April 21, 2013 , Volume 5, 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.

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 webmaster@imamichigan.org .

Joe Nycum

Michigan Council News

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

President's Message:  Anne Meehan, Council President 2012-2013


What a year!  It has been an honor and a privilege to serve the IMA organization and work with so many talented and dedicated people on the Michigan Council.  Each of the Council members have been long term IMA members with a wealth of knowledge.  Many of them serve at the National level often elected to various boards and committees.  This involvement allows our Council and thus our chapters to be knowledgeable about all topics that affect us.  We have input in critical matters through our representation at the National level.


A Look Back

We have, once again, achieved much this past year.  We helped support students from MSU, GVSU and EMU attend the IMA Student Leadership Conference.  Our support of the future generation of CMA’s did not stop there as we also supported the Michiana Student Conference.  Thanks to the dedication and hard work of my fellow Council members we were also able to provide another successful Annual Conference with dynamic speakers and relevant topics.  The Global IMA demonstrated its support of the IMA Michigan Council by the presence of William Knese, the 2012-2013 Chair Elect. 

A Look Ahead

Although my term in drawing to a close, the future of the IMA in Michigan is exciting!  Plans are well underway for a high impact Annual Conference in 2013!  Mark your calendars now for October 28, 2013.  For those wanting to gain some valuable knowledge, while taking in all of the excitement New Orleans has to offer, consider attending the IMA’s 94th Annual Conference & Exposition from June 22nd through June 26th, 2013. 

But There is No Time Like The Present

As always, the Council and its members are here to serve the IMA Community.  Please feel free to contact any of the members should you need assistance finding a local chapter.  With eight active IMA chapters across the state, I urge you to attend chapter meetings – Get Involved!  Network! Grow Personally!  Grow Professionally!

Read Anne's complete message

Anne Meehan

President of the IMA Michigan Council

2012 - 2013


Michigan Council Wins 16th Council of Excellence Award

May 17, 2013 —16 Straight!

On May 17, 2013 Jenna Uszenski, Community Engagement Leader, IMA Global sent a note to congratulate the Michigan Council on winning the " Award of Excellence" in the 2012 - 2013 competition.  Our Council has won this award 16 consecutive years and 17 time out of the past 20 years. Only six of the twenty-four regional councils in the United States are selected each fiscal year for their extraordinary performance.  [Read the entire article]

IMA Global Director, Sue Bos Offers Advice to Students Seeking Positions
Sue Bos, CMA, CPASusan E. Bos, CMA, CPA is an IMA Global Board of Directors member. She’s held many IMA volunteer posts with IMA over more than 25 years. Her offices have included Ann Arbor Chapter President, Michigan Council President and National Vice President. She has chaired IMA National Committees, and served several times on the IMA Global Board of Directors.  Sue remains very involved with the Michigan Council of IMA and her chapter. She works on behalf of accounting and finance students at her own Ann Arbor Chapter, and through the Michigan Council. She serves on several academic advisory boards at Eastern Michigan University, in Ypsilanti.  In her profession, Sue is Tax and Accounting Manager for the Washtenaw County Treasurer’s Office in Ann Arbor. In that role, she is experienced in hiring entry-level accountants and interns, as well as experienced accountants.

In a recent interview for IMA’s publication, “Campus Connection”, Sue was asked for her insights into the accounting profession, and for students who are preparing to enter accounting professions.

[See the full interview at: Campus Connection.]

Register Now for CMA Review Courses

Take the next step toward becoming a Certified Management Accountant (CMA), Cleary University has the program for you.  Cleary University is the only institution in Michigan to offer the Certified Management Accountant Learning System, developed by the Institute of Management Accountants.

Winter classes are in progress so watch Cleary University's website to enroll in the Fall 2013 and Winter 2014 CMA Review Courses.  Plan your review so that you are prepared to take CMA exams in Jan & Feb, May & Jun, and Sep & Oct.

[READ MORE AT http://www.cleary.edu/cma]


Chapter News

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

Ann Arbor Chapter News

The Ann Arbor Chapter's next meeting will be held on Thursday, May 16, 2013.  Guest Speaker, Dr. Robert Okopny of EMU will present "Economics and Internal Audit".

Visit the Ann Arbor Chapter site at http://www.imamichigan.org/annarbor .

Detroit Chapter News

The Detroit Chapter's next meeting will be Friday, May 17, 2013.  This will be a social event taking place on a Detroit River Boat Cruise.  Congratulations to the Detroit Chapter for winning the 8th Place Award in the Stevenson Division!

For more information on the Detroit River Boat Cruise, employment opportunities, and other Chapter news follow this link.

Visit the Detroit Chapter site at http://www.imamichigan.org/detroit

Michiana Chapter News

The Michiana Chapter just finished successfully hosting the 2nd Annual Student Conference.

The Chapter's next meeting will be Technical Meeting covering Ethics and is scheduled for Tuesday, May 21, 2013.  Congratulations to the Michiana Chapter for winning the 13th Place Award in the Warner Division!

Visit the Michiana Chapter Site at http://www.imamichigan.org/michiana

Grand Rapids Chapter News

The Grand Rapids Chapter has regular scheduled meetings that feature guest speakers who present on relevant topics to the Accounting and Finance Profession.  Check the Chapter's website for current news.

Visit the Grand Rapids Chapter Site at http://www.imamichigan.org/grandrapids

Kalamazoo Chapter News

The Kalamazoo Chapter has regular scheduled meetings that feature guest speakers who present on relevant topics to the Accounting and Finance Profession.  The chapter just completed its 2012-2013 program year.  Planning for the 2013-2014 program year will take place in May.

Visit the Kalamazoo Chapter Site at http://www.imamichigan.org/kalamazoo

Lansing-Jackson Chapter News

The Lansing-Jackson Chapter's next scheduled meeting is Monday, April 22, 2013 featuring guest speaker, Mathieu Dube', MBA, CPA Fiscal Health Specialist Michigan Department of Treasury.  Mathieu will speak on "Local Government Fiscal Responsibility and Michigan's Emergency Financial Manager Law".

Visit the Lansing-Jackson Chapter Site at http://www.imamichigan.org/lansing-jackson

Upper Peninsula Chapter News

The Upper Peninsula Chapter is hosting the Superior Accounting Conference 2013 on Friday, May 3, 2013.  Follow this link to view the complete conference schedule.

Visit the Upper Peninsula Chapter site at http://www.imamichigan.org/upperpeninsula

Saginaw Valley Chapter News

The Saginaw Valley Chapter has regular scheduled meetings that feature guest speakers who present on relevant topics to the Accounting and Finance Profession.  The last meeting meeting agenda for the 2012-2013 program year included handing out awards to top students, CMA Achievers, and for reaching membership milestones.

Visit the Saginaw Valley Chapter site at http://www.imamichigan.org/saginawvalley


IMA Global News

The following news items of interest come from the Global IMA website.  Follow the links after each of the following paragraphs "Read more" to view the full article.

What Are Your Priorities?

This article written by IMA Chair, John C. Macaulay, CMA provides guidance for Accountants who find it difficult to establish a work/life balance especially when technology makes it seem as though we should be available 24/7 for anyone who wants to contact us.

Read more on page 6 of the April issue of Strategic Finance magazine.

Reverse Mentoring - Something for Everyone!

By C.S. "Bud" Kulesza, CMA, CFM, and Daniel Smith, CMA, CPA

If you haven't heard of revere mentoring, it's exactly what it sounds like - a younger individual mentors someone older.  Jack Welch, former CEO of General Electric, has often been credited with popularizing reverse mentoring.  He believes, as many do, that "everyone in the organization brings something to the table." 

Read more on page 21 of the April issue of Strategic Finance magazine.

Your Prized Executive Is Leaving.  Now What?

By John R. Ledgerwood, CMA, CFM, CPA, and Stephen N. Morgan

Succession planning is a hot topic that receives a great deal of attention whenever there's a change of management at a Fortune 500 company, but it's too often forgotten about in the day-to-day operations of a business.  In reality, succession planning is a requisite hurdle that any firm must address if it's to be successful in the long term.

Read more on page 41 of the April issue of Strategic Finance magazine.

Continuing Education Webinars

Take time to check the IMA Global website to see what webinar topics are scheduled each month.  There are two webinar series:  The Inside Talk webinar series explores relevant topics from your profession and delivers timely information to broaden your knowledge and improve your performance.  The Leadership Academy series focuses on building the future of the accounting and finance profession by empowering its members and creating the profession's future leaders.

The next IMA Inside Talk webinar "Best Practices in Financial Reporting" is scheduled for Thursday, May 2, 2013 at 1pm ET.  Presenters:  Bryan Dehmler-Buckley, Principal Product Manager of Host Analytics and Annie Thompson, Director of FP&A, Flow International Corporation will discuss ways to improve communication to the markets or your management team through your financial reporting package.

Read more and/or Register

Visit the IMA Career Center

This area of the IMA Global website helps connect members with new employment opportunities.  Job seekers can post resumes and set up email alerts.  Employers can post jobs and view IMA member resumes.

Read more and/or Create an Account



Copyright 2011 Michigan Regional Council of The Institute of Management Accountants (IMA)