June 30, 2010 , Volume 3, Issue No. 1

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 http://www.imamichigan.org/events .

This issue is being distributed through ConstantContact.com. If you prefer, you can view our newsletter on our website. 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 webmaster@imamichigan.org .

Joe Nycum and Lee Bennett

Michigan Council News

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

Opening Message from 2010-2011 President, Chuck Phillips

Welcome to another Council year.  I am looking forward to helping the chapters and the members of the Michigan Council.  The Michigan Council is not just the fifteen or so board members.  No, the Michigan Council is all of the IMA members in the council area.  I, as your President, am here to assist both you and your chapter through the IMA experience...

[READ MORE AT imamichigan.org/message.html ]

Final Message from 2009-2010 President, Chris Mishler

As the outgoing president of the Michigan Council, I can express my gratitude for being allowed to serve in this capacity over the last year.  As we started out the year, we had goals and a vision that we were able to either achieve or make progress toward. Then we had some unexpected bonuses as well... 
[READ MORE AT imamichigan.org/message.html ]

Michigan Council Earns 13th Straight Council of Excellence Award

Once again , the Michigan Council of IMA has been selected Regional Council of Excellence Award winner. Just six of the twenty-four regional councils in the United States are selected for their extraordinary performance each fiscal year. Winning Councils must meet all expected performance requirements, plus demonstrate accomplishments above and beyond those. The national award was presented on Tuesday, June 8th, at IMA's 91st Annual Conference, in Baltimore, MD. Congratulations to 2009-2010 Council President, Chris Mishler and the entire Michigan Council board!

Visit our New & Updates page to read about national recognition for our chapters, too.

2010 Annual Fall Conference Planning Has Begun

Planning is well under way for the 9th Annual IMA Michigan Fall Conference Wednesday, October 25, 2010. Jim Horsch has so ably spearheaded planning and implementation of our first eight conferences, we have a very tough act to follow. But, incoming Council President, Chuck Phillips is up to the task, and leads a planning committee determined to produce another successful learning opportunity for our Michigan area members. We will again have 8 full hours of CPE for our members and guests, including 2 hours of Ethics CPE, which is the annual requirement for our certified members. We hope you will plan to attend this year's conference. Our previous conferences were held on Thursdays, so remember this year's conference falls on a Wednesday.

Most speaker slots are already filling up, but, we are still interested in ideas for speakers and topics for this year and the future. If you can volunteer to assist in any way, at the conference, please contact Chuck Phillips, with your input. Watch our Fall Conference page on the Michigan Council website, for details, as they develop.

Grand Rapids Chapter News

Grand Rapids Chapter President, Carol Van Dyke reported that Mary Bauman, from Miller-Johnson, will be Speaking on Health Care Reform at its September 21st meeting and Doug VanDer Aa, JD presenting a Tax Update at the October 19th meeting. 

With the assistance of Lee Bennett, the Grand Rapids Chapter will soon have a new website sponsored by the Michigan Council. The new site is available to view at http://www.imamichigan.org/grandrapids . The old site at imagr.org is still available to visit until the end of the month.

Michiana Chapter News

Michiana Chapter President, Brenda Engel reported that her Chapter honored Harlan Mettler, IMA Member Emeritus, by participating in the Relay for Life at the University of Notre Dame in April.  The event raised over $100k.  The Chapter has scheduled a golf outing with the Knute Rockne Memorial Kiwanis Club and proceeds will be donated to the River Bend Cancer Services.  The Chapter's Leadership Training Session and Planning Meeting is scheduled for Thursday, July 22nd.


IMA National News


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

IMA Announces 2010-2011 Chair-Elect

IMA is pleased to announce Brian L. McGuire, Ph.D., CMA, CPA, CBM, CITP as Chair-Elect for IMA’s fiscal 2010-2011 period (July 1, 2010 to June 30, 2011). Read more

10th Annual Student Leadership Conference

The conference will be held in Anaheim, CA November 4-6, 2010.  Read more

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

A Collaborative Library of IMA and External Resources to Support Members

LinkUp IMA Library is a resource for members to access articles, SMAs, whitepapers, webinars, podcasts, videos and other documents. Click here to access.

IMA’s 21st Annual Salary Survey

As one would expect in a difficult economic climate, the 21st Annual Salary Survey of IMA members finds little change in respondents' salary and average total compensation.  But the Certified Management Accountant (CMA) credential continues to be a strong signal of professionalism leading to higher salaries for all respondents, and data shows a dramatic increase in respondents' awareness of the IMA Statement of Ethical Professional Practice.  Findings appear in the June 2010 issue of IMA’s Strategic Finance.






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