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SCHEDULE AND PROGRAM
Sunday, August 9, 2009 |
| 7:30 - 11:00 |
NSAC Executive Committee Meeting |
| 11:00 - 4:00 |
NSAC Board of Directors Meeting |
| 11:30 - 12:30 |
NSAC Board of Directors Luncheon |
| 12:30 - 1:00 |
Audit & Finance Committee Meeting |
| 12:00 - 7:00 |
Registration Desk Open |
| 1:00 - 6:00 |
ECC Pre-Conference Session (Line-by-Line Walk Thru of Form 990)
William M. Miller, Tax Partner, Bolinger, Segars, Gilbert & Moss, LLP and Russell D. Wasson, CPA, Director of Tax, Finance and Accounting Policy, NRECA |
| 6:00 - 7:00 |
"Early Arrival" Reception |
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Monday, August 10, 2009 |
| 7:00 - 5:00 |
Registration Desk Open |
| 7:00 - 7:50 |
Networking Breakfast in Pre-Function Area |
| 7:00 - 7:50 |
Education Committee Meeting |
| 7:00 - 7:50 |
Membership Committee Meeting |
| 7:50 - 8:00 |
Welcome | Announcements | Early Bird Prizes |
| 8:00 - 9:00 |
Guest Continental Breakfast |
| 8:00 - 9:00 |
General Session |
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Management on Purpose Instead of By Accident
Bill Reeb, CPA & Consultant, Succession Institute, LLC |
| 9:05 - 9:55 |
Breakout Sessions (B1, E1 & T1) - Basic Track, ECC Track, Tax Track |
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B1 - Basic Cooperative Tax Training
Russell Barnhart, Manager, Hennen & Associates, PLC; Dwayne E. Campbell, Shareholder, Campbell, Shaffer & Company, P.C.; Michael D. McIntyre, Attorney/Accountant, Michael D. McIntyre PLC; and Jason Reschly, Attorney, Blackwell, Sanders, Peper, Martin LLP |
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E1 - Co-op Tax Report
Bourk Dreyer, CPA, Dreyer & Kelso, PC, PA |
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T1 - Loss Handling, Cancellation of Equities and Planning for the Impact of Loss Carry-Backs on Patronage Program and Financial Statements
Carrie Hamdan, Tax Manager, Sunkist Growers, Inc.; William M. Miller, CPA, Tax Partner, Bolinger, Segars, Gilbert & Moss, LLP; and Daniel R. Schultz, CPA, Cooperative Consulting, LLC |
| 9:55 - 10:15 |
Break |
| 10:15 - 11:05 |
Breakout Sessions (B2, E2 & T2) - Basic Track, ECC Track, Tax Track |
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B2 - Basic Cooperative Tax Training, Continued
Russell Barnhart, Manager, Hennen & Associates, PLC; Dwayne E. Campbell, Shareholder, Campbell, Shaffer & Company, P.C.; Michael D. McIntyre, Attorney/Accountant, Michael D. McIntyre PLC; and Jason Reschly, Attorney, Blackwell, Sanders, Peper, Martin LLP |
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E2 - Accounting Report
Terry Mitchell, Principal, Jackson, Thornton & Co., PC |
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T2 - Gain on Sales of Assets and Investments; Recent Rulings, Industry Practices Patronage Received from Regional Co-ops; Industry Practices Patronage Treatment, Fulfilling Capital Requirements, and Use of Non-Qualified Written Notices of Allocation
David Antoni, Tax Managing Director, KPMG LLP; George Benson, Attorney, McDermott Will & Emery LLP; Teree Castanias, Partner, KPMG LLP; and Mike McIntyre, Attorney/Accountant; Michael D. McIntyre PLC |
| 11:10 - 12:00 |
Breakout Sessions (B3, E3 & T3) - Basic Track, ECC Track, Tax Track |
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B3 - Basic Cooperative Tax Training, Continued and Completed
Russell Barnhart, Manager, Hennen & Associates, PLC; Dwayne E. Campbell, Shareholder, Campbell, Shaffer & Company, P.C.; Michael D. McIntyre, Attorney/Accountant, Michael D. McIntyre PLC; and Jason Reschly, Attorney, Blackwell, Sanders, Peper, Martin LLP |
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E3 - Economic Update
Russell D. Wasson, CPA, Director of Tax, Finance & Accounting, NRECA |
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T3 - Current Developments & IRS Sub-Committee
George W. Benson, Attorney, McDermott Will & Emery LLP; Marlis Carson, Vice President, Legal, Tax, Accounting, National Council of Farmer Cooperatives; and Mike McIntyre, Michael D. McIntyre, PLC |
| 12:00 - 1:15 |
Networking Lunch
Gregory F. Jenner, Partner, Stoel Rives LLP (and formerly served as the Acting Assistant Secretary of the Treasury for Tax Policy) |
| 12:00 - 1:15 |
ECC Luncheon Meeting - Washington Report
Thomas E. Kandel, CPA, Senior Accountant, Regulatory Affairs, National Rural Utilities Cooperative Finance Corp. (CFC) and Lynn Midgette, Vice President/Portfolio Mgmt., National Rural Utilities Cooperative Finance Corp. (CFC) |
| 12:00 - 1:15 |
Pacific Northwest Chapter Luncheon Meeting |
| 1:15 - 2:05 |
Breakout Sessions - (B4, E4 & T4) - Basic Track, ECC Track, Tax Track |
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B4 - Equity Management & Inter-Cooperative Investments
Ronald P. Hennen, President, Hennen & Associates PLC |
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E4 - Member Bankruptcy and Collections Issue
Rusty Shipe, Vice President, Finance, Brunswick EMC; Sterling Schoonover, Director of Customer Service, Rappahannock Electric Cooperative |
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T4 - Section 199, Industry Issues, Examples and Current Developments; Part 1
David Antoni, Tax Managing Director, KPMG LLP; Sharon Appelt, Tax Director, Darigold, Inc.; George Benson, Attorney, McDermott Will & Emery LLP; and Teree Castanias, Partner, KPMG LLP |
| 2:10 - 3:00 |
Breakout Sessions (B5, E5 & T5) - Basic Track, ECC Track, Tax Track |
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B5 - Coop GAAP and Financial Sttements
Philip W. Miller, Vice President and Controller, Southern States Cooperative, Inc. |
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E5 - Lender's Update
Jennifer Goss, Senior Vice President & Division Manager, Electric Distribution Division, CoBank, ACB and Ken Ackerman, Assistant Administrator for Program Accounting and Regulatory Analysis, USDA Rural Development. |
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T5 - Section 199, Industry Issues, Examples and Current Developments; Part 2
David Antoni, Tax Managing Director, KPMG LLP; Sharon Appelt, Tax Director, Darigold, Inc.; George Benson, Attorney, McDermott Will & Emery LLP; and Teree Castanias, Partner, KPMG LLP |
| 3:00 - 3:25 |
Break |
| 3:25 - 5:05 |
E6 - CFC Budget Model
John Grant, Senior Consultant, Financial Advisory Services, NRUCFC |
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Advanced Accounting Topic on Hedging/Pooling
Robert D. Beerup, CPA, Illinois Agricultural Auditing Assn.; Philip W. Miller, Vice President and Controller, Southern States Cooperative, Inc. and Greg Taylor, Partner, D. Williams & Co. |
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RoundTable Discussions |
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T6 - Small Coop Round Table
Moderators: Dale Carlson, Auditor, Carlson & Highland Company, LLP; Mike McIntyre, Michael D. McIntyre, PLC and Roger Van Someren, Partner, Carlson & Highland Company, LLP |
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T6 - Large Coop Round Table
Moderators: David F. Antoni, Tax Managing Partner, KPMG LLP; Donald W. Butwill, CPA, Moss Adams LLP; and Wayne Sine, Director of Corporate Taxation, Southern States Cooperative, Inc. |
| 6:00 - 10:00 |
Monday Evening Event at Museum of Flight |
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Tuesday, August 11, 2009 |
| 6:30 - 7:50 |
Tax Committee Breakfast Meeting |
| 7:00 - 5:00 |
Registration Desk Open |
| 7:00 - 7:50 |
Networking Breakfast in Pre-Function Area |
| 7:00 - 7:50 |
A&A Committee Breakfast Meeting |
| 7:00 - 7:50 |
Small Cooperative Committee Breakfast Meeting |
| 7:50 - 8:05 |
Welcome, Announcements & Early Bird Prizes |
| 8:00 - 9:00 |
Guest Continental Breakfast |
| 8:05 - 9:20 |
General Session |
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FASB/GAAP Update
Larry Smith, FASB Board Member |
| 9:20 - 9:40 |
Break |
| 9:40 - 10:30 |
Breakout Sessions - (A, B & C) |
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A - Business Combinations with Fair Value
David E. Mellinger, Financial Analyst, Cooperative Resources International; and Jeff Gross, Wipfli Inc |
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B - Internal Controls – The Role of the Internal Accounting Staff and External Auditor
Jeff Marshall, CPA, Audit Partner, Bolinger, Segars, Gilbert & Moss LLP |
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C - Democratic Control - Alternatives to One Member- One Vote
Donald K. Franklin, Attorney, Miller Nash, LLP |
| 10:35 - 11:25 |
Breakout Sessions (Repeat A, B, & C) |
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Repeat A - Business Combinations with Fair Value
David E. Mellinger, Financial Analyst, Cooperative Resources International; and Jeff Gross, Wipfli Inc |
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Repeat B - Internal Controls – The Role of the Internal Accounting Staff and External Auditor
Jeff Marshall, CPA, Audit Partner, Bolinger, Segars, Gilbert & Moss LLP |
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Repeat C - Democratic Control – Alternatives to One Member- One Vote
Donald K. Franklin, Attorney, Miller Nash, LLP |
| 11:30 - 12:50 |
Awards Lunch and Business Meeting |
| 1:00 - 1:50 |
Breakout Sessions (D, E & F) |
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D - International Accounting Issues
Dr. John Lacey, Ph.D., CPA, Professor of Accounting, School of Business, California State University at Long Beach |
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E - Auditing Nuts & Bolts
Thomson/PPC – Use of Smart E-Practice Aids and E-Tools |
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F - Fraud Prevention
Allen Melton, Director of Loss Prevention; Southern States Cooperative, Inc |
| 1:55 - 2:45 |
Breakout Sessions (Repeat D, E & F) |
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Repeat D - International Accounting Issues
Dr. John Lacey, Ph.D., CPA, Professor of Accounting, School of Business, California State University at Long Beach |
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Repeat E - Auditing Nuts & Bolts
Thomson/PPC – Use of Smart E-Practice Aids and E-Tools |
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Repeat F - Fraud Prevention
Allen Melton, Director of Loss Prevention; Southern States Cooperative, Inc. |
| 2:45 - 3:05 |
Break |
| 3:05 - 3:10 |
Early Bird Prizes |
| 3:10 - 4:00 |
General Session |
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Washington Update
Chuck Conner, CEO, National Council of Farmer Cooperatives; Former USDA Deputy Secretary |
| 4:05 - 5:10 |
General Session |
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The Economic Impact of Cooperatives in the United States
Brent Hueth, Director of the University of Wisconsin Center for Cooperatives and NCBA representative and Mary Griffin, Senior Policy Advisor, National Cooperative Business Association |
| 5:10 - 5:15 |
Closing Comments / Late Bird Prize / Adjourn |
| 7:10 |
Seattle Mariners Baseball Game at Safeco Field (Optional)
(Transportation is on your own) |
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Wednesday, August 12, 2009 |
| 6:45 - 8:00 |
National Program Planning Committee Breakfast Meeting |
| 7:00 - 8:00 |
Chapter Development Committee Meeting |
| 7:00 - 12:00 |
Registration Desk Open |
| 7:00 - 8:00 |
Networking Breakfast |
| 8:00 - 9:00 |
Guest Continental Breakfast |
| 8:00 - 8:10 |
Announcements | Early Bird Prizes |
| 8:10 - 9:25 |
Financial Investing - Current Status of Financial Markets
Dr. Jerry Webman, Senior Investment Officer and Chief Economist, OppenheimerFunds, Inc.; Terry D. Doyle, CFP Doyle & Associates |
| 9:30 - 9:55 |
The Impact of the Economy on Defined Benefit Plans
Thomas Swain, Principal and Consulting Actuary, Bryan, Pendleton, Swats & McAllister, LLC |
| 9:55 - 10:10 |
Break |
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| 11:05 - 11:55 |
Cash Management Practices
William D. Erlenbush, Controller, GROWMARK, Inc. |
| 10:10 - 11:00 |
The Southern States Turnaround Strategy - The Role of the CFO/Controller
Leslie T. Newton, CFO and Phillip W. Miller, Vice President and Controller Southern States Cooperative |
| 11:55 - 12:00 |
Closing Comments | Late Bird Prizes | Adjourn |
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Continuing Professional Education (CPE) Credits
 Following the guidelines specified in individual state regulations, up to 25.5 hours of continuing professional education credits will be available from the pre-conference session, tax seminar, convention sessions and Electric Co-op Chapter sessions. The National Society of Accountants for Cooperatives 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 authority 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, Nashville, TN, 37219-2417. Telephone: 615.880.4200. Web site: www.nasba.org. Upon course and evaluation completion, participants attending the 2009 National Conference, desiring CPE credit will earn up to 25.5 hours. The seminar and convention does not require advance preparation or prerequisites. |
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