Kapitol Dome newsletter                    June 2015                        

 

Presidents’ Dinner

Wednesday June 17, 2015, 6-8:15 pm

Rosslyn Holiday Inn

1900 Fort Myer Drive

Arlington, VA  22209 

Metro: 1 block downhill from Rosslyn orange/blue line

Parking is Free (in lot or garage)

 

Accounting and Auditing Update - News you can use! (1 CPE)
 

Speaker:  Kathleen Sobieralski, CPA, Assistant Chair, Undergraduate Accounting, University of Maryland University College

 

Kathleen earned her Master’s in Accountancy from the University of Notre Dame and her MBA from Indiana University South Bend. She was a member of the doctoral program in Higher Education Leadership at Indiana State University.  Following a 30 year accounting career for manufacturing, distribution, not for profit and higher education organizations she became a full time academic.  Her goal:  encourage others!

 

Agenda:

  • 6 p.m. Registration
  • 6:30 p.m. Dinner

Menu:

Salmon with herb butter sauce, Potatoes, Spinach Salad, Mixed Vegetable Medley, Rolls and Butter, Pecan Pie

Coffee, Decaf, and Iced Tea

  • 7 p.m. Program
  • 8:15 p.m. Adjourn

*** a brief board meeting after the adjournment

 

Price:

  • $30 for IMA members and guests
  • $20 for students
  • $35  late RSVP / pay at the door

Click to Reserve

 

Already reserved, just need to pay?

 

 

Competency Crisis: Is the Skills Gap Real?

  • More than 50% of finance executives cannot find qualified staff
  • About 75% of accountants work inside organizations rather than in tax or audit positions
  • ​To succeed in business, accounting and finance professionals need skills in analytical thought, problem solving, business strategy, leadership and communication

​IMA recently posted the first Bad Assets digital debate on its Competency Crisis website.  Ben Mulling, CMA, CPA, CITP, IMA Chair-Elect, served as host—with debaters David DeLong, president of Smart Workforce Strategies, and Lorraine Moore, president of Accelerate Success. DeLong referenced and linked the Competency Crisis in a recent Harvard Business Review article, “When Learning at Work Becomes Overwhelming.”

 

Find out about this crisis, the debate, and what you can do to solve the problem for yourself and the profession!

 

 

 

2015 IMA Case Writing Competition is Coming!

 

IMA will be soliciting submissions for a case writing competition. Cases in any area of management accounting or related fields are invited. 

 

Cash prizes for the winning cases will be: 

  • $2,000 for first place
  • $1,000 for second place  
  • $500 for third place

Click here for submission guidelines. The deadline for submissions is July 11, 2015.

 

Congratulations to Our Newest CMAs!

 

Peter Pessina and Admasu Beyene

 

Fun Fact:  We have 249 CMAs in our chapter, that's almost 40% of our members.

 

CMA:  Explain the value of the certification to others!

 

The CMA is very attainable.  

Peter and Admasu did it, and so can you!

Our chapter promotes preparation and success.  Links for our CMA Program are presented below.

CPAschool.com       CMAschool.com

CMA SCHOOL OF WASHINGTON

CMA2 Classes Begin July 2 - ENROLL NOW!

The CMA (Certified Management Accountant) is the leading professional designation in the fields of Management Accounting and Finance. Our mission is to help you become a Certified Management Accountant.  You can take our program live in the convenience of your home or office. We provide you with lots, tons, scads of other learning materials.

 

USE THESE LINKS TO FIND OUT MORE ABOUT:

    SCHEDULE FOR LIVE CMA INTERNET CLASSES

    All classes Tuesday and Thursday from 7 to 9 PM New York time in the convenience of your home or office.

     

    • Financial Decision Making (CMA2) - 16 sessions on bonds, stocks, derivatives, capital budgeting and GETTING RICH. Plan ahead classes starting July 2. Testing: September or October.

     

    CAUTION. Be careful of the "next year" syndrome. We have had long experience with people who are going to take the CMA and/or CPA but they aren't going to take them now but maybe next year and they have been planning to do so for many years. "Next year" doesn't mean next year, it means thirty years from now.

     

    If you completed your college program more than five years ago and are not yet certified, we urge you to enroll NOW and we will send you books and materials so you can do some advanced study in preparation for the forthcoming class.

    ENROLLMENT

    It's easy to enroll over the internet. Just click this link to go to the enrollment form.

    • You can fax your enrollment form to us at 703-CPE-5745.
    • You can enroll over the phone by calling us at 703-273-5745. Please have your credit card ready.
    • You can mail your enrollment to us at CMA School, 3819 Lee Street 2nd floor, Fairfax, VA 22030.

    Do not put your career on hold. Enroll now.

     

    Enter "NCC or Nation's Capital Chapter" on the enrollment form for a $100 discount.

     

    UPCOMING EVENTS IN JUNE

     

    • June 17, 6-8:15 pm NCC President's Dinner, Rosslyn, VA (see details above)
    • June 20-24 IMA's Annual Conference & Exposition, Los Angeles, CA (see http://www.imaconference.org/ for more details)

     

    IMA Inside Talk Webinars (free to IMA members)

     

    • June 3, 1-2 pm Transforming Spreadsheets: Smarter Planning, Budgeting, and Forecasting Best Practices 

    • June 10, 1-2 pm Enabling the CFO Agenda Through Emerging Technologies 

    • June 17, 7-8 am From Knowledge to Competence: New Perspectives for Talent Management in Controlling 

    Go to http://www.imanet.org/programs-events/ima-webinars/inside-talk to register.

     

    IMA Leadership Academy Webinars (free to IMA members)

     

    • June 16, 1-2 pm Male/Female Communication 

    Go to http://www.imanet.org/programs-events/ima-webinars/leadership-academy-webinars to register.

     

     

    Save the Date!

    • July 14, 8-9:30 am NCC Government Contracting Breakfast: Sam Davidson, Gov Con Consulting 2013, LLP “Labor Recording Compliance and Internal Control”

     

    Are you looking for your next career opportunity?

     

    IMA has a free online job listing to help you with that!  Go to http://jobs.imanet.org/jobseeker/search/results/ and filter the results by State (you can select multiple states by holding down the CTRL button on your keyboard as you select the State name).

     

    Here is one of the most recent listings for our area:

     

    Job ID: 24006113
    Position Title: Senior Accountant
    Company Name: ComEd, an Exelon Company
    Location(s): Baltimore, Maryland, 21201, United States  
    Posted: May 30, 2015
    Job Function: Other
    Entry Level: No

     

    Apply URL:http://oneclick.jobtarget.com/link.cfm?c=0wSeTLyX8...

     

     

    Welcome to Our Newest Members!

     

         Arlette Kunkada     Anthony Drummond    Joseph Toskey    Sudhir Kumar            Bahram Ossivand    Jesas Adame                Jessica Castle    Cynthia Matlock        Jason Estrada            Chaoqi Liu                    Kathryn Hottel    Erika Chasia

     

     

    IMA Member Milestones - Congratulations!

     

    40 Years: John Gillespie

     

     

     

    We are accepting additional volunteers to serve on our Chapter Board of Directors for Fiscal Year 2015-2016, starting in June 2015.  You must be a current member of IMA and this chapter to serve.  Please contact our Chapter President to volunteer! 

     

    Nation's Capital Chapter | Institute of Management Accountants  

    Serving Management Accountants in the Metro DC area

    Click to visit our Chapter website