March/April 2008 | OCLB Chapter Bulletin

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SPONSORSHIP

Please join me in extending a special thank you to the team at Wealth Management Network, LLC for being a Corporate Sponsor for our chapter. Mark Moehlman, MBA and Laine Ainesworth, CFP, co-founded Wealth Management Network with the goal of assisting their clients with every aspect of their financial lives. They offer comprehensive business financial planning services and personal estate planning including a wide range of investment options.

 

CalCPA NEWS

Introducing the Financial Leadership Forum

The Forum, a new program of CalCPA and the California CPA Education Foundation, will enhance the support provided to finance executives and business leaders with tailored resources and programs.
   Membership is an exclusive benefit for business and finance professionals who are CalCPA members.
   Find your path to success in business. Check out the Financial Leadership Forum.

 

SAVE THE DATE

Angels Baseball: Step Up to the Plate

Back by popular demand, we'll soon have discounted tickets for OC/LB Chapter members!
Dates: Saturday, May 17 (Angels vs. L.A. Dodgers) and Friday, July 18 (Angels vs. Boston Red Sox)
Look for more details in the March Bulletin.

 

CHAPTER EVENTS

OC/LB Chapter Mixer

Date: Thursday, May 8
Location: Kimera; Irvine
RSVP: Online

 

INTEREST GROUP MEETINGS

Litigation Interest Group

Topic: Fraud: It’s Detection and Prevention
Speakers: Dana A. Basney, CFE CIRA ABV
Date: Friday, Feb. 22
Time: 11:30 a.m.–1:30 p.m.
Cost: $38/members; $43/nonmembers; $50 at the door (lunch included)
Location: Zov’s Bistro; 17440 E. 17th St.; Tustin
CPE: 1 hour
RSVP: Online

Estate Planning Interest Group

Topic: 1041 Issues
Date: Wednesday, Feb. 27
Time: 7:30–9:30 a.m.
Cost: $35/members; $45/nonmembers (breakfast included)
Location: Holiday Inn Costa Mesa; 3131 S. Bristol St.; Costa Mesa
RSVP: Online

Topic: Preparation of 706/709s Speaker: Wes Scott, JD
Time: 7:30–9:30 a.m.
Cost: $35/members; $45/nonmembers (breakfast included)
Location: Holiday Inn Costa Mesa; 3131 S. Bristol St.; Costa Mesa
RSVP: Online

Business and Industry Interest Group

Topic: Speaking Skills: The Key to Effective Presentations
Speaker: Arvee Robinson
Date: Monday, April 28
Time: 11:45 a.m.–1:30 p.m.
Cost: $37/members; $42/nonmembers; $47/at the door (lunch included)
Location: Zmario; 18912 MacArthur Blvd.; Irvine
CPE: 1 hour
RSVP: Online
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PRESIDENT’S MESSAGE

Future Looks Bright

By Wendy Richards, CPA

Dear members and friends:
   I hope this finds you looking forward to a productive and prosperous 2008. We closed 2007 with a fun mixer at the famous Sutra Lounge in Costa Mesa and the leadership dinner at the Aquarium of The Pacific in Long Beach. Both events gave us a chance to celebrate the year with old friends and expand our network by meeting new people. Thanks to everyone who made these events so successful.
   This will be another exciting year for the accounting and finance programs at our local colleges and universities. They represent a great resource for chapter members to further their education, get involved with undergraduate students and take advantage of the many professional programs they offer.
   The Paul Merage School of Business at UC Irvine recently established the Center for Investment and Wealth Management, which will study of wealth management. The mission is to become a national source of innovative approaches and educational programs on the issues surrounding the creation, management and intergenerational transfer of wealth. The center will produce research and programming that adds to the fundamental base of knowledge in wealth management and provides relevant source material for the professional community.
   The Southern California region is the home of many financial institutions, investment companies, law firms, accounting firms and wealth management companies that provide services in the broad area of wealth management. The center’s strategies and activities will draw upon this breadth of expertise in the business community.
   The College of Business and Economics at California State University, Fullerton received $30 million from Steven Mihaylo, the retired founder of Inter-Tel, a manufacturer of voice and data network equipment. Accordingly, the college will be renamed Steven G. Mihaylo Hall.
   When it opens in fall 2008, the new home for the College of Business and Economics with feature a 250-seat lecture hall; more than 30 modern classrooms; faculty and administrative offices; interactive technology labs; and 10,000 square feet of collaborative working space for students. The university’s undergraduate accounting program has more than 1,000 accounting majors registered for the 2007-08 year. The College of Business and Economics also includes the Center for Corporate Reporting & Governance, the only such program in Orange County.
   And Orange Coast College recently added a unique course to its accounting curriculum: Volunteer Income Tax Assistance, a service learning course that involves students actually preparing federal and state income tax returns for qualifying community residents.
   Best wishes for the coming year and be sure to keep checking the website and your e-mail for more fun and informative chapter events.
—Wendy Richards, CPA, CITP
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CHAPTER NEWS

New Members

On behalf of the Orange County Long Beach Chapter’s officers, directors and members, we extend our warmest of welcomes to our new members: Gary Craig, Kyle DeGraaf, Michael Gonzalez... [see all new members]

Economic Forecast Event a Hit

A capacity crowd attended our ninth annual economic forecast event Jan. 23, which featured guest speaker Esmael Adibi, director of the A. Gary Anderson Center for Economic Research at Chapman University. Check out some photos from the event.

 Join us next January for this popular event and find out what one of our best economic prognosticators believes will happen with the credit market, housing industry and more in 2009. Date, time and location will be announced in future chapter bulletins.

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CalCPA NEWS

Recognizing Achievements in Improving Financial Literacy for Youth

The California Jump$tart Coalition is looking for outstanding teachers, other educators and community leaders to honor their efforts in expanding personal finance education. Honorees will be recognized at the California Summit on Financial Literacy Wednesday, April 23, with awards and contributions to their organizations, including $1,000 educator awards sponsored by Citi.
   If you know of individuals who have made contributions to financial literacy among California's youth, please contact California Jump$tart Coalition Awards Committee members Karen Anderson or Norm Greenbaum by Monday, March 17.
   Reserve your place today at the Summit! Register online.

New Member Benefit: CCH Discounts

CalCPA members can save 30 percent on their favorite tax and accounting references from CCH. Choose from the more than 175 authoritative CCH titles that provide up-to-date guidance on federal and state taxation, legislation, tax prep, accounting, auditing, finance and estate planning.
   Simply check out the line of CCH books, enter your priority code on the billing page you’ll see your savings. Your purchase will be sent directly to you.
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QUOTE

“New knowledge is the most valuable commodity on earth. The more truth we have to work with, the richer we become.”—Kurt Vonnegut
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RESOURCES:

Orange County Long Beach Chapter Leadership