Consolidating statements of activities - 2002 Annual Report - Brief Article - Statistical Data Included

California CPA, Sept, 2002

CONSOLIDATING STATEMENTS OF ACTIVITIES

The California Society of Certified Public Accountants

California Certified Public Accountants Education Foundation

Years Ended April 30, 2002 and 2001

                                    CalCPA             Foundation

                                 2002         2001         2002

REVENUES:

  Dues                    $ 7,240,000  $ 7,313,000
  Registration Fees                                 $ 9,916,000
  Peer Review Fees            939,000      962,000
  Member Meetings             789,000      620,000
  and Events
  Advertising                 841,000      939,000
  Services To (From)          533,000      507,000    (157,000)
  Related Entities
  Royalties and Affinity      145,000      242,000      218,000
  Programs
  Investment Income            59,000      121,000    (107,000)
  (Loss), Net
  Other Income                 51,000       87,000      137,000

    TOTAL REVENUES         10,597,000   10,791,000   10,007,000

EXPENSES:

Program Services:
 Member Events:
  Chapters                  1,768,000    1,602,000
  Committees                  361,000      391,000
  Other Activities          1,682,000    1,726,000
 Other Member Services:
  Communications            1,928,000    1,648,000
  Government Relations        873,000      780,000
Professional Education                                8,856,000
Programs

  Total Program Services    6,612,000    6,147,000    8,856,000
Supporting Services:
 Management and General     3,004,000    2,825,000    1,159,000
 Goverance                    484,000      572,000       92,000

  TOTAL EXPENSES           10,100,000    9,544,000   10,107,000

INCREASE (DECREASE)           497,000    1,247,000    (100,000)
IN NET ASSETS

NET ASSETS:
  Beginning of Year         3,754,000    2,507,000    4,779,000

  End of Year             $ 4,251,000  $ 3,754,000  $ 4,679,000

                           Foundation           Consolidated

                                 2001         2002         2001

REVENUES:

  Dues                                 $ 7,240,000  $ 7,313,000
  Registration Fees       $ 9,454,000    9,916,000    9,454,000
  Peer Review Fees                         939,000      962,000
  Member Meetings                          789,000      620,000
  and Events
  Advertising                              841,000      939,000
  Services To (From)        (140,000)      376,000      367,000
  Related Entities
  Royalties and Affinity      423,000      363,000      665,000
  Programs
  Investment Income          (16,000)     (48,000)      105,000
  (Loss), Net
  Other Income                139,000      188,000      226,000

    TOTAL REVENUES          9,860,000   20,604,000   20,651,000

EXPENSES:

Program Services:
 Member Events:
  Chapters                               1,768,000    1,602,000
  Committees                               361,000      391,000
  Other Activities                       1,682,000    1,726,000
 Other Member Services:
  Communications                         1,928,000    1,648,000
  Government Relations                     873,000      780,000
Professional Education      7,783,000    8,856,000    7,783,000
Programs

  Total Program Services    7,783,000   15,468,000   13,930,000
Supporting Services:
 Management and General     1,200,000    4,163,000    4,025,000
 Goverance                    106,000      576,000      678,000

  TOTAL EXPENSES            9,089,000   20,207,000   18,633,000

INCREASE (DECREASE)           771,000      397,000    2,018,000
IN NET ASSETS

NET ASSETS:
  Beginning of Year         4,008,000    8,533,000    6,515,000

  End of Year             $ 4,779,000  $ 8,930,000  $ 8,533,000