STARK RAVINGS
The Newsletter of the IMA Canton Chapter

January 2015

 http://canton.imanet.org

Jesse Allison, President
Travis Young, Editor

In this issue:

This Month's Technical Sessions

Board Nominations

IMA Global Awards

Member News

IMA Joins IIRC

Learning Spotlight

Webinar Schedule

IMA Technical Sessions

 

Connect with Us!

Do you have info to share with our chapter? Email it to news@cantonima.org.

If you wish a colleague to receive these announcements, send an email to news@cantonima.org and we will add them to our announcement list.

Please join Us!

January 20, 2015
 > 5:00 - 8:00 pm > Skyland Pines, 3550 Columbus Rd NE, Canton, OH 44705 (directions)
     Reservation Deadline: Wednesday, January 14th

Pre-Dinner Technical Session (5:00 - 6:00 pm)
State and Local Tax Update
Presented by Theresa B. Mullen, MT
 

After-Dinner Technical Session (7:00 - 8:00 pm)
Federal Tax Update
Presented by Ben Seeley, CPA, JD, MT
 

click here for more information about the speakers

click here to register

Board Nominations

The Canton IMA is still taking nominations for Board Positions starting in starting in June of 2015. Each role lasts one calendar year.

If you know of any Canton IMA members or if you yourself are interested in any positions please e-mail Jesse Allison (jesseallison@howardhanna.com) by January 19th. Elections will be held at our February 17th Technical Session.

 

IMA Global Awards

IMA is seeking nominations for the IMA Global Awards to recognize proud, accomplished, selfless, fulfilled, experienced, distinguished, and prestigious individuals.

Volunteers are highly valued for their contributions to IMA and the management accounting profession. Consider nominating an outstanding colleague for one of IMA’s prestigious awards:

• IMA Exemplary Leadership Award

• IMA Exemplary Volunteer Award

• IMA Exemplary Board Member Award

• IMA Distinguished Member Award

• IMA Distinguished Advocate Award (nonmembers only)

Award recipients will be recognized at IMA’s 96th Annual Conference & Exposition at the Westin Bonaventure Hotel in Los Angeles, Calif., during the Annual Awards Dinner on Tuesday, June 23, 2015. Award winners will receive complimentary admission to the Annual Awards Dinner and a one-night stay at the hotel.

The deadline for nominations is February 13, 2015. Please submit your nominations online. In order for your nomination to be accepted, please follow the directions carefully and provide supporting documents.

 

Member News

With heavy hearts, the Canton IMA wishes condolences to Mary Ann Sponseller and her family. Her mother, Caroline Conrad Spragg, passed away December 14.

IMA News:
IMA Appointed to International
Integrated Reporting Council

Integrated Reporting Needs U.S. Strategy,
Says Leading Management Accounting Association

IMA® (Institute of Management Accountants), one of the largest and most respected associations focused exclusively on the advancement of the management accounting profession, has been named a full voting member of the International Integrated Reporting Council (IIRC). IMA, a global thought leader on the topic of integrated reporting (IR), is one of only three U.S.-based associations to achieve this honor.

IIRC is a global coalition of regulators, investors, companies, standards setters, representatives of the accounting profession and non-governmental organizations that share a common goal of realizing the benefits of integrated strategic thinking, improving external disclosures and enhancing the value of corporate reporting. IR assimilates financial and nonfinancial information to inform stakeholders about an organization’s short- and long-term value-creation capacity and capability. IIRC released its International Integrated Reporting Framework in December 2013.

“IIRC has succeeded in creating a call to action to transform corporate reporting and produce more effective external disclosures, which are currently too short term, complicated, voluminous and financially focused,” said Jeff Thomson, CMA, CAE, IMA president and CEO. “That said, each market is different. IMA believes that the U.S. approach needs to be aggressive, but it must also consider the current reality of disclosure overload as well as the potential for litigation and reputation risk. More research is required to truly understand the needs of investors, analysts and data intermediaries, and IMA is prepared to be at the forefront of that thought leadership.”

Thomson will initially represent IMA on the Council. He previously authored a comment letter in response to IIRC’s Framework Consultation Draft in 2013.

 

IMA Learning Spotlight:
Thoughts on Education

How do business professionals keep up with the changing demands of the industry?

IMA President and CEO Jeff Thomson knows how to stay current in the ever-changing business environment: “Today’s business culture demands the highest standards in ethical and professional skills. To keep these skills current, professionals should participate in continuing education and training courses. IMA offers many ways to develop your skills and keep you updated on the latest accounting topics. The key to success is to never stop learning.”

In addition to local technical sessions and online webinars, IMA offers its members numerous opportunities to continue learning. A key component is its partnership with Wiley with preparation for the CMA exam - both online suites and instructor-led courses. IMA also offers subscriptions to online courses focusing on accounting best practices, ethics, international finance reporting standards, hot topics, and more. Click here for the full list

 

Webinar Schedule

Summer doesn’t have to mean the end of easy and convenient CPE credits. Check out these offerings from www.IMAnet.org:

Inside Talk
No January Webinar
1:00-2:00 pm EDT
Leadership Academy: Register

No January Webinar
Wednesday, January 2015
1:00–2:00 pm EDT
Inside Talk: Register

You will earn CMA and CPE credits when you attend any live webinar. Replay webinars are available in the archive but do not earn credits. Advance registration is recommended—IMA webinars are popular and fill up quickly.

Mark Your Calendar:
Join Us at IMA Technical Sessions

2014-2015 tech sessions will occur as follows, alternating between Skyland Pines and McCall’s, with hour long sessions beginning at 5:00 and 7:00 and dinner in between.

Skyland Pines
3550 Columbus Rd NE
Canton, OH 44705

• January 20th (Skyland)

• March 17th (Skyland)

• May 19th (Skyland) - Family Day

McCall’s
130 Faircrest St SW
Canton, OH 44706

• February 17th (McCall’s) - Election

• April 21st (McCall’s)

Cost for dinner is $28 regardless of the location. Please look for invite emails with registration information prior to each meeting.

Schedule:

• Social/Networking at 4:45 pm

• Pre-Dinner Technical Session at 5:00

• Dinner at 6:00 pm

• Post-Dinner Technical Session at 7:00 pm

More info: http://canton.imanet.org

 


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info@cantonima.org


The mission of the Institute of Management Accountants (IMA) is to provide a forum for research, practice development, education, knowledge sharing, and the advocacy of the highest ethical and best business practices in management accounting and finance. Please join us as we promote this mission in the greater Canton, Ohio, area.


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