Winter 2009, Volume 2, Issue No. 3

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.

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. I encourage you to let us know what you think. Please contact me at webmaster@imamichigan.org .

Lee Bennett

Michigan Council News

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

Message from 2009-2010 President, Chris Mishler

Fresh off the successful Michigan Council Fall Conference held on October 29, I have some reflections on the state of our association.  One of my stated goals for our council is to strengthen and revitalize our chapters; so we can see how that goal is going.  We know that the competition for our members’ and potential members’ mindshare is fierce with many rival groups and duties vying for their time. 

The economic situation is a ...

[READ MORE AT imamichigan.org/message.html

Annual Fall Conference is Resounding Success

Over 160 conference registrants, speakers, exhibitors, award recipients, and conference team members participated in the 8th Annual IMA Michigan Fall Conference at the Kellogg Hotel and Conference Center at Michigan State University in East Lansing on Thursday, October 29, 2009.  Included were 19 students and faculty from St. Clair College who traveled by bus all the way from Windsor, Ontario in Canada to attend the conference. The 8th annual fall conference was sponsored by the IMA Michigan Council and Robert Half International, with additional support from Cleary University and CTS Telecom, Inc.

Chair-Elect of the IMA, Dr. Sandra Richtermeyer, CPA, CMA, kicked off the conference with ...

Please note: If you attended this year's conference, please complete our on-line survey found at the link, below. Also, see new postings of conference photos and speaker presentations at this link:

[READ MORE AT imamichigan.org/conference.html

Recent National IMA Board Meeting

The IMA Board of Directors met on September 26, 2009 at Hyannis, Massachusetts. Among the items discussed, which will be of interest to IMA Councils, Chapters and members were Board Diversity, New Leadership Academy, New IMA Initiatives and LinkUp IMA.

[READ FULL ARTICLE AT imamichigan.org/news.html]

Lansing-Jackson Chapter News

Lansing-Jackson Chapter President Gareth Beaty has invited all members, as well as guests from other chapters and Michigan Council delegates to attend the Chapter's 2nd meeting on Thursday, November 19, 2009, at MSU Kellogg Center, 55 S. Harrison, East Lansing, MI. The program will start with a short networking period at 6:00pm, followed by the speaker at 6:15pm, and dinner about 7:15pm. Technical meeting topic is "Fraud in Today's Environment". Please support the resurgence of the Lansing-Jackson Chapter with your attendance!

[GET DETAILS AT imamichigan.org/lansing-jackson/nextmeeting.html

Michiana Chapter News

The Michiana Chapter held its student night on Tuesday, November 17th and had 33 students and

3 faculty members from four local colleges (Indiana University South Bend, Southwestern Michigan

College, Lake Michigan College and Ball State University) in addition to 17 members that attended.  Chapter President, Brenda Engel, promoted the value of the IMA and invited students and faculty to consider membership in the IMA.  Steve Kemp , a member of the Michiana Chapter, was the featured speaker and he presented a microsoft powerpoint presentation on "Value Based Pricing".

[GET DETAILS AT imamichigan.org/michiana/nextmeeting.html

Ann Arbor Chapter News

The Chapter had two successful plant tours at Zingerman’s Bakehouse on Saturday, October 10, 2009, at 10am & 2pm. The tour took about 90 minutes, including chocolate, bread, and cake samples. It was a fun gathering for regular, retiree, and student members to get together with their friends and family.

We also volunteered a Community Service at Food Gathers ...

[SEE FULL ARTICLE AND PHOTOS AT imamichigan.org/news.html]

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


IMA National News


COSO Supports Integration of Strategy and ERM
On Nov. 4, 2009, The Committee of Sponsoring Organizations of the Treadway Commission (COSO) released a new thought paper, Strengthening Enterprise Risk Management for Strategic Advantage. The paper highlights specific areas where senior management can work with its Board of Directors to enhance the Board’s risk oversight capability. Read more

IMA Committees' Response to SEC Roadmap for IFRS use by U.S. Companies
IMA’s Financial Reporting and Small Business Committees submitted comment letters to the Securities and Exchange Commission (SEC) in response to its proposed roadmap for the use of International Financial Reporting Standards (IFRS) by U.S. Companies. Comments were due on April 20, 2009. Click here to 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.

COSO Supports Improved Board Risk Oversight
The Committee of Sponsoring Organizations of the Treadway Commission (COSO), an organization co-founded by IMA, has released a new thought paper, Effective Enterprise Risk Oversight: The Role of the Board of Directors. The thought paper is aimed at helping boards of directors strengthen their oversight of enterprise risks. Click here to download.







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