Transcript Document
IMA’s 13Th Annual Student Leadership Conference Betty Cossitt Joana Kardys-Stone Kira A. Wirges Aleksandra Szwabo San Antonio, TX IMA Industry Tour – HOLT CAT Peter Holt invented the CAT track system Large CAT distributor & servicer Interesting highlights: Started meeting with emergency procedures Approx. $1 billion in inventory $150 million in A/R Provides about 40% of all financing Created “school” to train mechanics IMA Being the Groundbreaker Bryant Ambelang, Chief Executive Office & President, Nature Sweet Tomatoes Each of us has something to offer Use the “U-Pop Model” The How of what we do is unleashing the power of the People. How is this measured? Individuals that look up Three Solutions of Poverty Philanthropy Government Programs Creating a “Better Way” IMA - Career Tracks Converging on Management Accounting Presenters: Amanda Mathis, MBA, CPA Director –Accounting, Michaels Stores Inc. Benjamin Mulling, CMA, CPA CITP Tente Casters, Inc. Jeremy Vryhof, CMA Senior Analyst, Financing Training and Development, Stryker Corporation IMA - Career Tracks Converging on Management Volunteering, Internship & Job Team work – very important Find your Niche of what you can be an expert in Not everyone will have the same passion IMA - Career Tracks Converging on Management Key of Success Never Stop Learning Know your Niche Become available for opportunities Communication is Key Social Networking IMA – Finding a Mentor C.S. “Bud” Kulesza, CMA, CFM, Dean Emeritus, IMA Leadership Academy Leadership: Helping Others to Succeed, IMA – Finding a Mentor Mentoring Process The mentee learns from the mentor then tries to equal or surpass the performance of the mentor. The mentor advises, trains, and educates then lets go. The mentor works in a variety of different modes nurturing, supporting, protecting, asserting, risk taking. A strong bond always develops so maintain contact but maybe not as mentor/mentee. IMA- Leading from Any Seat Jeffrey Q. Jardine, CMA, CPA, PMP, Manager Enterprise risk Services, Deloitte & Touche LLP How to Overcome Generation Y = Y Bother Entitlement Create Era of Collective Leadership Get things done and do them well Focus on Management Vision Be Kind IMA – Planning, Budgeting and forecasting: A Primer Charles E. Davis, Ph.D., CPA, Professor of Accounting, Baylor University Prediction is very difficult, especially if it’s about the future Financial Planning is not just Accounting Why to Forecast Competitor Actions Variance from Current Forecast New Product New Market Changing commodity prices IMA – Planning, Budgeting and forecasting: A Primer What to remember about: Understand the BIG picture Understand the seasonality of the business The budget must reflect operational reality Maintain a rolling forecast IMA – Ethics 101: What You Need to Know Steven a. Martin, J.D., CPA Owner, Steve Martin’s MDS CPA Review and professor, Capital University What is Ethics? Ethic’s is the study of “Morals” All of law is Morality, depends on what we legislate Study of the “good Life Immanuel Kart = Duties & Responsibilities to one another Protect the People IMA – Ethics 101: What You Need to Know An Accountant Shall maintain integrity and objectivity Shall not knowingly misrepresent facts Shall be free of conflicts of interest Shall not subordinate to others any professional judgment IMA – Becoming a Game Changer! Mike Lejeune, CPC, CTS, CERS President, Steverson & Company Game Changer Productive Independent Contributes Accomplishment IMA: Introduction to Lean Six Sigma Six Sigma is a disciplined, data-driven approach and methodology for eliminating defects (driving toward six standard deviations between the mean and the nearest specification limit) in any process Three Things to Remember Use the 5 Why’s to define root cause and solution Domino effect Success is not Logical, Innovate Logical is what everybody else is doing Flow, Lean is creating a flow IMA: CMA Survivor CMA Survivor Lisa Beaudoin, CMA, Director of Educational Partnerships, IMA Kris Parsons, Ph.D., CMA, CFM, Associate Professor Ashland university 75-80% of all accountants in industry vs. public CMA’s earn on average $27,000 more per year Provided specifics about the exam and requirements for taking exam, getting & maintaining CMA IMA: Business Etiquette: the new Rules in a Digital Age Phil Willingham, District President Professional Staffing Services, Robert Half International Messages to Avoid The Rant The Scandal Sheet Marketing Spam Bad news The Time Waster IMA: Career Round Tables Kim Wallin, CPA, CMA CFM, Nevada State Controller Noel Fairbanks, CMA, Plant Controller, Ethicon Lareal Jiles, Business Change Analyst, BP-NAGP NGL Amanda Mathis, CPA, Director-Accounting, Michaels Stores, inc. Jeremy Vryhof, CMA, Senior Analyst, Finance Training and Development, Stryker Corporation Thank you!