Sacramento Chapter
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Archive for the ‘President’s Message’ Category
January 20th, 2012
By Anjela DeRosa
The young accounting graduate, fresh out of university and knowing everything, applied for his first job. The prospective employer asked him what starting salary he was expecting. “Oh … around $100,000 a year, depending on the benefits package,” he replied. “Well, how does this sound?,” the prospective employer said. “Five weeks annual leave, 22.5 percent superannuation, paid expenses to overseas conferences every year, home telephone reimbursed and a company car—say a Mercedes convertible—replaced every 15,000.” The graduate sat up, tried not to look excited and asked, “Wow. Are you kidding?” “Yeah. But you started it.”
For some of us, this is our first busy season. To our veterans, remember to check with our rising stars to ensure the smooth transition into the wonderful world of limitless charge hours. Remind them about endlessly fulfilling the sense of self-gratification from the amount of work that can be done between 6 a.m. and 9 p.m. The power of arriving at work before the sunrise and leaving way after the sunset! Assure them that before they know it, they will crave the adrenaline rush associated with our busy seasons and they will wait eagerly for this magical time of the year. Repeat to yourself, “I am measured by the success of the rising stars behind me—together we can move mountains.”
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July 27th, 2011
By Anjela DeRosa
An accountant is having a hard time sleeping and goes to see his doctor. “Doctor, I just can’t get to sleep at night.” “Have you tried counting sheep?” “That’s the problem—I make a mistake and then spend three hours trying to find it.”
It’s been 15 months since the House of Representatives passed the Patient Protection Affordable Care Act and health care reform was such a hot topic in 2010. Yet it now appears to be yesterday news. We hear that the Act is an exhaustingly long document, best described as a work in progress, and although we try to understand the complexity of it, we have yet to find out its real impact on businesses and individuals. We know that something must be done as the following facts, statistics, demographics and studies are frightening:
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June 27th, 2011
By Anjela DeRosa
The accountant had just read the story of Cinderella to his 4-year-old daughter for the first time. The little girl was fascinated by the story, especially the part where the pumpkin turns into a golden coach. Suddenly she piped up, “Daddy, when the pumpkin turned into a golden coach, would that be classed as income or a long-term capital gain?”
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June 6th, 2011
By Anjela DeRosa
The accountant’s prayer: Lord, help me be more relaxed about insignificant details, starting tomorrow at 10:53:16 a.m., Eastern Daylight Saving Time.
Our chapter’s leadership met May 10 and it was good to see everyone and exchange ideas. We had a big agenda: Outline next year’s events, coordinate the administrative efforts of our committees, assign committee liaisons to our board and identify the main areas of our chapter’s focus for this fiscal year.
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April 27th, 2011
By Anjela DeRosa
What’s the most wicked thing a group of young accountants can do? Go into town and tribe-audit someone.
Serving on the chapter board for several years has provided me with ample opportunities to learn about the valuable services we offer to our members and candidates. Participation in CalCPA is a great way to give back to our profession and is an amazing avenue for exchanging ideas. CalCPA provides a unique opportunity to expand one’s own network, offers a wonderful way to reach out to our young and emerging professionals and gives us an effective strategy for connecting with students (more on this later).
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March 30th, 2011
By David Chavez, CPA
It’s April. I sincerely hope that everyone is doing well. This tax season has really presented us with a lot of challenges. Because of the delay regarding tax law changes, our tax season seemed to start later than ever. This caused most of us to do more work in a shorter amount of time. Smarter working has always been the key to our success. Balancing our real lives with our work lives is almost impossible when some of us are working 65-hour weeks, but we have to try to do our best.
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February 9th, 2011
By David Chavez, CPA
Tax season supports a significant number of our firms during the year, and for those of us who work in industry, we are busy closing out the year and getting our financial statements prepared. The beginning of a new year is a very exciting time, but it can be tiresome.
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January 31st, 2011
By David Chavez, CPA
Tax season supports a significant number of our firms during the year, and for those of us who work in industry, we are busy closing out the year and getting our financial statements prepared. The beginning of a new year is a very exciting time, but it can be tiresome.
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January 4th, 2011
By David Chavez, CPA
Many of us have committed to new resolutions like losing weight, working out more or working less for the new year, but sometimes we forget our long-term goals. CalCPA’s mission is “to increase the value and promote the integrity of the CPA profession, contribute to the success of our members, and strengthen client, employer, public and government trust in CalCPA member advice, work products and opinions.” I appreciate the various responses that have come back to me during the past several months. It has really contributed to my and the chapter board’s awareness of the needs of our members. Always remember that our strength is though our committees and our members.
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November 30th, 2010
By David Chavez, CPA
We put on our first financial symposium Nov. 11 to provide an opportunity for firms to invite their clients, get an update on the political and financial status of the economy and provide some entertainment. For the first event, we tried to put an emphasis on the entertainment. Kelly Brothers was the master of ceremonies and our political figure being Roger Niello. They both did a great job of moving the event along and providing the attendees with some great information.
The main speaker, Boaz Rauchwerger, was a miracle worker. To have so many CPAs, CFOs and CEOs participate in the various items presented, it was both educational and inspirational. I would like to thank Rob Wallace for putting the event together. He has been a huge asset to CalCPA and our profession. I’m confident that this will be another can’t-miss event for future years.
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