STARK RAVINGS
The Newsletter of the IMA Canton Chapter

October 2014

 http://canton.imanet.org

Jesse Allison, President
Travis Young, Editor

In this issue:

This Month's Technical Sessions

Chapter Spotlight

Volunteer at the Foodbank

Cleveland East Student Night

IMA Student Conference

Finding Truth in Fiction

Webinar Schedule

Technical Session Venue Rotation

 

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.

 


 

Only accountants can save the world - through peace, goodwill and reconciliations."

- the alternative accountant

Please join Us!

October 21, 2014
 > 5:00 - 8:00 pm > Skyland Pines, 3550 Columbus Rd NE, Canton, OH 44705
     Reservation Deadline: Wednesday, October 15th

Pre-Dinner Technical Session (5:00 - 6:00 pm)

Akron-Canton Regional Foodbank:
we are the difference between hunger and hope
Presented by Leslie Letner

After-Dinner Technical Session (7:00 - 8:00 pm)

Future CPA Topics
Presented by Michael Elliott

click here for more information about the speakers

click here to register

October 29, 2014
 > 5:30 - 8:00 pm > The J. M. Smucker Company, 1 Strawberry Lane Orrville, OH 44667

     Reservation Deadline: Wednesday, October 22nd

Pre-Dinner Technical Session:

Enhancing Shareholder Value
Presented by Tucker Marshall, VP Financial Planning & Analysis

After-Dinner Technical Session:

Return on Invested Capital
Presented by Tucker Marshall, VP Financial Planning & Analysis

 

click here for more information about the speaker

click here to register

Chapter Spotlight

Members of the Year

Congratulations to Pat Sparks and Dick Courtney for receiving the Owen E. Riley Member of the Year award for the 2014-2015 chapter year.

Scholarship Recipients

Congratulations are also due to Joyce Badertscher( Ashland University) and John Cline (Ashland University) for being selected as this year’s recipients of the CMA Scholarship.

CMA Designation

We’d also like to recognize the following for achieving their CMA designations:

Andrew Knapp - September 2013

Jose Franco - August 2014

Alison Pritchard - August 2014

 

Volunteer at the Foodbank!

Help IMA give back to the community by joining us at the Akron-Canton Regional Foodbank Saturday, November 1st from 9:30am – 12:30pm.

If interested please RSVP to Kris Parsons (kparsons@ashland,.edu) and also fill out a volunteer form at the following link:  http://tinyurl.com/nvbzwv8.

Friends and family are encouraged, but each must also fill out the volunteer form. Children at least 10 years of age are welcome.

The Akron-Canton Regional Foodbank is located at 350 Opportunity Parkway, Akron, OH 44307.

 

Cleveland East
Student Night

Join us for a fun packed evening at Whirly Ball and have the opportunity to network with accounting professionals from the Cleveland East Chapter of IMA on Tuesday, October 21st at 6:00 PM. It will be held at  Whirlyball - 5055 Richmond Rd, Bedford Heights. more info

 

2014 IMA Student Conference

This year’s student conference will be November 6-8 in Indianapolis. For more information, as well as to register, visit www.imastudentconference.org.

 

From Chris Holmes, CPA, CMA:
Finding Truth in Fiction

“All Work is creative work if done by a thinking mind…” - Ayn Rand

I went down through my self-proposed list of topics for this article in hopes of finding something that would nicely complement the professional landscape of accounting. I sifted through ideas in economics, data management, organization development and “millennials” in the workplace. These topics are important and interesting but I don’t feel that discussing any of them would provide that much extra insight. This is an all too common problem in the media and even in professional literature. How many articles have you read that are either common sense or highly derivative of another work? Sure, there are some gems out there but I bet that you’ve become pretty accustomed to picking them out quickly and efficiently.

I’m not here to tell you to stop reading. I actually want to advocate that you read more and that you read better. Here’s the interesting part. When I think about the pieces that have had the largest impact on my person and my career I don’t tend to think of the whitepaper articles or the assorted continuing education material. These things have their place but your trajectory as a human being is not set by the stacks upon stacks of professional periodicals that you get in your mailbox every month. I have often found, quite surprisingly, that works of fiction make the biggest impact on how I think and act. I could understand any inclination to stop reading this article right now if you are a concrete thinker. I will admit that I tend to look at things in much the same light. That is primarily the reason that I value fiction and the challenge that it presents for me to look at things differently.

Those in the accounting and finance field often have a slight aversion to things that aren’t “real” in the context of their lives or jobs. The fact that we are all human beings that are striving to do the right thing is sometimes lost in the routine of managing our jobs, families, friends and personal lives. The need to be objective and rule-oriented often suffocates the more humanistic and creative ideas that we might have. I urge you to consider the last time that you really let go of all that structure and thought about things a bit differently. I have found that fiction is an avenue that allows me to easily accomplish this goal and when I do so with an open mind then I often notice that I can generalize those literary concepts back to my life and use them to drive results and relationships.

I recently had the pleasure of reading Orson Scott Card’s Speaker for the Dead. It is the sequel to the popular Ender’s Game that recently made a debut in the form of a big screen movie. The book is set in a science fiction setting but if you ignore the spaceships then you’ll find that the book is largely a social piece. It focuses extensively on the moral decisions that the characters make and the implications that they have. The book goes so far as to convey some interesting themes around the evaluation of a person’s actions versus a person’s intent and how those ideas can play into negotiations. It attempts to address the concept of what constitutes “humanity” and what does not. It is, if nothing else, very interesting.

Speaker for the Dead could be considered an “easy read” by some. If you are looking for a little more depth then consider Ayn Rand’s Atlas Shrugged. Rand was a philosopher that used literature to convey the essence of her ideas. You’ll probably only agree with everything in the book if you are on the far, far right of the political spectrum but you will see the world differently no matter where you ultimately land on that scale. Rand, like so many authors, presents a lens for you to view her world. The long term subscription to her ideas is ultimately up to you. The book has a heavy slant on the social structure of work, the economy and the use of logic. I think most accountants will enjoy it.

I’ve listed just a couple of books that I’ve found impactful to myself. The themes are not always as outright as they are in these books. Sometimes you have to be a little more perceptive to find the “ideals” of the author. Rest assured that each author has something interesting to tell you that might not be written in the literal words. I hope that you will find my words encouraging and perhaps set out to read something that might be a bit outside of your usual repertoire. All of our work is a decidedly human initiative, after all. It takes insight and creativity to deal with the problems and the people that we face on a day to day basis. It is a gross misrepresentation to say that the work of an accountant or finance professional cannot be creative.

Webinar Schedule

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

Sales Tax: Why Do-It-Yourself Doesn't Work
Wednesday, October 8, 2014
1:00–2:00 pm EDT
Inside Talk: Register

Facilitation Skills
Tuesday, October 21, 2014
1:00-2:00 pm EDT
Leadership Academy: 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:
Technical Session Venue Rotation

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

• October 21st (Skyland)

• March 17th (Skyland)

• January 20th (Skyland)

• May 19th (Skyland) - Family Day

McCall’s
130 Faircrest St SW
Canton, OH 44706

• November 18th (McCall’s)

• December 9th (McCall’s)

• February 17th (McCall’s) - Election

• April 21st (McCall’s)

Cost 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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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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