The Calumet Accountant August 2012 Print Friendly Edition

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The Calumet Accountant August 2012 “Whereas the Emperor Augustus Caesar, in the month of Sextillis . . . thrice entered the city in tri- umph . . . and in the same month Egypt was brought under the authority of the Roman people, and in the same month an end was put to the civil wars; and whereas for these reasons the said month is, and has been, most fortunate to this empire, it is hereby decreed by the senate that the said month shall be called Augustus.” -Roman Senate, in honor of Augustus’s defeat of Marc Antony and Cleo- patra Augustus is the founder of the Roman Empire and its first Emperor, ruling from 27 BC until his death in 14 AD Born: Sept 23, 63 BC, Rome Died: August 19 14 AD, Nola Spouse: Livia Siblings: Octavia Minor Children: Gaius Ceasar, Julia the Elder, Agrippa Postumus, Lucius Ceasar Parents: Julius Ceasar, Atia, Gaius Octa- vius

description

The Official Publication of the Calumet Accountant, the Calumet Hammond Chapter of the IMA

Transcript of The Calumet Accountant August 2012 Print Friendly Edition

Page 1: The Calumet Accountant August 2012 Print Friendly Edition

The Calumet Accountant

August 2012

“Whereas the Emperor Augustus Caesar, in the month of Sextillis . . . thrice entered the city in tri-

umph . . . and in the same month Egypt was brought under the authority of the Roman people, and in

the same month an end was put to the civil wars; and whereas for these reasons the said month is,

and has been, most fortunate to this empire, it is hereby decreed by the senate that the said month

shall be called Augustus.” -Roman Senate, in honor of Augustus’s defeat of Marc Antony and Cleo-

patra

Augustus is the founder of the Roman

Empire and its first Emperor, ruling from

27 BC until his death in 14 AD

Born: Sept 23, 63 BC, Rome

Died: August 19 14 AD, Nola

Spouse: Livia

Siblings: Octavia Minor

Children: Gaius Ceasar, Julia the Elder,

Agrippa Postumus, Lucius Ceasar

Parents: Julius Ceasar, Atia, Gaius Octa-

vius

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The Official Publication of the Calumet Chapter IMA –081 Hammond Serving Northwest Indiana and

the South Chicago Suburbs

Contents

Volume 68 issue 03 August 2012

This issue

President’s Message page 3

Roster Book Order Form page 4

Crossword page 5-6

Board of Directors page 7-8

Tech Tips page 9

IMA Webinar page 10

Personal Development page 11

2012-2013 Agenda page 12-13

The CMA page 14-15

The IMA page 16-18

Retrospective page 19

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Dear Friends:

Odds are many of you have seen a movie based on a comic book. Spiderman, The Avengers, and Bat-

man among others have become blockbusters. Most of these comic heroes have an enduring lineage,

and recently, there is an influence to bring comics into the digital age. The biggest hit so far has been

Comixology which puts issues of paper comics onto phones and tablets. However, the industry is still ex-

perimenting with targeted digital mediums, and the market still has a very high demand for the tradi-

tional print versions.

In April I was asked to facilitate a "Q and A" session on chapter growth and communications at the Lead-

ership Training Seminar sponsored by the MidAmerica Council of the IMA. The MidAmerica Council is the

council to which the Calumet Chapter belongs and includes a host of IMA Chapters located in Illinois and

Wisconsin. It was a good opportunity for chapter leaders to get together and discuss what has worked

and what has failed so that we can learn and serve you better.

One of the points made was that some chapters felt the CPE webinars offered by the IMA have become

arduous. There was a feeling of fretfulness because of the competition encountered with other organi-

zations for attendees as well as the IMA. The IMA usually offers at least 2 webinars each month and we

try to publicize one each month in this newsletter. I feel they are an excellent membership benefit and

hope that you take advantage. I understand that for many reasons you may be unable to attend the

monthly meetings, however, I want you to know that does not mean the chapter does not value your

membership. We do even if you can’t attend any meetings. We want you to associate with the Calumet

Chapter of the IMA 081 Hammond.

Another point made was that many chapters, such as the Calumet Hammond Chapter, take surveys of

their events. This is an easy "back and forth" and lets us know from the attendees what is working and

what isn't working. We would also like to hear from the members who aren't attending, what can we

do differently to attract you to a meeting? You can always e-mail me, and I know that I have some tech-

nical issues recently, so I created a new, reliable account at gmail: [email protected] I look for-

ward to your comments. Together we made 2011-12 a great year, but we need your ideas on how to

keep the growth moving upward and onward.

Regards,

Mark T. Camarena, CMA

President, Calumet Chapter IMA

Visit us online at http://www.imacalumet.com

630.530.6707 (W)

e-mail me anytime [email protected]

Message from Mark T. Camarena, President

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2012—2013 ROSTER BOOK ADVERTISING ORDER FORM

CALUMET HAMMOND 081 CHAPTER OF THE IMA PROGRAM ROSTER DIRECTOR: WARREN CEBULKO [email protected]; 312-808-3890

The Calumet Hammond 081 Chapter of the IMA is a 501c3 charitable organiza-

tion for accountants and finance professionals in business. The Calumet Chap-

ter serves Northwest Indiana and the Southern suburbs of Chicago. For addi-

tional information contact President Mark T. Camarena at 630-530-6707 or at

[email protected] or our roster book director Warren Cebulko at the be-

low listed contact information.

Full Page Advert

8” x 3.5”

____yes, I would like

a full page advert

$150

Half Page Advert

4” x 3.5”

____yes, I would like a

half page advert

$100

Business Card Advert

____yes, I would like a Business Card Ad

$75

DEADLINE FOR SUBMISSIONS IS TUESDAY AUG 12 2012 A MINUMUM OF 100 BOOKS WILL BE PRINTED

Please provide camera ready art to [email protected] or the Calumet

Chapter will design an ad for you at no additional fee. Printing will be completed

in September and payment will be due upon printing. Prepayments are accepted

and all checks are to be made payable to IMA-CALUMET.

Business Listing Advert

____yes, I would like a Business Listing Ad

$25

CLIENT INFORMATION, PLEASE SUBMIT ALONG WITH ANY UPDATED INFORMATION TO WARREN CEBULKO AT

[email protected]

NAME:__________________________________________ EMAIL:___________________________________

COMPANY:_______________________________________ PREFERRED PHONE NO:_____________________

COMPANY ADDRESS:_______________________________ PROFESSIONAL DESIGNATION:_______________

_________________________________________________ UNIVERSITY (IF YOU ARE STUDENT):___________

_________________________________________

IMA MEMBER REFERENCE FORM

This advert was referred by IMA member_______________________________________________ on

_______________________________, 2012 for an advertisement in the 2012-2013 Calumet Hammond 081 Chap-

ter Roster book. My contact information is: phone:____________________________________ and

email:_____________________________________________________________________________.

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Administration and Finance

Special Activities Director

Director in charge of coordinating special events

AV Tech Director

Director in charge of locating, setting up, and running audio and visual components for special events and meetings

Communications and Community Relations

Social Media Director

Director(s) in charge of website maintenance, Facebook and Linkedin maintenance

Community Relations Director

Director in charge of community outreach and coordinating community service for the Chapter

Chapter Historian

Director in charge of maintaining chapter documents, newsletters, roster books, and other relevant me-dia

Education and Professional Development

CPE Director

Director in charge of CPE certificate maintenance and record keeping

CMA Director

Director in charge of coordinating sponsor discounts for CMA candidates and encouraging members to take the CMA exam

Academic Relations Director

Director in charge of communicating with area professors about the IMA and the Chapter, and promoting and coordinating the Chapter as guest speakers for classes and accounting groups

Open Board Positions Be a part of something exceptional. The Board of the Calumet Hammond 081 Chapter is always in search of great talent. Joining the Board is an excellent opportunity for you to showcase your talent and build your professional network. Don't hesitate, join today and help build our Chapter into something brilliant. Please contact Mark Camarena at [email protected] or Richard Mielcarz at [email protected] for further information.

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Calumet Chapter IMA

http://www.imacalumet.com

IMA Calumet

Institute of Management

Accountants-Calumet

Chapter

Officers and Directors 2011—2012

Mark T. Camarena - President 630-530-6707 (w) [email protected] Jim Spice - Secretary 815-933-0491 (w) [email protected] Deb Heim - Treasurer 630-378-6308(w) debra.heim@patterson_medical.com Adolph Ferber - Vice President of Administration 219-322-5848 (h) [email protected] Richard Mielcarz Vice President of Communications and New Member Chair 708-799-6234 (h) [email protected] Bill Biller - Vice President of Professional Education 219-765-3587 (h) [email protected] Anthony Fontana Vice President of Membership Retention 708-534-5000 ext 5494 (w) [email protected] Wes Christensen - Corporate and Academic Development 708-687-9087 [email protected]

Yolanda Peoples - Director of Member Participation

[email protected]

Al Zurawski Director of Employment and Chapter Photogra-

pher 219-477-4488 ext 222 (w) [email protected]

Warren Cebulko - Director of Program Rosters 312-808-3890 (w) [email protected] Dr. Heikki Heino - Director of Manuscripts 708-367-0034 (w) [email protected] Brian Guse - Director At Large 219-362-1531(w) [email protected] Kyle Jones - Director Of Public Relations 219-616-6606 [email protected] John Kitzmiller - Newsletter Director 708-923-0558 [email protected] Adam O’Hare - Associate Director, Membership Growth and Retention, [email protected] Alan Arendt - Assistant Treasurer

Interested in joining the board?

The Calumet Hammond Chapter is always looking for new talent, consider joining and showcasing yours! Please consult page two and find

something that will make you stand out and be heard.

-Don Pettit photograph on board the International Space Station

There will be a board meeting on Tuesday

August 14, 2012 at Glenwood Oaks Restau-

rant, 106 North Main Street in Glenwood

Illinois. The cost is $20.00 to attend and

any chapter member who has interest in a

board position is welcome to attend.

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MICROSOFT ACCESS SHORTCUT KEYS

Key Sequence Description

F7 Check spelling.

CTRL+C Copy the selection to the Clipboard.

CTRL+V Paste the contents of the Clipboard to where the insertion

point is.

CTRL+X Cut the selection and copy it to the Clipboard.

CTRL+Z Undo typing.

CTRL+DELETE Delete all characters to the right of the insertion point.

CTRL+SEMICOLON (;) Insert the current date.

CTRL+COLON (:) Insert the current time.

CTRL+ALT+SPACEBAR Insert the default value for the field.

ESC Undo changes in the current field. Press ESC a second time to

undo changes to the current record.

SHIFT+F2 Open the Zoom box to enter large amounts of data that can

not be prop erly displayed in a small control.

CTRL+F Open the Find tab on the Find and Replace dialog box.

CTRL+H Open the Replace tab on the Find and Replace dialog box.

SHIFT+F4 Find the next occurrence of the value entered in the Find and

replace dialog box when the dialog box is closed.

SHIFT+RIGHT ARROW Extends selection one character to the right.

SHIFT+LEFT ARROW Extends selection one character to the left.

CTRL+SHIFT+RIGHT ARROW Extends selection one word to the right.

CTRL+SHIFT+LEFT ARROW Extends selection one word to the left.

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IMA Webinar Save the Date for IMA's free Leadership Academy Webinar

Program Title: Personal and Professional Life Balance Date: Tuesday, August 21, 2012 Time: 1 p.m. - 2:30 p.m., Eastern Daylight Time

Field of Study: Personal Development

Research Area: Business Performance Management

Presenter: V. Marcine Johnson, CPA President & CEO—Accounting and Tax Advisory Services, Inc.

We are always striving to reach the "perfect balance" and maintain it. In the past, many people have defined balance as a fixed center point between two opposing forces. At times, we end up resisting people and activities in our lives because we see them as a threat to our balanced state of mind. Using this definition, we constantly fail and label ourselves "out of balance." Balance becomes an unattain-able ideal. Instead, the image of balance is being "in the flow" in our lives. That level of fluidity allows us to more easily interact with the world in a comfortable, nurturing way. Rather than fighting against circum-stances, we first flow with them and then can more easily shift the energy if desired. This definition of balance is more realistic and more easily attainable. When we are fully in balance, we are in a state of high intention, awareness, and trust.

Learning Objectives: Through participation in this webinar, you will be able to:

Recognize the “Superhuman Syndrome”

Assess your personal and professional balance

Clarify the goals and values that drive your career and personal life

Demonstrate setting limits, saying “no,” and asking for help

Develop strategies to replenish your mental energy and physical stamina

IMA members will receive (1.5) NASBA-approved CPE credits for attending this event. Note: Recorded webinars are not eligible for CPE credits.

Go to http://tinyurl.com/c929qw7 to register.

Page 11: The Calumet Accountant August 2012 Print Friendly Edition

Don't Panic - Stay Focused

By Melissa Leonard Gleim CMA Product Manager

This month's column will address two key matters that all CMA Exam candidates can use no matter where they are in the exam process. Whether you are just starting out, in the middle of your review, or sitting for the exam tomorrow, you must stay both calm and focused. From the time you begin reviewing to the very last day before your exam, you will most likely run into times where your confidence is tested by questions you repeatedly answer incorrectly. This is when it is imperative to focus on the study units you consis-tently perform poorer on and to not worry about one or two problematic questions. While you are taking practice quizzes, mentally re-hearse what you will do on exam day. Imagine your-self working through your exam and knowing the correct answers. If you get to a question you are unsure of, remember to immediately eliminate two answer choices. Then, pick the best answer choice from the two remaining. This skill - educated guess-ing - is one you will have to use on exam day. You want to make sure you answer each and every question to maximize your score. Mentally prepare yourself for this very important test-taking skill. Remember to relax. This is one of the most impor-tant things you can do as a CMA Exam candidate, but it is something most candidates struggle with. Throughout your preparation, if you find yourself getting frustrated, take a walk, read a book, or call a friend. The objective is to change gears and do something that relaxes you. These steps will help you recharge between study sessions. Relaxation shouldn't just occur during the weeks leading up to the exam, but also the days before and on your actual exam day. Don't cram during the few days before your exam. It is better to be re-freshed and ready than burned out from last-minute cramming. Cramming will only harm you. On exam day, don't take your books to the exam site, as it will only distract you. Once you are actu-

ally sitting in front of your computer at the testing center, keep your focus on answering each and every question. Allowing yourself to concentrate only on each question as you come to it will prevent you from becoming over-whelmed by the exam as a whole. Don't panic; just re-main focused and relaxed. You will be confident that you have done everything you can to adequately prepare. Share your success! Maybe you have already passed the CMA exam and would like to share your test-taking tech-niques with other candidates. Also, send me your ques-tions if you want more tips on how to successfully meet your goals. Email me at [email protected] with your questions and feedback. Gleim is committed to helping you become a CMA. Your Calumet IMA Chapter has partnered with Gleim to ensure your success on the CMA exam! Working together, we

will provide the necessary tools to prepare you for this challenging task. As a Calumet Chapter member, you receive significant discounts on the Gleim CMA Review materials and Gleim CPE. Contact Melissa Leonard at 800.874.5346 ext. 131 or [email protected] to take advantage of the offer or if you have any questions. -- Melissa Leonard Chapter Coordinator [email protected] Please visit our home page: http://www.gleim.com

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2012-2013 Meeting Agenda for the Calumet Hammond Chapter of the IMA( Subject to Change ) all meeting are priced at $30 for members and $20 for

students unless otherwise marked

Saturday September 1, 2012 Power Boat Races on the Kankakee River: Family day all ages welcome, Tour between 10:30-11 a.m. Races begin at noon stay as long as you

like. Pricing TBD

Tuesday September 18, 2012 Dante's 1734 45th Avenue Munster IN "Stock Market Outlook" with Chuck Carlson of Horizon Investments.

Tuesday October 16, 2012: Luby's 6657 South Street Tinley Park IL "Personal Financial

Planning" with Dave Bensema Senior Financial Planner at Harris Private Bank.

Tuesday November 13, 2012: Theo's 9144 Indianapolis Blvd Highland Indiana 2 hour Ethics Presentation (1 hour will be on Fraud ) Louis Stratton and Jolanta Flowers of

Porte Brown

Tuesday December 11, 2012: Board Meeting Only must be a board member to attend still time to join the board and join us for the holiday celebration at Gino's

1259 W. Joliet Street (US30) Dyer IN.

Tuesday January 15, 2013: Glenwood Oaks 106 N Main Street Glenwood IL Annual In-come Tax update with Calumet Chapter's very own Howard Ellison Wermer, Rogers,

Doran and Ruzon

Tuesday February 19, 2013 Either the Offices of Porte Brown in Tinley Park IL or Carlos Lorenzetti's in Chicago Heights IL "The Cloud" speaker TBD

Tuesday March 19, 2013 5124 Pine Island Drive Crown Point IN "Accounting Show-

case" 4 members of the group will take questions about their accounting and finance experiences. College Student Night.

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2012-2013 Meeting Agenda for the Calumet Hammond Chapter of the IMA( Subject to Change ) all meeting are priced at $30 for members and $20 for

students unless otherwise marked April 2013- Special Event being planned possible Night at the Races at Balmoral Park in

Crete IL, or Dinner and a Play at the Munster Center For the Performing Arts, or Pur-due University Calumet in Hammond IN Management Class

May 15 2013- "Affordable Healthcare Act" Location TBD

NOTES

The chapter would like to hold a special event in Porter County and invite Purdue North Central, Valparaiso University, Ivy Tech, Indiana University Northwest and any other colleges in the area to an event. Additionally, we would like to have a reunion of the Indiana Dunes Chapter members at this event. We are asking our members in the area to recommend a restaurant with a room. Please send your suggestions of restaurants, topics and speakers you would like to have for this special event to [email protected] The Chapter is looking for a portable microphone/speaker to help amplify presenters at Chapter events. If anyone can offer any expertise in this area or would be willing to let the chapter borrow equipment for monthly meetings it would be appreciated.

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Gleim Publications has been helping candidates pass the CMA

exam since 1980, with the most cost-effective system combining

books, Test Prep CD-Rom, audios, Gleim Online, and a Personal

Counselor to GUARANTEE your success on the CMA exam.

Gleim is a proud sponsor of the Calumet Hammond Chapter of the

IMA and not only donated the above certificate, but also offers

chapter members a 20% to 32% discount on all CMA study materi-

als, as well as Gleim CPE, including the new ethics course. Contact

Melissa Leonard at [email protected] or call 1-800-874-

5346 x 131 for further information.

Page 15: The Calumet Accountant August 2012 Print Friendly Edition

The Institute of Managerial Accountants (IMA) represents more than 60,000 accountants and financial professionals worldwide. The majority of these professionals work inside businesses and organiza-tions. They comprise the essential elements of financial management, organizational development, integrity, ethics and governance, and short and long term business goal management.

The Certified Management Accountant Credential (CMA) offered by the IMA is an advanced profes-sional certification that reflects the necessary accounting and financial management skills demanded in today’s business environment.

The CMA exam was first offered in 1972. Today over 30,000 accountants and financial professionals have earned this highly recognized and global title.

Professionals who have earned the CMA hold key management roles at top multinational firms and offer their companies the real world relevance, critical knowledge, and leadership abilities to compete in today’s dynamic global business environment.

For further information please contact Richard Mielcarz Vice President of Communications and New Member Chair 708-799-6234 (h), epost: [email protected] or Wes Christensen - Corporate and Aca-demic Development, 708-687-9087, epost: [email protected].

CMA:

The Essential

Credential

Page 16: The Calumet Accountant August 2012 Print Friendly Edition

Member Profile

How Do I Update My Member Profile at the IMA?

It's as easy as 1,2,3 to update your member profile at the IMA Website.

1. Go to the IMA website at www.imanet.org and log into your account .

2. Login with your member number and passcode. If you lost your member number or don't know it, email Dick Mielcarz

at [email protected] and he will forward it to you. If you have never registered on the site, then the initial password is your last

name. You will be prompted to create a new password.

3. Click on the "My Profile" link next to your name at the top of the page and edit your pro-file. Be sure to keep your information including any email changes current so we are better

able to keep you apprised of any Chapter happenings.

Source: Institute of Management Accountants, Inc. Montvale New Jersey www.imanet.org/ima_home.aspx

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Source: The Institute of Managerial Accountants Inc, 10 Paragon Drive, Montvale, New Jersey

http://instituteofmanagementaccountants.hqcampaign.com/ps/7-21-2011-cmaconnection-cmanotes? hq_e=el&hq_m=1053863&hq_l=10&hq_v=f7c6811596

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http://www.youtube.com/user/LinkUpIMA

The Institute Of Management Accountants YouTube Page

The IMA maintains a YouTube channel filled with videos addressing the CMA exam

process, CMA study guides and resources, coverage of the IMA Annual Conference,

and insights from IMA leaders. Be sure to visit the IMA YouTube channel for further

insight on the IMA and the CMA.

Page 19: The Calumet Accountant August 2012 Print Friendly Edition

Retrospective: Abraham Lincoln, “The Gettysburg Address”

November 19, 1863; Gettysburg, Pennsylvania

272 words. 3 minutes long. Yet, the Gettysburg Address is unarguably one of the greatest pieces of rhetoric in Ameri-

can history. Dr. J Rufus Fears (one of the great modern orators) argues that the Gettysburg Address, along with the

Constitution and the Declaration of Independence, form the three founding documents of American freedom. The Bat-

tle of Gettysburg left 8,000 men dead. The bodies were too numerous to bury properly and many were at first placed

in shallow graves. Weeks after the battle, heads and arms were sticking up through the ground and the smell of rot-

ting flesh was sickening. Money was raised for a proper reburial, and it was decided that the new cemetery should be

dedicated, to sweeten the air of Gettysburg, to solemnize this place of death. As was traditional, a great orator, in this

case, Edward Everett, was asked to give a solemn and grand speech as a memorial to the fallen men. Lincoln was

asked 2 months later, almost as a causal afterthought. He was to add a few remarks to Everett’s, a function much like

the man with the ceremonial scissors who cuts the ribbon. Legends has it that Lincoln’s remarks were the product of

pure inspiration, penned on the back of an envelope on the train chugging its way to the soon-to-be hallowed grounds

of Gettysburg. On the day of the dedication, Everett kept the crowd enthralled for a full two hours. Lincoln got up,

gave his speech, and sat down even before the photographer had finished setting up for a picture. There was a long

pause before anyone applauded, and then the applause was scattered and polite. Not everyone immediately realized

the magnificence of Lincoln’s address. But some did. In a letter to Lincoln, Everett praised the President for his elo-

quent and concise speech, saying, “I should be glad if I could flatter myself that I came as near to the central idea of

the occasion, in two hours, as you did in two minutes.” And of course, in time, we have come to fully appreciate the

genius and beauty of the words spoken that day. Dr. Fears argues that Lincoln’s address did more than memorialize

the fallen soldiers at Gettysburg; it accomplished nothing short of transforming the entire meaning of the Civil War.

There were no details of the battle mentioned in the speech, no mentioning of soldier’s names, of Gettysburg itself, of

the South nor the Union, states rights nor secession. Rather, Lincoln meant the speech to be something far larger, a

discourse on the experiment testing whether government can maintain the proposition of equality. At Gettysburg, the

Constitution experienced a transformation. The first birth has been tainted by slavery. The men, of both North and

South, lying in the graves at Gettysburg had made an atoning sacrifice for this great evil. And the Constitution would

be reborn, this time living up to its promises of freedom and equality for all.

The Speech

Four score and seven years ago our fathers brought forth on this continent, a new nation, conceived in liberty, and dedicated to the proposition that all men are created equal.

Now we are engaged in a great civil war, testing whether that nation, or any nation so conceived and so dedicated, can long endure. We are met on a great battlefield of that war. We have come to dedicate a portion of that field, as a final resting place for those who here gave their lives that that nation might live. It is altogether fitting and proper that we should do this.

But in a larger sense, we cannot dedicate – we cannot consecrate – we cannot hallow – this ground. The brave men, living and dead, who struggled here, have consecrated it, far above our poor power to add or detract. The world will little note, nor long remember, what we say here, but it can never forget what they did here. It is for us the living, rather, to be dedicated here to the unfinished work which they who fought here have thus far so nobly advanced. It is rather for us to be here dedicated to the great task remaining before us – that from these honored dead we take increased devotion to that cause for which they gave the last full measure of devotion – that we here highly resolve that these dead shall not have died in vain – that this na-tion, under God, shall have a new birth of freedom – and that government of the people, by the people, for the people, shall not perish from the earth.