Rocky MountainArea Conference

2011

For Finance and Accounting ProfessionalsRegister at: www.accountingconference.org

Thursday, September 22, 2011Friday, September 23, 2011Arvada Center6901 Wadsworth BoulevardArvada, Colorado 80003

Presented By:

For more information and updates, please visitour website at www.accountingconference.org

CPE credits are based on a 50-minute hour. Participants must remain in a particular session for at least 50 minutes to earn a minimum of 1 CPE credit. Under current Colorado State Board of Accountancy guidelines, all active Colorado licensees must complete 4 hours of Colorado Rules and Regulations or an ethics course, in every two year reporting period, to maintain their license in an active status. All attempts have been made to ensure that these classes qualify for CPE credit under the rules of the Colorado State Board of Accountancy. Attendees have the responsibility to ensure that the classes they attend conform to the CPE credit guidelines and policies of the association managing their certification or the state issuing their license.

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16 Hours of Continuing Professional EducationIncludes Colorado Qualifying Ethics (CQE)

Keynote SpeakersRobert S. Tipton – Change Is Hard...(Until it Isn’t): Overcoming the Eight Great Barriers to ProgressSandra Ford Walston – Courageous Leadership - the Ethical BehaviorsLuke Wyckoff – Social Media and Business - Who Cares?Sheri L. Betzer – Mayhem & Motives: The True Tales of Fraud Perpetrators

Corporate Sponsors

Keynote Speakers

Luke Wyckoff is CEO of Social Media Energy (SME) and the leading expert in Social Media and the future of technology in business. SME is the nation’s fastest growing outsourcing company for “online reputation management.” Luke has built a reputation for simplifying the technically confusing into a humorous and easy to understand format. As coach for CEOs of Fortune 500 companies to growing pre-funded companies hoping to explode, Luke returns to teach about the truths and falsehoods of technology.

Robert S. Tipton is a 30+ year veteran of facilitating positive, visionary, and enduring change in organizations worldwide. Robert is CEO of Change Management Pro, and has published 300+ articles, 15 white papers and two books related to innovative change management. He is a past president of the Institute for Certification of Computing Professionals, and is a professional member of the national speakers association.MORE: www.ChangeManagementPro.com

Sandra Ford Walston is the innovator of StuckThinking™ and principal of a 16-year-old learning and organizational effectiveness consulting firm. With thirteen years of original research in integrating courage behaviors, courageous leadership, women’s courage and non-gender integral levels of courage consciousness, she focuses on the traps and tricks of the human condition. Sandra believes that integrating courage actions at work leads to a naturally propelled and happy employee, resulting in reduced attrition, increased team effectiveness and improved bottom-line performance.

Sheri L. Betzer is a Certified Public Accountant (CPA) in the state of Colorado and a Certified Fraud Examiner (CFE). Sheri has assisted prosecutors, plaintiff’s and defense counsel in their case development and strategies, testified in civil and criminal litigation involving white collar crimes and provided in-depth fraud investigations for private companies.

Luke Wyckoff

Robert S. Tipton

Sandra Ford Walston

Sheri L. Betzer

2011 RMAC Conference ScheduleThursday, September 22, 2011

TimeAccounting/Auditing

Corporate Finance/Taxation

Management/Leadership

Special Topics

7:00 - 7:30

7:30 - 7:40

7:40 - 8:30

8:45 - 10:25

10:40 - 12:20

12:20 - 12:50

12:50 - 1:20

1:20 - 2:20

2:50 - 4:30

2:20 - 2:50

Registration and Continental Breakfast, Sponsored by: Hein & Associates

Welcome and Opening Remarks

Keynote Speaker - Robert S. TiptonChange Is Hard...(Until it Isn’t): Overcoming the Eight Great Barriers to Progress

Accounting Standards Update

(*I)

IFRS Update

(*I)

Vendor Visitation

Lunch

Keynote Speaker - Sandra Ford WalstonCourageous Leadership — The Ethical Behaviors

Vendor Visitation

CPA Ethical Duties Under SEC Final Whistle Blowing

Regulations

(*B)

Moving to the Cloud

(*I)

Retirement Readiness:What Does It Mean and How

You Can Impact It

(*I)

Accounting and Finance Hiring and

Compensation Outlook

(*B)

*NASBA Experience Ranking Code: *B = Basic *I = Intermediate *A = Advanced

Top 10 Tax ConsiderationsFor Growing Companies

(*I)

Activity Value Management, Achieving Breakthroughs in Operational Performance

(*I)

XBRL and 404

(*B)

Doing Business in China

(*I)

How to Manage Your Online Marketing Without Getting

Overwhelmed

*B)

Estate Planning and Administration

(*I)

No Prerequisites Required.

(*B)

(*B)

TimeAccounting/Auditing

Corporate Finance/Taxation

Management/Leadership

Special Topics

7:00 - 7:30

7:30 - 7:40

7:40 - 8:30

8:45 - 10:25

10:40 - 12:20

12:20 - 12:50

12:50 - 1:20

1:20 - 2:20

2:50 - 4:30

2:20 - 2:50

Registration and Continental Breakfast, Sponsored by: Hein & Associates

Welcome and Opening Remarks

Vendor Visitation

Lunch

Vendor Visitation

2011 RMAC Conference ScheduleFriday, September 23, 2011

Keynote Speaker - Luke WyckoffSocial Media and Business - Who Cares?

*NASBA Experience Ranking Code: *B = Basic *I = Intermediate *A = Advanced

DeconstructingSSAE 16/SOC1

(*A)

Lease Accounting

(*I)

Keynote Speaker - Sheri L. BetzerMayhem & Motives: The True Tales of Fraud Perpetrators

Colorado Rules and Regulations

(*B)

Guide to PublicReadiness

(*I)

Colorado Salesand Use Tax

(*B)

Quickbooks ClientData Review

(*I)

A Director’s Cheat Sheet:Performing a Due Diligence

Review of Form 990

(*B)

Fraud Deterrence and Prevention - 10 Strategies

That Work

(*I)

Address the Retirement Asset in Estate Planning

(*I)

Individual Tax Update

(*I)

Enterprise RiskManagement

(*I)

The Process of Workplace Investigation

(*I)

No Prerequisites Required.

(*I)

(*B)

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Accounting Standards UpdateR. Steve Van Meter

IFRS UpdateBrent Peterson

Update on recently issued FASB and AICPA accounting standards.

Often SSAE 16 reports (formerly SAS 70) are seen as check the box reports. Either a service or-ganization has one or does not. Seldom are the reports reviewed in detail. Often they are misused and sometimes even contain significant errors and omissions. This presentation will cover these areas as well an overview of SSAE 16, why the change from SAS 70, the importation role of internal audit, and alter-native reports to SSAE 16.

History has provided some in-teresting stories of greed as a primary motive for stealing. But what does it tell us about devious behavior as a driven force behind their actions? We will review the possible links between fraudsters and their deviant conduct towards vulnerable victims. You might have the next big fraudster in your sites by identifying their unacceptable behavioral traits.

Get updated on the status of IFRS adoption in the US. Gain an understanding of the major convergence proj-ects expected to be finalized before year-end and more.

DeconstructingSSAE 16/SOC1Newel Linford, Nicole A. Hemmer

Mayhem & Motives: The True Tales of Fraud PerpetratorsSheri L. Betzer

CPA Ethical Duties Under SEC Final Whistle Blowing Regulations (CQE)Kevin O’Brien

Course Outline Includes: Whistle blowing protections and boun-ties after FINREG legislation and SEC Final Regulations; contro-versial provisions including the right to whistle blow without us-ing the company’s internal whis-tle blowing procedures; which CPAs and other professionals are allowed to whistle blow to the SEC legally; which CPAs are allowed to collect a reward for whistle blowing on a client or an employer; and an analysis of the CPA’s ethical consider-ations in whistle blowing to SEC.

Lease AccountingRob MaCoy

Colorado Rules and Regulations (CQE)Rosemary Weiss

Introduction of Exposure Draft on Leasing. Illustrate some results of the new account-ing. Highlight challenges you may face as a result.

Course Objectives are to: Famil-iarize and update participants with the Colorado Board of Ac-countancy Statutes, Rules, and Regulations and to apply these bodies of law to practical ev-eryday experience for a CPA in public, private, and government practices; review and analyze actual State Board of Accoun-tancy cases in order to learn the complaint, investigative, and le-gal process of the Board; and en-able participants to understand the ramifications of this process.

2011 RMAC Conference ScheduleAccounting/Auditing Course Descriptions

For more information and updates, please visit our website at www.accountingconference.org

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Top 10 TaxConsiderations for Growing Companies Mike Abramovitz

Individual Tax UpdateVictoria Marschner

Colorado Sales and Use TaxPanel Discussion

Retirement Readiness: What Does it Mean and How You Can Impact ItTom Kmak, Michele L. Suriano

Doing Business in ChinaDr. Kenneth Gordon, Hai Yan Zhang, Jim Wilson

A Director’s Cheat Sheet: Performing a Due Diligence Review of Form 990John Haeck

With taxes among the top three expenses for most organiza-tions, managing the size of a business’s obligation to the U.S. and state taxing authorities could mean the difference be-tween a good year or one where the business loses ground. Man-aging tax functions in light of growth initiatives takes ongoing attention to minimize tax bur-dens and maximize cash flow. We’ll cover 10 considerations for growing businesses to focus on as expansion goals are pursued.

This session discusses the fol-lowing topics: The Chinese Business Climate, Chinese Supply Chain Management & Regulatory Compliance, Nego-tiating with the Chinese, Com-municating Effectively with the Chinese Working Environment, and Summary tips on “Do-ing Business with Chinese”.

Do you really know whether your employees will be ready to move from your payroll to their “replacement income” at retire-ment age? This session will ex-plain the fundamental concepts of how to calculate Retirement Readiness taking into account the complexity of Social Security and post-retirement issues. In addition we will discuss how plan design can be optimized to help as many participants as possible have enough money to retire.

We will dispense with the Power Point style of presentation. In-stead, each participant will receive a case study hand-out, as well as a checklist of information items to check out. We will learn about how income and expenses are reported and what a reader should look for,Particularly as these things reflect themselves in fund raising event and functional expense reporting. We will look at how the IRS reflects its interest in governance practices, paying particular attention to con-cepts of “reasonable compensa-tion” vs. “Excess benefit”, as well the concept of “independence”.

This session is an update of cur-rent tax developments for indi-viduals and small businesses. Guidance for tax preparers to maneuver these changes will be highlighted. An update of the in-dividual tax law changes to date. A brief discussion of pending tax law changes will also be covered.

This course will include infor-mation presented by the Colo-rado Department of Revenue and three home-rule cities. A panel discussion regarding the laws affecting Colorado tax-payers when doing business in each jurisdiction and the myths surrounding state and state-collected jurisdictions versushome-rule cities will also be discussed.

2011 RMAC Conference ScheduleCorporate Finance/Taxation Course Descriptions

16 Hours of Continuing Professional Education as low as $325. Early bird registration discount if submitted by 8/19/11.

How to ManageYour Online Marketing Without Getting OverwhelmedDarci Davenport Barlow

Change Is Hard...(Until it Isn’t): Overcoming the Eight Great Barriers to ProgressRobert S. Tipton

As Search Engine Optimization and Social Media increases in popularity and remains a mystery to many, this session will breakdown the key areas needed to leverage your busi-ness efforts online. You will be able to walk away from this pre-sentation with practical applica-tions to help you jump start your business online. This presentation is intended for business owners and IT specialists who have an understanding that the Internet is here to stay and recognizes, if done correct, ROI can be gained through online Marketing.

Expanding awareness leads to new, innovative possi-bilities. Shifting attitudes will break through historical bi-ases. Effective actions lead to power- filled outcomes. Per-vasive leadership accountabil-ity ensures enduring results.

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Activity Value Management ThroughAchieving Breakthroughsin Operational PerformanceBrian Higgins

Activity Value Management represents the next generation of revenue and cost manage-ment that effectively integrates quantitative financial data with qualitative stakeholder experi-ences. AVM ® responds to management needs by provid-ing an unparalleled perspective of financial and operational per-formance not available through any other cost management approach deriving fact-based solutions to some of a manage-ment’s most pressing issues.

Moving to the CloudGary Hornyak

Confused about Cloud Comput-ing? Will it save you time, money and staff? At the end of the pre-sentation you will have enough information to decide on what is best for your company. Topics covered include: What is cloud computing? Types of clouds and cloud services. Terms and definitions you will need to know. Cloud benefits and ad-vantages. Cloud risks and things to be aware of in cloud services.

Fraud Deterrence and Prevention - 10 Strategies That WorkJohn Hall

Enterprise Risk ManagementBill Everett

Recent corporate meltdowns, the Dodd-Frank Act, and new SEC disclosure requirements have caused public company boards of directors to focus on risk management more than ever before. In addition, the role that boards of directors plays in the oversight of risk manage-ment continues to be a priority for investors. However, identify-ing, assessing, and managing the risks that affect a company’s day-to-day operations is a sig-nificant undertaking. It often involves not only measuring the risk a company may be incur-ring, but also implementing the processes and controls that enable continued monitoring.

Recent corporate meltdowns, the Dodd-Frank Act, and new SEC disclosure requirements have caused public company boards of directors to focus on risk management more than ever before. In addition, the role that boards of directors plays in the oversight of risk manage-ment continues to be a priority for investors. However, identify-ing, assessing, and managing the risks that affect a company’s day-to-day operations is a sig-nificant undertaking. It often involves not only measuring the risk a company may be incur-ring, but also implementing the processes and controls that enable continued monitoring.

Guide to Public ReadinessScott Kirk

Courageous Leadership-The Ethical BehaviorsSandra Ford Walston

This session will discuss:the public company readiness process, accurate financial reporting, efficient financial close, compliance, risk man-agement and corporate gover-nance considerations, a scal-able IT environment, and legal and procedural considerations

Courageous leadership providesthe impetus, knowledge andfortitude to solve problems atall levels and enhance orga-nizational effectiveness and job performance. Courageous leadership is a state of mind. Particularly during times of un-certainty, courage behaviors reflect ethical behaviors, such as seeing yourself as a leader no matter your role or position, confronting an uncomfortable truth/issue like admitting you made a bad hire or not being afraid to take negative action.

2011 RMAC Conference ScheduleManagement/Leadership Course Descriptions

For more information and updates, please visit our website at www.accountingconference.org

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XBRL and 404James Poage

Estate Planning and AdministrationBeth Mitchell

Accounting and Finance Hiring and Compensation OutlookEric Peters, Dan Hollenback

Addressing the Retirement Asset in Estate PlanningJanine Guillen, Francis Brown

The SEC has determined under Rule 33-9002 that “…Interac-tive data would fall within the definition of ‘disclosure con-trols and procedures.’” This discussion will review the ne-cessity for the design and test-ing of the controls required as outlined in the AICPA’s State-ment of Position 09-1. These controls are essential for main-taining the “good-faith” com-pliance required under Rule 33-9002 in order to eliminate the strict liability for XBRL fil-ings which would otherwise be effective for Senior executives.

Discussion will include probate, probate avoidance techniques, beneficiary designations, and trust administration, including paying creditors, appointment of fiduciaries, wills, trusts, distribu-tion of property, and taxation of trusts and estates. Discussion will also touch on planning for incapacity and how proper es-tate planning can aid in obtain-ing governmental benefits such as Medicaid and VA benefits to cover the cost of long-term care.

Learning Objectives: Get up-to-speed on the latest salary and employment information avail-able. Benefit from extensive research to learn about the average starting salaries for financial professionals in or-der to gain a competitive ad-vantage in today’s economy.

Many people hold much oftheir wealth in qualified plans and individual retirement ac-counts (IRAs). Such assets pres-ent income tax, estate tax and penalty tax traps of which you should be aware.  Traditional methods of dealing with retire-ment accounts often result in far from optimal consequences. By understanding options, trusted advisors will be equipped to help clients achieve maximum benefits with retirement assets.

The Process of Workplace InvestigationAutumn L. Lowry

The Process of Investigation™ training examines the methods, tools, and legal limitations of modern fact-finding. The train-ing focuses on the tips and legal pitfalls that often make the dif-ference between a successful investigation and a catastrophic one. In this highly informative, face-paced session, attend-ees will learn how to conduct proper and effective workplace investigations and obtain the highest possible returns on in-vestment from every investiga-tion. The program will focus on the phases and components of a successful investigation, the fundamentals of fact-finding, and how to properly man-age an internal investigation.

Quickbooks Client Data ReviewMarilyn Sudbeck

Social Media and Business — Who Cares?Luke Wyckoff

Client Data Review is a power-ful new feature of QuickBooks Accountant Edition designed to help you clean up your clients’ books. You can save as much as 90% of the expected time to get a messy file in order. Course will include an actual file where the users had only income accounts on the P&L and no expense ac-counts. The entity had been us-ing QuickBooks since 1996. See before and after versions of the P&L and see how you can use this same feature for your clients.

Is it hype or is it real? Are com-panies actually seeing ROI using tools like Facebook and Twitter? When you see Ford and Toyota dumping 400 million dollars into social media – where does the money go? These questions as well as many others will be explored in this fun, upbeat pre-sentation about Social Media.

2011 RMAC Conference ScheduleSpecial Topics Course Descriptions

16 Hours of Continuing Professional Education as low as $325. Early bird registration discount if submitted by 8/19/11.

16 Hours of Continuing Professional Education

Concurrent SessionsAccounting/AuditingCorporate Finance/TaxationManagement/LeadershipSpecial Topics

Rocky MountainArea Conference

2011

Thursday, September 22, 2011 & Friday, September 23, 2011 at the Arvada Center

2011 RMACPO Box 454Wheat Ridge, CO 80034www.accountingconference.org

Postage

For Finance and Accounting ProfessionalsRegister at: www.accountingconference.org

Corporate Sponsors