Financial Leadership Forum

 

Governor OK's Inactive CPA License Disclosure Bill

Gov. Arnold Schwarzeneeger signed AB 117 Sunday, Oct. 11, which requires CPAs with inactive licenses to disclose their license status whenever they use the CPA designation by placing “inactive” immediately after “CPA” on business cards, stationery, résumés, websites or other business communications. The requirement is effective Jan. 1, 2010.

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Are You Complying with the Red Flags Rule?

The FTC has extended its "Red Flag" Rule compliance deadline to June 1. The rule requires small businesses and other entities to implement a written ID theft prevention program. The FTC has issued a how-to guide for businesses and the AICPA has released a guide for CPAs to create an ID theft prevention program.

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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 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.