Notes To Financial Statements - California Society of Certified Public Accountants - Statistical Data Included

California CPA, Sept, 2001

                   2001       2000
CalCPA        $  72,000  $  67,000
Foundation      627,000    630,000
Consolidated  $ 699,000  $ 697,000
5. Investments
                                               CalCPA    Foundation
Investments consist of the following:
2001
U.S. government obligations               $   695,000   $ 1,361,000
GNMA mortgage pool                             97,000       187,000
Other debt securities                         281,000       455,000
Equity securities                           1,797,000     2,820,000
Total                                     $ 2,870,000   $ 4,823,000
2000
U.S. government obligations               $   715,000   $ 1,510,000
GNMA mortgage pool                            125,000       242,000
Other debt securities                         191,000       265,000
Equity securities                           1,972,000     3,205,000
Total                                     $ 3,003,000   $ 5,222,000
Investment income (loss) consists of the
following:
2001
Interest and dividends                    $   395,000   $   338,000
Net realized and unrealized losses           (229,000)     (280,000)
  Investment income                           166,000        58,000
Less investment expenses                      (45,000)      (74,000)
Investment income (loss), net             $   121,000   $   (16,000)
2000
Interest and dividends                    $   263,000   $   262,000
Net realized and unrealized gains              28,000       125,000
  Investment income                           291,000       387,000
Less investment expenses                      (41,000)      (71,000)
Investment income, net                    $   250,000   $   316,000
                                          Consolidated
Investments consist of the following:
2001
U.S. government obligations               $  2,056,000
GNMA mortgage pool                             284,000
Other debt securities                          736,000
Equity securities                            4,617,000
Total                                     $  7,693,000
2000
U.S. government obligations               $  2,225,000
GNMA mortgage pool                             367,000
Other debt securities                          456,000
Equity securities                            5,177,000
Total                                     $  8,225,000
Investment income (loss) consists of the
following:
2001
Interest and dividends                    $    733,000
Net realized and unrealized losses            (509,000)
  Investment income                            224,000
Less investment expenses                      (119,000)
Investment income (loss), net             $    105,000
2000
Interest and dividends                    $    525,000
Net realized and unrealized gains              153,000
  Investment income                            678,000
Less investment expenses                      (112,000)
Investment income, net                    $    566,000
6. Property and Equipment
Property and equipment consist of the following:
                                        Ca1CPA    Foundation
2001
Equipment                              938,000   $ 1,079,000
Software                               937,000       783,000
Furniture                              290,000       189,000
Leasehold improvements                 626,000        94,000
  Total                              2,791,000     2,145,000
Less accumulated depreciation and   (1,711,000)   (1,312,000)
 amortization
Property and equipment, net        $ 1,080,000   $   833,000
2000
Equipment                          $   867,000   $   886,000
Software                               950,000       448,000
Furniture                              185,000        90,000
Leasehold improvements                  57,000
  Total                              2,059,000     1,424,000
Less accumulated depreciation and   (1,283,000)   (1,151,000)
 amortization
Property and equipment, net          $ 776,000   $   273,000
                                   Consolidated
2001
Equipment                          $  2,017,000
Software                              1,720,000
Furniture                               479,000
Leasehold improvements                  720,000
  Total                               4,936,000
Less accumulated depreciation and    (3,023,000)
 amortization
Property and equipment, net        $  1,913,000
2000
Equipment                          $  1,753,000
Software                              1,398,000
Furniture                               275,000
Leasehold improvements                   57,000
  Total                               3,483,000
Less accumulated depreciation and    (2,434,000)
 amortization
Property and equipment, net        $  1,049,000
7. Deferred Revenue
Deferred revenue consists of the following:
CalCPA:                                       2001         2000
   Dues                                $ 3,098,000  $ 2,942,000
   Peer review registration fees           597,000      604,000
   Annual meeting fees                      29,000       29,000
   Web site advertising                                   9,000
    CalCPA total                         3,724,000    3,584,000
Foundafion:
   Registration fees, including Value    1,451,000    1,420,000
    Pricing (VP) program
Consolidated                           $ 5,175,000  $ 5,004,000