SkyscapesApril 2011

Vol. 3 Issue 7

2 kscpa.org

Warm regards,

John H. Bruckner,78th President of the Kansas Society of CPAs

FROM THE PRESIDENTGreetings!

As the busy season winds down, professional development is ramping up as we scramble to meet our mandatory CPE requirements and desire to remain competent. Professional development is a key member value, representing more than 50% of the revenue and expenses. Our 2011 conferences, courses, chapter meetings, ethics courses, webinars, and caffeinated conversations exceed 150 events! This represents a major commitment of our resources, especially those of the KSCPA team.

Working to ensure that our efforts bring value to the membership and that there are NO cancellations, the KSCPA volunteer members and team conducted a listening tour. This resulted in expanding conferences, reducing courses, engaging top speakers with a high degree of professional experience, and creating a proprietary webcast series.

WHAT YOU NEED TO DO: Obtain high-quality education while showing your support of the KSCPA! There are options; however, the KSCPA designs programs specifically to meet the needs of Kansas CPAs. This is why the KSCPA continues to be the preferred provider of CPE for members of the KSCPA.

Please login to www.kscpa.org with your e-mail address and member ID (or password), click on Professional Development, and register for events through the end of the 2011. Organizational administrators can register multiple attendees (contact Karen@kscpa.org to be setup as organization administrator with full member access). Please call 785-272-4366, if you need any assistance with registration or have any questions about the programs.

I look forward to seeing you at an upcoming event.

MEMBERS!Education Tracker now available on www.kscpa.org - see pg. 23 for details.

Skyscapes | April 2011 3

Inside this issue...

Statements of fact and opinion are made by authors alone and do not imply an opinion on the part of the officers or members of the KSCPA. Publication of an advertisement in Skyscapes does not constitute an endorsement of the product or service by Skyscapes or the KSCPA. Copyright © 2011 Kansas Society of CPAs; Topeka, KS. All rights reserved.

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OfficersJohn H. Bruckner, President, Designated AICPA Council Representative Robert J. Schuster, Vice President & President ElectM. Aron Dunn, Secretary/TreasurerGary C. Allerheiligen, Immediate Past President

Board of DirectorsTerm Expires 2011Richard K. DinkelJohanna D. LyleGreg B. SevierNathan L. Spearman Lisa P. TroutVirginia A. Powell, KSBOA LiaisonKyle J. Hawk, Elected AICPA Council Representative

Board of DirectorsTerm Expires 2012Chet BuchmanM. George DurlerLewis R. EricksonGregg C. GoodwinMichelle Schneider

Educational Foundation Board of TrusteesDan S. Deines, ChairJohn C. Rich, Vice ChairNorman P. Hope, Secretary/TreasurerJohn H. BrucknerKyle J. HawkJeffrey J. KochJohn W. DenneyKenneth A. SelzerPaul T. Mason

Political Action CommitteeDenis W. Miller, ChairJames T. Clark, TreasurerDeAnn A. HillEric J. LarsonLeon C. LoganKathryn J. MitchellMichael V. Rogers

Mary R. MacBain, MS, CPA. CITP Executive Director

Lauren Tice, Marketing & Communications Manager

Teresa Keating, Peer Review Admin. & Event PlannerKaren Mitchell, CPAFinance and Administration Manager

Kevin Moravec, Marketing Assistant (Graphic Designer)

Danielle Bulson,Marketing Assistant

KSCPA Leadership

KSCPA Team

Editors: Mary R. MacBain, Editor-in-ChiefLauren Tice, Layout & Copy EditorContributing Writers: Alan Anderson, CPA; Mary R. MacBain, MS, CPA.CITP; Nancy A. Cohen, CPA.CITP, CIPP; Melinda L. McLellan, JD

The Kansas Society of Certified Public Accountants, Inc.100 SE 9th Street, Suite 502Topeka, KS 66612-1213Phone: 785.272.4366, FAX: 785.272.4468

Board of DirectorsTerm Expires 2013James (Jim) K. BoomerGinger L. FarneyCarolyn C. GeorgeMindi A. OrmistonMatthew (Matt) R. List

Online Reputation Managementfor AccountantsHugh Duffy gives his insight on the best ways to keep a positive, online reputation for your business.

23 KSCPA NewsFind out how to use the Education Tracker, along with how to add a photo to your member profile on the website.

33 Classifieds

32 Mark Your CalendarA complete list of events and conferences scheduled for the remainder of the year.

26 Member ProfileGet to know one of the KSCPAs’ members in this month’s Member Profile.

30 New Members

Conference on Kansas Taxes

Governmental & Nonprofit Accounting & Auditing Conference

Wealth Management Conference

Risk Management Conference

Fieldwork Complete... Is the Audit Complete?by Al Anderson

4

Young Professionals Conference

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16

22

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31 Members in the NewsSee the latest accomplishments of other KSCPA members.

Welcome to our new KSCPA Members!

10 Course Line ScheduleView information on our upcoming courses and conferences.

24 KSCPA on FacebookVisit our new Facebook page online! Give us feedback on how we’re doing.

25 KSCPA Team MembersTeresa Keating celebrates 12 years with the KSCPA!

28 KSCPA Campus NewsView recent KSCPA Campus events from around the state.

Memoriam30

Fieldwork Complete…Is the Audit Complete?By Alan W. Anderson, CPA

President, ACCOUNT-ability Plus

© Copyright 2011 Alan W. Anderson, used with permission.

It’s It’s Friday afternoon, and you are off to another client on Monday morning. You have exhausted your allotment of fieldwork time at this client. There is one “small” problem; however, the audit is not done. You will have to complete the audit in “wrap-up” mode, even though wrap-up isn’t scheduled. You ask yourself, “How will I get it done?” Does this sound familiar?

When I talk about the above scenario to auditors, they all recognize the inefficiencies in the “wrap-up” mode and hope that audit quality won’t be negatively impacted. They acknowledge that addressing the situation is an opportunity for reducing audit time yet confirm that beyond talking about the issue, they seldom do much to change. If we see the issue and know the issue, why then don’t we do something to deal with this issue?

Peter Senge is quoted as saying, “People don’t resist change. They resist being changed.” In many respects, Mr. Senge’s quote fits this situation. The auditor sees and knows the issue but resists being changed. Resistant to change or not, most audit firms do not effectively deal with this audit issue and just hope it will get better.

Change based on hope, without action, is doomed to fail. Many firms take this situation for granted and audit staff are simply “told” either directly or indirectly to “just deal with it.” This article is designed to help you make appropriate, positive steps toward change in the audit process.

Imagine again, it’s Friday afternoon and you are off to another client on Monday and this audit is complete! This doesn’t need to be a dream; it can happen.

4 kscpa.org

Completing in the Field Requires Planning

Several years ago, there was an oil filter commercial which used the slogan, “Pay me now or Pay me later.” Of course, the context of the commercial was to get viewers to take better care of their cars by changing the oil and oil filter on a regular basis. The downside of not doing so would result in serious damage to the engine, suggesting that the “later” cost would be far in excess of the cost of oil and oil filters “now”.

I believe that slogan fits reasonably well in the audit world, with a slight modification. I suggest that the auditor reflect on the concept of “Plan Now or Plan to Pay Later.” Paying “later” in terms of the added time resulting from not completing the audit in the field and the potential for an unsatisfied client is a far greater cost than taking the time to plan “now”.

In the article, “Audit Planning is a 2-way street –Both the Auditor and the Company need to be Involved,” I identified 10 basic steps to carrying out a successful audit plan. The fifth step offered the concept that the overall audit plan should include a specific plan to complete all of the work in the field. This concept is easy to state but very difficult to execute, if the auditor doesn’t have specific action steps identified in advance.

What is Your Action Plan?

An audit team that typically does not complete the audit in the field may not know how to set the audit in motion for successful completion. Specific action steps need to be identified that help to ensure successful completion of the audit during fieldwork.

The first thing the staff should do is to determine the bottlenecks that prevented the prior year audit from being completed in the field. The following table contains a partial list of typical audit bottlenecks and actions that can eliminate those bottlenecks:

Bottleneck Action(s) Client not totally ready Place due dates on required client schedules

Call client a week before field work to ensure readiness

Be prepared to reschedule fieldwork start date Not enough time scheduled for fieldwork Prepare a detailed time budget and match it to

the scheduled staff time in the field New accounting standard(s) not addressed timely Design audit approach to address the new

standard(s) during planning Discuss the new standard(s) with the client

early Draft the proposed new footnote(s) for the

client to read early Reviews not completed timely Perform real-time reviews and don’t wait until

all areas are complete Perform reviews in the field

Critical confirmations not received timely Mail confirmations as soon as possible after year end

Perform Attorney procedures first day of fieldwork or at interim and mail attorney letter no later than the first day of fieldwork

Request any covenant waiver letters as early as possible

Client prepared schedules not complete Have the client send the schedules in advance so the In-charge can review them

Return incomplete schedules to the client rather than fixing them yourself

If you must fix the incomplete schedule, gain client agreement to additional billing and then track that time separately

Skyscapes | April 2011 5

Develop a Fieldwork Plan

Eliminating the bottlenecks listed in the table alone can go a long way toward successfully completing the audit in the field. However, most audit teams go out to the field and dive into working on whatever is ready without a plan. One way to help ensure fieldwork success is to develop a fieldwork plan. The purpose of the fieldwork plan is to specifically lay out a detailed “who”, “what”, and “by when” plan for all audit staff assigned to the engagement.

Know the “Who”

First, the in-charge needs to know “who” is assigned to the audit and the amount of time each staff is assigned to the audit. The in-charge should determine the experience and skill level of the assigned staff. With this information, s/he can now perform a high level analysis of the audit team that considers the overall adequacy of staffing compared to skills needed and amount of time assigned. If either or both are not adequate, the chance of completing the audit in the field is remote. The in-charge should take action to attempt to rectify the situation.

Know the “What”

Second part of the plan is dealing with the “what”. The in-charge should assign audit responsibilities to match audit complexity with the skill set of the audit staff. Typically, the assignment of audit work is one staff to one audit section. In other words, Joe or Mary will audit the cash section and Tom or Jane will audit the accounts payable section. Making assignments in this manner will generally leave most difficult audit section(s) to the in-charge.

The fieldwork plan should challenge the norm of what section is audited first, as well as the audit section approach to job assignment. Since the easiest areas are generally audited first, if the team doesn’t complete the audit in the field, the more difficult areas are left to be completed in “wrap-up” mode. The audit team, therefore, should plan to audit the most significant and difficult audit areas first.

The fieldwork plan should then consider making certain work assignments based upon the steps within the section that need to be performed rather than the assignment of the entire section to one staff person. This approach holds especially true for the mostsignificant and difficult audit sections.

For example, consider an audit section such as inventory at a manufacturer. That section requires a significant amount of vouching to source documents for certain audit assertions and audit judgment for other audit assertions. The newer staff could be assigned to carry out the detailed vouching steps and the assertions requiring experienced professional judgment could be carried out by the in-charge. Assigning job responsibilities in this manner will free up the in-charge to supervise and review to keep the audit moving smoothly and to remove bottlenecks as they arise.

Know the “When”

The third part of the fieldwork plan is to address “by when”. This part should address hours by audit area and procedure within an audit area and the date during fieldwork when the in-charge wants the procedures performed. This step can be set up as a days and hours in a day timeline. A timeline of this nature will help the entire audit team understand what is expected of them and by when.

A successful audit process depends heavily on the project management skills of the audit in-charge. A fieldwork plan can be core a project management tool used to assist the audit in-charge in keeping the audit on track. Following the plan and managing against the plan will allow the in-charge to know the engagement status at any point in time during the audit to facilitate completing the audit in the field.

In Summary To institute concrete actions steps to be able to complete the audit in the field requires a change in attitude and culture in most firms. For the changes to have impact (improved staff morale, satisfied clients, and a stronger bottom line for the firm), the changes should be implemented across all of the audits in the firm. It will take some time to lay out a fieldwork plan and the results will likely not be known for months. As Mr. Senge stated, many will resist being changed. However, one thing is certain, if the firm doesn’t “plan now” the firm can “plan to pay later.”

It’s late on a Friday afternoon and your fieldwork time has expired……is your audit complete?

6 kscpa.org

Alan W. Anderson - Bio Al has over 25 years of experience in the accounting profession. After working primarily as a partner and National Director of Audit in the firm of McGladrey and Pullen, LLP and with the American Institute of CPAs as Senior Vice President of Member and Public Interest, Al founded ACCOUNT-ability Plusheadquartered in Minneapolis. Prior to starting his new company, Al led the firm of LarsonAllen, LLP in coordinating accounting and assurance services across industry groups as the Managing Principal of Accounting & Assurance Services.

As President of ACCOUNT-ability Plus, Al is building a company to address the educational needs of auditors and to help push the vision of those he teaches to exceed client expectations by providing relevant services and meaningful information using real-time methodology.

Al’s experience in the world of auditing reaches far and wide. This includes helping to standardize the global audit approach of McGladrey and Pullen, overseeing the AICPA’s technical audit and accounting standards, including self-regulation and the CPA examination and implementing paperless solutions.

Al served as Chair of the AICPA Assurance Services Executive Committee for 6 years and continues to lead task forces of the Committee.

The 7th in a Series of “ANDERSON’S AUDIT EXPRESS”

The KSCPA is excited to that Al Anderson is committed to helping the Society enhance the quality of the Accounting & Auditing (A&A) professionaldevelopment and, therefore, the quality of our members’ A&A services. This article is the seventh of a series of 13 articles to be published over the next year.

We asked Al to create articles that will stand the test of time and at the same time create a vision for how

CPAs can stay relevant by adding value to their clients and organizations they serve.

You can look forward to the following topics:

“Evolving Risk Landscape and Its Impact on the Audit Opinion:

“Total Client Service: Did you deliver all of Your Services, or Just the Audit?”

“De-commoditizing the Audit—A Pipe Dream?”

“What Brings Value to the Audit? Value-Based Audits?”

“The Characteristics of an Auditor”

“The Goal of the Audit”

Register for “ANDERSON’S AUDIT EXPRESS” Today!

Each article is supplemented with a video webcast or podcast produced and delivered by the KSCPA.

Go to www.kscpa.org for the complete list of live webinars.

Register on the KSCPA website, or call 785.272.4366 for more information. Webcasts that provide 2 hours of A&A CPE are $79 each.

Al will also be providing A&A courses in our PD catalog, speaking at conferences, and is available for in-firm training, including a new offering “Reality Based Learning.”

Our member’s appetite for information continues to increase and the methods by which this information is delivered are changing.

The KSCPA is embracing this adaptation by establishing professional development programs that address the education demands with a variety of delivery mechanisms.

Contact Mary MacBain at mary@kscpa.org for further information.

Develop a Fieldwork Plan

Eliminating the bottlenecks listed in the table alone can go a long way toward successfully completing the audit in the field. However, most audit teams go out to the field and dive into working on whatever is ready without a plan. One way to help ensure fieldwork success is to develop a fieldwork plan. The purpose of the fieldwork plan is to specifically lay out a detailed “who”, “what”, and “by when” plan for all audit staff assigned to the engagement.

Know the “Who”

First, the in-charge needs to know “who” is assigned to the audit and the amount of time each staff is assigned to the audit. The in-charge should determine the experience and skill level of the assigned staff. With this information, s/he can now perform a high level analysis of the audit team that considers the overall adequacy of staffing compared to skills needed and amount of time assigned. If either or both are not adequate, the chance of completing the audit in the field is remote. The in-charge should take action to attempt to rectify the situation.

Know the “What”

Second part of the plan is dealing with the “what”. The in-charge should assign audit responsibilities to match audit complexity with the skill set of the audit staff. Typically, the assignment of audit work is one staff to one audit section. In other words, Joe or Mary will audit the cash section and Tom or Jane will audit the accounts payable section. Making assignments in this manner will generally leave most difficult audit section(s) to the in-charge.

The fieldwork plan should challenge the norm of what section is audited first, as well as the audit section approach to job assignment. Since the easiest areas are generally audited first, if the team doesn’t complete the audit in the field, the more difficult areas are left to be completed in “wrap-up” mode. The audit team, therefore, should plan to audit the most significant and difficult audit areas first.

The fieldwork plan should then consider making certain work assignments based upon the steps within the section that need to be performed rather than the assignment of the entire section to one staff person. This approach holds especially true for the mostsignificant and difficult audit sections.

For example, consider an audit section such as inventory at a manufacturer. That section requires a significant amount of vouching to source documents for certain audit assertions and audit judgment for other audit assertions. The newer staff could be assigned to carry out the detailed vouching steps and the assertions requiring experienced professional judgment could be carried out by the in-charge. Assigning job responsibilities in this manner will free up the in-charge to supervise and review to keep the audit moving smoothly and to remove bottlenecks as they arise.

Know the “When”

The third part of the fieldwork plan is to address “by when”. This part should address hours by audit area and procedure within an audit area and the date during fieldwork when the in-charge wants the procedures performed. This step can be set up as a days and hours in a day timeline. A timeline of this nature will help the entire audit team understand what is expected of them and by when.

A successful audit process depends heavily on the project management skills of the audit in-charge. A fieldwork plan can be core a project management tool used to assist the audit in-charge in keeping the audit on track. Following the plan and managing against the plan will allow the in-charge to know the engagement status at any point in time during the audit to facilitate completing the audit in the field.

In Summary To institute concrete actions steps to be able to complete the audit in the field requires a change in attitude and culture in most firms. For the changes to have impact (improved staff morale, satisfied clients, and a stronger bottom line for the firm), the changes should be implemented across all of the audits in the firm. It will take some time to lay out a fieldwork plan and the results will likely not be known for months. As Mr. Senge stated, many will resist being changed. However, one thing is certain, if the firm doesn’t “plan now” the firm can “plan to pay later.”

It’s late on a Friday afternoon and your fieldwork time has expired……is your audit complete?

Skyscapes | April 2011 7

8 kscpa.org

Online Reputation Management for Accountants

At one time, the Internet must have seemed like a paradise for a small firm, with seemingly limitless

opportunities to spread the word on the firm’s brand and to find new clients.

Today, technology easily supports these advantages – but not every aspect is entirely positive. Clients – both the happy and unhappy ones – now enjoy unprecedented power to voice their opinion about your practice. According to a recent survey by Nielsen Ratings, 70% of people trust the opinions of strangers online, and the mushrooming of websites where consumers can freely comment on businesses has helped create a “Reputation Economy” where a few bad reviews can hurt a firm’s bottom line.

Like it or not, you probably have an online reputation; it’s now up to you to monitor and manage it. As Warren Buffett said, “It takes 20 years to build a reputation and only five minutes to ruin it.”

Everybody’s Got an Opinion

Several well-known websites such as Yelp, Google Places, CitySearch, InsiderPages, Judy’s Book, Angie’s List and Kudzu offer the chance to post anonymous opinions and feedback about businesses, including accounting and tax-prep practices of all sizes. Often, these sites drill down to specific towns and cities, meaning that the local clients your practice wants to win, and even retain, may be reading these reviews. It also

doesn’t matter whether you’re in a one-stoplight town or an ultra-urban U.S. city. If the Internet is available, then reviews about your business may be found online.

A practice’s best first step is to monitor its online reputation and find out what people are saying about your firm. There are tools like Google Alerts and Yahoo Alerts to monitor search engines; Technorati and Google Blog Search to monitor blogs; and Twitter Search to monitor what others are saying about your firm, people in your firm and your competitors.

Proactive Management

The best medicine for managing your online reputation is prevention. That’s right; it’s much better to proactively deal with unhappy clients directly, and mutually resolve their concerns, rather than allow complaints and hard feelings to fester. Even if the client is halfway out the door and not worth retaining, it is much better to train and equip your team to proactively work through difficult situations rather than let the issue go and read the scathing review of your firm months later. By then, it’s too late to resolve.

For negative reviews that you find, try to rectify the issue. Even if you feel a complaint was unwarranted, appeasing vocal customers may be worth its weight in new business because they may amend their review. The process would be to research their perspective, write down

by Hugh Duffy

Skyscapes | April 2011 9

your thoughts so you can avoid becoming emotional, contact them by phone, empathize with their situation and seek to reach some common ground. Writers of negative reviews aren’t the only ones who can make new media work for them – you actually can influence a negative situation. For example, Yelp allows you to respond directly to clients or others who have had a bad experience. When you respond, you might be talking as much to potential clients who will read the bad review as to the client who originally posted the negative review. My suggestion is to take the dialogue offline, if possible.

If you find positive reviews about your firm, you may want to consider asking

the person to post the same review in another online review website so that more prospects can see what they’ve written. Encouraging positive reviews (and reposting positive reviews into other review websites) can water down negative opinions and build interest in your product or service.

In the event that you find this process too cumbersome, there are some fee-based services that make posting reviews online easier. One that comes to mind is Ratepoint.com.

Eleanor Roosevelt once said, “We all live in a televised fishbowl.” While Mrs. Roosevelt had no idea how the Internet and technology would impact our lives,

her sentiment still rings true today. Reputation is everything to a thriving firm – and once your reputation is sacrificed, the fish in the bowl will indeed swim upstream. If you receive an online negative review or similar kind of comment, take a deep breath and figure out how to turn a negative into a positive. In the long term, you’ll save your reputation.

About the Author

Hugh Duffy is co-founder and chief marketing officer of Build Your Firm, a practice development and marketing company for small accounting firms and website development for accountants. Hugh teaches a series of Accounting Marketing Workshops; writes an email newsletter reaching thousands of accountants; and is frequently published in various publications, including state CPA society magazines, The CPA Technology Advisor and Progressive Accountant. He can be reached at 888-999-9800 x151, or at hugh@buildyourfirm.com.

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Professional Development

Date Instructor Title LocationMember Fee/

Non-Member FeeCPE

Hours

5/3 PASOK-Gann

AA: Oil & Gas Revenue Accounting - The Basics Wichita $175 / $195 5

5/10 Scott CC: Caffeinated Conversations: HR Best Practices Topeka $35 2

5/11 Steffes CC: Caffeinated Conversations: Wealth Management Leawood $35 25/11 Carpenter UP: Northeast Chapter Meeting: Legislative Wrap up Topeka $15/$20 15/13 Clark E: Metro Chapter Meeting: Ethics with Jim Clark Overland Park $40/$55 25/16 Panel C: Wealth Management Workshop: “Strategies for Long-Term Growth” Overland Park $200 / $250 85/16-am Panel AA: Risk Management Conference - “Creating a Risk Intelligent

Enterprise: Best Practices in Risk Management and Security & Privacy”Overland Park $130 / $160 4

5/16-pm Anderson AA: Risk Assesment Standards: Practical Insight and Observation for Business and Industry

Overland Park $130 / $160 4

5/16 Hopkins NP: The Law of Tax-Exempt Organizations from Polsinelli Shughart’s Bruce Hopkins

Wichita $260 / $310 8

5/17-18 Panel AA: Governmental & Nonprofit Accounting & Auditing Conference: “Transforming the Challenges into Opportunities” (1 Hr Ethics)

Wichita $280 / $310 16

5/18 Clark E: Ethics Breakfast at Government/Nonprofit Conference Wichita $25 15/18-pm Drinon L: Young Professionals Conference: “Leadership Now! Building

Relationships, Achieving Results & Navigating Change”Wichita $100 / $125 4

5/19 Metzler UP: Professional Issues Update Wichita FREE 25/20 Allerheiligen TX: Advanced Tax Strategies for S-Corporations* Wichita $260 / $310 85/24 Anderson AA: Auditors Risk Assessment Process* (Yellow Book) Overland Park $260 / $310 8

5/25 Anderson AA: Internal Control Deficiences* (Yellow Book) Overland Park $260 / $310 86/1 Riley TX: 49 Tax Cutting Moves for Individuals* Overland Park $260 / $310 86/2 Riley TX: Innovative Tax Planning for Individuals and Sole Proprietors* Overland Park $260 / $310 86/3 Riley TX: Form 1041: Income Taxation of Estates and Trusts* Overland Park $260 / $310 86/7-am Tankersley IT: Outlook Essentials Wichita $130 / $160 46/7-pm Tankersley IT: PDF Forms--What Accountants Need to Know Wichita $130 / $160 46/8-am Tankersley AA: QuickBooks-Advanced Reporting Wichita $130 / $160 46/8-pm Tankersley IT: Security Tools-Up Close and Personal Wichita $130 / $160 46/9 Dunn CC: Caffeinated Conversations: Recruiting & Retaining Top Talent Wichita $35 26/13 Allerheiligen TX: Closely Held Business Taxation: 49 Practical Ways to Cut Taxes* Overland Park $260 / $310 86/14 Allerheiligen TX: Innovative Tax Tips for Small Businesses: Corporations,

Partnerships & LLCs*Overland Park $260 / $310 8

6/15 TBD Metro Chapter Meeting Overland Park $25 16/17-am Harden TX: Health Care Reform Act: Critical Tax and Insurance Ramifications

for You, Your Business and Your Clients*Wichita $130 / $160 4

NEW!

NEW!

May/June CPE Calendar

*denotes AICPA course; $30 discount for AICPA members.

AA = Accounting & Auditing

Legend

CC = Caffeinated Conversations TX = Taxation

IT = Technology

E = Ethics

C = Consulting

UP = Update

L = Leadership

NP = Nonprofit

Register online at www.kscpa.org

6/17-pm Harden TX: Tax Consequences and Reporting Issues of LLCs, LLPs, LPs, and Other Partnerships*

Wichita $130 / $160 4

6/20 Anderson AA: Small Business Accounting & Auditing Update* Overland Park $260 / $310 86/20 Allerheiligen TX: Innovative Tax Tips for Small Businesses: Corporations,

Partnerships & LLCs*Wichita $260 / $310 8

6/21 Allerheiligen TX: Closely Held Business Taxation: 49 Practical Ways to Cut Taxes* Wichita $260 / $310 86/21 Anderson AA: Advanced Update for Compilation, Review, & Accounting Services* Overland Park $260 / $310 86/22 Riley TX: IRAs, Roth IRAs, SIMPLEs, and SEPs Contributions, Rollovers,

Distributions, and More*Wichita $260 / $310 8

6/22 Anderson AA: Small Business Accounting & Auditing Update* Wichita $260 / $310 86/23-am Riley TX: Estate Planning Strategies: Minimizing Taxes and Maximizing

Wealth*Wichita $130 / $160 4

6/23-pm Riley TX: Estates and Trusts: Mastering Complex Income Tax Issues* Wichita $130/ $160 46/24 Riley TX: Tips and Traps for Dealing with the IRS from Start to Finish* Wichita $260 / $310 86/27 Anderson AA: Advanced Update for Compilation, Review, & Accounting Services* Wichita $260 / $310 86/27 Panel TX: Conference on Kansas Taxes Topeka $185 / $215 86/28 Anderson AA: Auditors Risk Assessment Process* (Yellow Book) Wichita $260 / $310 86/28 Eisen AA: Internal Controls for Small Business Accounting Systems Wichita $260 / $310 86/29 Eisen IT: Excel Tips, Tricks and Techniques for Accountants Wichita $260 / $310 86/29 Anderson AA: Internal Control Deficiences* (Yellow Book) Wichita $260 / $310 86/29 Tongier AA: 2011 Revised Yellow Book: Government Auditing Standards * Overland Park $260 / $310 86/30 Tongier AA: 2011 Revised Yellow Book: Government Auditing Standards* Wichita $260 / $310 8

How

to R

egis

ter O

nlin

e Step 1: Log-InTo guarantee you are receiving member pricing, make sure to log-in to the website. If you have not been to the website since the new one launched, use the e-mail address you have registered with the KSCPA and your member ID number. If you don’t know what either of these are, contact the KSCPA at 785.272.4366.

Step 2: Click on Professional DevelopmentThe Professional Development section is your go-to place for all your CPE needs. Search the complete listing of KSCPA-sponsored courses and conferences, view available alternative CPE options, sign-up to be a course administrator, catch up on CPE regulations, and read the KSCPA CPE policies.Step 3: Access the Course CalendarClick on “Conferences & Courses” listed in the far right column of the Professional Development page to access the course calendar. Here you can scroll through the entire listing of courses or you can narrow your options by adding search criteria.

Step 4: Select a CourseScroll through the list of course and conference offerings and select the course or conference that best fits your needs. Once you click on the course, you will be able to view all the details regarding the course, including the recommended number of CPE credits, the instructor, knowledge level, vendor, course description, course objectives and course highlights. This is also where you will be able to continue the registration process.

Step 5: View Registration FeesAfter you have selected your course and have decided you want to register, double check the registration fees to ensure you are getting the correct fee. To receive the member fee, you must be a member in good standing and logged in. If you are not logged in you will not receive the member fee. If you are logged in and still not receiving the correct fee, call the KSCPA at 785.272.4366.

Step 6: Click Add to CartAfter verifying your registration fees, click “Add to Cart.” This will take you to a new page called, “Cart.”

Step 7: Review Your Cart

Step 8: Submit PaymentComplete the fields with the appropriate information. Then, click “Pay Now.”

12 kscpa.org

There can be no reward without risk, so risk is something every organization and CPA firm deals with on a daily basis. Companies today must continuously evaluate and create strategies related to risk. With most organizations moving toward “Cloud” applications, security and privacy is an issue in which best practices need to be established and adhered to.

The KSCPA Risk Management Conference is a new event sponsored by the KSCPA for CPAs in public practice, business, industry, government & education as well as CFO’s, Chief Risk Officers, Risk Managers, Attorneys, and other C-suite executives.

This conference is a unique opportunity to learn from Rick D. Funston, the author of “Surviving and Thriving in Uncertainty: Creating a Risk Intelligent Enterprise,” and Melinda L. McLellan, JD, an associate in the New York office of Hunton & Williams LLP, a leading firm in the area of security and privacy and its relationship to risk management. The conference is followed by a course led by Alan W. Anderson, CPA, “Risk Assessment Standards: Practical Insight and Observation for Business & Industry.” This course was uniquely designed by Al to provide business & industry insight and perspective to risk-based audit standards. The course is also beneficial to CPAs in public practice to improve communications and understanding with their audit clients.

Best Practices in Risk Management and Security & Privacy” May 16, 2011 ♦ Ritz Charles Overland Park ♦ 4 Hrs CPE

Members: $130.00 Non-Members: $160.00Followed by “Risk Assessment Standards: Practical Insight and Observation for Business & Industry”

Members: $130.00 Non-Members: $160.00 (4 Hrs CPE)(Lunch is included for participants who attend both events.)

STEERING COMMITTEELynn A. Fountain, CPA, Chair, AVP, Internal Auditing, Black & Veach Corporation

Mary R. MacBain, CPA.CITP, Executive Director, Kansas Society of CPAs

KSCPA Risk Management Conference

“Creating a Risk Intelligent Enterprise:

Sponsored by:

Skyscapes | April 2011 13

KSCPA Risk Management Conference SCHEDULE – Monday, May 16, 2011, Morning 8:00-8:30 Registration

8:30 – 10:00 Rick D. Funston, Deloitte & Touche LLP (Retired)

“Creating Strategies Using Risk Intelligence During Uncertain Times” Author of “Surviving and Thriving in Uncertainty: Creating a Risk Intelligent Enterprise,” provides enlightening thoughts to help organizations create risk intelligent transformative strategies.

10:00-10:10 Networking Break

10:10 – 12:00 Melinda L. McLellan, JD, Associate, Hunton & Williams LLP, New York Office

“A Primer on Identifying, Evaluating, and Managing Legal Risks Associated with Privacy & Security Practices” This session covers strategies to minimize compliance risks associated with privacy and information security laws and regulations.

KSCPA Risk Assessment Course SCHEDULE – Monday, May 16, 2011, Afternoon

12:00-1:00 Lunch (for participants attending the morning conference and afternoon course.)

12:30-1:00 Registration

1:00 – 2:15 Alan W. Anderson, CPA, President, Account-ability Plus, LLC, Minneapolis

“Risk Assessment Standards: Practical Insight and Observation for Business & Industry” When the new risk-based audit standards came out, the profession somehow concluded that risk of a material misstatement of the financial statements was a new concept. This session is designed to offer practical insight and guidance concerning a member in Business and Industry’s (B&I) crucial role surrounding auditor risk assessment. This session works to take the mystery out of those standards and offers suggestions to a B&I member on what they can do to mitigate the risk of a material misstatement in their financial statements. The course is also of interest to CPAs in public practice who desire to improve communications with audit clients.

2:15-2:30 Networking Break

2:30 – 3:45 Continuation of Course 3:45-3:50 Break

3:50 – 4:30 Conclusion of Course

Al Anderson is President and founder of ACCOUNT-ability Plus, LLC, dedicated to achieving excellence in accounting and auditing. Al served as Senior VP of Member & Public Interest at the AICPA and has over 25 years of experience as a partner and National Director of Audit for McGladrey and Pullen, LLP and as Managing Principal of Accounting & Assurance Services for the firm of LarsonAllen, LLP. Al represented the AICPA on the Committee on Sponsoring Organizations of the Treadway Commission (COSO) that developed “Enterprise Risk Management – Integrated Framework.”

Rick D. Funston, is the author of the book entitled, "Surviving and Thriving in Uncertainty: Creating the Risk Intelligent Enterprise," and has more than 30 years of experience working with leaders of numerous global companies. Rick retired from Deloitte & Touche LLP in 2010. He created the concept of risk intelligence for value creation and value protection. He is a frequent speaker and writer on leveraging risk intelligence for competitive advantage.

Melinda L. McLellan, JD, is an associate in the New York office of Hunton & Williams LLP. Her practice focuses on privacy, data security, information management and related regulatory compliance issues. She assists clients in identifying, evaluating and managing risks associated with privacy and information security practices. Melinda is nationally-recognized for her expertise in the field of privacy & security. Melinda is an Overland Park native and graduate of Harvard Law School. Melinda is delighted to visit her home and stays abreast of Missouri and Kansas law related to privacy & security.

14 kscpa.org

Helping a client achieve financial goals by creating strategies for long-term growth is not easy, especially given the uncertainty of the economy over the past several years.

The KSCPA Wealth Management Conference is an annual event sponsored by the KSCPA for CPAs, CFPs, and attorneys who provide financial and wealth management consulting. The 2011 conference provides the usual economic update and strategies and techniques for every-life-stage financial planning. In addition, the 2011 conference covers preserving the wealth of the next generation of retirees who are seeking advice on long-term care and social security enrollment strategies. This conference is an excellent opportunity to network with other professionals who are involved in financial planning and wealth management. The conference is designed for 8 hours of CPE, and has been approved for 6.5 hours of CFP credits, 7 hours of insurance credits and is pending 8 hours of CLE.

KSCPA Wealth Management Conference

“Strategies for Long term Growth” May 16, 2011 ♦ Ritz Charles Overland Park

Members: $200.00 Non-Members: $250.00

STEERING COMMITTEE

Gerald Steffes, CPA/PFS, CFP, President, Steffes Financial, Ltd. Timothy Gottschalk, CPA, Managing Shareholder, Gottschalk & Company, CPAs, LLC

KSCPA Wealth Management Conference SCHEDULE – Monday, May 16, 2011

8:00 - 8:25 Registration

8:25 - 8:30 Opening Remarks, Gerald Steffes, CPA/PFS, CFP®, Conference Chair

8:30 - 9:20 Jerry Bell, JD, Attorney at Law, The Bell Law Firm, P.A. "Preserving Wealth with Asset Protection Planning" Asset protection is not just for the super wealthy. Learn about additional asset protection options that might be available for your clients, who can benefit from these alternatives, and how can you help your clients start their evaluation for their own assets.

9:25 - 10:15 Jerry Bell, JD

" Inherited IRAs vs Retirement Trusts" The inherited IRA is the most common way to transfer retirement assets to the next generation. Learn the value of an inherited IRA and how a Retirement Trust provides all the financial value of an inherited IRA as well as enhancing asset protection for the next generation.

10:15 - 10:25 Break

10:25 - 11:15 Mark Carnes, CFP, Partner, Prosperity Wealth Management, LLC

"Financial Planning with Money Guide Pro" Learn how Money Guide Pro can be used to assess ideal and acceptable goal ranges to help determine the probability of a client’s success in reaching desired goals.

11:20 - 12:10 Gerald Steffes, CPA/PFS, CFP, President, Steffes Financial, Ltd. "Economic Update and Current Trends" Review the current economic trends impacting the investment markets. Topics will include short-term trends such as oil, inflation, and interest rates, and long-term trends such as equities vs. fixed income investments.

12:10 - 1:10 Lunch & Networking

1:10 - 2:00 Kenneth Kinsey, Social Security Public Affairs Specialist

” Understanding Social Security to Create Effective Enrollment Strategies" Learn provisions of the Social Security system so you can guide clients at all stages of their lives.

2:05 - 2:55 Bill Bins, Long Term Care Consultant, Target Insurance Services, Inc.

”Preserving Wealth with Long Term Care Costs" This session explores ways to help clients preserve wealth despite the high cost of long-term care.

3:00 - 3:15 Break

3:15 - 4:30 Gerald Steffes, CPA/PFS, CFP "Asset Allocation Strategies for Secular Bull and Bear Market Trends"

Learn Tactical vs. Strategic Asset Allocation Strategies and how these strategies can benefit your clients in Bull and Bear Markets. We will also look at long-term secular market trends during Bull and Bear Markets and the impact from P/E Ratios, Inflation, and Interest Rates.

4:30 Adjourn

Skyscapes | April 2011 15

KSCPA Wealth Management Conference SCHEDULE – Monday, May 16, 2011

8:00 - 8:25 Registration

8:25 - 8:30 Opening Remarks, Gerald Steffes, CPA/PFS, CFP®, Conference Chair

8:30 - 9:20 Jerry Bell, JD, Attorney at Law, The Bell Law Firm, P.A. "Preserving Wealth with Asset Protection Planning" Asset protection is not just for the super wealthy. Learn about additional asset protection options that might be available for your clients, who can benefit from these alternatives, and how can you help your clients start their evaluation for their own assets.

9:25 - 10:15 Jerry Bell, JD

" Inherited IRAs vs Retirement Trusts" The inherited IRA is the most common way to transfer retirement assets to the next generation. Learn the value of an inherited IRA and how a Retirement Trust provides all the financial value of an inherited IRA as well as enhancing asset protection for the next generation.

10:15 - 10:25 Break

10:25 - 11:15 Mark Carnes, CFP, Partner, Prosperity Wealth Management, LLC

"Financial Planning with Money Guide Pro" Learn how Money Guide Pro can be used to assess ideal and acceptable goal ranges to help determine the probability of a client’s success in reaching desired goals.

11:20 - 12:10 Gerald Steffes, CPA/PFS, CFP, President, Steffes Financial, Ltd. "Economic Update and Current Trends" Review the current economic trends impacting the investment markets. Topics will include short-term trends such as oil, inflation, and interest rates, and long-term trends such as equities vs. fixed income investments.

12:10 - 1:10 Lunch & Networking

1:10 - 2:00 Kenneth Kinsey, Social Security Public Affairs Specialist

” Understanding Social Security to Create Effective Enrollment Strategies" Learn provisions of the Social Security system so you can guide clients at all stages of their lives.

2:05 - 2:55 Bill Bins, Long Term Care Consultant, Target Insurance Services, Inc.

”Preserving Wealth with Long Term Care Costs" This session explores ways to help clients preserve wealth despite the high cost of long-term care.

3:00 - 3:15 Break

3:15 - 4:30 Gerald Steffes, CPA/PFS, CFP "Asset Allocation Strategies for Secular Bull and Bear Market Trends"

Learn Tactical vs. Strategic Asset Allocation Strategies and how these strategies can benefit your clients in Bull and Bear Markets. We will also look at long-term secular market trends during Bull and Bear Markets and the impact from P/E Ratios, Inflation, and Interest Rates.

4:30 Adjourn

16 kscpa.org

The KSCPA Governmental & Nonprofit Accounting & Auditing Conference is an annual event and the largest conference held by the KSCPA. Participants are from all around the state and work in public practice, business, industry, government, and nonprofit. Public practice auditors who perform governmental and nonprofit audits make up the largest group of participants. The conference includes exhibitors and networking opportunities throughout the conference. The 2011 conference, “Transforming the Challenges into Opportunities” is designed to allow participants to take a breather from the challenges of the economy and to regain a positive outlook on the future which holds a multitude of opportunities for CPAs. Improving processes, understanding the current issues, and enhancing communications are covered in the topics presented by outstanding practitioners and educators. The conference is designed for 16 hours of CPE and includes one-hour of ethics, yellow book and accounting & auditing topics. Need another hour of ethics? There is an optional, one-hour “Ethics Southwest Breakfast” session with Jim Clark, CPA to benefit the Foundation.

KSCPA Governmental & Nonprofit Accounting & Auditing Conference

“Transforming the Challenges into Opportunities” May 17 – 18, 2011 ♦ Hilton Wichita Airport

Members: 2-day $280 / 1-day $140 – Non-Members: 2-day $310 / 1-day $170

STEERING COMMITTEE Mark W. Dick, CPA, Chair, Executive Vice President, Allen Gibbs & Houlik, L.C., Wichita Melinda A. Hitz, CPA, Finance Director, City of Garden City Marshal Q. Hull, CPA, Partner, Regier Carr & Monroe, L.L.P., Wichita Rebecca A. Lix, CPA, Manager, Mapes & Miller, CPAs, Phillipsburg Nicholas J. Novelly, CPA, Managing Shareholder, Reese & Novelly, P.A., Wamego Mary R. MacBain, MS, CPA.CITP, Executive Director, KSCPA, Topeka

Special KSCPA rate for Governmental & Nonprofit Accounting & Auditing Conference and Leadership Summit 2011 events starting at $102.00.

Click here to make reservations before May 2 for check-in date May 15 and check-out of May 19.

The KSCPA Governmental & Nonprofit Accounting & Auditing Conference is an annual event and the largest conference held by the KSCPA. Participants are from all around the state and work in public practice, business, industry, government, and nonprofit. Public practice auditors who perform governmental and nonprofit audits make up the largest group of participants. The conference includes exhibitors and networking opportunities throughout the conference. The 2011 conference, “Transforming the Challenges into Opportunities” is designed to allow participants to take a breather from the challenges of the economy and to regain a positive outlook on the future which holds a multitude of opportunities for CPAs. Improving processes, understanding the current issues, and enhancing communications are covered in the topics presented by outstanding practitioners and educators. The conference is designed for 16 hours of CPE and includes one-hour of ethics, yellow book and accounting & auditing topics. Need another hour of ethics? There is an optional, one-hour “Ethics Southwest Breakfast” session with Jim Clark, CPA to benefit the Foundation.

KSCPA Governmental & Nonprofit Accounting & Auditing Conference

“Transforming the Challenges into Opportunities” May 17 – 18, 2011 ♦ Hilton Wichita Airport

Members: 2-day $280 / 1-day $140 – Non-Members: 2-day $310 / 1-day $170

STEERING COMMITTEE Mark W. Dick, CPA, Chair, Executive Vice President, Allen Gibbs & Houlik, L.C., Wichita Melinda A. Hitz, CPA, Finance Director, City of Garden City Marshal Q. Hull, CPA, Partner, Regier Carr & Monroe, L.L.P., Wichita Rebecca A. Lix, CPA, Manager, Mapes & Miller, CPAs, Phillipsburg Nicholas J. Novelly, CPA, Managing Shareholder, Reese & Novelly, P.A., Wamego Mary R. MacBain, MS, CPA.CITP, Executive Director, KSCPA, Topeka

Special KSCPA rate for Governmental & Nonprofit Accounting & Auditing Conference and Leadership Summit 2011 events starting at $102.00.

Click here to make reservations before May 2 for check-in date May 15 and check-out of May 19.

Skyscapes | April 2011 17

KSCPA Governmental & Nonprofit Accounting & Auditing Conference SCHEDULE – Tuesday, May 17, 2011

7:15-8:00 Registration

8:00 – 9:15 Bruce R. Hopkins, JD, Senior Partner, Polsinelli Shughart PC

“The Law of Tax-Exempt Organizations” This session will review a wide variety of issues facing tax-exempt organizations.

9:15-9:25 Break

9:25 – 10:40 Jeff Lanza, Retired FBI Special Agent, Professional Speaker & Certified KC Barbeque Judge

“Facing Up to Fraud in Challenging Times” This session will offer advice on how to limit exposure to the risk of employee fraud.

10:40-10:50 Break

10:50-12:00 Alan W. Anderson, CPA, President, ACCOUNT-ability Plus, LLC

“Audit Planning Transforms the Hope of Audit Effectiveness and Efficiency into Reality” This session offers suggestions to make improvements in the overall planning process.

12:00 Lunch – Visit Exhibitors

1:00 – 2:00 Breakout 1: Jeff Lanza

“Stop Identity Theft Before it Stops You” This session will empower you with knowledge to prevent identity theft.

Breakout 2: Brad Bechtel, AGH Wealth Management Solutions, LLC;

“Employee Benefits: The Options & How We Get There” (YB) This session will explore the employee benefit (including KPERS) dilemma and discuss opportunities.

Breakout 3: J. Richard Johnson, Senior Vice President, Public Sector Health Practice Leader, The Segal Company, Washington, D.C.

“What Your Government Needs to Know About Health Care” (YB) This session will help those involved in state/local government with implementation timeframe.

2:00-2:15 Refreshment Break – Visit Exhibitors

2:15 – 3:15 Repeat of 1:00 – 2:00 breakout sessions

3:15-3:30 Networking Break – Visit Exhibitors

3:30 – 4:30 Mark W. Dick, CPA, Executive Vice President, Allen Gibbs & Houlik, L.C. (& team)

“Accounting & Auditing Update for Government & Nonprofits” (YB) This session will provide attendees with a review of recent updates to A&A standards.

4:30-5:30 Networking Reception (Cash Bar) - Visit Exhibitors

18 kscpa.org

KSCPA Governmental & Nonprofit Accounting & Auditing Conference

SCHEDULE – Wednesday, May 18, 2011 - Morning 7:30-8:30 Visit Exhibitors

Optional Session 7:00 – 8:00 ($25): (Details on the Following Page)

Special “Ethics Southwest Breakfast” with Jim Clark, CPA to benefit the Educational Foundation.

8:30 – 9:30 Breakout 1: Alan W. Anderson, CPA “Single Audit Issues for Government & Nonprofit Organizations” (YB) This session will provide an overview of upcoming KSCPA course December 1(Wichita)2(OP) , 2011.

Breakout 2: Marjorie A. Engle, Vice President, Organizational Development Group, AGH, LC

“Sink or Swim Doesn’t Work Anymore – Hands-on Management for Audit Team Success” Learn an “Rx to improve performance,” helping you focus on the individual while managing the team.

Breakout 3: Bruce Truitt, Professional Speaker in the area of Statistical Sampling

“How to Get the Most from A-133 Sampling” (YB) This session will help you know what you are doing and why you are doing it with A-133 samples.

9:30-9:45 Break – Visit Exhibitors

9:45-10:45 Repeat of 8:30-9:30 breakout sessions

10:45-11:00 Break – Visit Exhibitors

11:00-12:00 Breakout 1: Dale M. Dennis, Kansas Department of Education

“School Finance Law Update” (YB) Breakout 2: Marshal Q. Hull, CPA, moderator; Steve Anderson, CPA, Budget Director,

State of Kansas; Melinda A. Hitz, CPA, Finance Director, City of Garden City; and Kerye, Jackson, CPA, Director of Financial Services, DCCCA, Inc.

“Coping with Shrinking Budgets in Nonprofit & Local Governments” (YB) This session discusses budget policy issues and their impact on nonprofit, state & local entites.

Breakout 3: Bruce Truitt

“Ok, I’ve Tested My Sample – Now What?” (YB) This session demonstrates & discusses the 6 AICPA methods used to extrapolate sampling results.

Are you a KSCPA Peer Review Team Captain? Are you interested in becoming a Team Captain?

Join Jim Brackens, CPA, VP Firm Quality & Practice Monitoring, AICPA, Teresa Keating, KSCPA

Peer Review Administrator, and Tom D. Thomas, CPA, Chair of the KSCPA Peer Review Committee for a lunch-time “Team Captain Networking Discussion.”

To reserve your special seating area, contact Teresa Keating at teresa@kscpa.org.

KSCPA Governmental & Nonprofit Accounting & Auditing Conference

SCHEDULE – Wednesday, May 18, 2011 - Afternoon 12:00 Lunch – Visit Exhibitors

1:00-2:15 Steve Anderson, CPA, Budget Director, State of Kansas

“Good Data Makes for Good Decisions: Implementing Management Information Systems in Governmental Entities” (YB) This session will help attendees minimize time devoted to the process and maximize decisions.

2:15-2:25 Break

2:25 – 3:40 Jim Brackens, CPA, VP Firm Quality & Practice Monitoring, AICPA

“How to Improve your Services with Mandatory Peer Review” This session will help you learn how to capitalize on the educational benefits of peer review.

3:40-3:50 Break

3:50-5:00 Alan W. Anderson, CPA

“Why Your Government or Nonprofit Needs an Enterprise-wide Approach to Risk Management” (YB)

This session will review elements of an enterprise-wide risk framework.

5:00 Adjourn – Congratulations, you have completed 16 hours of Continuing Education!

DON’T FORGET! May 19, 2011 – Professional Issues Update with Jim Metzler, CPA, VP, AICPA Small Firm Interests & KSCPA Spring Leadership Summit – a Super Casual Day for Super KSCPA Members!

Jim Clark, CPA, Chair of the KSCPA Professional Ethics Committee and Immediate Past Chair of the KSCPA Educational Foundation Board of Trustees, is graciously contributing his time to present a one-hour professional ethics update to benefit the Foundation.

This special event, to be held in the Presidential Ballroom of the Hilton Wichita Airport from 7:00 – 8:00am on May 18 features Jim and a hearty Southwestern Breakfast Buffet. $25 includes breakfast and contribution to the Educational Foundation.

If you want to skip the coffee and pastries and opt for some great food, the best ethics education around, and contribute to the KSCPA Educational Foundation, then register for this special event.

Special event to be held in the Presidential Ballroom. Jim Clark has presented ethics throughout the state with more than $10,000 being contributed to the Educational Foundation.

Skyscapes | April 2011 19

KSCPA Governmental & Nonprofit Accounting & Auditing Conference

SCHEDULE – Wednesday, May 18, 2011 - Afternoon 12:00 Lunch – Visit Exhibitors

1:00-2:15 Steve Anderson, CPA, Budget Director, State of Kansas

“Good Data Makes for Good Decisions: Implementing Management Information Systems in Governmental Entities” (YB) This session will help attendees minimize time devoted to the process and maximize decisions.

2:15-2:25 Break

2:25 – 3:40 Jim Brackens, CPA, VP Firm Quality & Practice Monitoring, AICPA

“How to Improve your Services with Mandatory Peer Review” This session will help you learn how to capitalize on the educational benefits of peer review.

3:40-3:50 Break

3:50-5:00 Alan W. Anderson, CPA

“Why Your Government or Nonprofit Needs an Enterprise-wide Approach to Risk Management” (YB)

This session will review elements of an enterprise-wide risk framework.

5:00 Adjourn – Congratulations, you have completed 16 hours of Continuing Education!

DON’T FORGET! May 19, 2011 – Professional Issues Update with Jim Metzler, CPA, VP, AICPA Small Firm Interests & KSCPA Spring Leadership Summit – a Super Casual Day for Super KSCPA Members!

Jim Clark, CPA, Chair of the KSCPA Professional Ethics Committee and Immediate Past Chair of the KSCPA Educational Foundation Board of Trustees, is graciously contributing his time to present a one-hour professional ethics update to benefit the Foundation.

This special event, to be held in the Presidential Ballroom of the Hilton Wichita Airport from 7:00 – 8:00am on May 18 features Jim and a hearty Southwestern Breakfast Buffet. $25 includes breakfast and contribution to the Educational Foundation.

If you want to skip the coffee and pastries and opt for some great food, the best ethics education around, and contribute to the KSCPA Educational Foundation, then register for this special event.

Special event to be held in the Presidential Ballroom. Jim Clark has presented ethics throughout the state with more than $10,000 being contributed to the Educational Foundation.

20 kscpa.org

The KSCPA Conference on Kansas Taxes is an annual event sponsored by the KSCPA to provide CPAs with an opportunity to update knowledge on Kansas tax policy and to meet and network with State officials, legislators, and employees. Participants are from all around the state and work in public practice, business, industry, government, and nonprofit. Public practice tax practitioners make up the largest group of participants. The 2011 conference, “Celebrating 150 years of Kansas” gathers CPAs and other participants in an educational and networking event. This is a chance to take a breather from the challenges of the ongoing “busy season” to introduce participants to new members of the Administration, and to gain an update of the happenings at a very busy 2011 legislative session. The conference is designed for 8 hours of CPE.

KSCPA Conference on Kansas Taxes

“Celebrating 150 Years of Kansas” June 27, 2011 ♦ Capitol Plaza Topeka

Members: $185.00 Non-Members: $215.00

STEERING COMMITTEE Cheryl Hayward, CPA, Chair, Manager, Berberich Trahan & Co., P.A., Topeka Gregg C. Goodwin, JD, CPA, Bever Dye LC, Attorneys at Law, Wichita Reid R. Hash, CPA, Senior Associate, Kennedy and Coe, LLC, Topeka Mary R. MacBain, MS, CPA.CITP, Executive Director, KSCPA, Topeka

The KSCPA Conference on Kansas Taxes is an annual event sponsored by the KSCPA to provide CPAs with an opportunity to update knowledge on Kansas tax policy and to meet and network with State officials, legislators, and employees. Participants are from all around the state and work in public practice, business, industry, government, and nonprofit. Public practice tax practitioners make up the largest group of participants. The 2011 conference, “Celebrating 150 years of Kansas” gathers CPAs and other participants in an educational and networking event. This is a chance to take a breather from the challenges of the ongoing “busy season” to introduce participants to new members of the Administration, and to gain an update of the happenings at a very busy 2011 legislative session. The conference is designed for 8 hours of CPE.

KSCPA Conference on Kansas Taxes

“Celebrating 150 Years of Kansas” June 27, 2011 ♦ Capitol Plaza Topeka

Members: $185.00 Non-Members: $215.00

STEERING COMMITTEE Cheryl Hayward, CPA, Chair, Manager, Berberich Trahan & Co., P.A., Topeka Gregg C. Goodwin, JD, CPA, Bever Dye LC, Attorneys at Law, Wichita Reid R. Hash, CPA, Senior Associate, Kennedy and Coe, LLC, Topeka Mary R. MacBain, MS, CPA.CITP, Executive Director, KSCPA, Topeka

Skyscapes | April 2011 21

KSCPA Conference on Kansas Taxes SCHEDULE – Monday, June 27, 2011

8:00-8:30 Registration

8:30 – 9:20 Nick Jordan, Secretary of Revenue, State of Kansas

“A New Vision for Kansas Tax Policy” Review of the new Administration’s vision for Kansas Tax Policy over the next 3-4 years.

9:20-9:25 Break

9:25 – 10:15 Marlee Carpenter, JD, Governmental Relations Consultant

“2011 Legislative Update & the CPAs Role in Advocacy” Gain an update of 2011 legislative session & discusses how CPAs can impact the process.

10:15-10:30 Networking Break

10:30-11:30 Steve Anderson, CPA, Budget Director, State of Kansas

“Transforming the Kansas Budget to 21st Century Processes” Gain insight into Steve’s journey through his initial budgeting process.

11:30-12:00 Ron Estes, Kansas State Treasurer

“Capitalizing on Opportunities from the State Treasurer’s Office” Learn about the estate and gift tax benefits of Learning Quest, unclaimed property, and other initiatives.

12:00-1:15 Lunch – Mary MacBain, MS, CPA.CITP, Executive Director, KSCPA

“Update of the KSCPA Activities” Door Prizes & special sunflower cake dessert to celebrate 150 years of Kansas statehood.

1:15 – 1:45 Kris W. Kobach, Kansas Secretary of State (invited)

“Increasing Efficiency in Filings & Forms” Become empowered with knowledge to improve your dealings with the Secretary of State.

1:45 – 2:35 Richard Carlson, State Representative; Chair, House Taxation Committee (invited)

“2011 Update on House Taxation Committee & Legislation” Gain an update of the happenings of the House Taxation Committee and what we may expect in 2012.

2:35-2:50 Networking Break

2:50 – 3:40 Karin Brownlee, Kansas Secretary of Labor (invited)

“Coping with Challenges of Unemployment & a Vision for the Future Prosperity” Learn about new legislation and how Kansas will overcome the challenges of unemployment.

3:40 – 4:30 Gregg C. Goodwin, JD, CPA, Bever Dye, Attorneys at Law

“Insight into Kansas Tax Law for 2011 and Beyond” Gain an update to Kansas Tax law over the past year with an assessment of impact in future years.

Young Professionals Conference with Networking Reception

$100 Memb

er

$125 Nonme

mber

Reception 5:00-6:00pm hosted by

Register at

www.kscpa

.org

“Leadership Now! Building Relationships, Achieving Results, and Navigating Change” by Rich Drinon

This conference helps leaders of all levels understand the implications of both leadership and followership styles in the organization. Each session examines the use of power and influence in the workplace, and the importance of displaying commitment, competence, character and a maturing conscious-ness. Participants will explore relationship building in terms of connecting, communicating and collaborating with others, as well as approaches for improving results and promoting change within their respective organization.

KSCPA News

Website’s New Members-Only Feature Tracks EducationNeed another benefit for taking courses with the KSCPA? Anytime you complete a conference, course, or event sponsored by the KSCPA, the Education Tracker on our website is automatically updated with the number of hours granted for each course. This is a member only feature also allows you to print off a copy of the hours you’ve completed making it quick and easy for you to keep track of your Continuing Professional Education hours. Additionally, you can add programs sponsored by other organizations.

Search FunctionView your education credits within a specific date range by entering a “Start Date” and an “End Date”.

Add EducationAdd a non-KSCPA sponsored course or conference to your Education Tracker by clicking here and entering the corresponding information.

Easy Record KeepingPrint a copy of your Education Tracker and keep it for your records. That way, you always know where you are with your hours.

Add Picture to Member ProfileYou now have the option of letting all KSCPA members see you. Add a picture to your profile and it will appear in the member directory. Click “Member Home” (the screen you see after you’ve logged in), simply click “Edit Your Information.” Then, scroll down until you see the field that contains your e-mail address. Directly below that field, you’ll see the “Photo” field. Click “Browse” to find the .jpeg file of your desired picture. Once you’ve selected your photo, click “Open.” Finally, scroll all the way to the bottom and click “Update.” To view your photo, or those of your colleagues, under “Members” select “Member Diretory.” Search for yourself or another member. Click on the member name. Additional contact information and the photo appear!

KSCPA News

Visit the KSCPA’s new Facebook page! Get updates on upcoming events, courses, and conferences and give us your suggestions and ideas!

24 kscpa.org

Skyscapes | April 2011 25

Teresa Keating Celebrates 12 Years with KSCPAOn April 12, I celebrated my 12th year with the KSCPA. Since I started, I have always said that I love my members. Once again, they have proven why this is true.

After Mary sent out the e-mail, I received an unbelievable amount of gratitude from our members for my twelve years of service with the KSCPA.

I would like you to know that I appreciate all of the e-mails and e-cards that I received, and I truly appreciate working with all of you.

~Teresa

From: Marvin Maydew

Sent: Tuesday, April 12, 2011

To: Teresa Keating

Subject: 12 years

The second most senior of the KSCPA’s past presidents, Marvin Maydew, was one of the many members who e-mailed Teresa on her anniversary. Here’s what Marvin had to say.

Dear Teresa: Congratulations on 12 years of service and your outstanding contributions to KSCPA. I share your feelings about liking the members. I used to sing in a barbershop quartet and remember that fellow members of SPEBSQSA, Inc. ( Do you know what that stands for? Ha.) used to say that their colleagues were uniformly great people to know and be with. Frankly, CPAs also fit that "great people" category, one and all! Having said that I believe the solutions of the many budget and fiscal problems of Washington, the states and subdivisions will ultimately come from our profession, because of good citizenship, trustworthiness, honesty, and work ethic. Regards, Marvin Maydew P.S. Now back to income tax.

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Member Profile:1. Name, title, current employer, family: Rebecca J. (Becky) CaseyChair, Department of Accounting and Computer Information SystemsPittsburg State UniversityHusband: Rick Casey, President of family business, Broadway Electronics; married 30 yearsChildren: son, Drew Casey, High School Freshman; daughter, Jeni Crockett, (Internal Auditor for Leggett and Platt) and husband Brad Crockett, MO State Trooper

2. What is your current KSCPA involvement? Primary interest is in generating student involvement as KSCPA student

members

3. What was your first job?Controller, First Federal Savings and Loan

4. What was your worst job? I have enjoyed and learned from every position I have held. I cannot characterize any as “worst".

5. What are three words that best describe you? Passionate, Dedicated, Caring

6. What book (if any) are you currently reading?Accounting for Sustainability, Practical Insights

7. What are your hobbies?Attending my son’s sporting events and reading.

8. What are your favorite foods?Steak, Chocolate, and my Mom’s pumpkin pie.

9. What is your favorite movie(s)?The Notebook

10. What is your dream vacation?Spending a month at Key Largo doing anything I want, or absolutely nothing.

11. What is your biggest pet peeve?People who are self-centered.

12. What do you try to avoid?Being around people who are self-centered.

13. Who is the person you most admire and why?My neice, Bekah Henderson. Bekah is 20 years old and has overcome many obstacles in life, having been born with special needs. She was recently named most inspirational athlete by

Skyscapes | April 2011 27

Kansas Special Olympics. Bekah is the most caring and thoughtful person I know.

14. Name one person (dead or living) you would like to meet. Why? I would like to meet the President of the United States and have a heart-to-heart discussion regarding the future of Higher Education in the United States.

15. What is your favorite song and artist/musical group?“Unchained Melody “ (Righteous Brothers) 16. What is your greatest accomplishment or greatest impact you have had?The recent merger of the PSU Department of Accounting and Computers Science & Information Systems into the Department of Accounting and Computer Information Systems. This project took a tremendous amount of research and planning and has, to date, been very successful.

17. If you could have any job you wanted, what would it be?I would want to work in Washington D.C. in some capacity, where I could have a positive impact on the future of Higher Education in the United States.

18. How do you achieve balance between your personal and professional life?This is my greatest challenge. My rule of thumb is God and family first.

19. What would you like to get around to doing when you have time?Learning more about government and politics.

20. What might people be surprised to learn about you? I am a national scubadiving champion (Scuba Skills events; not spearfishing), BC (Before Children)

21. What talent would you most like to have?Something musical; this was something I was not interested in growing up. Perhaps when I retire I will learn how to play piano.

22. If you could be present at any historical event, which one would you choose? The beatification ceremony of Pope John Paul II.

23. How would you like to be remembered?As a compassionate, dedicated, and successful leader.

24. Why did you choose to pursue the CPA designation? Dr. Guy Owings was chair of the PSU Department of Accounting and my academic advisor in the early 1980’s. His guidance and encouragement led me down this path.

Would you like to be profiled in the KSCPA Newsletter? This is one of the most widely read articles! Our members want to know more about other members.

Join in the fun… send an e-mail to Mary@kscpa.org.

KSCPA campus news

The KSCPA recently made trips to area campuses for several events pertaining to the student membership program - UP! (Up & Coming Porfessionals). The first KSCPA member panel was held at Tabor College and visits to BAP meetings were made at Emporia State University and Washburn University.

WashburnWashburn

KSCPA campus news

Tabor

Emporia

Tabor

Emporia

Welcome!Welcome!Ryann AaronLucke & Associates, CPAs, LCWichita, KS

Sherry BroersHeritage Tractor, Inc.Baldwin City, KS

Lisa CoulterDeliotte & Touche, LLPQueensland, Australia

Melissa DeelWichita, KS

Erin HanavanMarks Nelson VohlandOlathe, KS

Travis JasnoskiKC Bell IncWichita, KS

Eric KientzGeorge Bowerman & Noel, P. A.Wichita, MO

Galeen KoeppenCommunities in School in Wichita/Sedgwick CountyGoddard, KS

Shannon NyeLarson & Company, P. A. Wichita, KS

Dominic OrtizPrairie Band Entertainment CorpLawrence, KS

CPA Members Student Members

Ashley BahnsWichita State University Andrea MolinariWichita State University

Rebecca Troxell

Anne VoWichita State University

Ernest PetersonMarch 16, 1921 – March 3, 2011From the McPherson Sentinel:

Ernest A. Peterson retired CPA and founding partner at Peterson, Peterson and Goss passed away on March 3, 2011. Ernest served in the Army Corps in WWII. He was a Trustee Emeritus at McPherson College and a previous president of the Optimist Club. Peterson was of the first 300 to receive his CPA certification. He was a lifetime member of the KSCPA. He will be greatly missed!

In Memoriam...In Memoriam...

Leroy Ernest HeidebrechtMay 12, 1935 – March 12, 2011From the McPherson Sentinel:

Leroy Ernest Heidebrecht, CPA passed away on March 12, 2011. He graduated from Wichita State University with a degree in accounting in 1957. He was a member of AICPA, member and past president of the McPherson Chamber of Commerce. He established Heidebrecht & Howell Accounting firm in 1978. Heidebrecht was of the first 750 to receive his CPA certification. He was a lifetime member of the KSCPA. He will be greatly missed!

Peterson, Peterson & Goss L.C. Founding Partners with Gary Boomer, Past President

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Paul Allen, CPA From Greater Wichita Economic Development Coalition: Paul Allen, Wichita, has been elected as the Chairman of the Greater Wichita Economic Development Coalition. The GWEDC is the regional public-private partnership formed by the City of Wichita, Sedgwick County and private businesses. It creates and executes the community’s business recruitment, retention and expansion plans. Paul is the Chief Executive of Allen, Gibbs & Houlik, L.C. He is the past chairman of the Wichita Metro Chamber of Commerce, the Wichita State University Alumni Association and Go Wichita. He also chaired the 2010 United Way of the Plains campaign. Congratulations, Paul!

Amanda Biggs, CPA From Marks Nelson Vohland Campbell Radetic LLC: Amanda Biggs, Overland Park, has joined Marks Nelson Vohland Campbell Radetic LLC as an associate. She holds a Juris Doctorate from the University of Kansas School of Law and a Bachelor of Science in Finance from Kansas State University. She is a member of the Bar, State of Missouri. Congratulations, Amanda!

John Bruckner, CPA From Emporia State University: John Bruckner, Salina, has been chosen as this year’s featured speaker at the Emporia State University Beta Alpha Psi 2011 Department Honors Banquet. He is the current president of the KSCPA. He is also an officer for the Knights of Columbus, treasurer of the Salina Area Youth Sportsmanship Initiative and a member of the Salina Ambucs Businessman’s Club. Congratulations, John!

Amy DuPuis, CPAFrom the Manhattan Mercury:Amy DuPuis, Manhattan, has been promoted to manager at Sink, Gillmore and Gordon. DuPuis has worked at Sink, Gillmore and Gordon since January 2010. She specializes in business and individual tax preparation, along with researching local, state tax and federal law. She writes for Professional Tax Institutes conferences. She graduated from Wichita State University with a Masters of Accountancy. Congratulations, Amy!

James V. Myers, CPAFrom the Leoti Standard:James V. Myers, Tribune, has been elected to the USD 467 Board of Education. Myers will join the board July 2011. He owns his own business, James V. Myers, Chartered in Leoti and Tribune. He graduated with a Bachelors of Science in Business Administration and a Masters of Accounting from Kansas State University. He is also a graduate of the “20 up to 40” program and in 2010 he became a Class Mentor for the young CPA’s in the state. Congratulations, James!

Mark Schmelzle, CPAFrom the Wichita Eagle:Mark Schmelzle, Wichita, has been promoted from senior manager in the assurance department to vice president at Allen, Gibbs & Houlik, L.C. Congratulations, Mark!

membernews [Check out what’s new

with our KSCPA Members!]

Skyscapes | April 2011 31

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Mark Your Calendar!

Designed for the profession, by the profession.SM

Events Conferences

Risk Management ConferenceMay 16, 2011 - Overland Park

Kansas Legislative UpdateJanuary 27, 2011 - Topeka

Wealth Mgmt ConferenceMay 16, 2011 - Overland Park

Legislative ReceptionJanuary 27, 2011 - Topeka

Governmental & Non Profit Accounting & Auditing Conference

May 17-18, 2011 - Wichita

Leadership Summit & Issues Updatewith Jim Metzler

May 19, 2011 - Wichita

BIG/E ConferenceAugust 10, 2011 - Wichita

Conference on KS TaxesJune 27, 2011 - Topeka

Young Professionals ConferenceMay 18 2011 - Wichita

Business Valuation ConferenceOctober 21, 2011 - Overland Park

61st Annual Tax ConferenceNov. 17-18, 2011 - Overland Park

KSCPA Board RetreatJuly 22, 2011 - Oklahoma City, OK

AICPA Regional Meeting of CouncilApril 17, 2011 - ChicagoApril 21, 2011 - Atlanta

AICPA Spring Meeting of CouncilMay 22-24, 2011 - Washington, D.C.

AICPA Fall Meeting of CouncilOctober 17-19, 2011 - Phoenix, AZ

AICPA & CPA/SEA LeadershipOctober 15-17, 2011 - Phoenix, AZ

Annual Meeting Opening ReceptionNovember 15, 2011 - Overland Park

Issues Update & Annual MeetingNovember 16, 2011 - Overland Park

www.kscpa.org

Women to Watch Conference & LuncheonSeptember 16, 2011 - Wichita

To view more details, click on any event or conference or visit www.kscpa.org.

Heartland Technology ConferenceDecember 15-16, 2011, Overland Park

Skyscapes | April 2011 32

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CLASSIFIEDS

Audit & Tax Manager

Adams, Brown, Beran and Ball, Chartered, a progressive innovative CPA firm with 12 locations in Kansas is seeking an individual for a full time Audit & Tax Manager for their Colby, Kansas office. This postion will lead, direct and review the work of others and must be knowledgeable and experienced in tax and audit compliance and planning. Must be self-motivated and demonstrate strong analytical, organizational, and communication skills. Requires problem solving abilities along with an aptitude to learn and effectively use multiple software applications. Successful candidate must be a CPA with experience in public accounting demonstrating a progression in complexity, scope and number of projects. This opportunity offers professional development, manageable work/life balance and excellent benefits. Send cover letter and resume to: Human Resource Director, P.O. Box J, Great Bend, KS 67530 or apply online at www.abbb.com EOE

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Post a Classified Online!Have a job opening or internship? Needing to sell something? Submit a classified online. All classifieds submitted run for 30 days on our website and in the next issue of Skyscapes. You do not have to log-in to access the classifieds page or to post a classified ad. Simply follow the steps below to submit your ad today.

Step 1: Go to www.kscpa.org

Step 2: Click on the “Classifieds”

Step 3: Click “Post a Classified”

Once your ad has been received, you will be contacted by the KSCPA with the total word

count and cost of the ad. Invoices are sent out after the ad has been published in Skyscapes.

Questions? Contact Mary MacBain at mary@kscpa.org or 785.272.4366

Step 4: Scroll down

Step 5: Complete the “Classified Info” form and click “Submit”