Continued on Page 10 ANNUAL MEETING, CPE CONFERENCE SCHEDULED FOR OCTOBER 30-31 October 2013 Official Publication of the Nebraska Society of CPAs Board Retreat . . . The Society’s Board of Directors met on Friday, August 23, 2013, in the Courtyard by Marriott in LaVista for the Board’s Annual Retreat. In the upper picture, current and future Board members at the meeting are: Front Row (L- R): Board nominee Sheila Brugger of York, Treasurer Michelle Thornburg of Omaha, and Board nominee Shari Munro of Omaha. Middle Row (L-R): Immediate Past Chairman Julie Bauman of Falls City, Vaughn Benson of Walthill, Chairman Patrick Lavelle of Omaha and Secretary Jamie Johnson of Lincoln. Back Row (L-R): Chair- man-Elect Dan Wells of Omaha, Patrick Kirlin of Omaha, John Sehi of Norfolk, Tom Meister of Omaha and Richard Gifford of Scottsbluff. In the lower picture, AICPA Board member Tom Hilton (L) of St. Louis, MO discusses professional issues with Society Chairman Lavelle before the Retreat began. Hilton updated the Board on national CPA issues during the Retreat. For more on the Board, see Page 8. Again this year, an out- standing selection of the CPA profession’s national and re- gional speakers will headline the Society’s Annual Meeting and Fall CPE Conference . The 2013 event will mark the Society’s 85 th anniversary as Ne- braska premier professional asso- ciation. The 2013 Annual Meeting and Fall CPE Conference will be held at the Embassy Suites Omaha-LaVista Hotel and Convention Center in LaVista just off Interstate 80 at Exit 442, Giles Road/Harrison Street. The dates of the event will be Oc- tober 30-31, 2013. The Society’s Annual Business Meeting Luncheon will take place during the Conference at noon on October 30. The two-day annual event gives Society members an excellent opportunity to earn up to 16 hours of continuing professional education credit including two credit hours of ethics. As usual, the Fall CPE Confer- ence will feature an impressive agenda of national and regional speakers. Opening the conference at 8:10 a.m. on Wednesday, Octo- ber 30 will be Tommye E. Barie of Mauldin & Jenkins LLC of Braden- ton, FL. She is an AICPA Council and Board of Director’s member. She will present the AICPA’s “Professional Issues Update .” Other outstanding speakers highlighting the 2013 conference are Society member Matthew Otte- mann and Jonathan Grob of McGrath North & Kratz PC LLO of Omaha presenting a “Federal Tax Update” and, Doug Ewald, Ne- braska’s Tax Commissioner, giving a his annual report from the Ne- braska Department of Revenue. Also scheduled to present two breakout sessions on “Controllership Issues” is Arthur Pulis, III, of Wickenburg, AZ, who is
Transcript
Continued on Page 10
ANNUAL MEETING, CPE CONFERENCE SCHEDULED FOR OCTOBER 30-31
October 2013
Official Publication of the Nebraska Society of CPAs
Board Retreat . . . The Society’s Board of Directors met on Friday, August 23, 2013, in the Courtyard by Marriott in LaVista for the Board’s Annual Retreat. In the upper picture, current and future Board members at the meeting are: Front Row (L-R): Board nominee Sheila Brugger of York, Treasurer Michelle Thornburg of Omaha, and Board nominee Shari Munro of Omaha. Middle Row (L-R): Immediate Past Chairman Julie Bauman of Falls City, Vaughn Benson of Walthill, Chairman Patrick Lavelle of Omaha and Secretary Jamie Johnson of Lincoln. Back Row (L-R): Chair-man-Elect Dan Wells of Omaha, Patrick Kirlin of Omaha, John Sehi of Norfolk, Tom Meister of Omaha and Richard Gifford of Scottsbluff. In the lower picture, AICPA Board member Tom Hilton (L) of St. Louis, MO discusses professional issues with Society Chairman Lavelle before the Retreat began. Hilton updated the Board on national CPA issues during the Retreat. For more on the Board, see Page 8.
Again this year, an out-standing selection of the CPA profession’s national and re-gional speakers will headline the Society’s Annual Meeting and Fall CPE Conference. The 2013 event will mark the Society’s 85th anniversary as Ne-braska premier professional asso-ciation. The 2013 Annual Meeting and Fall CPE Conference will be held at the Embassy Suites Omaha-LaVista Hotel and Convention Center in LaVista just off Interstate 80 at Exit 442, Giles Road/Harrison Street. The dates of the event will be Oc-tober 30-31, 2013. The Society’s Annual Business Meeting Luncheon will take place during the Conference at noon on October 30. The two-day annual event gives Society members an excellent opportunity to earn up to 16 hours of continuing professional education credit including two credit hours of ethics. As usual, the Fall CPE Confer-ence will feature an impressive agenda of national and regional speakers. Opening the conference at 8:10 a.m. on Wednesday, Octo-ber 30 will be Tommye E. Barie of Mauldin & Jenkins LLC of Braden-ton, FL. She is an AICPA Council and Board of Director’s member. She will present the AICPA’s “Professional Issues Update.” Other outstanding speakers highlighting the 2013 conference are Society member Matthew Otte-mann and Jonathan Grob of McGrath North & Kratz PC LLO of Omaha presenting a “Federal Tax Update” and, Doug Ewald, Ne-braska’s Tax Commissioner, giving a his annual report from the Ne-braska Department of Revenue. Also scheduled to present two breakout sessions on “Controllership Issues” is Arthur Pulis, III, of Wickenburg, AZ, who is
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WEBINARS & WEBCASTS AVAILABLE TO MEMBERS By Sheila Hoadley
Society Vice President The Society is proud to offer
online CPE and has partnered with CPE Link, K2 and Surgent McCoy CPE LLC to bring members great topics and speakers all from the con-venience of your own desk.
These online CPE courses (commonly called "webcasts" or "webinars") are broadcast live, com-ply with NASBA CPE standards, fea-ture slides of the presentation to fol-low along, links to download any written materials, a forum to post questions and comments, and many include video of the speaker.
These courses are NOT spon-sored by the Nebraska Society of CPAs and any questions or con-cerns should be directed to the corresponding organization.
CPE Link Webcasts CPE Link offers numerous web-
casts each month (typically two to four hours) covering a range of top-ics of interest to financial profession-
als. CPE Link instructors are ac-counting and tax professionals—all experts in their fields with many years of practical experience to share. Some are practicing CPAs or attorneys; some are small business owners or consultants. Webinar at-tendance fees are reasonable, plus, members who have three or more participants at the same location viewing the webinar as a group, qualify for the discounted group rate.
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3
Nebraska CPA is published ten times annually for members of the Nebraska Society of CPAs. Publication is monthly, with the exception of two combined issues: February/March and December/January. Copy dead-line is the tenth of the month prior to publication.
Nebraska Society of CPAs
635 South 14th Street, Suite 330 Lincoln, Nebraska 68508
(402) 476-8482 or (800) 642-6178 Fax (402) 476-8731
Patrick J. Lavelle, Chairman Daniel L. Wells, Chairman-Elect
Michelle R. Thornburg, Treasurer Jamie L. Johnson, Secretary
Julie D. Bauman, Immediate Past Chairman
DIRECTORS Vaughn L. Benson
Patrick G. Kirlin Marcy J. Luth
Thomas J. Meister John W. Sehi
John B. Fruhwirth Elected Member of AICPA Council
Richard D. Gifford West Nebraska Chapter President
STAFF Dan Vodvarka, President
Sheila Hoadley, Vice President
“This scholarship will unques-tionably help in the final step of my academic career and the pursuit of future goals. Once again, thank you so much for your generosity.” -UNO Student
The Board of Trustees of the Foundation of the Nebraska Society of CPAs’ extends an enthusias‐tic THANK YOU to the following Nebraska Society members who have made generous contributions to the Foundation’s Fundraising Campaign during 2013.
The Campaign, which began in 2010, has received contributions from numerous Society mem‐bers and as of September 2013, the Campaign has raised over $35,300.
The Campaign’s long‐term goal is to increase the value of the Foundation’s over 50 annual schol‐arships to Nebraska college accounting students. Recent 2013 contributors are:
Larry Larson Sean & Rebecca Wolfe
Silver Investors (Minimum $250 Contribution)
Bronze Investors (Minimum $100 Contribution)
Honor Roll Investors
Gold Investors (Minimum $500 Contribution)
Patricia Brunz Allen Cooper Senator Galen D. Hadley Paul Mendlik Thomas J. Purcell, III John W. Sehi Mark Warner
Auten, Pruss & Beckmann, PC Edward W. Fitzgerald, Jr. Randy Harvey, Nonmember Patrick Lavelle
Anonymous J. A. McCoy, CPA, PC Martin Schlautman
TWO MEMBERS APPOINTED TO NEBRASKA STATE BOARD
Nebraska Governor Dave Heineman, this summer appointed two Society members to the Nebraska Board of Public Accountancy (State Board).
On July 11, 2013, The Governor appointed Society member Marcy L. Luth of Grand Island to complete the four-year term of Mike Wassinger who died on May 2, 2013. Luth is a corporate shareholder with the CPA firm of Almquist, Maltzahn, Galloway & Luth, P.C. in Grand Island. She has served on the Society’s Board of Directors and will represent Nebraska’s Third Congressional District as an active CPA permit holder.
On September 9, 2013, the Governor appointed Thomas J. Purcell, III, of Omaha to an initial four-year term on the State Board representing Nebraska’s Second Congressional District. Purcell is a Professor of Accounting at Creighton University in Omaha and is a former Chairman of the Board of the Society. Pur-cell’s term began on September 22, 2013, and he will serve on the Board as an active CPA permit holder. He replaces Richard Zacharia of Frankel Zacharia LLC in Omaha who completed two four-year terms on the Board and because he joined the Board to complete an unfinished term, served on the State Board for about 10 years.
Both appointments were supported by the Society’s Board of Directors and recommended to the Governor.
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Continued on Page 5
Few organizations, regardless of size or industry, have escaped the shadow of uncertainty that has long hovered over the business community. This uncertainty has exhibited itself in ways ranging from intensified competition and market volatility to complex regula-tory requirements and widespread digitalization. In spite of the inher-ent challenges of this environment, a reengineered formula for organ-izational success has emerged and finance teams are transforming and reenergizing themselves in its wake.
Bridging the Talent Divide The finance team’s evolving
remit is largely due to its greater role as a trusted partner with senior leadership and the higher demand for a specific combination of skills needed to guide the organization. Key decision makers are looking for financial professionals who combine analytical and financial expertise with strategic, manage-ment and decision-making insights.
An American Institute of CPAs (AICPA) and Chartered Institute of Management Accountants (CIMA) study, Rebooting Business: Valuing the Human Dimension, supports business savvy’s more prominent footprint in corporate America, with nonfinancial senior executives stat-ing that 68 percent of the value pro-vided to the organization is nonfi-nancial. However, according to Deloitte’s 2013 Global Finance Tal-ent Survey, there is growing con-cern among many finance execu-tives over recruiting, retaining and developing finance employees with such an in-demand combination of skills.
Management accountants, specifically those awarded the Chartered Global Management Accountant (CGMA) designation, are setting themselves apart from other professionals in ful-filling this unmet need. With their proven talent in both financial and management areas, coupled with their business acumen, manage-ment accountants are advancing into key advisory roles that are criti-
cal to operations and strategy. In the process, they are filling a talent void that, if not met, could under-mine sustainable growth and pro-gress.
“As senior leaders continue to look to finance departments for in-sightful management advice and direction, opportunities will grow exponentially for CGMAs to prove their value to organizations, both in the U.S. and abroad,” said Michael R. Nall, CPA, CM&AA, CGMA, founder of Alliance of M&A Advi-sors. “Among the ways CGMAs can ensure that their expanded new role will endure in the years
ahead is to reach out to fellow members of the CGMA community to share best practices, and partici-pate in programs that can further develop their skills, expertise and leadership perspective.”
Redefining Capabilities Similar to many of their peers
from other leadership disciplines, management accountants’ contri-butions span the full range of activi-ties, making a measurable impact on executive decisions, perform-ance and competitive position. Whether managing risk across a portfolio of projects, formulating
Members in the News Melissa Ruff of Lincoln has been promoted to Audit Director for
Deloitte & Touche LLP in Omaha . . . Jason L. Tonjes of Bland & Associates, P.C. of Omaha has been elected as Chairman of the American Region of BKR. BKR International is a global association of independent accounting and business advisory firms . . . Byron Boslau of Lincoln has received the Roger T. Larson 2013 Commu-nity Builder Award from the Lincoln Chamber of Commerce . . . Joe Schaffart of Omaha has become the Vice President of Accounting for the Metropolitan Utilities District in Omaha . . . Don Shimmin of Omaha has been promoted to Audit Manager in the Assurance Ser-vices Department of HSMC Orizon, LLC in Omaha . . . Laura Fender of Council Bluffs, IA has been promoted to Senior Vice President, enterprise Reporting and Analysis at the Mutual of Omaha Insurance Co. in Omaha . . . Lina Jiang of Omaha has been promoted to Sen-ior Auditor in the Omaha firm of Hayes and Associates.
2013 SCHOOL DISTRICTS AUDITING & REPORTING REFERENCE MANUAL AVAILABLE
The 2013 edition of a longtime Society publication, Nebraska School Districts Auditing and Reporting Reference Manual, is available through the Society for $50.
This year’s guide has been updated by members of the Society’s State and Local Governmental Accounting and Auditing Committee coordinated by Dana J. Weber of Scottsbluff, and Russ Inbody from the Nebraska De-partment of Education.
The Guide was developed to assist accountants in preparing financial statements and reports for all Nebraska School Districts and was prepared with the cooperation of the Department of Education and the Nebraska State Auditor’s Office.
To order the Guide, contact the Nebraska Society by email ([email protected]) or by phone at (402.476.8482 or 800.642.6178) or by fax (402.476.8731).
MANAGEMENT ACCOUNTANTS DELIVER VALUE!
5
strategy or initiating and leading innovation and change, manage-ment accountants are helping fi-nance departments more proac-tively respond to leadership’s call for deeper, more hands-on collabo-ration and partnership.
Further building management accountants’ value is a skill set that extends beyond domestic opera-tions. “Management accountants and CGMAs are also making tre-mendous contributions to global and non-U.S. operations, especially in long-term strategic planning, short-term business planning, and monitoring and control,” said Hiro-shi Miyamasu, CPA, CGMA, fi-nance director at Nike Japan. “Among the benefits of their strengthening, multifunctional role has been a measurable improve-ment to the top- and bottom-lines at a time when organizations of all types need to be at their competi-tive best.”
As the new business man-date moves beyond core finan-cial accounting skills, manage-ment accountants are using a wide range of financial proc-esses to move business opera-tions forward. The following ex-amples underscore some of the diversity of their responsibilities:
Providing nonfinancial infor-mation and analysis of Big Data
Advising on internal and ex-ternal drivers of cost, risk and value
Performing rigorous analysis of the data leading to performance improvements
Sharing insights into product, sector and customer profitability to determine the success of marketing efforts
Driving cost-reduction strate-gies within finance and throughout the organization
Setting objectives to ensure that the business is run in the long-term best interests of stakeholders
Helping to ensure that remu-neration policy supports long-term value creation
Leading the identification and assessment of new business op-
MANAGEMENT ACCOUNTANTS . . . From Page 4
portunities Developing financial aware-
ness and expertise within the or-ganization
Monitoring how organizational groups attain goals and contribute to performance
Ensuring that goals are shared across the business and appropriate resources are allocated
Management accountants are increasingly preparing and being recognized for their expanded or-ganizational role at a time when their contribution is strongly felt at all levels. According to a CGMA survey, New Skills, Existing Talent, 75 percent of global finance execu-tives reported that when finance professionals support manage-ment, the organization better meets its objectives. In fact, there are few innovative organizations today that are genuinely successful without the influence of management ac-countants and other finance profes-sionals.
The New Skills, Existing Talent Survey also provides insights into
management accountants’ potential influence on future leadership initia-tives. When finance professionals and business managers were asked whether finance provided an appropriate training ground for fu-ture business leaders, the majority of each group responded that it was equal to or greater than other parts of the organization.
Sustainable Momentum Looking ahead, management
accountants will further identify new opportunities to broaden their scope of responsibilities, grow their capabilities and deliver even greater value. The result will be an organization that not only maxi-mizes and benefits from the full potential of the finance team but is also poised for long-term success.
Access additional valuable resources and information on this topic and more at CGMA.org. Not a designation holder? Find out more about the designation and eligibility re-quirements at cgma.org/BecomeACGMA.
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Confirmation and/or Credit Card Receipt: Email Mail Address: _______________________________________________________ Attendee _______________________________________________ Firm/Business ________________________________________________ Mailing Address Firm Home ____________________________________________________________________________________ Contact Name ___________________________________________ Contact Number ______________________________________________ Special Accommodations Needed: _________________________________________________________________________________________
Payment Information: Amount $ __________________ Check MasterCard Visa Expiration Date ________________ Credit Card Number ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ CVV Code (on back of cc) ____ ____ ___ Print Card Holder's Name _____________________________________ Card Holder's Signature __________________________________ Credit Card Billing Address, City, State & Zip
PLEASE MAKE YOUR SELECTIONS BELOW AND EMAIL ([email protected]), FAX (402.476.8731) OR MAIL (NEBRASKA SOCIETY OF CPAS, 635 S. 14TH STREET, SUITE 330, LINCOLN, NE 68508) THIS FORM. YOU WILL RECEIVE A CONFIRMATION WITHIN 3 BUSINESS DAYS. YOU CAN ALSO REGISTER ONLINE AT WWW.NESCPA.ORG/CONFERENCEREGFORM.PHP. SEE PAGE 11 OF THIS NEWSLETTER FOR SPECIAL LODGING RATES.
Conference Fees: The fee covers all conference sessions, materials, lunches, continental breakfasts and refreshment breaks. Early registration is encouraged. $375 - Two Days Society Member $405 - Two Days Non-Society Member $295 - One Day - Society Member
WEDNESDAY, OCTOBER 30, 2013 7:00 to 8:00 AM Registration & Continental Breakfast
8:10 to 9:40 AM “AICPA’s Professional Issues Update” – Tommye E. Barie, CPA, AICPA Council & Board of Director Member 10:00 AM to Noon “Federal Tax Update” – Matthew R. Ottemann & Jonathan L. Grob, McGrath, North, Mullin & Kratz, PC LLO 12:00 to 1:30 PM Luncheon and Annual Business Meeting
1:30 to 2:40 PM “Labor Law Update” – William Harding, Harding & Schultz PC LLO 3:00 to 4:00 PM Breakout Sessions - Please select one breakout session by filling in the circle ().
“Internet Security” – Drew Embury & Phil Lieber, P&L Technology “OCBOA” – Robert Durak, AICPA “Staff Development & Recruiting” – Chris Carlson, Aureus Group
4:00 to 5:00 PM Breakout Sessions - Please select one breakout session by filling in the circle (). “Internet Computing” – Drew Embury & Phil Lieber, P&L Technology "Life and Death Planning for Retirement Plans & Benefits” – D. Roehrs & M. Johnson, Exec. Wealth Mgmt. "Staff Development & Retention — Part 2” – Chris Carlson, Aureus Group
THURSDAY, OCTOBER 31, 2013 7:30 to 8:00 AM Continental Breakfast 8:00 to 9:00 AM “The Tax Commissioner’s Update” – Douglas Ewald, Nebraska Tax Commissioner
9:05 to 10:40 AM “FASB Update” – Dana Foote, KPMG LLP 10:55 am to 12:05 PM Breakout Sessions - Please select one breakout session by filling in the circle (). “Audit Standards Update” – Jim Richardson & Michelle Luett, McGladrey LLP “Controllership: The Finance Professional - The Key to the Organization” – Arthur Pulis, III "Healthcare Update for Large & Small Businesses” – Tony Sorrentino, SilverStone Group
12:05 to 12:50 PM Luncheon 12:50 to 2:00 PM Breakout Sessions - Please select one breakout session by filling in the circle ().
“Controllership: The Key to Success is Proper Planning” – Arthur Pulis, III "Healthcare Update for Large & Small Businesses” (repeat) – Tony Sorrentino, SilverStone Group “Pathways Commission - CPE Development” – Jack Krogstad, Creighton University
2:15 to 4:00 PM “Ethics Update” – Vasant Raval, Creighton University — 2 Hours of Ethics 4:00 PM Conference Adjourns
THE NEBRASKA SOCIETY OF CPAS’ 13TH ANNUAL FALL CPE CONFERENCE - OCTOBER 30 - 31, 2013
8
Nebraska Society membership applications have been received from the following indi-viduals. Objections should be filed with the Secretary of the Nebraska Society of CPAs: Jamie L. Johnson, NMPP Energy, 8377 Glynoaks Dr., Lincoln, NE 68516.
Kirk A. Delperdang, Lutz & Company, PC; Omaha Tyler J. Keffeler, McGladrey LLP; Omaha Patricia K. Pfeiffer, Omaha Zoological Society; Omaha Jason L. Saalfeld, Shaw, Hull & Navarrette, CPAs; Fre-mont Samantha Schuett, Seim Johnson, LLP; Omaha Kevin M. Schuster, KPMG LLP; Omaha Donald C. Shimmin, HSMC Orizon, LLC; Omaha
Membership Applications
BOARD SUPPORTS EXPERIENCE RULES Following its annual Board Re-
treat, the Society’s Board of Directors held a quarterly meeting on August 24, 2013, at the Courtyard by Marriott in LaVista.
Presided over by Chairman of the Board Patrick Lavelle of Omaha, the Board discussed current Society and CPA profession issues and planned for the future.
Among the actions taken at the afternoon Board meeting, the Board:
Reviewed and accepted the drafts of the Society’s audit, Form 990 federal tax return and management letter for the year ending March 31, 2013, as presented by Joe Meduna of Grafton & Associates of Lincoln, the Society’s current audit firm.
Approved the Society’s financial reports of June 30, and July 31, 2013, and 26 membership applications.
Approved a motion that the Board supports the concepts in the State Board’s draft of “CPE Experi-ence” rules and regulations for the enforcement of LB27 that was passed by the Nebraska Legislature in 2013.
complete the term of Mike Wassinger of Hastings who died on May 2, 2013. Luth was appointed on July 11, 2013, and she resigned from the Society Board that day.
Chairman Lavelle also updated the Board on an August 12, 2013, meeting the Board leadership and Taxation Committee members had with Governor Heineman. The meet-ing was requested by the Governor to discuss possible state tax reductions and adjustments for consideration by the 2014 Nebraska Legislature.
During its Retreat in the morning, the Board reviewed and amended a draft of a Membership Survey for the Society to be circulated during fall 2013. The Board also discussed AICPA and CPA profession national issues with Thomas E. Hilton of St. Louis, MO who is a member of the AICPA Board, and reviewed state regulatory issues with Dan Sweet-wood, Executive Director, of the State Board.
The next Society Board meeting is scheduled for October 30, 2013, at LaVista during the Society’s 2013 An-nual Meeting and Fall CPE Confer-ence.
The Board also directed Society Presi-dent Dan Vodvarka to testify in support of the draft rules during the State Board’s Public Hearing on August 28, 2013, in the State Capitol in Lincoln.
Reviewed a report from Sheila Hoadley, Society Vice President, re-garding the status of the Society’s 2013 continuing professional educa-tion programs through July 31, 2013.
Approved the report from the chairman of the 2013 Nominating Committee, Immediate Past Chairman Julie Bauman of Falls City, regarding the Society’s leadership slate for 2013-14 and forwarded the slate to the en-tire membership for consideration at the Annual Meeting on October 30, 2013, in LaVista.
Discussed the three, 2013 ap-pointments to the Nebraska Board of Public Accountancy (State Board) by Nebraska Governor Dave Heineman. The Board has forwarded to the Gov-ernor two suggested nominees, and President Vodvarka reported that the Governor has appointed Society mem-ber Marcy Luth of Grand Island to
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Each year, the Nebraska Society of CPAs accepts the nomination of members for special awards: the Public Service Award, the Distinguished Service to the Profession Award, the Out-standing Accounting Educator Award, and the Outstanding CPA in Business and Industry Award. Provided below are the criteria for each award. The deadline for nominations is October 31, 2013. The four award recipients will be selected by a special ad hoc committee and approved by the Society's Board of Directors. They will be recognized during the Society's Annual Meeting in the Fall. In addition, the Society's Foundation will present a scholarship in the name of each recipient to an accounting student attending a Nebraska college or university of the recipient's choice.
Distinguished Service to the Profession Award The purpose of the Distinguished Service to the Profession Award is to recognize Nebraska CPAs who have demonstrated during their career a commitment to the accounting profession locally, nationally or internationally. To be eligible for this award, the nominee must be a CPA, be a member of the Nebraska Society, and be in good standing with the profession. The selection committee will consider accomplishments in the following areas: Service to the Nebraska Society, such as serving as a Board mem-ber, committee member, legislative key person, or CPE discussion leader; Service to the American Institute of Certified Public Accountants, such as serving as a member of council, committee member, or speaker; Service to the Nebraska State Board of Public Accountancy, such as serving as a Board member or task force member; or Service to other organizations which contribute to the overall strength of the accounting profession.
Outstanding CPA in Business and Industry Award The purpose of the Outstanding CPA in Business and Industry Award is to honor Nebraska CPAs who have made a significant contribution to the growth and success of their employers or who have made a notable entrepreneu-rial achievement. In addition, the award recognizes those CPAs working in busi-ness, industry or government who have distinguished themselves by having made a significant contribution to the enhancement of the accounting profession. To be eligible for the Outstanding CPA in Business and Industry Award, the nomi-nee must be a CPA employed in business, industry or government and a current or former member of the Nebraska Society of CPAs. The selection committee will consider the nominee's involvement in the following areas: Significant contributions to the growth and success of his or her employer notable entrepreneurial achievement; or Service to organizations at the local, state and national level which contribute to the overall strength of the accounting profession.
Nebraska Society of Certified Public Accountants
Application for Award Nomination
I nominate the following Nebraska Society member as a candidate for: The Public Service Award The Distinguished Service to the Profession Award The Outstanding Accounting Educator Award The Outstanding CPA in Business and Industry Award Name of Candidate ________________________________________________________________________________________________ Address _________________________________________________________________________________________________________ City State Zip Phone
Nomination Submitted By Phone
DEADLINE FOR NOMINATIONS IS OCTOBER 31, 2013. Mail to: Nebraska Society of CPAs, 635 South 14th Street, Suite 330, Lincoln, NE 68508 Email to: [email protected]
Thank you for your nomination. You will be contacted in the near future regarding additional information we may need regarding this nomination.
Society Awards Nomination Form
Public Service Award The purpose of the Public Service Award is to recognize Nebraska CPAs who have performed outstanding public service in their communities. To be eligible for the Public Service Award, the nominee must be a CPA, be a member of the Nebraska Society of CPAs, and be in good standing with the profession. Some examples of public service that the selection committee will consider are the following: Participation in community, charitable, or other civic activities on an ongoing basis; Participation in and responsibility for a public service project which had a significant impact on the community; Service in a notable volunteer capacity in government at the local, state or national level; or Other volunteer service to individuals or organizations.
Outstanding Accounting Educator Award The purpose of the Outstanding Accounting Educator Award is to recognize full-time Nebraska accounting educators for excellence in account-ing education. To be eligible for this award, the nominee must be a CPA, be a member of the Nebraska Society, be a full-time accounting educator at a college or university, and be in good standing with the profession. The selec-tion committee will consider the nominee’s accomplishments in the following areas: Excellence in classroom teaching, including endorsements from students, alumni and/or colleagues; Contributions to accounting education, including professional in-volvement, educational innovations and publications; Service to the Nebraska Society, such as serving as an officer, member of the Board of Directors, committee member, legislative key person, or CPE discussion leader; or Service to other organizations which contribute to the overall strength of the accounting profession.
Each year, the Nebraska Society of CPAs accepts the nomination of members for special awards: the Public Service Award, the Distinguished Service to the Profession Award,the Outstanding Accounting Educator Award, and the Outstanding CPA in Business and Industry Award.
Provided below are the criteria for each award. The deadline for nominations is October 31, 2012.
The four award recipients will be selected by a special ad hoc committee and approved by the Society's Board of Directors. They will be recognized during the Society's Annual Meeting in the Fall. In addition, the Society's Foundation will present a scholarship in the name of each re-cipient to an accounting student attending a Nebraska college or university of the recipient's choice.
Distinguished Service to the Profession Award The purpose of the Distinguished Service to the Profession Award is to recognize Nebraska CPAs who have demonstrated during their career a com-mitment to the accounting profession locally, nationally or internationally. To be eligible for this award, the nominee must be a CPA, be a member of the Ne-braska Society, and be in good standing with the profession. The selection committee will consider accomplishments in the following areas: Service to the Nebraska Society, such as serving as a Board member, committee member, legislative key person, or CPE discussion leader; Service to the American Institute of Certified Public Accountants, such as serving as a member of council, committee member, or speaker; Service to the Nebraska State Board of Public Accountancy, such as serving as a Board member or task force member; or Service to other organizations which contribute to the overall strength of the accounting profession.
Outstanding CPA in Business and Industry Award The purpose of the Outstanding CPA in Business and Industry Award is to honor Nebraska CPAs who have made a significant contribution to the growth and success of their employers or who have made a notable entrepreneurial achievement. In addition, the award recognizes those CPAs working in business, industry or government who have distinguished themselves by having made a significant contribution to the enhancement of the accounting profession. To be eligible for the Outstanding CPA in Business and Industry Award, the nominee must be a CPA employed in business, industry or government and a current or former member of the Nebraska Society of CPAs. The selection committee will consider the nominee's involvement in the following areas: Significant contributions to the growth and success of his or her employer notable entrepreneurial achievement; or Service to organizations at the local, state and national level which con-tribute to the overall strength of the accounting profession.
Nebraska Society of Certified Public Accountants
Application for Award Nomination I nominate the following Nebraska Society member as a candidate for:
The Public Service Award The Distinguished Service to the Profession Award The Outstanding Accounting Educator Award The Outstanding CPA in Business and Industry Award
Name of Candidate ________________________________________________________________________________________________ Address _________________________________________________________________________________________________________ City ____________________________________ State _____________ Zip ______________________ Phone _______________________
Nomination Submitted By ______________________________________________________________ Phone _______________________
DEADLINE FOR NOMINATIONS IS OCTOBER 31, 2012 Mail to: Nebraska Society of CPAs, 635 South 14th Street, Suite 330, Lincoln, NE 68508 Email to: [email protected]
Thank you for your nomination. You will be contacted in the near future regarding additional information we may need regarding this nomination.
Society Awards Nomination Form
Public Service Award The purpose of the Public Service Award is to recognize Nebraska CPAs who have performed outstanding public service in their communities. To be eligible for the Public Service Award, the nominee must be a CPA, be a member of the Nebraska Society of CPAs, and be in good standing with the profession. Some examples of public service that the selection committee will consider are the following: Participation in community, charitable, or other civic activities on an ongoing basis; Participation in and responsibility for a public service project which had a significant impact on the community; Service in a notable volunteer capacity in government at the local, state or national level; or Other volunteer service to individuals or organizations.
Outstanding Accounting Educator Award The purpose of the Outstanding Accounting Educator Award is to recog-
nize full-time Nebraska accounting educators for excellence in accounting education. To be eligible for this award, the nominee must be a CPA, be a member of the Nebraska Society, be a full-time accounting educator at a college or university, and be in good standing with the profession. The selec-tion committee will consider the nominee’s accomplishments in the following areas: Excellence in classroom teaching, including endorsements from stu-dents, alumni and/or colleagues; Contributions to accounting education, including professional involve-ment, educational innovations and publications; Service to the Nebraska Society, such as serving as an officer, member of the Board of Directors, committee member, legislative key person, or CPE discussion leader; or Service to other organizations which contribute to the overall strength of the accounting profession.
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Annual Business Meeting Luncheon Only $40 - Society Member (For those attending the Conference, the Annual Meeting fee is included in the price of the conference)
Confirmation and/or Credit Card Receipt: Email Mail Address: ______________________________________________________
Mailing Address Firm Home ____________________________________________________________________________________
Contact Name ___________________________________________ Contact Number ______________________________________________
Special Accommodations Needed: ________________________________________________________________________________________
Payment Information: Amount $ __________________ Check MasterCard Visa Expiration Date ________________
Credit Card Number ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ CVV Code (on back of cc) ____ ____ ____
Print Card Holder's Name ______________________________________ Card Holder's Signature ___________________________________
Credit Card Billing Address, City, State & Zip _________________________________________________________________________________
ANNUAL MEETING LUNCHEON REGISTRATION & PAYMENT FORM
a popular CPE Discussion Leader who speaks on a variety of “Industry member” topics. Another popular speaker return-ing to the Conference is William Harding of Harding & Schultz PC LLO of Lincoln who will present a “Labor Law Update”. The conference will also feature breakout sessions both days on a variety of tax, accounting and busi-ness management issues. To re-view the complete two-day agenda for the conference go to page 7 in this newsletter or www.nescpa.org/conferenceregform.php.
Annual Business Meeting The Society’s Annual Business Meeting on October 30 will include a report from the current Society
Chairman, Patrick Lavelle of Omaha, regarding the Society’s ac-tivities, projects and member ser-vices during the past year; recogni-tion of 2013 Society award recipi-ents and recognition of new Ne-braska CPA certificate holders and recipients of 2013 Society Founda-tion scholarships. The luncheon meeting is scheduled for noon to 1:30 p.m. Also on the program will be the traditional “passing of the Chair-man’s gavel” from Chairman Lavelle to the 2013-14 Society Chairman, Dan Wells of Omaha. More information and a registra-tion form check Page 7. Below is a registration form for just the An-nual Business Luncheon.
ANNUAL MEETING . . . From Page 1
51ST GREAT PLAINS INSTITUTE: DEC 5-6 The 51st Great Plains Federal Tax
Institute is scheduled for the Embassy Suites Downtown/Old Market, 555 S. 10th Street in Omaha, on December 5-6, 2013. The Institute, as it has for over 5 decades, combines the interests of attor-neys, accountants, financial planners, life insurance and other tax professionals.
Creighton Law Professor Edward A. Morse will present Developments in Fed-eral Income Taxation on December 5. This presentation has been named in honor of Great Plains Federal Tax Insti-tute founder Jack North and as estab-lished by the firm of McGrath North Mullin & Kratz, PC LLO of Omaha.
Tracey A. Feilman and Craig R. Willis of Cincinnati, OH, will follow with Practical Issues in Tax Controversies.
Next, Donald O. Jansen of Austin, TX, will deliver a presentation on Taxation of Life Insurance. On Dec. 5 afternoon agenda, Stacy Eastland, Houston, TX, will present, Some of the Best Planning Ideas in the New 2013 Tax Environment. And the opening day concludes with three concurrent breakout sessions: 1) What’s Hot in Life Insurance, Jansen; 2) Structuring and Due Diligence Consid-erations in Middle Market M & A, pre-sented by Michael E. Stibich and Lind-say N. Wietfeld, Cincinnati, OH; and Best Planning Ideas in More Depth, Eastland.
Kicking off presentations on Dec. 6 will be Timothy L. Moll of Lincoln pre-senting his annual Estate and Gift Tax Update.
Professor Julie Ann Ragatz, the
American College of Villanova University, Bryn Mawr, PA, will present a two-hour program on Ethics for Accountants and Lawyers. The Institute’s ethics presenta-tion is in memory of late board member Paul C. Jessen as established by the Omaha law firm of Koley Jessen, P.C., L.L.O. The ethics presentation will be accessible as a stand-alone webcast and has been approved for continuing educa-tion credit for Nebraska lawyers and CPAs as well as for Iowa lawyers.
Professor Roger A. McEown, Iowa State University, Ames, IA, returns in 2013 with his Farm Tax Update. He be-gins the Friday afternoon lineup that in-clues a Capitol Hill Update given by Rick Bailine, Washington, DC. Tony Sorren-tino then discusses Healthcare Reform with an action plan for compliance.
Nicholas K. Niemann of Omaha con-cludes the Institute with a comprehensive review of Nebraska and Iowa State Tax and Economic Development.
Registration Information Registration fees are $410, but a
discounted fee of $360 is given for regis-trations received by November 7. A spe-cial discount rate of $275 is offered to participants who have been in their pro-fessional practices for less than five years. The registration deadline is Nov. 25, 2013.
Participants will receive course ma-terials online. Purchasing printed course materials is optional. The course pro-vides both CLE and CPE credit for Ne-braska and Iowa attorneys and CPAs. Online registration is expected to open by Mid-October at www.greatplainstax.org. Contact the program manager at 402/483-4234 or [email protected] for more infor-mation.
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NEBRASKA PRACTICES FOR SALE: NE Nebraska (Sioux City Area) CPA Practice - gross $125K. Norfolk Accounting & Bookkeeping Prac-tice - gross revenues $440K. For more information call us 1-800-397-0249 or visit us at www.AccountingPracticeSales.com to see all listings and register for free email updates. THINKING OF SELLING YOUR PRACTICE? Accounting Practice Sales is the leading marketer of ac-counting and tax practices in North America. We have a large pool of buyers, both individuals and firms, looking for practices now. We also have the experience to help you find the right fit for your firm and nego-tiate the best price and terms. To learn more about our risk-free and confidential services, call Trent Holmes at 1-800-397-0249 or email [email protected].
OPPORTUNITIES AVAILABLE - PAGES 11 & 12
SENIOR ACCOUNTANT West Omaha CPA Firm is seeking a CPA With 3+ years of Public Ac-counting experience. Recent au-dit and/or tax background re-quired. No travel, competitive compensation package, near term ownership potential for the right candidate. Send resume and salary requirements to Jim Reinig, Massman Nelson Reinig P.C., 13310 I Street, Omaha, Nebraska, 68137.
TAX SUPERVISOR/MANAGER Shonsey,Placke,Maruska & Stava, PC, a premier out state CPA firm located in Grand Island, has a unique career opportunity with owner-ship potential. Requires CPA with minimum of 4-8 years tax experi-ence in a public accounting firm: preparation and review of complex tax returns and tax planning for a wide variety of industries and individuals, income tax planning, research complex tax issues, training and super-vision of staff accountants, and interaction with clients. We offer a com-petitive salary and benefits package that includes health insurance, paid vacation, holiday time, a 401(k) Plan; newer office, prime location, and excellent work environment. Mail resume to Shonsey & Associ-ates, PO Box 910, Grand Island, NE 68802; or email to [email protected].
Dynamic and growing regional CPA firm seeks motivated CPA or CPA candidate for audit posi-tion in Vail Valley, Colorado. This opportunity offers rewarding work all while living in a great location. Please email resumes to [email protected].
SPECIAL LODGING RATES
This year we are pleased to offer two options for lodging during our Fall Conference. The cut off date for the special rate for both hotels is Octo-ber 10, 2013. The two options are as follows:
Courtyard by Marriott Omaha-LaVista [Rate is $105 per night], 12560 Westport Parkway, LaVista, Nebraska 68128; (402) 339-4900. Cor-porate code is CPA.
Embassy Suites Omaha-LaVista [Rate is $125 per night], 12560 Westport Parkway, LaVista, Nebraska 68128; (402) 331-7400. Cor-porate code is CP2.
For our two largest tax classes, we have blocked rooms at special rates.
November 8, 2013 - H1TU - [Rate = The Cornhusker, A Marriott Hotel, [$84 per night], 333 S. 13th Street, Lincoln, NE 68508; Phone (402) 474-7474. The reservation cut off date is October 24, 2013. Corpo-rate code is VHTAPPLE.
December 9 & 10, 2013 - H2TU - Embassy Suites Omaha-LaVista [Rate is $115 per night], 12560 West-port Parkway, LaVista, Nebraska 68128; (402) 331-7400. Corporate code is CP1. The reservation cut off date is November 7, 2013. Omaha 402.330.9580 | Lincoln 402.742.0118 | pltechnology.com/cpa
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OPPORTUNITIES AVAILABLE PAGES 11 & 12
SENIOR ACCOUNTANT Methodist Health System is seeking an analytical and motivated team player with effective communication skills. Requires a bachelor’s de-gree in accounting and two to four years progressive experience; CPA license a plus. Knowledge and understanding of nonprofit and grant accounting strongly preferred. Please apply at www.bestcare.org or contact Rebecca Hatfield at (402) 354-7818.
TREASURY ANALYST - Full-time Children’s Hospital & Medical Center the regional leader in pe-diatric health care has a great opportunity in our Finance de-partment for an individual who has the expertise in investments, debt management, and financial analysis, including general ledger and financial statements. This candidate will be proficient in Microsoft windows, especially excel and word. The position requires a Bachelor’s degree in accounting or finance. Minimum 5 years’ experience in finance, investment reporting, account-ing, or related field required, preferably in a healthcare set-ting. Qualified candidates can apply at: Children’s Hospital & Medical Center, Omaha, NE 6 8 1 1 4 . A p p l y o n l i n e : www.childrensomaha.org EOE Children’s Hospital & Medical Center has been named one of the “Best Places to Work in Omaha for 2011, 2012 & 2013.”
Continue your career with a market-leader public accounting firm in beautiful Western Colorado! Dalby, Wendland & Co., P.C. is seeking a SENIOR TAX ACCOUNTANT to join our Glenwood Springs of-fice. Qualified candidates will have solid skills in income taxation and a strong accounting background; 2-5 years experience in public account-ing desired. CPA or EA preferred, but not required. DWC’s strong team culture and quality-focused work environment provides challeng-ing opportunities and growth throughout your career. Our firm provides a good work/life balance, competitive compensation, a comprehensive benefits package, and opportunities for advancement. To apply, email your resume to [email protected].
Western Nebraska firm with offices in Scottsbluff, Chadron and Mullen, Nebraska is growing! We are seeking a qualified Manager with five or more years of experience with a desire for rapid advancement to own-ership, to join our Scottsbluff team. We are also seeking a qualified Senior Accountant with at least two to five years of experience to join our Scottsbluff team. Job descriptions for both positions can be viewed at www.falcocpa.com. Please send resume and salary requirements to [email protected] or Fred A. Lockwood & Co., PC, 1110 Circle Drive Suite 100, Scottsbluff, NE 69361.
Established, full service West Omaha CPA firm with a diversi-fied client base is seeking a QUALIFIED CPA with over five years of auditing and accounting experience. Income tax and computer proficiency is also re-quired. This position requires very limited travel. We offer a full range of employer-provided benefits and salary will be com-mensurate with experience and qualifications. Forward your re-sume in confidence to File #131001 % Sheila Hoadley, Ne-braska Society of CPAs, 635 S. 14th St., Ste 330, Lincoln, NE 68508.
Nebraska Society of CPAs 635 South 14th Street, Suite 330 Lincoln, Nebraska 68508
