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News from Akron Chapter IMA
Akron Chapter IMA Newsletter )
The Summit Report October 2008
In this issue
  • President's Message
  • Pre-Technical Session - "Cyber Liability Coverage - Think Outside the Box to Protect What's Inside the Box"
  • Technical Session - "Mergers, Partnerships and Collaborations - How the Not-For-Profit Organization's Accountant's Role is Changing"
  • 2008 / 2009 Meeting Schedule
  • Board of Director News
  • CPE Credit for IMA Meetings
  • Annual Program Books
  • CMA Review Class
  • Message from Employment Director
  • Welcome New Members
  • Awards' Night
  • Win a Prize!!!
  • Mr. Excel presents . . .
  • Retention Attention: How to Keep Gen Y Employees With Your Firm
  • Dear Members:

    Please join your fellow members and celebrate Award's Night on October 15, 2008 at Tangiers Restaurant.

    Please forward newsletter items to:
    ima_newsletter@yahoo.com
    Thanks!


    Shirley Calvin

    President's Message
    Becky

    Fellow Members,

    Fall is here and this month we honor the Member of the Year, Associate Director of the Year and Perfect Attendance. Please join me in honoring our fellow members on October 15th. A listing of the award winners can be found in the program book and elsewhere in the newsletter. Congratulations to all of honorees.

    I am pleased to announce that the chapter was awarded a MEF Grant in the amount of $1,997 for student activities. The grant money will be used to offset meal costs for students, and to reimburse the three student chapters at the University of Akron, Kent State University and Youngstown State University for meeting and recruiting costs. Currently, a student who attends the meeting pays $10.00. Last year, 75 students attended the meetings.

    A reminder of some upcoming events for chapter members: the CMA class at the University of Akron starting in November and the half day Professional Development seminar December 10th. Details can be found in the newsletter.

    I look forward to seeing you at one or all of the events.

    Becky Price
    President
    Akron Chapter IMA

    Pre-Technical Session - "Cyber Liability Coverage - Think Outside the Box to Protect What's Inside the Box"
    Craig

    Tangier Restaurant
    October 15, 2008
    5:25 P.M. (SHARP)
    Pre-Technical Session

    CRAIG A. HASSINGER
    President, Seibert-Keck Insurance

    SHELLEY C. WHITE
    Executive Account Manager, Seibert-Keck Insurance

    Craig Hassinger developed his knowledge of the insurance industry as a marketing manager and underwriter. He has served Seibert-Keck in a number of capacities, including producer and chief operating officer. As president, he collaborates with company leadership and staff to expand product offerings and enhance client service.

    Craig received his Associates degree in 1989 from the University of Akron. He continued his education at Malone College, where he obtained his Bachelor of Arts degree. His education and experience in the insurance industry have prepared him to be a qualified advisor to commercial clients.

    He is a member of CIAB, Professional Insurance Agents Association, Independent Insurance Agents Association, Wadsworth Chamber of Commerce, Leadership Medina County, and a City Council Member for the City of Wadsworth.

    With more than 30 years of experience in the insurance industry, Shelley White provides the day-to- day service for Seibert-Keck's key large accounts. Continually striving for top-quality service and providing clients with enhanced products, she is able to help evolve and take their insurance to the next level.

    Shelley has a broad insurance background, which includes detailed knowledge in public risk accounts, healthcare, and human services.

    She attended the University of Akron in pursuing a graphic arts degree.

    Shelley is involved in various insurance organizations for the purpose of higher education and has served as past officer of Executive Women's Roundtable. Shelley is working on obtaining her designation as a Certified Insurance Counselor (CIC).

    Technical Session - "Mergers, Partnerships and Collaborations - How the Not-For-Profit Organization's Accountant's Role is Changing"
    Holly

    Tangier Restaurant
    October 15, 2008
    AWARDS NIGHT
    Technical Session

    ELAINE M. HARLIN
    President, Child Guidance & Family Solutions

    Elaine Harlin has over 28 years of behavioral healthcare experience. She began her career in the billing office at Western Reserve Human Services. However, it wasn't long before she ascended the ranks and transferred to the organization that is now Child Guidance & Family Solutions. In 2003, she successfully ushered the merger of Child Guidance Centers and the 80-year-old social services agency, Family Solutions. In 2005, and again in 2007 and 2008, Child Guidance & Family Solutions was honored with the highly coveted Northcoast 99 Award, given to organizations which exemplify the 99 best places to work in Northeast Ohio, due to innovative approaches to benefits, communication, diversity, training and development, and employee satisfaction.

    Elaine served as the National Chair for the CMHC software user group and collaborated with more than 300 agencies nationwide to create a better software product, specifically designed for the behavioral healthcare profession. She leads Child Guidance & Family Solutions in information management, accounting, fiscal administration and strategic planning, and works closely with an Executive Council in creating new methods to address the emerging challenges of identifying and treating co-occurring disorders (COD), a behavioral and mental health issue exacerbated by alcohol and/or drug abuse. She currently is serving a 2-year term on the 15-member Ohio Council of Behavioral Healthcare Providers Board, which represents 160 private, behavioral healthcare providers throughout the state. She is also on the Executive Committee of Summit County Family & Children's First Council.

    Elaine Harlin provides direction and leadership essential for Child Guidance & Family Solutions to remain Summit County's leading provider of behavioral and mental healthcare to adults, children and families.

    2008 / 2009 Meeting Schedule

    All Regular Monthly meetings for the 2008/2009 year will be held at Tangiers Restaurant on the following dates:
    10/15/08
    11/19/08
    1/13/09 - Joint Luncheon Meeting with ASWA
    1/21/09
    2/18/09
    3/18/09
    4/22/09
    5/20/09

    Dinner cost is $25 (or $23 using the Pay Pal option) and $10 per Pre-Tech Session (or $50 prepayment for the entire pre-tech series).

    Board of Director News

    There are still several board positions that need to be filled -- (Director - Librarian, Director - Member Relations, Co-director - Advertising, and Assistant Treasurer). If you are interested in any of these board positions, contact any current board member for information.

    CPE Credit for IMA Meetings

    For a complete record of CPE earned at Akron chapter pre-tech, tech and PD Seminar meetings (from September 2000 through May 2008), go to the chapter website, www.akron.imanet.org, click in "Events", and then click on "CPE History" (bottom of page). The link shows date of meeting, name of speaker, title of presentation, CPE categorization, and number of hours of CPE credit earned.

    Annual Program Books

    The Annual Program Books went in the mail on September 22. For those chapter members who moved but didn't advise IMA National of their new addresses, we will re-mail books to forwarding addresses as advised by the Post Office. One University of Burdwan (Univ. of Akron?) student moved but left no forwarding address - Subhas C. Das, 421 Brown Street - Apt. 2, Akron 44311 (e-mail address, subhascdas@yahoo.com, was invalid also). If you know his new address, please advise Ken Bechtol - Ken.Bechtol@davey.com.

    CMA Review Class

    IMA Akron Chapter
    CMA Review Class News
    Look What's Coming

    The IMA Akron Chapter, through the University of Akron Workforce Development & Continuing Education division, will be offering the CMA Review class for Part 3 "Strategic Management" beginning Saturday November 1, 2008, and continuing for three more consecutive Saturdays in November. This course uses the Institute of Management Accountant's (IMA) Certified Management Accountant (CMA) Learning System to prepare the student to sit for and pass Part 3 of the CMA exam. Topics covered include: strategic planning, strategic marketing, corporate finance, decision analysis, and investment decisions. Materials are included. The Tuition is $650 and the deadline for registration and receive the course material in advance is October 24, 2008. To register by phone please call (330) 972-7577. To register online please visit the Universit y Continuing Education website at www.uakron.edu/ce/register.php

    The Spring 2009 CMA Review class schedule has just been established. Part 1 Business Analysis (Waiver Exemption for CPAs) will begin Saturday February 7, 2009 and continue on February 14th, February 21st, and February 28th. Topics covered include: business economics, global business, internal controls, quantitative methods, and financial statement analysis. The Tuition remains at $650 and the deadline for registration and receive the course material in advance is January 23, 2009. To register please call (330) 972-7577.

    Part 2 Management Accounting and Reporting will begin Saturday April 18, 2009 and continue on April 25th, May 2nd, and May 9th. Topics covered include: budget preparation, cost management, information management, performance measurement, and external financial reporting. The Tuition remains at $650 and the deadline for registration and receive the course material in advance is April 3, 2009. To register please call (330) 972-7577.

    Did you know that Effective January 1, 2009, the exam will be offered according to the following schedule:
    January and February: Parts 1, 2, and 3
    March: No exam parts offered
    April: Part 4 only
    May and June: Parts 1, 2, and 3
    July: No exam parts offered
    August: Part 4 only
    September and October: Parts 1, 2, and 3
    November: No exam parts offered
    December: Part 4 only

    However, the University of Akron Continuing Education division is considering offering the exam on site at the University under a program offered by IMA National. Under this program we can offer you the opportunity to take the exam parts outside of the above schedule. Look for more on this in future newsletters, and hear about it at upcoming chapter meetings.

    For additional information please contact Steve Law, IMA Akron Chapter Director of CMA Education at (330) 666-8395 or stevelawnj@hotmail.com

    Message from Employment Director

    Please contact Roy Howarter if you have a job available or are looking for an employment opportunity.

    Roy Howarter - Akron IMA Employment Director, 1- 800-321-5583

    Welcome New Members

    Please join us in welcoming the following students from Youngstown State University: Anthony Chapman, Ashley Binegar, Anthony Angnardo, Jaime Kudary, Carmela Ballone, Edward Horodyski Jr., and Nicholas Meditz . All were sponsored by David Stout.

    Also, joining were the following students from the University of Akron: Ramy Abdel Razek, Nicole Cattran, Robert Cook, Sonja Herwick, Christine Hoover , Kin Kwok, Juliette Lawless, Alyson Marean, Krista Miller, Evan Pestello, and Tara Rowe.All were sponsored by Il-Woon Kim.

    Awards' Night

    Please join us in extending congratulations to the following chapter members for the 2007-08 IMA year:

    Robert O. Feola Member-of-the-Year Award - Jeff Falter

    Michale P. Granieri Associate Director of the Year Award - Ken Bechtol

    Perfect Attendance Awards/Recognition:
    39 years - James Pollock
    38 years - Jack Brillhart
    37 years - Bill Dreyer
    36 years - Ken Bechtol
    31 years - James Campbell
    30 years - Wayne Hawkins
    19 years - Linda Simko
    16 years - Roy Howarter
    9 years - Harold Matney
    8 years - Tamra Emmett and Nancy Layer
    7 years - Doreen Kuster, Rebecca Price, and Mike Savage
    6 years - Gary Floyd Jr., Dean Hull II, and Stephen Law
    5 years - Rich Lewandowski
    3 years - Ed Wagner
    2 years - Susan Arnold, Andy Balint, and Joan Chamberlain
    1 year - Kirstin Jagger

    Twenty-Fiver Club - Mark Gamble
    Fifty Club - Jack Bowers, William Firke, and John Rickert

    Win a Prize!!!

    Beginning in October ---
    Simply come to the monthly technical session and sign in-
    Random numbers will be chosen and compared to the sign in sheet ----
    If the number called matches the number your name appears next to on the sign in sheet ---
    YOU WIN!!
    The prize will be a $5 gas card.

    Mr. Excel presents . . .

    Advanced Data Crunching

    October 23, 2008
    Time 1 - 4 PM
    3 Hours CPE
    Location: Columbus Metropolitan Library 96 S. Grant Ave Columbus
    Cost - Free to Members, $25 non-members
    Space is limited so register early RSVP to Sandy Brenner 216-839-7288 or email sandra.brenner@basf.com

    Retention Attention: How to Keep Gen Y Employees With Your Firm

    One of the more complicated challenges employers face today is managing, motivating and retaining a staff comprised of multiple generations. While baby boomers and Gen-Xers are by now essentially known quantities, most managers are still in the process of learning what makes Generation Y tick. To help, Robert Half International teamed up with Yahoo! HotJobs to survey more than 1,000 Millennial workers, ranging in age from 21 to 28. Based on the insights gained from our research, here is an overview of effective strategies for retaining your Gen Y accounting and finance team members:

    Focus on work/life balance. Maintaining work/life balance is important to all employees, but especially Gen Y. Nearly three- quarters (73 percent) of the Millennials surveyed reported being worried about balancing a career with personal obligations. Consider programs that give staff more flexibility and control over their schedules. Compressed workweeks, telecommuting and alternative scheduling arrangements are examples that could be attractive to many of these individuals.

    Prepare them for advancement early on. Generally speaking, patience isn't one of Gen Y's top attributes. Fifty-one percent of the workers surveyed believe they should spend just one or two years paying their dues in entry-level positions. You're likely to discover that Millennials want to make a quick impact and are eager to tackle greater challenges earlier in their tenure than many of their predecessors. Provide clearly delineated career paths and keep them engaged by diversifying and expanding their job duties. Moreover, help them stretch their skills by encouraging entrepreneurial thinking and smart risk taking.

    Don't be a stranger. Members of Gen Y grew up receiving constant guidance from parents, teachers and coaches, and many expect the same level of feedback from their supervisors. In fact, 35 percent of survey respondents said they prefer to communicate with the boss several times a day. Instead of waiting for the annual performance review to give praise and improvement recommendations, offer frequent spot reviews as projects are completed. Simply put, open-door policies and timely critiques are keys to keeping Millennials happy - and with your firm.

    To request the report, What Millennial Workers Want: How to Attract and Retain Gen Y Employees, visit www.rhi.com/geny.

    Accountemps is the world's first and largest temporary staffing service specializing in the placement of accounting, finance and bookkeeping professionals. The company has more than 360 offices worldwide, and offers online job search services at www.accountemps.com.

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