The Bottom Line
News from the South Central Indiana
IMA Chapter
January 2008
Volume 13 Issue 8
http://southcentralindiana.imanet.org/index.html
Table of Contents
President’s Message ................................................................................................................................3
February All-Day Event .................................................................... Error! Bookmark not defined.4
Speaker Bios ................................................................................................. Error! Bookmark not defined.5
Program and Roster ................................................................................................................................4
Membership Drive ......................................................................................................................................4
CPE and FMN Opportunities ..............................................................................................................5
IMA Technical Luncheon Dates .......................................................................................................6
Volunteer Activities................................................................................................................................7
Certified Management Accountant ........................................................................................ 10
CMA Self-Study Group .......................................................................................................................... 11
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President’s Message
Throughout life we are faced with situations where we can
choose to either give or take. Examples include church, our
families, clubs, and professional associations like the IMA.
Often we give and take at the same time, such as in church
where we accept spiritual support from our church while we
may volunteer our time in some other way. In families, as
children we take from our households, letting our parents earn
money, clean the house, and provide for us in many other
ways. Later in life we may return the favor.
The IMA gives so much to our members. The Board of Directors consists of 21 people
who spend time creating things that benefit our membership. From luncheons to CPE
opportunities, from newsletters to certification guidance, the board gives a considerable
amount. As members, we should all think about giving back to the organization that has
helped us so much. Our board needs new members and new ideas. Sure, there are
benefits to being on the board; it’s an excellent chance to network, hone your leadership
skills in a non-threatening setting, and guide the profession. But more importantly in my
mind, it should be about giving back to an organization that’s given so much to you.
Next time you attend a meeting, take a moment to think about the hours that go on
behind the scenes. I hope each of you takes the time to “give back” in the near future,
as our board needs you to continue being one of the best chapters in the nation. We
must transmit to national our first draft of a board in late January. The board that
currently reports to me has worked hard to make this year successful and to help each
of you. Please contact me or any other board member soon to return the favor.
Dave
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Program and Roster
Your 2007-2008 South Central Indiana Program and Roster is now available. You
can access it on our South Central Indiana chapter website - thanks to Ann Reid.
http://southcentralindiana.imanet.org/newsletter.htm
If you wish to have a hard copy delivered to you, contact Ron Luther
(ron.d.luther@cummins.com or 812-377-3409).
Membership Drive
IMA is having a membership drive, and offering a one-time-only opportunity to save
money on membership. Please read the link attached for details. This applies to new,
regular members, and the savings is 30% off the normal rate!!! Please take this
opportunity to join and save yourself or your company a significant amount. Please
approach those in your areas who are not yet members, and provide them this
information so they too can gain the benefits of being an IMA member. If you have
specific questions, you may contact Patrick Porter, Director of new membership.
Link --> http://www.imanet.org/chapmem/chapmemdrive.asp
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CPE and FMN Opportunities
Earn one (1) CPE hour each month by attending the monthly 2007-2008 technical
luncheons. All IMA Technical luncheons are at 11:45 AM – 1:00 PM. See IMA
Technical Luncheon section for dates.
FMN Sessions held monthly from 10:00 AM – 2:00 PM at the Cummins Corporate
Office Building in Conference room 201. You can earn up to four (4) CPE credits
monthly by attending those sessions. Anu Arora is the 2007-08 Director of
Professional Development and can be contacted at 812-377-3408 or
anu.arora@cummins.com. Specific topics will be forthcoming closer to each
session.
Tues. Feb 19, 2008 Tues. Aug 19, 2008
Tues. Mar 18, 2008 Tues. Sept 16, 2008
Tues Apr 22, 2008 Tues. Oct 21, 2008
Tues. May 20, 2008 Tues. Nov 18, 2008
Tues. Jun 17, 2008 Tues. Dec 9, 2008
Tues. Jul 22, 2008
Irwin Union Bank and Irwin Financial Management schedule similar sessions each
month, with the opportunity to earn 2 CPE credits. These sessions are held on the 2nd
floor of Irwin Union Bank at 500 Washington Street in Columbus. If you are interested
in attending these sessions, please contact Nancy Seelye at 812-379-7611 or
Nancy.Seelye@irwinunion.com a week prior to the scheduled session.
Thurs., Feb 28 – 11:45 am – 1:30 pm
Thurs, Mar 27 – 11:45 am – 1:30 pm
Thurs., Apr 24 – 11:45 am – 1:30 pm
Thurs., May 22 – 11:45 am – 1:30 pm
Thurs., Jun 26 – 11:45 am – 1:30 pm
Thurs., Jul 27 – 11:45 am – 1:30 pm
Thurs., Aug 28 – 11:45 am – 1:30 pm
Thurs., Sep 25 – 11:45 am – 1:30 pm
Thurs., Oct 23 – 11:45 am – 1:30 pm
TBD, Nov – TBD
Please register to attend and share it with your chapter members and others who may
be interested in attending. We have a convenient new location this year, a great panel
of speakers, and new topics. We hope you can all join us for 8-hours of CPE and
networking opportunities. Registration Form on South Central Indiana website.
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IMA Technical Luncheon Dates
All IMA Technical Luncheons are on Thursdays on the following dates for 2007-2008
and will take place at the Holiday Inn in Columbus. Please make sure you RSVP to
the luncheon notices sent by the call captains.
February 21, 2008 – All Day Event
March 27, 2008 – Tina Vujovich - Sustainability
April 24, 2008 – Tom Vujovich – City of Columbus – Downtown Redevelopment
May 15, 2008 – G. Richard French – Balanced Scorecard
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Volunteer Activities
VOLUNT EER ACT I ON CENT ER
The Columbus Scottish Festival needs your help. They need
individuals or groups to fill key roles by volunteering to help with the
planning and organization of various programs and committees for
their 2008 festival. They are also in need of volunteers to fill smaller
less time consuming jobs.
Please contact either Kevin Konetzka at 812-546-6060 email
k.k.konetzka@att.net or Jo Harrison at 812-342-0580 email
joandian@comcast.net.
The Columbus Child Care Center is in need of a Facility
Greeter. The major responsibilities will be to great people as
they drop off or pick up children from the three agencies
within the building: Help parents, delivery personnel, or
designated individuals find the appropriate agency they are
looking for. Notify supervisor of any suspicious person or
activity.
Time Commitment: 2 hour shift, 5 days per week (this is negotiable)
Qualifications: Cheerful, energetic, enjoy working around children and positive attitude.
Work Location: Columbus Child Care Center-If you are interested, please call Angie
Huebel at 812-314-2706 or e-mail at ahuebel@uwbarthco.org.
Benefits to the volunteer: Interaction with adults and children. You will help parents,
children, extended families and friends and visitors feel welcomed to the child care
center.
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Volunteers
Needed!
February 23—24, 2007
6pm-6am at Central Middle
School
All proceeds benefit Turning Point Domestic Violence
Services to help educate and stop domestic violence.
How You Can Help:
Volunteer to Chaperone 1 or more of 5 shifts:
6pm to 9pm—Dancer Check-In
6pm to 10pm—Dance Security
9:45pm to 2am—Dance Security
1:45am to 6am—Dance Security
5am to 8am—Clean UP
Have Questions: Want to Lend a Hand? Contact:
Andrea Best: andrea.l.best@cummins.com, Phone: 377-6985
Ami Tincher: ami.tincher@cummins.com, Phone: 377-2057
Want to Help, But Can’t Volunteer? Contributions may be
sent to:
Turning Point, Attention: Dance Marathon, P.O. Box 103,
Columbus, IN 47202
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March of Dimes is looking for a Division
Communications Committee Member. This volunteer
will lead, with others on the committee, the
implementation of prematurity awareness activities and
promotion in the division. This person will also support
the marketing and promotion of division fundraising
events. If this is something you would like to get involved with please contact Rick
Reed at 812-372-5400.
Celebrate the Chinese New Year with Kidscommons
Carnivale China is Kidscommons’ (Columbus Community
Children’s Museum) annual fundraising gala. Your help is
needed to make this event a success. Volunteers are
needed to greet guests, help with silent auction, provide
drivers for valet parking and clean up. The event is Saturday
February 16th from 7-10 pm. Volunteers for the evening event
must be 21. Free food (authentic Chinese cuisine) and the
opportunity to join in the evening festivities which includes
music and entertainment are provided in return! For more
information or to volunteer contact Jean Ozols at 812-376-6674 or email at
c.ozols@sbcglobal.net
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Certified Management
Accountant
Secure a Professional Advantage with
IMA’s Prestigious Global Certification Program: CMA
The Certified Management Accountant (CMA) designation provides corporate
management and individual members with an objective measure of knowledge and
competence in the field of management accounting. It is an invaluable credential for
professional advancement and for broadening professional skills and perspectives.
CMA Review Materials:
We have finalized our discount agreement with Gleim and now our members are
eligible to purchase Gleim’s CMA materials with up to 32% discount!
Please contact Warittha Thiragirayuta at warittha.thiragirayuta@cummins.com if you
would like to receive an order form for:
Gleim's Complete Systems for the reorganized CMA exam (13th Edition):
CMA/CFM Complete System (32% Discount) Totals
Books, Test Prep CD-Rom, audios, Gleim Online
for Parts 1-4 CMA, plus CFM materials $571.13
CMA Complete System (32% Discount)
Books, Test Prep CD-Rom, audios, Gleim Online
for Parts 1-4 CMA $503.17
Gleim's Complete Systems for the unchanged CMA exam (11th Edition): The
unchanged exam (11th edition) is for people that entered the certification program
before June 30, 2004, and so are eligible to take the unchanged exam, which will be
available until December 31, 2007.
CMA/CFM Complete System (50% Discount)
Books, Test Prep CD-Rom, audios, Gleim Online
for Parts 1-4 CMA, plus CFM materials $427.74
CMA Complete System (50% Discount)
Books, Test Prep CD-Rom, audios, Gleim Online
for Parts 1-4 CMA $340.98
CFM Review System
Test Prep CD-Rom and Gleim Online for Part 2 CFM $144.95
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Gleim also provides discounts for the smaller sets. Members wanting less than a
Complete System please contact the following Gleim's representative for pricing:
Matthew J. Cmar
Accounting Training Consultant
matthew.cmar@gleim.com
Gleim Publications, Inc.
4201 NW 95th Blvd.
Gainesville, FL 32606
PHONE (800) 874-5346, Ext. 135
FAX (352) 375-6940
Hours:
Mon-Fri, 10 a.m. - 7 p.m. ET
Sat-Sun, Email only
visit www.gleim.com
CMA Self-Study Group
If you would like to join a self-study group to help you prepare for the Part 3 of the CMA
exams, please contact Ginger R White at 812-377-8839 or send an email to
ginger.r.white@cummins.com. The group will meet on Monday from 5:00PM to 6:00PM
starting on January 7th, 2008 at the COB.
Points
As you may already know that our chapter will automatically get points for you passing
the exam. However, you might not know that we also get points for the time you spend
studying for it. We would recommend that you wait until you actually pass the exam and
report the number of hours to us so there will not be any change in the studying hours.
We will get one point for an hour spent studying. The maximum points we can get will
depend on the number of study hours suggested by your study materials for each part
of the exam, which can vary. For those of you that have taken the exam, please
send the following information to Warittha Thiragirayuta.
Exam Part: (1, 2, 3, or 4)
Pass date:
Study Materials used:
Number of hours spent studying: (Hours claimed cannot exceed the "recommended
study hours" in your study materials)
Visit www.imanet.org/certification to learn more about CMA. Get certified!
Please contact Warittha Thiragirayuta, a CMA/CFM Program Director, at 812-377-
3906 or warittha.thiragirayuta@cummins.com if you have any questions.
“The CMA deals with all the relevant areas of financial management and is a perfect
complement to the strategic way we expect our professionals to perform.”
Stephen J. Cosgrove, CMA, VP & Corporate Controller, Johnson & Johnson
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