Financial Leadership Forum

 

AB 117: License Status Disclosure Update

CalCPA-sponsored AB 117 (Niello) is scheduled for a hearing Monday, June 29, with the Senate Appropriations Committee. The bill would require CPAs with inactive licenses to disclose that fact when using the CPA designation by placing the word “(inactive)” immediately after CPA on business cards, stationary, résumés or other business communications.

The CBA allows CPAs employed by private business or government to use the title CPA on their business cards, résumés and in other business communications even if their license is “inactive.” CPAs in industry and government are often employed in the finance and accounting department of the business or government agency and involved in the preparation of financial statements for audit or in obtaining financing from banks or investors.

In today’s economy it is essential that employers, investors and consumers are provided with increased transparency in making investment and employment decisions.


Lessons from the Credit Crisis: Finance Function Best Practices

Improved forecasting, planning, budgeting and investor relations are just some of the areas in which many companies believe their finance functions will have to improve in the wake of the credit crisis, according to KPMG survey.

More than 80 percent of 516 respondents said, even in the early stages of the credit crisis, they realized that their finance functions had to improve their ability to challenge and support the business, according to the survey.

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About The Forum

The Financial Leadership Forum is committed to ethical responsibility, excellence, strategic innovation and best practices in financial and business management. The Forum supports financial leaders and executives through powerful advocacy, thought leadership, executive education and essential resources.
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Membership Criteria

Membership is open to business and finance professionals who are CalCPA members. For professionals who are not yet CalCPA members, please visit www.calcpa.org/join .