CLA Facts & Figures
"CLA" is short for the firm's formal name.
What is CliftonLarsonAllen LLP
All individual taxpayers must complete this basic tax form annually
What is a Form 1040
Who is the MPO of Madison?
Who is Rick Vojtisek
Does GAAP require the accrual or cash basis of accounting?
What is Accrual
The CPA exam consists of this many sections
What is 4, four-hour sections
Auditing and Attestation (AUD)
Business Environment and Concepts (BEC)
Financial Accounting and Reporting (FAR)
Regulation (REG)
CLA has office locations in all of the following, except:
A. East Coast
B. West Coast
C. Midwest
D. Canada
What is Canada
Willful failure to pay taxes is called
What is tax evasion
Who is the OTL and OAL?
Who is Austin Burby and Sarah Fisher
The three branches of accounting:
A. Legislative, Executive, Judicial
B. Financial, Management, Cost
C. Corporate, Financial, Investment
What is B. Financial Accounting, Management Accounting, Cost Accounting
What are the 2 criteria for passing the exams
you must pass all 4 parts within 18 months; you must earn a minimum of 75% on each part
In CLA's branding & marketing strategy, we use the "CLA" logo and often times another image (hint: it is a mode of transportation)
What is a bicycle
An individual taxpayer must file their income tax return by this date
What is April 15th
What year were the renovations complete in our Madison office?
What is 2023
The term used to explain how quickly a company can convert assets into cash
What is liquidity
The CPA exam review course CLA provides to committed campus hires at no cost:
A. Becker
B. Surgent
C. Gleim
D. UWorld Roger
What is A. Becker
Many companies refer to their people as "employees", however the people at CLA go by this name.
What are family members
The name of the Act passed on March 27, 2020 in response to the economic fallout.
What is the CARES Act: Coronavirus Aid, Relief and Economic Security Act
Who is the YAC chair in the Madison office?
Who is Ashlyn Smith
The 3 major types of assurance engagements public accounting firms offer to clients
What are Audits, Reviews, Compilations
The bonus you are eligible for when you pass all 4 sections of the CPA exam before your first anniversary of employment at CLA
A. 500
B. 1,000
C. 3,000
D. 4,000
What is C. $3,000 if passed within 1 year of employment
$2,000 after year 1 of employment
--------------------------------------
+ $2250 bonus to cover the cost of exam fees
CLA employs approximately this many family members:
A. 2,000
B. 3,000
C. 8,000
D. 10,000
What is C. = 8,000
This type of entity generally involves one founder and owner, and is reported on schedule C of that individual's tax return
What is a sole proprietor
What is the address of the Madison office?
Where is 8215 Greenway Blvd Suite 600 Middleton WI 53562
There are many types of financial statements, list 2
What are balance sheets, income statement, statement of income, statement of operations, cash flow statement, statement of equity, statement of comprehensive income
The number of Educational Hours required for CPA Licensure in Connecticut
What is 150 semester hours