A Million Thanks

BY CHERYL ROSEN

Its not every day that a CPA donates $1 million to his alma materespecially when thats Cal State Northridge. But its precisely the schools less-than-Ivy-League cachet that made Harvey Bookstein feel his gift would be truly appreciated. The cofounder of Los Angeles accounting firm RBZ LLP says the money will help pay for top-quality professors and fund scholarships for accounting students.

The only child of two tax preparers who arrived in California with $100 and an old car, Bookstein began helping out in the family firm at the age of seven. I was the class nerd and hated high school, he says, but my parents insisted I get the college degree and CPA certification they always regretted not having. Im very grateful to Northridge for my opportunity and my career.

Today Bookstein is a therapeutic accountant who specializes in financial issues involving children, divorce and passing down family businesses from one generation to the next. I try to get sons to respect their fathers years of knowledge and fathers to respect sons technology know-how, he says. Together theyre much more successful than they would be apart.

About his seven-figure giftthe largest in Northridge historyBookstein says, Im not wealthy, but Ive certainly made more money than I ever thought I would and I want to enjoy the fruits of my efforts while Im still alive.

RESOURCES

Keeping you informed and prepared amid the coronavirus outbreak

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.

VIDEO

Excel walk-through: Sparklines

Want to liven up your spreadsheets with some color and graphical elements? Kelly L. Williams, CPA, Ph.D., shows how to use Excel sparklines, which illustrate data trends and patterns via small charts that fit in a single Excel cell.