2014 Business & Industry Conference

Sponsored by BMO Harris Bank


Return to CPAs in Business & Industry Conference

8:30-9:50 a.m. General Session 
  People-Centric Skills: Leadership
Danny M. Goldberg, CPA, CIA, CISA, Gold SRD 

What makes a successful manager? Technical capabilities play a part in advancement but, most importantly, is an individual’s ability to relate to others and connect with the team. Regardless if you are a CPA, CIA or CISA, People-Centric© Skills differentiate management from staff and seniors. This keynote address will take attendees through the key people and leadership skills that help make successful leaders and key trends in the audit industry. Topical matter includes: what key characteristics all leaders have in common; what the important trends are over the next five years; and the key People-Centric© Skills that leaders exhibit?

9:50-10:05 a.m. Networking Break
10:05-11:10 a.m. Breakout Sessions 
 A. Locked Down: Information Security for CPAs
Sharon D. Nelson, Esq. and John W. Simek, Sensei Enterprises, Inc.

All too often, information security is not prioritized by CPAs. It costs money to protect data and businesses frequently resist budgeting for security, even though an ounce of prevention is far less expensive than a pound of cure. Investigating and remediating data breaches is expensive, not to mention the necessity of complying with state data breach notification laws. This session will cover how data breaches occur; how to prevent data breaches using a combination of technology, policies and training; secure computing when you’re on the road; encryption; the new rules for strong passwords; common sources of breaches; what you must do after a data breach; and stories of real-life data breaches which will no doubt cause you to reassess the security of your own data. 

B. A Legal Update on One of Your Most Significant Expenses
Tami A. Earnhart, J.D., Ice Miller LLP

This session will provide an update on risks and legal issues related to your company’s employees. We will cover a range of issues, including recent efforts to increase the minimum wage and limit the exemptions from overtime and the ongoing focus on employee misclassifications. We also will discuss the status of court decisions related to the taxation of severance pay and other activities related to the payment of and withholdings from wages. To round out the discussion, this session will provide an update on class/collective actions and other recent events in employment law that can affect your bottom line.

11:10-11:20 a.m. Networking Break
11:20 a.m.-12:25 p.m. Breakout Sessions 
A.  Tax Update 
David McDaniel, CPA, Sikich LLP

This session will cover Indiana tax legislative changes including tax rates and property taxes; federal update on the status of extenders – bonus depreciation and Section 179 and tax reform; domestic production deduction; use of IC-DISC for exports; R&D tax credits – federal and state; cost segregation for assets; and Indiana nonresident shareholder tax withholding update. 
B. Does Internal IT “Get It:” Building a Better Bridge Between the IT Service Provider and Finance
Keith D. Sutherland, Service Management Dynamix, LLC

In most any organization, both IT and finance serve the mission, goals and business objectives of the company, and specifically every other business unit in the organization. For many internal company IT service providers, funding occurs as a result of an annual budget allocation; with that allocation perceived to be the “up front” capital to support the deployment and operation of IT services throughout the entire fiscal year. Budgeting and accounting is not just an annual event, including generating a budget, and then maintaining it month-to-month as part of monitoring the “budget versus actual” reporting. In reality, IT service costing activity started with annual business strategic planning, and carries through to day-to-day responsibility, as the cost of IT service provisioning ebbs and flows, hopefully within a threshold, based on the quality of service being provided. This session is focused on an approach for both the IT service provider and the comptroller to realize more mutual understanding, visibility and management control of the cost (and quality) of providing IT services to the business of your company.

12:25-1 p.m. Conference Luncheon
1-2:05 p.m. General Session 

Practical Ethics
Danny M. Goldberg, CPA, CIA, CISA, Gold SRD 

CPAs and internal auditors face complex decisions on a daily basis without realizing many of them are actually ethical dilemmas. Although values and ethical issues pervade all social studies, this session provides attendees with an opportunity to study these issues in greater depth. This is a facilitated session with numerous group discussions and case studies where attendees can put into practice what they learn.

2:05-2:10 p.m. Networking Break

2:10-3:10 p.m. General Session 
  A&A Update  
Martin J. Birr, CPA, CIA, CMA, Kelley School of Business 

Keeping up with new regulations from FASB is probably more difficult now than ever before. Martin will get you up-to-speed with the latest FASB issues and what they mean to you as well as discuss items on the horizon. 

3:10-3:25 p.m. Networking Break 
3:25-4:30 p.m. Closing General Session
  Blue Oceans and Clean Paper — Using the ACA and Wellness as a Catalyst to Move Organizations
Karl J. Ahlrichs, SPHR, Gregory & Appel Insurance

We are now in the first year of full implementation of the ACA and it is clear that we must work with the ACA, not work around it. So, how can we use it as a force for good, and not treat it as a government overreach? In this session, we look at the impact of certain parts of the ACA on the culture of the organization, and share specific strategies and tactics that can be adapted and implanted in your organization. If handled in future-thinking ways, it is possible for the ACA to drive benefits strategy, with direct connection of the links between wellness, worker's compensation, safety and customer service. This presentation does not intend you to like the ACA – just to implement it in ways that are beneficial to the organization. 

4:30 p.m. Adjourn