Student Forum/Brown Bag – Surviving an Audit in Your Practice (CA)

Student Forum Meetings are intended for prospective and current students at UCSC-Extension in the Personal Financial Planning Program, UCSCX PFP alumni, and for members of the Financial Planning Association (any chapter). These meetings are not open to the general public.

Surviving an Audit of Your Practice (California)

****Please join us in this collaborative session between the UCSCX In Silicon Valley’s PFP Student Forum Group, and the FPASV’s Brown Bag Lunch team. A light lunch will be served. Registration is required and seating will be limited. Doors open at 11:30 am for networking.****

All financial planners and wealth managers registered with either the State of California, or for larger firms, with the SEC, face the prospect of a practice audit. This session is specifically focused on the State of California Department of Corporations audit process. For many, the prospect of an audit brings feelings of trepidation and uncertainty, especially for a first time audit.

Please join us at this interactive session where 2-3 practitioners will share their recent experiences with a Department of Corporations practice audit. Practitioners representing both an in-office audit, and a paper audit will be on the panel. They will share information regarding the communication methods of auditors, the process that it used to identify and gather the required information, the access the auditors require to complete their assessment, and even more importantly, the process of communicating deficiencies and the expected resolution steps or process.

The panelists will share their learnings and suggestions for other practitioners to take steps now to prepare their practice, as well as any recommendations to reduce the stress involved during the process.

This will be an interactive panel session, with opportunities for questions from the audience.

Registration for this free event will be available soon at on this website and at www.ucsc.edu. Badges will be prepared for those registering for this event. Registration will close when we reach maximum capacity.Walk-ins may be restricted.

Click here to register.

Panelists:

Teresa Scagliotti, CFP®, Principal, Scagliotti & Associates, has worked in the financial services industry for 24 years. She spent a very short period of time with a large insurance company but soon realized there was a lot more to this industry than just insurance. This led her to venture out and establish her own private practice while pursuing the CFP designation through the UCSC Extension program. Today her firm offers hourly financial planning to individuals and families, and risk management services for her clients as well as to clients of other financial planning firms who do not offer this service. Teresa is a former instructor in the UCSC Extension program and served as President of the local FPA of Silicon Valley for 2 years as well as on a national committee with the Financial Planning Association.

Dr. Renée Snow, Ph.D., CFP®, EA has worked as a CERTIFIED FINANCIAL PLANNER™ for the past 20 years and has combined technical expertise with psychology and philosophy in service to her clients. She earned a M.S. in Accountancy and worked 8 years for a large regional CPA firm. While at the firm, she prepared income taxes for clients and began pursuing her CFP® designation. Today, Dr. Snow manages her own firm and specializes in tax planning, asset management, and the psychological aspects of wealth management. Dr. Snow is an associate professor at Sofia University, formerly the Institute of Transpersonal Psychology, where she teaches Transpersonal Finance, Quantitative Research, and Mixed Methods Research. She is also Chair of the Personal Financial Planning Program at the University of California Santa Cruz Extension and teaches the Practicum course.

Chris Wentzien, CFP®, CPA, MBA, Principal, Natural Bridges Financial Advisors, is the founder and principal of Natural Bridges Financial Advisors. He holds a BA in Economics from the University of California at Santa Barbara and an MBA from Westminster College. Chris is a CERTIFIED FINANCIAL PLANNER™ professional and a Certified Public Accountant and Personal Financial Specialist (CPA/PFS). He is currently an instructor at the UCSC Extension Silicon Valley Personal Financial Planning Department and serves on the Board of Directors for the Alliance of Comprehensive Planners (ACP), a nationwide non-profit community for financial planners. As a former professional soccer player, Chris is one of the founders of the Santa Cruz County FC Revolution, a non-profit premier youth soccer club working with underserved children in Santa Cruz County.