Combined statements of financial position.

• Position: Statement of assets and liabilities of California Society of Certified Public Accountants

California Society of Certified Public Accountants | California Certified Public Accountants Education Foundation

April 30, 2014 and 2013

(Amounts Expressed In Thousands)

2014 2013 Assets Current Assets: Cash and equivalents $ 9.710 $ 9,370 Certificates of deposit 1.915 l .960 Accounts receivable, net 284 173 Other receivables 322 323 Receivable - affiliates 36 83 Prepaid expenses and other 625 532 Total current assets 12.892 12.441 Investments 32.076 30,358 Investments--Endowment 50 50 Fixed Assets, net 2.651 3.004 Trust Assets--Deferred Compensation 1.049 959 Other Assets 130 129 Total assets $ 48,848 $ 46.941 Liabilities and Net Assets Current Liabilities: Accounts payable $ 562 $ 463 Accrued expenses 1.430 1.267 Deferred revenues 8.582 9.078...