Spring 2010 , Volume 2, Issue No. 4

From the Editor

This web-based newsletter serves as notice of our quarterly board meetings and communicates news of Council activities to our board and chapters. News items are shown with headlines and a short intro, linked to the full article on our Michigan Council web pages. News occurring between quarterly newsletter issues will be posted on our Council website, so please check there regularly, too. The website contains a schedule of all posted chapter meetings. You can find that at .

Our newsletter mailing list includes all the current council board, active past council presidents, chapter delegates, chapter presidents. and others who would like to receive this communication. We encourage you to let us know what you think. Please contact us at .

—Lee Bennett

Michigan Council News

Please follow the links below to read each article in full.

Message from 2009-2010 President, Chris Mishler

As the new year progresses, we find ourselves more than halfway through the IMA’s competition year.  It is a good time to take stock of the accomplishments the Michigan Council and its Chapters, boards, and members have made.  Even at the national level, the IMA has seen some turnaround in the pace of membership growth at the chapter level.

Consider some of the exciting activity in the Council's sphere of influence...


2010 Annual Fall Conference Planning Has Begun

After a record turnout of over 160 people at the 8th Annual IMA Michigan Fall Conference Thursday, October 29, 2009, the wheels start turning again, in anticipation of another fine conference in 2010. If you were at the 2009 conference, you'll know. If you weren't, you should be sure to plan on our 9th Annual Fall Conference on Monday, October 25, 2010. Note the change in day of week for this year's conference. Please watch our website for further details, as planning proceeds.

If you have ideas for speakers or topics, our planning committee would be very interested in your thoughts. Now is the time to contact incoming Council President, Chuck Phillips, with your input.

Spring is Coming!

I really  look forward to the change of seasons, here in Michigan.  My favorite transition is always from Winter to Spring, and all the rebirth occurring around us.  The dirty snow disappears, little green shoots appear... soon to become grassy lawns and spring flowers.  We also undergo a spiritual rebirth, regardless of religious affiliation, in our own natural life cycle.  It’s a great time to make resolutions, review and renew commitments, look to the future and set new goals for ourselves.


Grand Rapids Chapter News

Michigan Council President, Chris Mishler, will speak on spreadsheet controls at the Chapter's March meeting.

The Grand Rapids Chapter and Institute of Internal Auditors cosponsored a job fair / career event in February.  In spite of a bad snow storm, there were 167 students and 10 companies registered for the event. Kim Korth, the President of IRN, was a Guest Speaker.  Scholarships were also awarded.


Michiana Chapter News

Michiana Chapter President, Brenda Engel reported that the Chapter's mentoring program has

16 students actively participating.  The program is a great way for students to learn, get feedback and expand their career opportunities through a mentoring relationship with experienced IMA Accounting and Finance Professionals.


The Detroit Metro Chapter Invites You to Attend

On March 18, 2010, the Detroit Metro Chapter will hold an all-day seminar, with 6 hours of CPE at the Crowne Plaza Hotel, 8000 Merriman Rd. (near Metro Airport), Romulus, MI. Featured speakers will include IMA President, Jeff Thomson; President and Founder of the Lean Accounting Summit, Jim Huntzinger; and performance management expert, Gary Cokins; as well as perennial Detroit IMA favorites, Ravi Nayar and Doug Hicks.

11th Annual IIA/ISACA Spring Conference

Presented by the Detroit Chapters of the IIA and ISACA the 11th Annual Spring Conference is scheduled for March 8-10, 2010 at the University of Michigan Dearborn Fairlane Center.   Participation is limited and registration will be accepted on a first come-first served basis.

Council President, Chris Mishler is speaking at the conference on March 10, along with Mike Hoye, Global Subject Matter Expert from Jefferson Wells on “Spreadsheet Controls and Audit-Ready Spreadsheets.”

Registration information and prices may be found on page 20 of the conference brochure. IMA members are invited!


IMA National News


The following news items of interest come from the National IMA site at Please visit that site for more news and information. To read the full articles below, just follow the "Read more" link after each article.

Nominee for IMA 2010-2011 Chair-Elect Position Announced

The Nominating Committee of the Institute of Management Accountants (IMA®) is pleased to announce its nominee for the Chair-Elect position for IMA’s fiscal 2010-2011 period (July 1, 2010 to June 30, 2011). Read more

IMA Chair John Brausch offers Five Tips for Improving Job Performance

As January 2010 has closed, most people find that the resolutions they so eagerly made on New Year’s Eve have gone the way of holiday decorations: vanished. But while you may have tumbled off the wagon with maintaining an exercise regime or ceasing an unhealthy habit, it’s never too late to begin practices that can improve your accounting career.

IMA Chair John Brausch, CMA, CPA, offers his top five tips to help accountants and other professionals improve job performance and career advancement:

Five Tips for Improving Job Performance (in PDF format )

Important changes to CMA program

ICMA announced an important and major change to the format and curriculum of the CMA exam program, beginning May 1, 2010.

Read more

New LinkUp IMA Online Social Network is Now Live!

IMA invites members to ioin LinkUp IMA, our exciting new online social network exclusive for IMA members. Click here to access.

IMA’s 20th Annual Salary Survey

Despite the economic crisis, IMA’s 20th Annual Salary Survey indicates that professionals holding IMA’s CMA certification have greater earning power – 24% higher in salary and 31% higher in total compensation – than their noncertified colleagues. These findings appear in the June 2009 issue of IMA’s Strategic Finance (in PDF format ).






Copyright 2009 Michigan Regional Council of The Institute of Management Accountants (IMA)