcoming Events

July 19: Estate Planning—Asset Protection

July 27: North OC Discussion Group
Topic: Discharging lncome Taxes in Bankruptcy & the Treatment of Tax Claims in Bankruptcy Proceedings

Aug. 24: OC/LB North OC Discussion Group
Topic: A California Update

Sept. 21: Fall Seminar Series begins (Cal State Fullerton)


Other Area Chapter Events

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Los Angeles
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CalCPA News


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.

Family Law Conference


Sales Tax on Services Legislation Introduced

Tax on services continues to be a topic of discussion in the Legislature. A recently introduced bill, SB 640 (Hertzberg), proposes to enact a sales tax on services—including those provided by CPAs. While the bill does not articulate how such a complex shift in the tax burden would be accomplished, the introduction of this legislation keeps the issue on the radar within the public policy arena—particularly as tax reform conversations heat up.

Similar far-reaching tax on services proposals were introduced in 2015 and 2016 by Sen. Hertzberg, but both bills died in the Legislature when they failed to meet legislative deadlines. These proposal have been characterized as a way to broaden California’s tax base to address a volatile stream of tax revenue. However, the proposal would impose an extremely complex shift in the tax burden to raise billions in new tax revenues.

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Aug. 7–11
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Nov. 27–Dec. 1
 
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The Orange County/Long Beach Chapter offers a variety of opportunities to exchange information and connect with your peers. Lists committees or other information within the chapter.

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Contact Us

 

Program Associate:
Heidi Larkin-Reed
(714) 305-8335(714) 485-4561, ext. 4561
Division Director:
Membership and Strategic Programming
Jill Gorman
(650) 522-3204

23052 H- Alicia Parkway, #432
Mission Viejo, CA 92692

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