the calumet accountant
DESCRIPTION
The print friendly edition of the June 2012 issue of the award winning publication of the Calumet Hammond Chapter of the IMA.TRANSCRIPT
CALUMET
ACCOUNTANT
Calumet
Accountant June 2012
The Official Publication of the Calumet Chapter IMA –081 Hammond Serving Northwest Indiana and
the South Chicago Suburbs
Contents
Volume 68 issue 01 June 2012
This issue
President’s Message 3
Sponsors 4
Board Of Directors 5-6
Personal Development 7
New Members 8
Upcoming Event 9
The CMA 10-11
The IMA 12-14
Dear Friends:
The books have been closed on another successful year for the Calumet Chapter of the IMA (081 Hammond). It is
my pleasure to inform you that our newsletter took second place in the newsletter competition in 2011-2012.
Many kudos go out to our editor John Kitzmiller for his efforts. It is our belief, that in order to claim first place in
the competition, we need to profile and follow someone who becomes CMA certified. If you are on your way to
the CMA consider sharing your story with us. During the chapter year, the Calumet chapter also competes with
other chapters of similar size. The Calumet Chapter is in the Warner Division which is comprised of smaller IMA
chapters. The competition goes from May 1 through April 30. The top 15 chapters in each division receive banners
which are presented at the annual conference. This year the annual conference is being held in Las Vegas from
June 23-27. The Calumet Chapter finished in 24th place with 2,517 points. There were 108 chapters in our division.
The 15th place chapter had 2,697 points. You can see we are within striking distance of winning a banner. Points
are earned based on attendance at meetings, how many meetings we offer, membership growth and retention,
certification and other chapter activities. If we can increase membership and have members get certified we
should be able to move up the standing in 2012-2013.
While 2011-2012 was a success and we have you to thank, we cannot rest on our laurels. We need your continued
support to make 2012-2013 another successful year for the Calumet Chapter. One of the issues we would like to
focus on is getting more members that are currently working in finance or accounting in business. I believe that
while IMA and CMA certification are now more recognized there are probably many in the industry that do not
realize the Calumet Chapter is out here and has so much to offer. I urge you to think of your vendors and custom-
ers and think if there others you know that would benefit from membership in the Calumet Chapter of the IMA. If
so let them know we are here, have them check out our award winning newsletter, invite them to a meeting.
I also invite you to participate in planning the 2012-2013 chapter year. There will be a board meeting on Wednes-
day June 20, 2012 at Livio’s 8267 Wicker Drive St. John Indiana in the Lake Central Plaza. The meeting will be at
6:30 p.m. and the cost is $20.00 per attendee. The primary purpose of this first meeting is to get ideas of speakers,
topics, and locations for the 2012-2013 year. If you are a member or thinking about being a member you are wel-
come to attend. Please e-mail me at [email protected] to RSVP. If you are unable to attend please know
your suggestions are still welcome and you can e-mail any of your ideas to me and they will be discussed at this
board meeting.
Finally, I ask you to mark your calendar and consider joining us for a tour of the CME Group in downtown Chicago
on Friday June 29, 2012 at 10 a.m. A good program is being put together. There will be no charge for this event
and afterwards we plan to go to a local establishment for a “go dutch” lunch. There are details coming in a future
e-mail blast but If you want to go please tell us so now.
Thank you for your continued support. I know the Calumet Chapter will have another successful year with all of
your help.
Regards,
Mark T. Camarena, CMA
President, Calumet Chapter IMA
Visit us online at http://www.imacalumet.com
630.530.6707 (W)
e-mail me anytime [email protected]
Message from Mark T. Camarena, President
As we usher in a new year for the Calumet Hammond Chap-
ter of the IMA, we wish to thank all of our sponsors for
their contributions in 2011-2012.
Administration and Finance
Special Activities Director
Director in charge of coordinating special events
AV Tech Director
Director in charge of locating, setting up, and running audio and visual components for special events and meetings
Communications and Community Relations
Social Media Director
Director(s) in charge of website maintenance, Facebook and Linkedin maintenance
Community Relations Director
Director in charge of community outreach and coordinating community service for the Chapter
Chapter Historian
Director in charge of maintaining chapter documents, newsletters, roster books, and other relevant me-dia
Education and Professional Development
CPE Director
Director in charge of CPE certificate maintenance and record keeping
CMA Director
Director in charge of coordinating sponsor discounts for CMA candidates and encouraging members to take the CMA exam
Academic Relations Director
Director in charge of communicating with area professors about the IMA and the Chapter, and promoting and coordinating the Chapter as guest speakers for classes and accounting groups
Open Board Positions Be a part of something exceptional. The Board of the Calumet Hammond 081 Chapter is always in search of great talent. Joining the Board is an excellent opportunity for you to showcase your talent and build your professional network. Don't hesitate, join today and help build our Chapter into something brilliant. Please contact Mark Camarena at [email protected] or Richard Mielcarz at [email protected] for further information.
Calumet Chapter IMA
http://www.imacalumet.com
IMA Calumet
Institute of Management
Accountants-Calumet
Chapter
Officers and Directors 2011—2012
Mark T. Camarena - President 630-530-6707 (w) [email protected] Jim Spice - Secretary 815-933-0491 (w) [email protected] Deb Heim - Treasurer 630-378-6308(w) debra.heim@patterson_medical.com Adolph Ferber - Vice President of Administration 219-322-5848 (h) [email protected] Richard Mielcarz Vice President of Communications and New Member Chair 708-799-6234 (h) [email protected] Bill Biller - Vice President of Professional Education 219-765-3587 (h) [email protected] Anthony Fontana Vice President of Membership Retention 708-534-5000 ext 5494 (w) [email protected] Wes Christensen - Corporate and Academic Development 708-687-9087 [email protected]
Yolanda Peoples - Director of Member Participation
Al Zurawski Director of Employment and Chapter Photogra-
pher 219-477-4488 ext 222 (w) [email protected]
Warren Cebulko - Director of Program Rosters 312-808-3890 (w) [email protected] Dr. Heikki Heino - Director of Manuscripts 708-367-0034 (w) [email protected] Brian Guse - Director At Large 219-362-1531(w) [email protected] Kyle Jones - Director Of Public Relations 219-616-6606 [email protected] John Kitzmiller - Newsletter Director 708-923-0558 [email protected] Adam O’Hare - Associate Director, Membership Growth and Retention, [email protected] Alan Arendt - Assistant Treasurer
Interested in joining the board?
The Calumet Hammond Chapter is always looking for new talent, consider joining and showcasing yours! Please consult page two and find
something that will make you stand out and be heard.
Abstract Circuit board, Simon Osborne www.threadless.com
There will be a board meeting on Wednes-
day June 20, 2012 at Livio’s 8267 Wicker
Drive St. John Indiana in the Lake Central
Plaza. The meeting will be at 6:30 p.m. and
the cost is $20.00 per attendee.
Mentoring
Date: Wednesday, July 11,
2012 1:00 PM Eastern Day-
light Time
CPE Credit: 1 hr
Price: Free Field of Study: Management Advisory Services Research Area of Practice: Business Performance Man-agement Program Level: Intermediate Program Prerequisites: None Instructional Method: Group- Internet Advance Preparation: none Offered by the IMA - www.imanet.org
Institute of Management Accountants (IMA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final author-ity on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site:www.nasba.org
Webinar: Mentoring
How can you, as a management accountant add value to your company? Sometimes you have to take a good hard look on the inside to understand what’s happening on the outside. It takes courage to embrace change and champion this effort. You can assume this role and be the catalyst for positive change in your company.
Profitability enhancement studies are designed to help increase your profits and shareholder value by identifying practical income improvement and expense-reduction opportunities. Results of these studies, when done correctly, can result in improved income and expense controls, improved earnings, reduced labor costs, im-proved cross-training, improved operating efficiencies. Businesses exist to make money and through learning about profit enhancement studies, you can help your business become more profitable. Learning Objectives: After this webinar, attendees will be able to: 1. Identify the steps involved in performing a profit enhancement study
2. Execute your profit enhancement study
3. Interpret observations /results of the study/recommendations for change 4. Take-away cost savings opportunities and strategies for financial benefits Offered by the IMA, go to: http://tinyurl.com/76wow9w for further details.
The Calumet Hammond Chapter
warmly welcomes its new members
to the chapter!
Cynthia Lawn
Zizhang Zhao
Santiago Andres
Justin Vanaman
www.imacalumet.com
The Calumet Hammond 081 Chapter of the IMA is a Not for Profit Association for accountants and finance professionals in business. The Calumet Chapter
serves Northwest Indiana and the Southern Suburbs of Chicago. Anyone with an interest in the subject matter is welcome as a member. Look for us on Face-
book at IMA Calumet and on LinkedIn at Institute of Management Accountants—Calumet Chapter.
CME TOUR
10:00 AM, Friday, June 29, 2012
Free Event
Please consider joining us as we tour the CME in downtown Chicago. This
event will be held at 20 South Wacker Drive, Chicago Illinois. RSVP to
[email protected] or use the QR code to the left on your smart phone and
fill out your contact information with RSVP 0629 in the comment area. All are
welcome, if you are a student, member, prospective member, or have an inter-
est, please join us. We will have a go dutch lunch afterwards.
TOUR OF THE CME
Building on the heritage of CME, CBOT, NYMEX and COMEX, CME Group
serves the risk management needs of customers around the globe. The CME
provides the widest range of benchmark futures and options products avail-
able on any exchange, covering all major asset classes. Their collective vision
is one of ongoing global growth, innovative product development, continually
enhanced technology and the highest level of service available on any ex-
change.
Gleim Publications has been helping candidates pass the CMA exam since 1980, with the most cost-
effective system combining books, Test Prep CD-Rom, audios, Gleim Online, and a Personal Coun-
selor to GUARANTEE your success on the CMA exam.
Gleim is a proud sponsor of the Calumet Hammond Chapter of the IMA and not only donated the
above certificate, but also offers chapter members a 20% to 32% discount on all CMA study materi-
als, as well as Gleim CPE, including the new ethics course. Contact Melissa Leonard
at [email protected] or call 1-800-874-5346 x 131 for further information.
The Institute of Managerial Accountants (IMA) represents more than 60,000 accountants and financial professionals worldwide. The majority of these professionals work inside businesses and organiza-tions. They comprise the essential elements of financial management, organizational development, integrity, ethics and governance, and short and long term business goal management.
The Certified Management Accountant Credential (CMA) offered by the IMA is an advanced profes-sional certification that reflects the necessary accounting and financial management skills demanded in today’s business environment.
The CMA exam was first offered in 1972. Today over 30,000 accountants and financial professionals have earned this highly recognized and global title.
Professionals who have earned the CMA hold key management roles at top multinational firms and offer their companies the real world relevance, critical knowledge, and leadership abilities to compete in today’s dynamic global business environment.
For further information please contact Richard Mielcarz Vice President of Communications and New Member Chair 708-799-6234 (h), epost: [email protected] or Wes Christensen - Corporate and Aca-demic Development, 708-687-9087, epost: [email protected].
CMA:
The Essential
Credential
Member Profile
How Do I Update My Member Profile at the IMA?
It's as easy as 1,2,3 to update your member profile at the IMA Website.
1. Go to the IMA website at www.imanet.org and log into your account .
2. Login with your member number and passcode. If you lost your member number or don't know it, email Dick Mielcarz
at [email protected] and he will forward it to you. If you have never registered on the site, then the initial password is your last
name. You will be prompted to create a new password.
3. Click on the "My Profile" link next to your name at the top of the page and edit your pro-file. Be sure to keep your information including any email changes current so we are better
able to keep you apprised of any Chapter happenings.
Source: Institute of Management Accountants, Inc. Montvale New Jersey www.imanet.org/ima_home.aspx
Source: The Institute of Managerial Accountants Inc, 10 Paragon Drive, Montvale, New Jersey
http://instituteofmanagementaccountants.hqcampaign.com/ps/7-21-2011-cmaconnection-cmanotes? hq_e=el&hq_m=1053863&hq_l=10&hq_v=f7c6811596
http://www.youtube.com/user/LinkUpIMA
The Institute Of Management Accountants YouTube Page
The IMA maintains a YouTube channel filled with videos addressing the CMA exam
process, CMA study guides and resources, coverage of the IMA Annual Conference,
and insights from IMA leaders. Be sure to visit the IMA YouTube channel for further
insight on the IMA and the CMA.