|
Topic |
ECC |
Tax |
Audit & Accounting |
General |
| 8:30 - 10:00 |
NSAC Executive Committee Meeting |
|
|
|
|
| 10:00 - 2:30 |
NSAC Board of Directors Meeting |
|
|
|
|
| 11:30 - 12:15 |
NSAC Board of Directors Luncheon |
|
|
|
|
| 11:45 - 12:15 |
Audit & Finance Committee Meeting |
|
|
|
|
| 12:00 - 7:00 |
Registration Desk Open |
|
|
|
|
| 1:00 - 1:50 |
Accounting
Pre-Conference Session |
|
|
Equity Management & Inter-Cooperative Investments
Kim Eaton, Executive, Crowe Horwath LLP |
|
| 2:00 - 2:50 |
|
|
|
Co-op GAAP
Philip Miller, CPA, Executive Secretary, Virginia Cooperative Counsel |
|
| 3:00 - 3:50 |
|
|
|
Cooperative Financial Statements
Philip Miller, CPA, Executive Secretary, Virginia Cooperative Counsel
|
|
| 1:00 - 5:00 |
Tax & Accounting Pre-Conference Session |
|
Basic Cooperative Tax Training
Mike McIntyre, Dwayne Campbell, Russ Barnhart, Jason Reschly
|
|
|
| 1:00 - 6:00 |
ECC
Pre-Conference Session |
Equity Management & Business Planning
Tom Strait, Principal, Washington Utility Group |
|
|
|
| 5:00 - 6:00 |
Chapter Development Committee Workshop |
|
|
|
|
| 6:30 - 8:30 |
Welcome Reception
Music Provided by The Andy Poxon Band (Blues/Rock quartet with Russ Wasson on Bass) |
|
|
|
|
Monday, August 2, 2010 |
| 6:45 - 5:00 |
Registration Desk Open |
|
|
|
|
| 6:45 - 7:30 |
Networking Breakfast in Pre-Function Area |
|
|
|
|
| 6:45 - 7:30 |
Education Committee Meeting |
|
|
|
|
| 6:45 - 7:30 |
Membership Committee Meeting |
|
|
|
|
| 6:00 – 9:00 |
Guest Continental Breakfast |
|
|
|
|
| 7:30 - 7:40 |
Welcome | Announcements | Early Bird Prizes |
|
|
|
|
| 7:40 - 7:45 |
Presentation of Colors |
|
|
|
|
| 7:45 - 9:00 |
General Session & Keynote |
|
|
|
True Growth Philosophy of Leadership
Learn how to become an authentic leader people want to follow.
Byrd Baggett, CSP |
| 9:05 - 9:55 |
Breakout Sessions (E1, T1, A1, & G1) |
E1 - FEMA Guidebook for Electric Utilities
Russ Wasson, Director of Tax, Finance & Accounting Policy for NRECA; Damali Clark, CFO, Coast Electric Power Association; Tammy Hultz, Controller, Singing River Electric Power Association |
T1 - Section 199: War Stories, Practical Application & Real-Life Strategies
Dave Antoni, Sharon Appelt, Kevin Accord, Teree Castanias, Eric Krienert
|
A1 - Financial Fraud & Embezzlement Prevention for Cooperatives
Jeff Dieleman, Moss Adams, LLP
|
G1 - Essential Communication - Articulating the Real Targets to Your Team
Learn the importance of information sharing and how to improve communication from the top down.
Rita Keller, Keller Advisors, LLC |
| 9:55 - 10:15 |
Break |
|
|
|
|
| 10:15 - 11:05 |
Breakout Sessions (E2, T2, Repeat A1, & Repeat G1) |
E2 - Financial Fraud & Embezzlement Prevention for Utility Cooperatives
Angela Morelock, BKD
|
T2 - Information Return Workshop - General Issues and Update
Review of Form 1099 filing requirements, penalties, backup withholding, etc; Discuss top 10 general 1099 issues.
Jerri LS Langer, JD, LLM, COKALA Tax Information Reporting Solutions, LLC
|
Repeat A1 - Financial Fraud & Embezzlement Prevention for Cooperatives
Jeff Dieleman, Moss Adams, LLP
|
Repeat G1 - Essential Communication - Articulating the Real Targets to Your Team
Learn the importance of information sharing and how to improve communication from the top down.
Rita Keller, Keller Advisors, LLC |
| 11:10 - 12:00 |
Breakout Sessions (E3, T3, A2, & G2) |
E3 - Form 1099-MISC Workshop for Utility CooperativesDiscuss 1099 reporting for capital credit retirements, payments to vendors and other payments specific to utility cooperatives.
Russ Wasson, NRECA, Ty Thompson, NRECA & Bill Miller, Bolinger, Segars, Gilbert & Moss LLP
|
T3 - Information Return Workshop - 1099 PATR Specific
Practical application for properly reporting PURPIMS and 199 specific issues.
Wayne Sine, Carrie Hamdan, Karen Miller, Eric Krienert, & Terree Castanias
|
A2 - Risk Assessment Audit Standards
Practical case studies for implementing risk assessment standards for audits of small and medium-sized.
cooperatives
Phil Blakney, & Greg Taylor |
G2 Social Media for Organizations
Using Social Networking Sites to Market Your Business.
Sarah Johnson, Director of Consulting Services, PDI Global, Inc. |
| 12:00 - 1:15 |
Networking Lunch |
|
|
|
NSAC History - 75 Years of Helping the Cooperative Industry.
Don Frederick, NSAC Director of Education |
| 12:00 - 1:15 |
ECC Luncheon Meeting |
Legislative Update for Utilities
Russ Wasson, NRECA |
|
|
|
| 12:00 - 1:15 |
Host Chapter Luncheon |
|
|
|
|
| 1:15 - 2:05 |
Breakout Sessions (E4, T4, Repeat A2, Repeat G2) |
E4 - HR Benefits Update
John Wade, NRECA
|
T4 - Patronage or Non-Patronage - Allocating M3 & AMT Items
Dan Schultz, Sharon Appelt, Bob Glass,Karen Miller |
Repeat A2 - Risk Assessment Audit Standards
Practical case studies for implementing risk assessment standards for audits of small and medium-sized.
cooperatives
Phil Blakney, & Greg Taylor |
Repeat G2 Social Media for Organizations
Using Social Networking Sites to Market Your Business.
Sarah Johnson, Director of Consulting Services, PDI Global, Inc.G2 |
| 2:10 - 3:00 |
Breakout Sessions (E5, T5, A3, & G3) |
E5 - Accounting for Benefits
Robert Cobb, Bolinger, Segars, Gilbert & Moss, LLP
|
T5 - Tax Accounting for Inventories - Issues Raised During Recent IRS Audits
Issues being raised in Midwest on Lower of Cost or Market, Local Spot Market less shipping cost; Section 263A, etc.
Dave Antoni, Dick Cisne, Eric Krienert |
A3 – Liabilities & Equity Project and the Lease Project
John Smith, IASB Board Member |
G3 -Anti-trust Issues for Farmer Cooperatives
Discuss recent USDA & DOJ workshops on competition in agriculture and the implications for farmer cooperatives.
Marlis Carson, General Counsel/ VP - Legal, Tax & Accounting |
| 3:00 - 3:25 |
Break |
|
|
|
|
| 3:25 - 4:15 |
Breakout Sessions (E6, T6, Repeat A3, Repeat G3) |
E6 - Innovative Ratemaking for Electric Cooperatives
Discuss current trends and recommendations for setting rates.
Thomas Kandel, CFC & Bill Edwards, CFC
|
T6 - State Income Tax Issues for Cooperatives
Which states disallow §199, NOL carrybacks, Pat/nonpat NOLs, state tax update, etc.
Brett Huston
|
A3 – Liabilities & Equity Project and the Lease Project
John Smith, IASB Board Member |
G3 -Anti-trust Issues for Farmer Cooperatives
Discuss recent USDA & DOJ workshops on competition in agriculture and the implications for farmer cooperatives.
Marlis Carson, General Counsel/ VP - Legal, Tax & Accounting |
| 4:15 - 4:20 |
Early Bird Prizes |
|
|
|
|
| 4:20 - 5:10 |
General Session |
|
|
|
Economic Update
Tom Cunningham, Federal Reserve (Atlanta, GA) |
| 5:10 - 5:15 |
Closing Comments/Adjourn |
|
|
|
|
| 6:00 - 9:00 |
President's Reception
Latino Casino Night |
|
|
|
|
Tuesday, August 3, 2010 |
| 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 - 8:55 |
General Session |
|
|
The Future of GAAP for Private Companies
Update on Big GAAP vs Little GAAP.
Rick Anderson, Chairman of Moss-Adams, LLP; Blue Ribbon Panel on Private Company Accounting |
|
| 9:00 - 9:25 |
|
|
|
|
Issues Facing the Co-op Model
Impact of worker cooperative patronage dividends treatment to other cooperatives; Trends for using the cooperative model.
Mary Griffin, Senior Policy Advisor, NCBA |
| 9:30 - 9:45 |
Break |
|
|
|
|
| 9:45 - 10:35 |
Breakout Sessions (E7, T7, A4, & G4) |
E7 - Financing Issues for Utility Cooperatives
Jim Stutzman, Electric Distribution Banking Group
|
T7 - Cooperative Tax Update
Summary of recent cases, rulings, etc. and pending tax legislation impacting the Cooperative industry.
George Benson |
A4 - How to Guidance - FAS 161 Disclosures and Utilizing FAS 157 to Address Common Problems with FAS 141R
Crowe Horwath, Etal |
G4 The Loan Application Process - Having Your Ducks in a Row
To discuss how a loan officer evaluates a loan and steps the Cooperative can take to facilitate the process.
Kent Erhardt, CoBank, ACB and Gary Weidenborner, CoBank, ACB |
| 10:40 - 11:30 |
Breakout Sessions (E8, T8, Repeat A4, Repeat G4) |
E8 - Lawsuit & Member Bankruptcy Update
Ty Thompson, NRECA |
T8(a) Presentation & Analysis of IRS Audit Survey Results
T8(b)
Demonstration of NSAC's New Online Discussion Forums; How to use; Ease of use; Etiquette for use
T8(a) Mike McIntyre
T8(b) NSAC Staff
|
Repeat A4 - How to Guidance - FAS 161 Disclosures and Utilizing FAS 157 to Address Common Problems with FAS 141R
Crowe Horwath, Etal |
Repeat G4 The Loan Application Process - Having Your Ducks in a Row
To discuss how a loan officer evaluates a loan and steps the Cooperative can take to facilitate the process.
Kent Erhardt, CoBank, ACB and Gary Weidenborner, CoBank, ACB |
| 11:30 - 12:50 |
Awards Lunch and Business Meeting |
|
|
|
|
| 1:00 - 1:50 |
Breakout Sessions (E9, T9, A5, & G5) |
E9 - Grid Plus Meters; Mandates for Smart Security
Jackson Thornton
|
T9 - Gaining Control over Sales Tax Exemption Certificates
Case Study on how a multi-state supply coop dramatically improved compliance with agricultural exemption certificates through automation.
Wayne Sine
|
A5 - Update on Modified FAS 5 Disclosures and Other GAAP Issues, Subsequent Events & Pending Projects
A&A Committee
|
G5 - Effective Governance in Cooperatives
Discuss operating policies Boards should consider for an effectively governed cooperative.
Dan Mott, Frederikson & Byron, PA |
| |
|
|
|
|
| 1:55 - 2:45 |
Breakout Sessions (J1 & Repeat G5) |
|
J1 - FIN 48 Implementation - IRS and Financial Statement Reporting Issues
IRS required disclosures & Financial Statement Footnote Disclosures.
Joint Presentation between the Tax & Audit Committees (Rick Olson, Greg Taylor)
|
Repeat G5 - Effective Governance in Cooperatives
Discuss operating policies Boards should consider for an effectively governed cooperative.
Dan Mott, Frederikson & Byron, PA |
| 2:45 - 3:05 |
Break |
|
|
|
|
| 3:05 - 4:20 |
Roundtable/Panel Discussions
|
N/A |
J2 - Coop Roundtable Discussions
Ask panel members tax and accounting questions.
Ed Bercot, Mike McIntyre, Roger Van Someren, Dwayne Campbell, Bob Beerup
|
N/A |
| 4:25 - 4:50 |
|
N/A |
J3 - Capstone Discussions by Industry Group
Conclude the roundtable discussions by determining how peers within your industry groups are addressing tax, accounting and other issues of the day.
Designated industries are currently identified as: Cotton/Grain, Dairy, Farm Supply/Retail, Juice/Fruits/Nuts, Tax Directors, & Other |
N/A |
| 3:05 - 3:55 |
|
E10 Roundtable - Stump the Utility Tax Expert
Ask utility tax related questions to our panel of experts.
Ty Thompson, NRECA Tom Strait, Washington Utility Group & Bill Miller, Bolinger, Segars, Gilbert & Moss
|
N/A |
N/A |
| 4:00 - 4:50 |
|
E11 Roundtable - Stump the Utility Auditor Expert
Ask accounting & auditing related questions to our panel of experts.
Randy Nichols, (McNair Mclemore Middlebrooks & Co LLP), Chad Moore ( BKD) & Terry Mitchell (Jackson Thornton)
|
N/A |
N/A |
| 4:50 |
Adjourn |
|
|
|
|
| 7:10 |
Activity |
|
|
|
|
Wednesday, August 4, 2010 |
| 6:45 - 7:45 |
National Program Planning Committee Breakfast Meeting |
|
|
|
|
| 6:50 – 7:50 |
Chapter Development Committee Meeting |
|
|
|
|
| 7:00 - 12:00 |
Registration Desk Open |
|
|
|
|
| 6:50 – 7:50 |
Networking Breakfast |
|
|
|
|
| 8:00 - 9:00 |
Guest Continental Breakfast |
|
|
|
|
| 7:50 - 8:00 |
Announcements | Early Bird Prizes |
|
|
|
|
| 8:00 - 8:50 |
General Session
|
|
|
|
Healthcare Reform – We’re All in It Together
Tucker Bonner, SVP Corporate Services, Community Hospital Corp.
To discuss the impact of health reform legislation on employers, healthcare providers and rural healthcare. The content of the legislation will be examined in context of bending the cost curve for all parties. |
| 8:55 - 9:45 |
|
|
|
|
Dealing with Generation Y & Millennials
Learn the tools for motivating and effectively managing Gen Y & Millennial employees.
Dr. Devon Brown, FCC Services |
| 9:45 - 10.05 |
Break |
|
|
|
|
| 10:05 - 11:50 |
|
|
|
|
IT Update
Paperless, Internet & Social Networking Security Issues.
Roman Kepczyk, CPA, InfoTech Partners North America, Inc. |
| 11:50 - 12:00 |
Closing Comments
Late Bird Prizes
Adjourn |
|
|
|
|
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: