Institute of Management Accountants – Packerland Chapter

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September 2005

Inside this Edition:

Chapter Board of Directors 2

Golf Outing Report 3

Packerland/Gleim
IMA Chapter
Partnership 4

Discussion
Meetings 4

Upcoming Event:

10/18

KI Tour

Dinner Meeting-Wally’s Spot

(Student Night)

10/25

Lunch Meeting-Eve’s Supper Club

11/15

Dinner Meeting-Radisson

(Joint Meeting with Winnebagoland)


Editor: Melissa Wegner

Cooperative Resources International, Inc.

September Dinner Meeting

Date: September 20, 2005

Fellowship: 5:30 Dinner 6:30

Location: Stratosphere

Address: 2850 Humboldt Rd., Green Bay Phone: (920)-468-7702

Speaker: Lisa M. Cribben, CPA/ABV, CMA, ASA

Position: Senior Manager-Wipfli LLP

Topic: Business Valuation/M&A Services

Lisa Cribben is a Certified Public Accountant accredited in Business Valuation, a Certified Management Accountant, and an Accredited Senior Appraiser. In her role as Senior Manager at Wipfli she offers expert accounting and consultation services which include: Valuation of Closely Held Businesses, Assistance in Obtaining Financing for Business Ventures, Due Diligence Services Related to Business Acquisitions, Financial Feasibility, Budgeting, and Business Strategic Planning, Projections, Forecasts, and Cash Flow Analyses.

Prior to joining Wipfli, Lisa worked in a management level accounting position with WPS Resources and subsidiaries (WPS). At WPS, Lisa’s duties included financial statement preparation, cost accounting, coordination of audits for benefit plans and trusts, economic analysis, due diligence review of potential acquisitions, and implementation of accounting systems.

Lisa is a member of the American and Wisconsin Institutes of Certified Public Accountants as well as the Institute of Management Accountants. She has served on the IMA Board of Directors as a representative of Community Service and of Student Affairs. Active in her community as well, she is currently on the Board of Directors for the YWCA and the National Railroad Museum. Lisa has also served on the UW-Green Bay Alumni Board of Directors. She graduated from the University of Wisconsin-Green Bay in accounting.

Dinner Choices include: Smoked Chicken Pasta, Fried Shrimp, or 8 oz. Tenderloin. Dinner Prices are $20 for a Member, $30 for Guest, and $10 for Students. If you would like to attend this month’s dinner meeting, please contact Jessica Grimm at 920-592-2836 or e-mail by Thursday, September 15, with your dinner choice.

Directions:

Hwy 43 (Tower Drive Bridge), Exit 185 (Sturgeon Bay-Algoma Exit), Turn left on University Way, three-way stop, turn right on Humboldt Rd. Stratosphere on right hand side

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IMA Packerland Chapter

2005-2006 Board of Directors

Please feel free to contact any one of these board members with your questions or concerns.

President Diane Paque 920-491-7082

V-P–Administration Bob Hieronimczak 920-468-5760

Secretary Michelle Geurts 920-337-1467

Treasurer Rick DeJardin 920-434-7310

Director of Meetings Jessica Grimm 920-592-2836

Director of Member

Attendance Tom Reimer 920-490-5326

Director of Employment Al Ehlers 920-490-5631

V-P–Communications Margaret Gibbons 920-494-1238

Director-Newsletter Melissa Wegner 715-526-7564

Program Booklet Winnie Gremmer 920-455-4156

Director-Public

Relations Alison Hendrickson 920-662-2848

V-P –Education Kathy Adams McIntosh 920-596-5130

Director of CPE Dale Ducat/ 920-954-8288

Jim Kiekhaefer 920-864-2228

Director of CMA Tom LeMense 920-338-3519

V-P – Membership Sheryl Huhn 920-996-0610

Dir.–Member Retention David Wilson 920-338-8863

Delegate to

Mid-America Council Dennis Dionne 920-336-7876


IMA 7TH ANNUAL GOLF OUTING REPORT

On July 19, 2005, the Packerland IMA Annual Golf Outing was held at Hilly Haven Golf Course, De Pere, WI. The weather was perfect for the twenty-three golfers in the outing. Prizes were given for many events along with door prizes for all participants.

Golf Event Winners Thanks to the following

Sponsors & Door Prize Contributors

Hole #2 Cheri Perrault Cooperative Resources International

Hole #4 Vern Peterson Al Walschinski

Hole #5 Dennis Dionne Dale J. Ducat, CPA

Hole #8 Josh Kinnard Green Bay Seven-Up

Hole #11 Bruce Duginske Kerber, Rose & Associates, CPA’S

Hole #13 Al Walschinski Morning Glory Dairy

Hole #13 Jim Lenskens Schenck Business Solutions

Hole #14 Michelle Geurts Wilco Cabinet Makers, Inc.

Hole #18 Rick DeJardin IMA-Mid America Council

Green Bay Packaging

Low Net Ron Tomko Megtec Systems, Inc.

Low Gross Al Walschinski Nsight Telservices

Low Gross Pam Mathu Virchow Krause & Co, LLP

Wipfli, LLP

GOLF OUTING COMMITTEE

Dale J. Ducat Jim Kiekhaefer Al Elhers Al Walschinski

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MEGTEC Systems, Inc.

Subsidiary of the Sequa Corporation

830 Prosper Road

De Pere, WI 54115-5030

Phone: (920) 336-5715

Packerland/Gleim IMA Chapter Partnership

Your IMA Chapter has entered into a partnership with Gleim to ensure your success on the CMA/CFM exams! We are working together to provide you with the necessary tools that you need to prepare for these difficult exams.

Gleim provides CMA/CFM candidates with an extensive self-study course for both the old and new CMA/CFM exams. Our most successful candidates use the Complete CMA System with the Online Course. This system combines books, software, audio reviews, the Online Course, and a personal counselor (a real live person!) to maximize your available study time. Because we identify and focus on your weak areas, you will not spend any more time preparing than is necessary to guarantee success. The Complete CMA System with the Online Course GUARANTEES that you will pass each section on the first try. We are here to save you time and money.

Because of your membership in the Packerland Chapter, you are eligible for significant discounts on any of Gleim's CMA/CFM materials, as well as our Online CPE. To take advantage of the discounts that are offered, please contact Chris Handley at (800) 874-5346 ext. 134 ().


Welcome to an exciting new way to network with your peers and learn a trick or two at the same time! Discussion meetings will be held once a month in addition to the regular meeting. We will have one night meeting involving a case study. A current IMA member will present a case study of an issue they’ve encountered and how they dealt with it. Q&A will follow.

The remaining meetings will take place via conference call from 12:05 pm to 12:55 pm. A facilitator will bring up questions that have been submitted for discussion and will ensure the discussion stays focused on the topic.

Benefits of Participating in a Discussion Meeting

Ø  Discussion will be focused on a particular topic

Ø  Learn from each other

Ø  Similar to a round table discussion

Ø  Additional networking opportunity

Ø  Smaller groups, more individual interaction

Requirements of Participating in a Discussion Meeting

Ø  You must be an IMA member.

Ø  RSVP with a phone number for conference call meetings

Ø  Optional: submit any questions you’d like to cover on a particular topic ahead of time

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