Chapter News
Annual CalCPA MAP Committee Meeting
By Johanna Sweaney Salt, CPA
The CalCPA Management of an Accounting Practice Committee had a very full agenda at its annual resort meeting May 14–15 at Tenaya Lodge in Yosemite. Here are some highlights:
Several themes emerged during a post-busy season roundtable. First, although numerous firms have made the transition to the paperless office (or less paper office) there is still tremendous interest in the process and the logistics of doing so. In a similar vein, technology and compliance with new regulations concerning encryption, etc., are always hot topics. The committee will be working on some how-to articles over the next few months to be made available to all CalCPA members.
The concept of dashboards was another area of technology that generated great interest. The committee participated in a web presentation from Thomson on its Practice CS software, which includes dashboard technology.
With many of us being concerned about environmental issues, going green is another timely issue. To that end, C. J. Aberin, electrical engineer and senior manager at KBKG Inc., discussed the tax benefits of going green. C. J. talked about recent legislation, focusing on the Energy Efficient Commercial Building Deduction. There are many opportunities for tax benefits, especially for owners, builders and developers of 50,000-square-foot and larger commercial properties.
Eileen Pastenieks and I also made a presentation based on Bill Reeb’s book, “Securing the Future: Building a Succession Plan for Your Firm.” Succession planning continues to be a critical area for many, if not most, firms, and this book is a step-by-step guide on how to begin the succession planning process.
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