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Other Comprehensive Basis of Accounting Fundamentals | 4152308D

July 1, 2015
Sacramento Area
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$43,000 in Scholarships Awarded!

December 13th, 2017

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Many of the scholarship recipients pictured.

On Thursday, Nov. 16, $43,000 in scholarships were awarded to 19 deserving students. The afternoon was kicked-off by networking with our many sponsors:

Program Sponsors:
CSU Sacramento – College of Business Administration
Propp Christensen Caniglia, LLP

Table Sponsors
BFBA, LLP

California Board of Accountancy
CohnReznick, LLP
Moss Adams, LLP

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Seeking Candidates for Chapter Board

December 13th, 2017

The Sacramento Chapter Nominating Committee is seeking candidates for four positions opening on the board for a 2018-20 term, as well as chapter officer spots that will be up for election in January. The board positions are two-year commitments. Officers are elected annually.

Becoming a chapter board member is a great way to get involved at the grassroots level. Many chapter board members move on to become chapter officers, then serve at the state level as CalCPA Board members. If you want to make a difference in the chapter, consider applying for a position on the chapter board. We offer leadership training and free lunches at the monthly board meetings, which you would be expected to attend. There are eight board meetings annually that are generally two hours long, except for the planning session in January, which is typically longer.

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Tax Reform Update

December 12th, 2017

The AICPA’s Tax Advocacy team has prepared a video overview of tax reform post-Senate passage. Along with the video, you’ll also find an FAQs and other resources on the webpage.

A conference committee has convened to address the differences between the House and Senate proposals. Congress and the Trump administration are looking to enact the final tax reform bill before the end of the year, with most of the provisions becoming effective Jan. 1, 2018.

Additionally, the Tax Policy Center has a helpful table that highlights the differences between current law, House and Senate proposals. And a side-by-side comparison of the two proposals can be seen here. Scroll down to the bottom of the page.


Fake Assurances: A Case Study with Okorie Ramsey

September 13th, 2017

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Engage in a two-hour case study discussing and reviewing auditor points-of-view from portions of False Assurance—a film by ICEAW. Participants will dive into this case study with Okorie Ramsey, 2017-18 CalCPA Education Foundation Board of Trustees president.

This two-hour session is offered live at CalCPA’s office in Burlingame or via webcast Nov. 8.

View the trailer and register »

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Diversity and Inclusion: California Dreamin’ or California Reality

September 6th, 2017

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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YEP Mentors Needed for AICPA Legacy Scholars Program

August 10th, 2017

Each year, the AICPA’s Legacy Scholars program awards more than 100 scholarships to talented accounting students across the nation – from high school seniors to graduate students and everything in between. As participants, students will complete eight hours of service each semester by planning and implementing events that support and promote the accounting profession. In addition, scholars can request a CPA coach they can turn to throughout the year with questions or advice related to fulfilling service requirements, sitting for the CPA Exam, career exploration, interview preparation, or general guidance as they journey through college and/or transition to the workforce.

The AICPA’s Academic & Student Engagement team is currently seeking volunteer coaches for the 2017-18 academic year who have their CPA license, at least two years of full-time professional work experience, and a desire to grow and develop future accountants.

We expect coaches to be able/willing to:

  • Commit approximately 5 – 10 hours each month to emailing, texting, and/or talking via phone or in-person with assigned scholar(s) over the course of the 2017 – 18 academic year
  • Answer student questions about CPA licensure and the accounting profession and help students progress toward academic and professional goals
  • Foster and develop student’s interest in the AICPA and state societies, and make them aware of engagement/volunteer opportunities within their state and national associations

Please contact Claire Jefferies, Lead Manager – Academic & Student Engagement team, via email by August 31st at claire.jefferies@aicpa-cima.com if you have questions or are interested in becoming an AICPA Legacy Scholars Coach. On behalf of our students and the AICPA, thank you for your commitment to our scholars and the future generation of accounting leaders!


Last Month to Apply to CalCPA Leadership Institute

August 2nd, 2017

Leadership comes in many forms. Gain insight into what type of leader you are by taking part in CalCPA Leadership Institute.

Discuss, analyze, reflect and build your leadership skills through this program, during which you’ll learn leadership fundamentals and identify personal leadership styles, as well as gain insight on strategic planning, goal setting and client management, among other topics.

The 2017-18 program will be held Nov. 9-10 in San Diego, Dec. 6-7 in Burlingame and Jan. 16-17 in Sacramento.

Interested? Grab more information and an application online. Applications are due Aug. 31.

July 6th, 2017

Buy Through Amazon … Help CalCPA Education Foundation
When you #StartWithaSmile on #PrimeDay, Amazon donates to CalCPA Education Foundation.
Shop for great deals at smile.amazon.com/ch/94-6130841

 

May 23rd, 2017

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Join us at a CPE Weeks destination!
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February 24th, 2017

CA Cannabis Industry