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Page 1 ASMC Promoting education, training, and professional development in financial management Aloha Chapter APR ISSUE VOLUME 1 2014 Na Leo o Ka Luna Kālā “The Voice of the Comptrollers” Inside this Issue: PRESIDENT’S MESSAGE…………………. 1 ASMC NATIONAL NEWS………………….. 2 UPCOMING EVENTS……………………….. 2 TRAINING NEWS & OPPORTUNITIES… 3 SCHOLARSHIP PROGRAM……………….. 4 MEMBERS IN FOCUS………….……………. 5 - 7 President’s Message How are you spending your time? I remember hearing a podcast a few years back from the John Maxwell Company talking about time and how we spend. There were some key learning points in that presentation just a relevant today as they were when I first heard them. The first is that we need to remember that time is an equal opportunity employer. No one gets more than 60 minutes in an hour or 24 hours in a day regardless of how skilled or talented you are. The challenge then is not a shortage of time, but a lack of direction on how to use the time we have wisely. When you look at your day are you engaged in activities that further your goals and purpose in life or are you focused on time wasters or other activities that squander the precious time you do have? To keep ourselves focused we need to make sure we even have a plan or goals in our life that we are reaching towards. Once we have those goals written down we can them align how we spend our time to accomplish value added activities in our life. How are you going to use your time wisely over the next month to ensure you are providing the most effective financial management support to your boss? What areas of your day can you trim out or reduce to free up more time for the things that are important in your goals as a financial manager? Take some time to think about this area and find ways you can take better use of the same 24 hours in the day that everyone else has! President’s Leadership Quote: “Leaders are dealers in hope” Dr. John C. Maxwell
Transcript

Page 1

ASMC

Promoting education, training, and professional development in financial management

Aloha Chapter

APR ISSUE VOLUME 1 2014

Na Leo o Ka Luna Kālā “The Voice of the Comptrollers”

Inside this Issue:

PRESIDENT’S MESSAGE…………………. 1

ASMC NATIONAL NEWS………………….. 2

UPCOMING EVENTS……………………….. 2

TRAINING NEWS & OPPORTUNITIES… 3

SCHOLARSHIP PROGRAM……………….. 4

MEMBERS IN FOCUS………….……………. 5 - 7

President’s Message

How are you spending your time?

I remember hearing a podcast a few years back from the John Maxwell Company talking about time and how we spend. There were some key learning points in that presentation just a relevant today as they were when I first heard them. The first is that we need to remember that time is an equal opportunity employer. No one gets more than 60 minutes in an hour or 24 hours in a day regardless of how skilled or talented you are. The challenge then is not a shortage of time, but a lack of direction on how to use the time we have wisely. When you look at your day are you engaged in activities that further your goals and purpose in life or are you focused on time wasters or other activities that squander the precious time you do have? To keep ourselves focused we need to make sure we even have a plan or goals in our life that we are reaching towards. Once we have those goals written down we can them align how we spend our time to accomplish value added activities in our life. How are you going to use your time wisely over the next month to ensure you are providing the most effective financial management support to your boss? What areas of your day can you trim out or reduce to free up more time for the things that are important in your goals as a financial manager? Take some time to think about this area and find ways you can take better use of the same 24 hours in the day that everyone else has!

President’s Leadership Quote: “Leaders

are dealers in hope” Dr. John C. Maxwell

Page 2

ASMC NATIONAL NEWS:

Hagel warns a return to sequestration cuts would increase security risks

Tuesday, March 18th, 2014

The U.S. military will be forced to make decisions that increase security risks if sequestration cuts were required again in FY2016 and beyond, according to Secretary of Defense Chuck Hagel.

Testifying last week on the FY2015 budget request before the House Appropriations Defense Subcommittee (HAC-D), Hagel repeated warnings he has made since the FY2015 budget was submitted two weeks ago. “As I’ve made clear, the scale and timeline of continued sequestration-level cuts would require greater reductions in the military’s size, reach, and margin of technological superiority,” he said.

The Bipartisan Budget Act of 2013, passed by Congress in December, set the total federal funding level for discretionary spending for FY2014 and FY2015. The Act provided about $65 billion in sequester relief over these two years, evenly divided between defense and nondefense programs. As a result no additional sequestration cuts will be necessary in FY2014 and none will be made in FY2015.

However, unless congress takes action in FY2016 to either replace sequestration cuts with a new budget deal or at least mitigate the effects of those cuts, DoD and other federal agencies will be required to implement deep cuts.

Hagel told the HAC-D that such cuts would force the Army to reduce its active force to 420,000 by 2019 rather than to 440,000 to 450,000 specified in the FY2015-19 budget plan. The Army Guard and Reserve forces would have to decline to 315,000 and 185,000, respectively, rather than the 335,000 and 195,000 levels currently planned. The Marine Corps would have to draw down to 175,000 rather than the 182,000 in the budget plan. Hagel emphasized that these additional troop strength cuts were the minimum that could be required under sequestration.

In addition to more troop strength cuts, Hagel listed a number of modernization programs in the FY2015-19 budget plan that would be affected if Congress re-imposed sequestration cuts. The Navy would have to retire the U.S.S. George Washington and its carrier air wing, lay up six more ships, and defer buying one submarine. The Navy would also be forced to buy two less F-35Cs and three fewer DDG-51 destroyers in the FY2015-19 period, he said.

The Air Force would be forced to retire 80 aircraft, including the KC-10 tanker fleet and the Global Hawk Block 40 fleet, Hagel said. The Air Force would also buy 15 fewer F-35As through FY2019.

Hagel stressed that the potential cuts from sequestration would also affect readiness and research and development (R&D) funding. The Air Force could sustain 10 less Predator and Raptor combat air patrols and would have to make severe cuts to flying hours. Total DoD operations and maintenance (O&M) would grow only two percent under sequestration, rather than the three percent included in the budget plan. Total R&D funding would decline by 1.3 percent, rather than increasing by 1.6 percent as proposed in the plan. Further recovery in funding construction and repairs at military facilities would be limited, Hagel said.

Secretary Hagel emphasized that the proposed FY2015-19 budget plan would enable DoD to manage the increased risks caused by reduced funding levels. However, he warned, “under a return to sequestration spending levels, risks would grow significantly, particularly if our military is required to respond to multiple major contingencies at the same time.”

UPCOMING EVENTS

MAY ASMC LUNCHEON DATE: 21 MAY 2014 TIME: 1100 – 1300 LOCATION: CLUB 14 EVENT: SCHOLARSHIP AWARD

PRESENTATIONS

ALOHA CHAPTER RPDI TRAINING CONFERENCE

DATE: 14 APRIL 2014 TIME: 0830 – 1630 LOCATION: MAKAI

RECREATION CTR, JBPHH COSTS: $25 ASMC MEMBER $35 GUEST ON-LINE REGISTRATION:

ASMC Aloha Chapter

Regional PDI ENDS APRIL 9, 2014 IF YOU’D LIKE TO VOLUNTEER

YOUR TIME AT THE EVENT OR

HAVE QUESTIONS REGARDING

THE EVENT, CONTACT YOUR

SERVICE VPS, MSGT GEORGE

MCEACHERN, OR MS. REGINA

TOROSIAN. SEE YOU THERE!

Visit the Aloha Chapter Website at

http://chapters.asmconline.org/aloha

LIKE US ON FACEBOOK!

www.facebook.com/asmcaloha

Page 3

Stay tuned for information concerning the planning and preparation for the ASMC National 2014 PDI, scheduled for May 26 – 30 in Seattle, Washington.

Special thanks to Ron Lloyd our ASMC 2014 PDI Chair, as well as to Shirley Towne and Laura Sandy, PDI Co-Vice Chairs, and also to Libby Long, here on the national staff, for the progress we are making in preparing for the PDI. Regarding the content of the 2014 PDI, we are working toward structuring the workshops toward mini-courses (back-to-back workshops) with learning objectives a course syllabus, etc. to enable DoD participants to obtain both CPEs, as well as credit toward meeting DoD FM Certification Program requirements.

National Professional Development Institute (PDI) is a premier training

event for resource managers in the Department of Defense and US Coast Guard. Each year, more than 3300 attendees converge for a four day event, which includes a full day of service activities, seven general sessions, more than seventy workshops, and many special events.

Program Objective

DOD Event Approval

Future PDIs

Proper Attire

Funding of Active Duty and Civilian Personnel to Attend

Purchase Virtual PDI 2012

View Virtual PDI 2012

The Professional Development Institute The PDI program objective is to enhance skills and abilities that personnel in the financial and resource management community must possess to meet the challenges of working in the 21st century. The PDI focus is on education and training, with more than 20 hours of educational sessions and speakers, and the ability to earn up to 26 CPE. These sessions will provide updates to emerging issues and help you transform today for tomorrow’s success. Explore trends, develop tactics to tackle your organization’s challenges, learn how to master the impossible, and create new ways to think about the future.

PDI Workshop Planning The Department does not provide blanket approval or endorsement for attendance

by DoD employees at training events. Individual DoD component commands or

organizations are responsible for approving attendance of its DoD employees based

on mission requirements and consistency with law, regulation and policy.

Future PDIs

The PDI is held the week of Memorial Day each year.

2014 – Seattle, Washington

2015 – New Orleans, Louisiana

2016 – Orlando, Florida

2017 – San Diego, California

Training News and Opportunities: Aloha Chapter Regional

Professional Development

Institute Event – 14 April:

Location: Makai Recreation

Center, Joint Base Pearl Harbor

Hickam

Cost:

ASMC Members $25

Guests $35

~Includes lunch & refreshments

Sessions will include: Comptroller

Roundtable

Fiscal Law/Ethics

FM Certification Program

Organization Culture

Decision Support

Pacific Political Climate

On-line Registration:

ASMC Aloha Chapter Regional

PDI

There are still seats open for the

RPDI. This is a great opportunity

to gain knowledge on financial

management subjects, as well as

earn continuing education credits.

Support your ASMC Aloha

Chapter by signing up today.

Continuing Professional Education (CPE) Certificate Location: To obtain your CPE certificate, visit the following website: http://chapters.asmconline.org/aloha/category/events/ The chapter maintains sign-in sheets for verification of attendance.

ASMC Online Training: The ASMC Online Learning

Center currently offers recorded

sessions from the past two PDIs as

well as access to quarterly ASMC

Journals and a short exam

associated with them. PDI

workshops and the Journal exams

offer Continuing Professional

Education (CPE) credit and a

certificate to validate user

participation.

Page 4

Over the past 10 years, our ASMC Aloha Chapter has awarded over $30,000 in scholarships to deserving high school

students and ASMC members who are continuing their education. The ASMC Scholarship Committee was interested in

finding out if our ASMC Scholarship dollars has made a difference to our community. Through the investigative skills of

our Scholarship Chair’s son, Mitchell Garcia, he googled, searched Facebook and Linked In and used a variety of other

sources to find where our past Scholarship winners are at and how our scholarship has contributed to their success.

SCHOLARSHIP WINNERS, WHERE ARE THEY NOW? By Mitchell Garcia

As our Scholarship Committee Newsletter series continues on finding out the achievements of our past

scholarship winners, our latest recipient had an opportunity to study abroad. Alicia Fung is the 2010 High

School Scholarship winner from Kalani High School.

Alicia just began her senior year at the University of Hawaii at Manoa this year. She has been studying

Civil Engineering with a minor in Business and she hopes to be graduating with Honors. After graduating,

she hopes to work for a few years before returning to school to obtain a graduate degree.

At UH, Alicia is actively involved with and currently an Executive Board Member of the American Society of Civil

Engineers (ASCE) student chapter. She was also Vice-President of the Regents & Presidential Scholars Club in 2012 and has

been involved with other on-campus clubs such as Golden Key International and the Honors Student Organization.

Over the past year, Alicia worked at Rider Levett Bucknall as a Project Management Intern. She left that position this past

summer, right before she went to Lille, France for a summer study abroad program. In France, she studied Renewable Energy

and Project Management (with a focus on sustainability) at the Lille Catholic University.

When asked what her biggest challenge to adjusting to college life, she shared with us: “My biggest challenge in

adjusting to college life was probably just trying to settle into a much larger world after high school. College is a time to

truly learn and grow as an individual and find yourself. The thing I have been having difficulty with is finding that identity of

mine. I'm still in the process of learning and trying to figure out what I want my future to be like. Although there are

advisors and other campus resources you can use to help plan things out, all decisions ultimately come down to the

individual.”

She sends the following message to our ASMC members: “I still have much more to learn and experience in the future,

but I am still grateful for the scholarship I received a few years ago! Aside from providing financial relief, it has encouraged

me to try my best and reach out for any and all opportunities to better myself.”

Alicia is on a path to a promising future! Good luck as she continues to learn and experience!

ASMC Scholarship Award Program

Page 5

Aloha Chapter Members in

ALOHA! To Our New Members

Jarvis R. Baker Camisha Maria Hill Eren Mcbride

Jonathan Robert Bunz Donna Yoko Ozaki Hunt Allan T. Nakasone

Russell O. Carr Christopher G. Jeffreys S. Lincoln Puffer,II

Matthew Tyler Cowsert Jessica Lorelise Johnson Cameron Ryals

Stephen Denny Christopher Lee Keith E. Stewart

Marianne Ogle Dreon Evette K. Lee Jeremy J. Trescott

Mendi Graham Sharon Long Micheal Christipher Wade

James William Hawkins, III Edgar Lopez Deborah F. Yee

Focus

Joining the ASMC is an investment in yourself, your professional development and your career. As an ASMC member, you become connected to a global community of defense resource management personnel. Regardless of where you are in your career, your ASMC membership offers many paths and opportunities to learn from and interact with your colleagues in ways that will help you meet your professional goals. With your membership, you:

1. Gain insight to information on current trends and development in the financial management of the Department of Defense and U.S. Coast Guard.

2. Receive a subscription to the Armed Forces Comptroller, the quarterly professional journal of the ASMC, and the ASMC Connection, the monthly e-newsletter. These publications, as well as the ASMC website, contain articles, organizational news and updates on current trends and developments within the financial management community and the ASMC.

3. Receive discounts for registration at the national Professional Development Institute, a three day educational event that provides valuable CPE and networking opportunitites.

4. Have access to online educational opportunities, where members can participate at their own pace, start and stop sessions, and download presentations.

5. Join in one of the more than 140 chapters worldwide. Chapter benefits could include monthly luncheons, local education activities, chapter publications, philanthropic endeavors and more.

6. Receive discounts on enrollment and renewal in the Certified Defense Financial Manager (CDFM) Program, which is one of the key certifications identified by the DoD for financial managers.

7. Have the opportunity to participate in the National Awards Program. This program includes achievement awards, an essay contest, corporate member award, members' continuing education grants, high school scholarships and many chapter program awards.

8. Gain access to the CPE management tool, which allows members to manage, track and record their continuing education experience.

9. Have an opportunity to demonstrate leadership as a chapter officer or committee member. 10. Network with military comptrollers/financial managers and other business organization interested in military comptrollership.

Being a member of ASMC will…

Page 6

Ronald B. Ahn Valerie A. Jaictin John Bell S. Ramos CDFM-A

Gal Keiko Amimoto Shana K. Kamauoha Marisa Rhode Todd M. Anderson

Judith Lailau Aptaker Lisa Caroline Kempker Larry G. Rice Jr. Karl Matthew Anforth

Colleen A. Aquino Valerie Kidani Jose Cardenas Romero Karen Sue Baker

Jemilyn B. Arnaldo Sharon M.S. Kishaba Janine Ruiz Carolyn M. Bethel

Kevin J. Banuilos Russell L. Kitrick Madine (Hyun Chong) Sadaoka Kenton L. Bradford

Monica Barden Naomi Y. Kodama Noriko C. Salangdron Melissa D. Cote

Catherine Beckwith Michael Dennis Krisman Kelly E Sedlacek Gloria Goce Dabu

Sidney Braddy Wendy WH Kwong Larissa Seneres Jill C. Geronimo

Raymond J. Brooks II Bridget Denise LaPierre Colleen C. Seui Brook E. Hess

Mike Brown Cleopatra Lawson Theresa L. Sheppard Claudia Fumie Higashi

Dante Afaga Cacal Valerie M. Lee Debra T Shigemura Albert W.T Hu

Rosalinda M Canlas Song Suk O Lee Lynn S Shimabukuro Gregory Colin Jones

David W. Chun Colbert K.H Low Mimi Mineko Shiroma Oben Marcus Jones

Jason Lee Coleman Desmund D.W. Lum Susan M Steeger Erich F. Klein

Ian Donald Colte Florecris Gaoiran Magana Karl Joseph Stoetzer Bobbi Jean Lalley

Marianne Curry Edmund A. Manzano Melanie Streifel Krista Z. Mangiliman

Cristina C Deleon David A. Marquez Janet Mayumi Sugimoto Thomas Marszalek

Irene J. DeVirgilio John W. Matthews III James A. Suster Nessie P. Martin

Resurreccion A Escasa Judith M. Maurer Laurie K. Takase Melissa Mariko Masuda-Wong

Maricon Escoto Jarrod Mcgee Richard Louis Tate Miriam S. Mefford

Amanda Beth Evans Shanon Meeks Patricia Marie Tharp-Duenas Dennis Nagle

Michele Y. Fackrell Laurie A. Minami Emilie Ting David Randall Petray

Ligaya C. Failma Karen S. Morinaga Andy Ignacio Trillo Teresa A. Pleinis

Michael Fernandez Geoffery Mosley Libertad Asinas Trinidad Kathleen Russell Kotsakis

Dennis Fitzgerald Scott Mras Debbie M. Uyeno Gaye I Sakai

Stephani K Fortin Dustin P. Mullins Jose Luis Vargas Grant T. Schroeder

Keith A. Fry Johnny C. Naputi Linda G Warrick Colleen T. Shimabukuro

Gordon Satoru Fukumoto Kevin A. Nekomoto Dara Noelani Watanabe Kristy EK Shitaoka

Mary A. Furtado Ho Yong Oertwig Jeremy Don Williams William R. Sims Jr.

Mary C. Garcia James U. Okeke Apollo Wali Williams Marissa Aimi Sorensen

Robert Charles Garrett Lance Y Okihara Frank A. Winczner Frederick A. Springer

Rachel K Goya Kelly A. Padden Tara E. Wirsing Tiffany M.S Uchimura

Gary Lee Green Jr. Kevin Brian Patrick Christopher Wodarz Linda A. Vanblaricom

Kimberly L Hanashiro Michael Paul Julie Audra Yerkes Allen Scott Wellman

Niles S. Hanashiro Merle R. Perez Doreen Y. Yoneda Michael D. Witsman

Grace M. Hawkins Jayme E Peterson Keane Yorita Betty Young

William Jason Hill Raymond L. Potts Mark T. Yoshimura Jeanie Young

Cindy T Ishii Timothy E. Prince Mary Zadlo Dana Jacobs Patricia E. Provines Jan-Hendrik Christian Zurlippe

Page 7

Aloha Chapter Information: The Aloha Chapter of the American Society of Military Comptrollers is a professional organization dedicated to maintaining and improving the high standards of Comptrollership. Emphasis is placed on education, training as well as the exchange of ideas and techniques for resolving common issues of the Services - Department of Defense and Coast Guard. The Aloha Chapter was established in 1977. Current membership is approximately 400 civilian and military personnel, who specialize in all aspects of Financial Management. We are located on the island of Oahu in the State of Hawaii. For further information on how to join, contact any of the Team Service VPs listed. Visit us at:

http://chapters.asmconline.org/aloha Mission: Promote education, training, and professional development in financial management while fostering the spirit of inter-service fellowship and cooperation. Vision: Maintain 5 Star status and achieve “Distinguished Chapter” competition award.

Values: Integrity; Excellence; Commitment

All contents copyright © ASMC Aloha Chapter 2014.

ASMC Aloha Chapter

PO Box 29564

Honolulu, HI 96820


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