Calcpa Institute

“Form 990 is prepared by calcpa staff. It is reviewed in detail by the controller and a secondary, high-level review is conducted by the cfo and independent accountants. The reviewed draft is circulated to members of the audit committee requesting the review, comments, and questions. All the questions and concerns are addressed and resulting notifications are made as appropriate. Once the review process is completed, the form 990 is provided to all council and board members and is filed with the irs on or before the due date.”

“The institute annually requires that all members of the board of directors read the conflict-of-interest policy and submit a conflict-of-interest disclosure statement. The disclosure statements are reviewed upon receipt. If conflicts are identified, calcpa's ceo reviews the statement and will refer to legal counsel, if necessary. In its annual training of incoming board members calcpa discusses with its leaders that the organization is governed by california corporation code and that they have a fiduciary duty as directors of calcpa”

“Calcpa institute is organized and operating to perform the functions, or to carry out the purpose of the california society of certified public accountants ("calcpa"). Calcpa institute is under the same management of calcpa's. The board of directors is delegated responsibility to review the ceo's goals, performance, and compensation to the ceo goals and objective committee ("committee"). The committee is comprised of the president, past president, first vice president, and secretary/treasurer. All members of the committee do not have a conflict of interest with respect to the determination of the ceo's compensation. The committee meets and sets out goals for the ceo to accomplish through out the year after the end of the fiscal year, the committee performs their due diligence review of the ceo's goals and performance as well as the comparable dat and makes the final recommendation to the board of directors, which has final approval. Comparable data includes form 990 of other state cpa societies similar to size and a compensation survey conducted by the american society of association executives (asae). The ceo determines the salary of the cfo based on an annual performance review measures against goals preset by the ceo.”

“The governing documents and financial statements are available on the organization's website and upon request. The conflict of interest policy is available upon request.”

“Volunteers are calcpa members who sign up to get involved in the following (1) talk to high school or college students about budgeting, credit, or savings and investing, or help them discover a cpa career; (2) hold dollars & sense workshops to educate public on financial literacy; (3) being a tax volunteer by sharing their knowledge with the public by collaborating with state legislators, local chambers of commerce, tax assistance programs and television and radio news shows. Diversity and inclusion volunteers work specifically with under-represented minority students by bringing career awareness or the cpa profession and financial literacy education to the classroom”

“Campus Ambassadors”