Rocky MountainArea Conference

2012

For Finance and Accounting ProfessionalsRegister at: www.accountingconference.org

Thursday, September 20, 2012Friday, September 21, 2012Arvada Center6901 Wadsworth BoulevardArvada, Colorado 80003

Presented By:

For more information and updates, please visitour website at www.accountingconference.org

Rocky MountainArea Conference

2012

For Finance and Accounting ProfessionalsRegister at: www.accountingconference.org

CPE credits are based on a 50-minute hour. Participants must remain in a particular session for at least 50 minutes to earn a minimum of 1 CPE credit. Under current Colorado State Board of Accountancy guidelines, all active Colorado licensees must complete four hours of ethics courses, which may include two hours of Colorado Rules & Regulations in every two year reporting period, to maintain their license in an active status. All attempts have been made to ensure that these classes qualify for CPE credit under the rules of the Colorado State Board of Accountancy. Attendees have the responsibility to ensure that the classes they attend conform to the CPE credit guidelines and policies of the association managing their certification or the state issuing their license.

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16 Hours of Continuing Professional EducationIncludes Colorado Qualifying Ethics (CQE)

IMA, IIA, and ASWA members may begin registration July 23, 2012All other registrations will begin August 1, 2012

Go to the RMAC website at www.accountingconference.org and click on “Join our mailing list” Add your email to be the first to hear about future conferences

Keynote SpeakersDouglas E. Cash – Forensic Interviewing: Obtaining the Underlieing Information Martin Atkin – The Global Capital Markets: New Realities – New ApproachesJohn J. Hall – Do What You Can! Simple Steps – Extraordinary Results John Sileo – Thieves, Hackers and Facebook Attackers: Digital Data Privacy in a Mobile-Social World

Corporate Sponsors

Keynote Speakers

John J. Hall is a nationally recognized speaker, author and business and personal results consultant. Throughout his 35-year career, he has worked with organizations, work teams and individuals to achieve extraordinary results. A veteran motivational keynote and workshop speaker, John has spoken around the world at more than 1,800 conventions, corporate meetings, and association events.

Martin Atkin joined Bernstein Global Wealth Management in 2005 as a Senior Portfolio Manager and was appointed a National Managing Director in 2009. He is a member of the Private Client Investment Policy Group. Atkin worked for 23 years in the corporate finance areas of J.P. Morgan as a managing director and senior investment banker responsible for the diversified industries group. He was a member of the investment banking management committee. Atkin earned a BA in economics from Trinity College, Cambridge, and an MA in economics from Cambridge University.

John Sileo’s identity was stolen from his business and used to embezzle $300,000 from his clients. The breach destroyed John’s corporation and consumed 2 years of his life as he fought to stay out of jail. Out of his experience, John became an award-winning author and international speaker on the dark art of deception (identity theft, data privacy, human fraud, social media manipulation) and its polar opposite, the powerful use of trust. He is CEO of The Sileo Group, which advises teams on how to multiply performance by building a culture of sacred privacy and deep trust.

John J. HallHall Consulting, Inc.

Martin AtkinBernstein Global Wealth Management

John SileoThe Sileo Group

Douglas E. Cash – Forensic Interviewing: Obtaining the Underlieing Information Martin Atkin – The Global Capital Markets: New Realities – New ApproachesJohn J. Hall – Do What You Can! Simple Steps – Extraordinary Results John Sileo – Thieves, Hackers and Facebook Attackers: Digital Data Privacy in a Mobile-Social World

Doug E. Cash has more than 27 years of law enforcement experience, with an emphasis on white collar crime. He conducts fraud-related investigations, which include embezzlement, money laundering, identity theft and theft by misrepresentation. Doug has completed courses in the Reid, Cognitive and Kinesic disciplines of interviewing and teaches classes on identifying deception in individuals. He has conducted more than 100 educational presentations on the importance of forensic accounting.

Douglas E. CashEide Bailly LLP

2012 RMAC Conference ScheduleThursday, September 20, 2012All Sessions are Group Live Instruction

TimeAccounting/Auditing

Corporate Finance Management/Leadership

Special Topics/ Taxation

7:00 - 7:30

7:30 - 7:40

7:40 - 8:30

8:45 - 10:25

10:40 - 12:20

12:20 - 12:50

12:50 - 1:20

1:20 - 2:20

2:50 - 4:30

2:20 - 2:50

Registration and Continental Breakfast, Sponsored by: Hein & Associates

Welcome and Opening Remarks

Keynote Speaker - Douglas E. CashForensic Interviewing: Obtaining the Underlieing Information

SOC 1, SOC 2, and SOC 3: What is the AICPA trying to

do to us?

(*I)

XML for Financial Reporting

(*B)

Vendor Visitation

Lunch

Keynote Speaker - Martin AtkinThe Global Capital Markets: New Realities—New Approaches

Vendor Visitation

Visual Analytics – Get to the Root Problem Quicker

(*B)

Ethical Practice in Business (CQE)

(*B)

Advanced 1031 Exchange Strategies

(*I)

Annuities: Dynamic or Dangerous

(*I)

*NASBA Experience Ranking Code: *B = Basic *I = Intermediate *A = Advanced

SBA Certifications/How to do Business with the

Federal Government

(*B)

How Good Entrepreneurs Become Great Leaders

(*I)

QuickBooks: The IRS and Client Privacy

(*I)

Business Valuation: A Case Study Approach to Understanding Business

Valuation

(*I)

Top 10 Project Management Best Practices

(*B)

You’ve Joined a Nonprofit Board –

Now What?

(*I)

No Prerequisites Required.

(*B)

(*B)

TimeAccounting/Auditing

Corporate Finance Management/Leadership

Special Topics/ Taxation

7:00 - 7:30

7:30 - 7:40

7:40 - 8:30

8:45 - 10:25

10:40 - 12:20

12:20 - 12:50

12:50 - 1:20

1:20 - 2:20

2:50 - 4:30

2:20 - 2:50

Registration and Continental Breakfast, Sponsored by: Robert Half, Inc.

Welcome and Opening Remarks

Vendor Visitation

Lunch

Vendor Visitation

All Sessions are Group Live Instruction

2012 RMAC Conference ScheduleFriday, September 21, 2012

Keynote Speaker - John J. HallDo What You Can! Simple Steps - Extraordinary Results

*NASBA Experience Ranking Code: *B = Basic *I = Intermediate *A = Advanced

Accounting Standards Update

(*I)

Accounting and Auditing Implications of the

JOBS Act

(*I)

Keynote Speaker - John SileoThieves, Hackers and Facebook Attackers: Digital Data Privacy in a Mobile-Social World

Cloud Computing Risk Management: Security Considerations from an Assurance Perspective

(*I)

Building Excellent, Ethical and Enduring Organizations (CQE)

(*B)

Benchmarking the Finance Function 2012:

How Does Your Company Measure Up?

(*B)

What to do When a Loved One Dies

(*B)

20 Ideas for Businesses in a Recovering Economy

(*B)

6 Steps to a Better Business

(*B)

2012 Taxes SALY: But What’s Coming in 2013?

(*I)

404, 408, 412, Hike!

(*I)

Employees & Managers Communicating Effectively with All Personality Types

(*B)

The Impact of Medicaid on Real Estate

Ownership and Transfer

(*B)

No Prerequisites Required.

(*B)

(*B)

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2012 RMAC Conference ScheduleAccounting/Auditing Course Descriptions

For more information and updates, please visit our website at www.accountingconference.org

SOC 1, SOC 2, and SOC 3: What is the AICPA trying to do to us?Newel C. Linford Nicole A. HemmerLinford & Company LLP

XML for Financial ReportingJordan WoodardRivet Software, Inc.

Service organizations and their clients are now faced with an array of choices to demonstrate competence to their clients (ie, user organizations). Among these choices are the AICPA’s service of-ferings, namely SOC 1, 2, and 3. What are the differences between these reports? Why are certain SOC reports appropriate and oth-ers not depending on the service organization? Why do some ser-vice organizations obtain all three types? What type of report should user organizations be asking for and why? This presentation will answer these questions and ad-dress how to avoid getting the wrong report.

Participants will learn how con-cept visualization can improve audit efficiency. We will review the use of a three dimensional risk assessment based on the ISACA Information Secu-rity Business Model to view traditional risk assessment data more effectively. We will also see a non-traditional use of ACL’s Benford analysis tool for audit planning and fieldwork, and we will employ a visual tool to assist with audit report writing. This presentation is primarily direct-ed to auditors and the tools and techniques may be applicable to other professions as well. There are no prerequisites for this presentation, however pre-vious audit planning, fieldwork, and reporting experience will be beneficial.

Traditionally, information that is reported in a financial report will come from three sources: The En-terprise Resource Planning (ERP) system, the Business Process Management (BPM) system and an account consolidation soft-ware. Using XBRL you can define the sources of the data then tie them to a dynamic financial report defined with the same concepts. These concepts are “Connectors” because they connect proprietary systems to the standard language for information exchange. The fur-ther down you use the standard the more efficient will be the busi-ness reporting supply chain. The ROI of integrating to the standard is system automation reducing the audit costs.

Visual Analytics – Get to the Root Problem QuickerDennis Johnson First Data Corporation

Accounting Standards UpdateSteve Van MeterCliftonLarsonAllen LLP

Provides an overview of recent FASB pronouncements and ex-posure drafts that have a major effect on all industries.

Accounting and Auditing Implications of the JOBS ActGreg PfahlHein & Associates

Cloud Computing Risk Management: Security Considerations from an Assurance PerspectiveBrian DickardFirst Data CorporationThe recent JOBS Act, enacted on

April 12, was aimed at improving access to capital for small busi-ness, but also carries changes to financial reporting as well as fun-draising requirements. A new cat-egory of SEC issuer has been cre-ated, known as Emerging Growth Companies, which will be exempt from the internal control over fi-nancial reporting external audit requirements of Sarbanes-Oxley for up to 5 years. This essentially countermands some provisions of the Sarbanes-Oxley Act of 2002, and limits accounting oversight authority. According to some, it could have significant repercus-sions and unintended results.

This session will provide a foun-dation in basic cloud computing concepts and service models. Armed with that knowledge, the presentation will focus on the public cloud computing ser-vice space and how to identify if your company is actively en-gaged with vendors in this are-na. Throughout, emphasis will be placed on risk and security considerations related to using and evaluating cloud services, with specific attention placed on public domain assurance frame-works that you can use to ac-tively manage the risks associ-ated with public cloud services.

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2012 RMAC Conference ScheduleCorporate Finance Course Descriptions

16 Hours of Continuing Professional Education as low as $325. Early bird registration discount if submitted by 8/20/12.

SBA Certifications/How to do Business with the Federal Government Carolyn TerrellU.S. Small Business Administration

Advanced 1031 Exchange StrategiesWilliam L. ExeterExeter 1031 Exchange Services, LLC

Business Valuation: A Case Study Approach to Understanding Business ValuationRon L. SeigneurSeigneur Gustafson LLP

20 Ideas for Businesses in a Recovering EconomyDan HollenbachKatie EssmanRobert Half, Inc.

The Federal Government is re-quired to set-aside certain per-centages of their overall spend to small businesses with vari-ous designations/certifications. The 8a/SDB/HUBZone/WOSB/EDWOSB Seminar will provide information on the “How To” pro-cesses of acquiring certification that will enable the participant to engage with conduct busi-ness Federal Government Agen-cies. This seminar will provide essential technical instruction on each program and walk the participant through the applica-tion process.

This session will provide an overview of the appraisal pro-cess and key elements of a credible valuation of a busi-ness or intellectual property. The session will utilize a few real life case studies to high-light what drives value and how the appraisal process can benefit management.

Think you know 1031 Exchang-es? Think again. Come challenge and satisfy your creative talents. This seminar will explore vari-ous advanced 1031 Exchange strategies and structures, in-cluding combined Reverse/Improvement, Reverse/Forward, Forward/Reverse, Reverse/Zero Equity 1031 Exchange strate-gies and structures, as well as acquiring Promissory Notes as the like kind replacement prop-erty in your 1031 Exchange and acquiring improvements built on property already owned by the taxpayer as the like kind re-placement property.

Business owners have learned to prepare for tough times, but are they ready for improving conditions? According to re-search by Robert Half, business confidence is on the rise. And, as the economic mood shifts into more positive territory, it’s time to take advantage of new opportunities. This guide of-fers fives areas for businesses to examine carefully as they manage through a changing economic environment, includ-ing 20 ideas that can help them stay on track.

404, 408, 412, Hike!Michele SurianoCastle Rock Investment Company

Benchmarking the Finance Function 2012: How Does Your Company Measure Up?Dan HollenbachKatie EssmanRobert Half, Inc.

The Global Capital Markets: New Realities— New ApproachesMartin Atkin (Keynote)Bernstein Global Wealth Management

This session will explain your increased fiduciary obligations from the new 408(b)(2) and 404a-5 regulations and why you must terminate any ar-rangement that is not compli-ant. We will review a checklist of the content required in the plan-level disclosures, what to do if you are missing a disclo-sure, steps to avoid a prohibited transaction, and how to bench-mark plan fees. In addition we will review the participant-level required disclosures, guidance from the DOL on paper versus electronic delivery options, and communication strategies to re-duce the threat of lawsuits and turn the employee rumor mill into an engaged open dialogue about saving for retirement.

Benchmarking data can help financial executives at all com-panies — large and small, public or private — get a bet-ter sense of how their finance function performs in relation to peers. This presentation ex-amines the results of the third annual benchmarking survey of the staffing, compliance, inter-nal controls and other practices of the finance function. This is the first year the report includes responses from executives in Canada. Issues covered will in-clude how companies use tem-porary, interim or contract pro-fessionals; the cost of finance staff measured as a percentage of revenue; how finance and ac-counting staff is allocated and; what finance and accounting functions are being outsourced.

Volatile markets have driven investors away from stocks toward safer assets, push-ing those prices upward. The recent “risk-on/risk-off” en-vironment demands a flexible approach to asset allocation: investors need to adjust their equity exposures in response to changing risk and return opportunities. Market realities call for a new way of thinking about stocks. There is a crisis of confidence in equities; our response is to integrate addi-tional approaches—low vola-tility stocks, dynamic asset al-location, alternatives, and real assets. Mr. Atkin will speak on how to navigate today’s volatile marketplace with an emphasis on asset allocation strategies for the contemporary global environment.

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2012 RMAC Conference ScheduleManagement/Leadership Course Descriptions

For more information and updates, please visit our website at www.accountingconference.org

How Good Entrepreneurs Become Great LeadersBill YoungManagement Factor, Inc.

Top 10 Project Management Best PracticesAnnette LeazerLeazer Business Consulting, LLC

How do you achieve the “impos-sible”? How do you raise money to get your idea off the ground, grow your business, and enjoy success? As a serious entre-preneur or business owner, you need reliable, real-world advice from someone who’s been there. In this presentation, Bill Young guides you through the maze of raising the money you need for your business. Bill shares nuts-and-bolts expertise about find-ing angel investors, getting great referrals, avoiding mistakes, and creating relationships with ven-ture capital investors.

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Ethical Practices in Business (CQE) Alan MencinMesa International, LLCBateman Advanced Technologies

This interactive course will be-gin with a brief introduction to moral theory, from Socrates through 20th century theorists as a framework. With behav-ioral ethics as a foundation, the course will then move on to Personal Ethics and, from there, to Business Ethics. This will be followed with Ethical Practices in Business with case study exam-ples. We will also touch briefly on the impact of changing ethics with time.

Building Excellent, Ethical and Enduring Organizations (CQE)Bob VanourekVanourek & Partners, LLC

A provocative, audacious call for leaders with or without authority to build excellent, ethical, and endur-ing organizations. Rich with hard-hitting examples from Bob’s per-sonal experiences and worldwide interviews with 60+ organizations in 11 countries (as depicted in Bob and Gregg Vanourek’s newly released book Triple Crown Lead-ership), this interactive session will show how to achieve organi-zational goals that some consider impossible. Participants will learn why they have been recruiting the wrong way and how to correct it; how to inspire associates for deep commitment; why leaders must get beyond their natural style to use “steel and velvet”; how to build a culture of character; and specific steps to align their orga-nization for peak performance. A powerful session to take your leadership to the next level.

Forensic Interviewing: Obtaining the Underlieing InformationDouglas E. Cash (Keynote)Eide Bailly LLP

Research has shown that most people have no more than a 50-50 chance at identifying a lie when it is told to them. There are ways a person can enhance their ability to identify a lie, by understanding how deception affects a person’s stress level and responses to questions. A person can control what they say but can’t control what their body does under stress.In this presentation, learn where the study of deception started and how it has evolved over the years. Becoming a professional interviewer or a Certified Foren-sic Interviewer takes years but by understanding deception will help everyone who interacts with peo-ple on a daily basis have a better understanding of the true mean-ing behind the words.

Do What You Can! Simple Steps - Extraordinary ResultsJohn J. Hall (Keynote)Hall Consulting, Inc.

In this keynote presentation, John Hall shows you how to ap-ply his straightforward Do What You Can Six-Step System in a business setting. The step-by-step system will guide you and your work team to make the changes necessary to move beyond ‘what is’ – to achieve ‘what could be’ – in your daily performance and business re-sults. This session will be audio and video recorded. Upon re-quest, copies of the recording will be made available to RMAC participants for sharing with co-workers and others.

6 Steps to a Better BusinessSusan Roberts Summit Freedom CoachActionCOACH

The 6 Steps to a Better Business workshop will both inform and entertain you. This workshop is designed for every business and will take you through each step to climb the ladder of business growth and have a commercial, profitable enterprise that works without you. Most businesses don’t work - their owners do. You can’t have a business that works without you as the owner until you first have a business that works, and prior to that, it has to both be commercial and profitable. By attending this seminar, you will see how your business will grow through the 6 steps - Mastery, Niche, Lever-age, Team, Synergy and Results.

Employees & Managers Communicating Effectively with All Personality TypesSam StroupFocused Business Solutions, LLC

Have you ever told yourself, “I thought I was communicating effectively, but it seems that I might as well have been com-municating with a tree – that person just didn’t seem to un-derstand what I was saying.”? Cut through the Personality Profiles to fully understand the “type” of person you are com-municating with, and adjust your content/media/mode/delivery to communicate in a manner which they understand the message you are communicating. Fun and interactive participation with all members of the audience. Everyone attending walks away with the feeling of “now I get it”!!

Leverage prior project information.Set executive leadership ex-pectations AFTER you plan.Engage impacted functions to lead and plan.Don’t underestimate the impact of change.Capture requirements from impacted populations.Manage your scope.Make decisions with adequate speeed.Staff the project with the right leaders and experts.Plan and staff for post ‘go-live’.Create a positive personal experience!

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2012 RMAC Conference ScheduleSpecial Topics/Taxation Course Descriptions

16 Hours of Continuing Professional Education as low as $325. Early bird registration discount if submitted by 8/20/12.

QuickBooks: The IRS and Client PrivacyMarilyn Sudbeck

You’ve Joined a Nonprofit Board – Now What? Gaining Insight into the Nuances of Board Governance and IRS Form 990Sara Montgomery Wells Fargo Philanthropic Services

Annuities: Dynamic or DangerousRuss M. StallingsLincoln Financial Distributors

In 2010, the IRS purchased a number of copies of Quick-Books. When the IRS requests a QuickBooks file, the company being audited will be required to provide the file along with the admin login and the admin password. This enables the IRS to have access to everything in the file. The IRS does not allow the reports to be converted to Excel, for example. A number of CPAs, as well as QuickBooks ProAdvisors, have expressed concern that the IRS may go “phishing” in other years. For example, if the year under audit is 2010, what is to prevent the IRS from “just looking” at previ-ous or subsequent years. Find out how the Accountant Edition can extract the data for the year under audit.

Have you considered becoming a board member for a not-for-profit organization, but hesitate to ac-cept? Has someone asked you to be the treasurer of your church finance committee or scout troop, but you quickly shake your head no? What’s holding you back? What are your concerns? Dis-cussion will include what to an-ticipate when being on a board, your responsibilities, expectations of the organization and heavy emphasis on board governance and the dreaded IRS Form 990.

The current retirement land-scape is in a state of change. People are living longer and spending more years in retire-ment. Traditional sources of retirement income are disap-pearing while complicated annuity features are trying to take their place. Complication breeds the potential for abuse, which is one reason annuities face greater regulatory scru-tiny. So – are annuities dy-namic or dangerous? Can life insurance and annuities reel power for a partnership?

2012 Taxes SALY: But What’s Coming in 2013? Victoria Marschner

This session is an update of current tax developments for individuals and small busi-nesses as well as the indi-vidual tax law changes to date. Discussion of pend-ing tax law changes will also be discussed. Guidance for tax preparers to maneuver theses changes will be high-lighted as well.

The Impact of Medicaid on Real Estate Ownership and TransferElizabeth D. MitchellAmbler & Keenan, LLC

What to do When a Loved One DiesKeith L. DavisDavis Schilken, PC

Medicaid is the only program that will pay for 100% of the cost of long-term care, but qualification is not easy. Often, families think that transferring ownership of real estate to a family member, or adding a fam-ily member as a joint owner, will protect the house and allow for qualification. Unfortunately, it could prevent Medicaid quali-fication and trigger other prob-lems with tax and liability. If you have clients with concerns about how to pay for long-term care, this class will discuss the medical, income, and asset re-quirements for Medicaid, as well as the look-back period, gifting, and estate recovery.

When coping with the loss of a loved one, the estate adminis-tration responsibilities can seem overwhelming, burdensome and unmanageable. This presenta-tion will provide valuable infor-mation to support your clients during this very difficult time in handling probate; trust admin-istration; estate and fiduciary tax return preparation; asset re-titling; asset distribution; and trustee/beneficiary disputes. In addition, we will discuss how to open an estate; inventory and assemble the assets; man-age the claims of creditors; and handle all other duties of an executor or personal represen-tative with the goal of getting the assets into the hands of the rightful heirs and beneficiaries as quickly as possible, in accor-dance with Colorado law.

Thieves, Hackers & Facebook Attackers:Digital Data Privacy in a Social & Mobile WorldJohn Sileo (Keynote)The Sileo Group

In the information economy, where tools like the iPad, Cloud Computing and Facebook have shifted the competitive land-scape in favor of cyber-savvy businesses, an age-old truth screams for attention: Infor-mation is Power. But are you in control of your information and your privacy, or are you being controlled? Is it safe to store sensitive intellectual capital in the cloud, under someone else’s control? Are smartphones, iPads, and Wi-Fi hotspots a recipe for costly data exposure? If you unknow-ingly stack the deck in favor of identity thieves, competitive spies and organized crime, the results will be devastating. This presentation highlights current data security threats posed by social-mobile-cloud technol-ogy and broad strategies for protecting business privacy.

16 Hours of Continuing Professional Education

Concurrent SessionsAccounting/AuditingCorporate FinanceManagement/LeadershipSpecial Topics/Taxation

Thursday, September 20, 2012 & Friday, September 21, 2012 at the Arvada Center

2012 RMACPO Box 454Wheat Ridge, CO 80034www.accountingconference.org

Postage

Rocky MountainArea Conference

2012

For Finance and Accounting ProfessionalsRegister at: www.accountingconference.org

Corporate Sponsors

Rocky MountainArea Conference

2012

For Finance and Accounting ProfessionalsRegister at: www.accountingconference.org