Page | 1 KSCPA Business & Industry Conference @ Arrowhead Stadium October 23, 2014 – Open @ 7:30 – Sessions 8:00-4:10 – Reception 4:10-5:30 KSCPA Members $250 / Non Members $280 – Table Sponsorships Available Designed for 8 hours CPE – Bonus 1 hour “Cybersecurity” session presented by Lockton Companies Co-sponsored by the Kansas Society of CPAs, the Missouri Society of CPAs, and the Institute of Management Accountants-Kansas City Chapter
Transcript
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KSCPA Business & Industry Conference @ Arrowhead Stadium
October 23, 2014 – Open @ 7:30 – Sessions 8:00-4:10 – Reception 4:10-5:30 KSCPA Members $250 / Non Members $280 – Table Sponsorships Available Designed for 8 hours CPE – Bonus 1 hour “Cybersecurity” session presented by Lockton Companies
Co-sponsored by the Kansas Society of CPAs, the Missouri Society of CPAs, and the Institute of Management Accountants-Kansas City Chapter
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KSCPA Business & Industry Conference @ Arrowhead Stadium “Developing Your Competitive Advantage” October 23, 2014, Arrowhead Stadium, Kansas City, MO
STEERING COMMITTEE Dan Crumb, CPA, CGMA, Chair Chief Financial Officer, Kansas City Chiefs Football Club Inc
Denise A. Bergin, CPA, CIA Topeka
Carolyn C. George, CPA Carolyn C. George, CPA
Norman P. Hope, PhD, CPA, CGMA Professor, Tabor College, Hillsboro
Alyssa Sharp, CPA Tax Accountant, Mize Houser & Company P.A.
Staff Liaisons:
Mary R. MacBain & Michelle MacBain
The KSCPA Business & Industry Conference @ Arrowhead Stadium is designed to provide general and technical education of
interest to business & industry. Participants work in a range of organizations and are primarily financial professionals who are CFOs,
accounting and finance managers and directors, and staff accountants. CPAs in public practice also attend to gain a broader
perspective of the clients they serve.
The conference speakers, affiliated with Executive Education, Inc., are experienced professionals. Each holds an MBA and other
credentials, including CPA. As skilled educators in the field of business & industry who received high ratings in 2013, they
successfully present their programs to a number of state associations. The steering committee reviewed various sessions they offer
and selected those designed to provide a competitive advantage for participants and most relevant to the target audience.
The conference facility - @ Arrowhead – received kudos in 2013, and so we are returning, and Dan Crumb, CPA, CGMA, the Chief
Financial Officer, returns as the conference chair. There is a networking reception again in a location that is generally “off limits”
to the public, so there is additional excitement added to the conference sessions and networking.
07:55 – 08:05am Welcoming Remarks by Dan Crumb, CPA, CGMA, Conference Chair
08:05 – 08:55am Sharpening the Saw: Why Successful Companies are Learning Organizations (Management) John L. Daly, MBA, CPA, CMA, CPIM, Executive Education, Inc., Chelsea, MI
In many organizations, the accountant’s annual 40 CPE hours represents the most learning for any group of team members. This may mean that the whole company is falling behind its competitors. Today, the greatest compliment that you can pay a company is to say it is a “learning organization.” Come hear nationally recognized speaker, John L. Daly, talk about how to make continuous learning affordable and why your company must be a learning organization.
08:55 – 09:45am Twelve Attributes of Adaptive Cultures (Management) Dan Chenoweth, MBA, CPA, Chenoweth & Associates, Loveland, CO Prior success does not necessarily equate to future success. However, many companies try to live in a world that no longer exists. Kodak is a recent example. Kodak invented digital photography but was slow to convert their old film-based business model to this new technology, eventually declaring bankruptcy.
Repeatedly, companies cling to the past too long, even when faced with strong evidence that their old ways no longer work. Organizations must be adaptable, constantly scanning the external environment to determine when it is necessary to change products and then seamlessly make the change. This session will define the concept of “organizational culture,” discuss the strengths and weaknesses of having a strong culture, and conclude by discussing the twelve attributes of adaptive cultures.
PILLARS of the ECONOMY & THE PROFESSION
KSCPA & KSGFOA Members $310.00 - Non Members $360.00
Designed for 16 hours CPE and Yellow Book Credit
One-day registrations available-Members $190.00 & Non Members $220.00
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SCHEDULE OF EVENTS (cont.)
Breakout Sessions
09:45 – 09:55am Break
09:55 – 11:35am A. Principled Negotiations: “Getting to Yes” (Management) Don Minges, MBA, DLM Consulting, Charlotte, NC Every transaction between two individuals is a negotiation. According to negotiation guru Chester Karrass, “In business as in life, you don’t get what you deserve, you get what you negotiate.” Often we view negotiations as a competition with one side “winning and the other “losing”. Principled negotiation is a better method that seeks to have both parties come out ahead. This session will examine best negotiation practices providing participants with ways to “get to yes” faster and build lasting relationships.
B. Resolving Ethical Conflicts (Ethics)
John L. Daly, MBA, CPA, CMA, CPIM, Executive Education, Inc., Chelsea, MI At some point in his or her career, every financial manager will face a choice of doing the right thing or taking the easy way out. Skillful handling of an ethical conflict can make a big difference in the trajectory of your career.
This session discusses:
Standards and techniques for resolving ethical conflicts
How to have a conversation about a tough issue and still keep your job
What to do when talking fails This session could save your job and your career!
11:35 – 12:40pm Conference Lunch & Bonus Session Cybersecurity: Impact to the Risk Landscape for Businesses Michael Born, JD, Lockton Companies, Kansas City MO The age of technology has changed the way organizations operate. Digital tools allow more creativity in product development, data management, advertising and communications. Accountants and other professionals are reaching out to clients in new ways. At the same time, digitization and the way it permits entities to gather, create, distribute and store information has altered the risk landscape in fundamental ways. This presentation will explore the new risks that professional firms and other organizations are facing and discuss ways to mitigate and transfer these exposures. Attendee Takeaways: 1. What data handled by my organization is protected by law or regulation. 2. Other than confidential data, what are my network security exposures. 3. What are the costs and other exposures if this protected information is exposed 4. What do I need to know about payment card processing exposures and PCI compliance in the light of
Target and other large retail breaches. 5. How do I know if I have the right policies and procedures to protect confidential information and
respond to a breach. 6. How does cloud computing affect this exposure 7. What insurance products are available to cover this exposure
12:40 – 2:20pm A. How Good Companies Become Great (Management)
Dan Chenoweth, MBA, CPA, Chenoweth & Associates, Loveland, CO Some business writers are calling Jim Collins’ books Good to Great and Great by Choice the best business books so far in the 21
st Century. Well-researched and widely read, Collins’ findings dispel many long-held
business myths. This session will review Collins’ research, compare it to other research and then discuss the implications for management teams that want to make the transition from being merely good to truly great.
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B. Black Swans: Prepare for the Unexpected (Auditing) Don Minges, MBA, DLM Consulting, Charlotte, NC Did you ever hear the phrase, “What you don’t know can hurt you”? Nassim Nicholas Taleb, in his book The Black Swan, postulates that it is exactly what we don’t know that can hurt us the most. The risks we need to be most concerned about are the risks we cannot identify or predict. Taleb terms these risks as “Black Swans”. In this session we will describe some historical black swan events and, more importantly, discuss how accountants and their organizations can be prepared for a future we cannot even envision.
02:20 – 02:30pm Break
02:30 – 04:10pm A. Communicating Financial Information to Non-Accountants (Management) John L. Daly, MBA, CPA, CMA, CPIM, Executive Education, Inc., Chelsea, MI Do you ever get blank looks when you present your company’s financial statements? Does your board nod knowingly after your presentation, but never seems to have any meaningful questions? It could be that they have no idea what you are talking about and are just pretending to understand! Learn how to connect with your CEO, board, fellow managers, and other employees so they understand your message. Learn to motivate them to action. Come hear a veteran CFO tell you how.
B. Lean Accounting (Management) Dan Chenoweth, MBA, CPA, Chenoweth & Associates, Loveland, CO
Many accounting departments generate volumes of information that is of little use to anybody. Lean Accounting begins with examining the needs of the user, focusing effort on the aspects of financial management providing real value to the company. Come hear how to improve accounting processes while reducing the amount of effort required.
04:10pm Adjourn to Reception 04:10-05:30pm Networking Reception at the Kansas City Chiefs Hall of Honor
SPEAKER BIOS
Dan Chenoweth, MBA, CPA, helps clients take their strategy to the bottom line through rigorous project management and change management techniques. He has held executive level positions in general management, accounting and finance in a number of industries including telecommunications, printing and publishing, heavy equipment manufacturing, and apparel manufacturing. Dan lives in Loveland, Colorado and is a former Colorado Society of CPAs board member.
John L. Daly, MBA, CPA, CMA, CPIM, is a Chelsea, Michigan-based management consultant specializing in costing, pricing strategy and pricing model development. He has taught continuing professional education courses since 1995. Earlier in his career, John was Chief Financial Officer for a Tier 1 automotive parts supplier, CFO for a large restaurant chain and COO for a window treatments manufacturer and retailing chain. He is the author of Pricing for Profitability, published by Wiley & Sons, Inc.
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SPEAKER BIOS (cont.)
Don Minges, MBA, is a fractional CFO who worked in diverse industries at various development stages. He has experience in profitability enhancement, strategic planning, venture capital, mergers & acquisitions, consulting, turnarounds, economic forecasting, cost accounting and financial analysis. Don has experience raising equity for several growing firms and has invested equity capital into promising businesses. He has served on the board of Directors for many firms. He graduated with highest honors from the Fuqua School of Business at Duke.
Michael Born, JD, is Vice President and Account Executive for Lockton Companies in Kansas City, providing expertise in the areas of data security, privacy liability, media and specialty errors and omissions insurance. He is also a member of Lockton's Global Technology and Privacy Practice.
Mr. Born has over 20 years of experience in the professional liability insurance industry including positions as Senior Vice President and Manager of Underwriting at ThinkRisk Underwriting Agency, Vice-President of Claims at Axis Pro and Media/Professional insurance and in-house counsel for Zurich American and American Family Insurance. Before entering the insurance business directly, Mr. Born spent several years in private legal practice focusing on insurance related matters.
Mr. Born is a graduate of Boston University School of Law, where he earned his J.D., and Washburn University in Topeka, Kansas where he earned a B.A. Cum Laude in philosophy and political science.
Mr. Born is based in the Kansas City offices of Lockton at 444 W. 47th Street in Kansas City, MO. His e-mail is [email protected] and phone is 816 960 9975.
