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Opportunity?

By Mark Erickson, CPA

8_pres_sm.jpgSo are there current opportunities in the market? One thing history teaches is that it consistently repeats itself. We are also told that the best opportunities surface when most investors are bearish. Many experts expect a rebound to occur later this year or perhaps next. So what does all this mean? One thing is clear – we have seen significant declines in most markets and history has consistently shown us that what goes down will eventually go up. Does this mean there are bargains? You decide. Better yet, contact one of the many talented personal financial specialists (PFS) who are members of CalCPA—they are much better than I at guiding you in these volatile times. Click here for more information.

The chapter’s January 4X2-hour event was a great success. There were positive comments from the attendees on the new format that provided four two-hour sessions on a variety of subjects. As a reminder, these events are available as podcasts on our website. January also included our winter CalCPA Council meeting and CPA Day at the Capitol. Be sure to read the articles below that summarize these two important events—and a big thank you to second vice president Johanna Sweaney Salt and past president Scott Hofferber for their attendance at these events and their valuable insights in these articles.

We began February with a young and emerging professionals event, which included a presentation by a representative from Toastmasters who provided valuable tips and recommendations on public speaking to several emerging leaders. Congratulations to co-chairs Ted Collins and Patrick Cabildo on facilitating this exciting event.

I am excited to remind you about our March 18 social at Dave & Buster’s, but sad that this will be the last social for my term as president. I encourage you to join me and other chapter leaders in this important networking opportunity and have a great time in the process. These events have been selling out, so register soon.

I have been so blessed to work with such a dedicated and talented group of chapter leaders and to have the most skilled program associate in Monica Thompson. They have all made our events this year a success and have increased the value of membership to our local members. Take the opportunity to get involved. You will not regret your decision.

Respectfully,
Mark Erickson, CPA

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Bulletin Deadlines

Keep these due dates in mind if there is something you’d like to publish in the Bulletin. Send information to chapter program associate Monica Thompson.

September issue: Aug. 11
October issue: Sept. 10
November issue: Oct. 11

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Software tools enable us to be more productive and efficient. Learn how to leverage the powerful features of Excel for accounting and auditing. Explore the use of Excel as an audit and analysis tool, as well as selected features that help prepare accurate reports and workpapers. Review SAS 56 requirements and how to satisfy them with Excel, as well as certain FASB pronouncements that Excel can automate. Explore how certain fraud analysis may be accomplished with Excel, including the implementation of Benford's law.
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Program Associate:
Monica Thompson
(951) 242-7558

Program Director:
Maria Nazario
(800) 922-5272, ext. 3506

P.O. Box 974
Moreno Valley CA 92556

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