Members in Business & Industry PD Day November 25, 2014 PROFESSIONAL DEVELOPMENT Members in Business & Industry PD Day November 25, 2014 | Vancouver Convention Centre, West Building his popular conference day is all about providing accountants and financial professionals with the most balanced mix of technical and practical information that is relevant and timely. At this November’s conference, take some time to gather and share ideas that you can bring back to your organization. Our two keynote speakers will guide you to the forefront, with Helmut Pastrick providing his perspective on the outlook of BC’s economy, and Sharon Edwards sharing her insights on effective communication for leaders. Don’t miss out on this information-packed conference, and on the chance to meet and network with other members in business and industry. AGENDA 8:00 – 8:30AM Registration and Continental Breakfast 8:30 – 8:40AM Welcome and Introduction 8:40 – 10:00AM Morning Keynote Economic Outlook 10:00 – 10:15AM Coffee Break 10:15AM – 12:00PM Concurrent Breakouts - Budgeting – Review of Practices - Living Larger: How to Maximize Your Non-Work Time - Tax Update 12:00 – 1:10PM Lunch 1:10 – 2:50PM Afternoon Keynote What Leaders Know About Effective Communication 2:50 – 3:10PM Coffee Break 3:10 – 5:00PM Concurrent Breakouts - Outlook – The Killer App in Microsoft Office - Personal Effectiveness - Accounting & Financial Reporting Update CONFERENCE FEE: $450 + GST CPD HOURS: 7 Hours PD PASSPORT: Valid – 1 Passport Day To register, please go to our website at pd.bccpa.ca/conferences or email us at [email protected]. We can also be reached by phone at 604 681.3264, toll-free in BC at 1 800 663.2677. KARINE BENZACAR, MBA, FCPA, FCMA, is a seasoned industry professional with over 20 years of solid industry experience. After beginning her career in the finance departments of Avon Products and Kraft Foods, she held Senior Management positions at three major Canadian Banks – Royal Bank of Canada, Bank of Nova Scotia, and Bank of Montreal. Her career has spanned many functional areas including accounting, finance, capital markets, project management, re-engineering, and strategic management. She has performed consulting work, developed financial courses, and trained thousands of professionals from a wide variety of industries. TIM DUHOLKE, FCA, TEP has practiced tax exclusively for over 35 years and is a Senior Tax Advisor at Davis LLP. While Tim’s practice covers a broad spectrum of tax areas and industries, a great deal of his work is focused on advising private companies and high net worth families, especially on transition and succession issues. SHARON EDWARDS, MA, has been helping people for more than three decades to foster innovation and creativity through great communication. Sharon is a presentation skills consultant, coach, writer, facilitator and business translator who shares best practices that support strong communication between individuals and in small and large group settings. As a translator, she helps different business units ‘talk to each other’ by finding common ground between technical and non-technical audiences. As a coach, Sharon helps people overcome their anxiety so that they can share their expertise with confidence. HEATHER GRAY-GRANT provides business strategy, marketing plans and executive coaching. She is passionate about helping individuals and companies to focus in on the fastest and most productive ways to achieve success. Heather has 25 years of experience in professional services marketing and specializes in strategic planning for professional services. She is also a certified coach with 18 years as of experience, and focuses on coaching professionals, business executives and business owners/entrepreneurs from a wide range of industries. DR. SHAWN IRELAND, M.SC., MA, E.Dd is the lead consultant and managing director of HRCgroup, inc. Dr. Ireland’s areas of subject matter expertise include action-learning initiatives in support of managing change, leadership, strategy, management of virtual teams, project leadership, fostering critical thinking, communications, and managing human behaviour. He has worked extensively with international Fortune 500 companies. He recently published the book “IFRAME: A Manager’s Guide to Critically Balanced Thinking” with his co-author Lorne Kelton. DALLAS LEUNG, CA, CFA, CBV, is the Vice President of Finance and Administration at TSI Terminal Systems Inc. TSI operates Vanterm and Deltaport on behalf of the Vancouver Port Authority. Dallas is responsible for the accounting, financing, strategic planning, risk management and contract negotiations for the company. Previously, Dallas was a senior manager of Deloitte in the Corporate Finance Group. DIANE MCDONALD, CPA, CA, has been in public practice for over 30 years and is a sole practitioner providing consulting, monitoring and professional practice services throughout British Columbia. Diane assists Canadian public companies with initial and continuing Canadian and SEC financial reporting obligations and provides accounting and financial reporting consultation services to management and auditors on the application of IFRS, ASPE and U.S. GAAP. Diane also develops and presents professional development sessions for both preparers of financial statements and practitioners auditing those statements. HELMUT PASTRICK is Chief Economist for Central 1 Credit Union, the central financial facility and trade association for the B.C. and Ontario credit union systems. Helmut provides economic analysis and forecast services to the credit union system and to the public via the Economic Analysis of British Columbia and the Economic Analysis of Ontario and other publications. Prior to joining the Central 1 Credit Union in 1997, he spent many years with the Canada Mortgage and Housing Corporation in BC analyzing and forecasting the provincial housing market and economy. MARION WILLIAMS, a Senior Associate with K2 Enterprises Canada since 2009, provides consulting and training services throughout Canada. With a background in the insurance industry, Marion earned the FLMI designation with a specialty in Information Systems. As the owner of a computer consulting company in Ontario for over twenty years, Marion develops custom databases for a variety of business sectors, using Access, Excel and VBA. In addition, Marion specializes in training all the Microsoft Office products at an advanced level. Members in Business & Industry PD Day 8:30 – 8:40AM SESSION DESCRIPTIONS WELCOME & INTRODUCTION Welcome and introductory remarks from the conference chair. DALLAS LEUNG 8:40 – 10:00AM KEYNOTE Economic Outlook HELMUT PASTRICK Helmut will share his perspective on the economic outlook for the year ahead, and examine the macro factors influencing BC’s economy. Key BC industry conditions and forecasts, consumer and investment spending trends and forecasts, and some regional economic information will also be presented. 10:00 – 10:15AM COFFEE BREAK 10:15AM – 12:00PM CONCURRENT BREAKOUTS Budgeting – Review of Current and New Emerging Practices Tax Update KARINE BENZACAR Do you feel that you are not quite up to date in the ever changing world of tax cases and legislation? It seems that no matter how much we read, something always seems to slip between the cracks. This presentation will analyze topical court cases and government pronouncements in an attempt to fill in those holes and provide you with insights to stay on top of the hot topics of the day. Budgeting ranks as one of the most stressful and hectic tasks for controllers yet it is one of the most important duties of a controller. As resources become more and more constrained in companies, the financial manager who is capable of coordinating the development of a solid budget is a step ahead of others. Budgeting effectively involves more than just financial acumen – it involves inspiring department managers to provide valuable insights and knowledge in a timely fashion. It also involves compiling information received from various sources in an effective manner. This session will explore some of the common pitfalls of traditional budgeting and best practices to make the process more efficient for controllers as well as the business managers they are supporting, while meeting the objectives of the budgeting process. 12:00 – 1:10PM LUNCH 8:40 – 10:00AM KEYNOTE TIM DUHOLKE Living Larger: How to Maximize Your Non-Work Time HEATHER GRAY-GRANT In the accounting and finance professions, long hours tend to be the reality. But we contribute to this imbalance by frequently making decisions that sacrifice our personal life for our work life. We do this because we don’t appreciate the real value of balance. We also waste an enormous amount of our “free” time on things that are not important to us. This program teaches participants an easy, repeatable method to determine their priorities, assess how they are doing and build a realistic and focused plan for improvement. Participants are taken through an analysis and planning process that results in a personal plan to maximize the value of their nonworking time. They will be amazed at how much more effective they can be in virtually all aspects of their life, and how much time they really do have to focus on life outside of work. What Leaders Know About Effective Communication SHARON EDWARDS Leaders know that sharing their vision is crucial to the success of their teams and organization. Leaders know that innovation and creativity are necessary ingredients for the execution of excellence. Leaders know that without effective communication skills it is impossible to share a vision that will create a strategy that can support a team to create a successful outcome. In this session you'll learn more about improving your skill set as a master communicator: the difference between efficient and effective communication; why multi-tasking kills communication; how to bridge generational communication differences; how to share your vision by creating effective key messages and how great communication fosters innovation. Stop wasting time and energy talking in circles - communicate like a leader instead. 2:50 – 3:10PM COFFEE BREAK 3:10 – 5:00PM CONCURRENT BREAKOUT SESSIONS Outlook – The Killer App in Microsoft Office MARION WILLIAMS Microsoft Outlook is the most utilized email application in the world today. However, Outlook is more than just an email client; it is also a full-featured personal information manager. You can use Outlook for managing and organizing contacts, calendars, tasks, and notes; keeping track of activities related to clients, customers, and projects; and scheduling appointments and organizing meetings. Learn how to better organize and manage communications, calendar, and contacts. Coverage contains how to better organize your inbox, maintain control over calendar appointments and meetings, and collaborate with others more effectively. Accounting and Financial Reporting Update Personal Effectiveness: Self Awareness & Balanced Thinking DIANE MCDONALD SHAWN IRELAND This session will provide an overview of the recent and upcoming developments in accounting standards. Brief summaries of developments that have impacted financial reporting over the last twelve months will be discussed. Successful people have one thing in common – they learn by doing and by applying their experience to day to day activities. Through understanding themselves, their values and motivators, and by continuously examining their taken-for-granted assumptions, they are able to adapt and improve their communication and management styles, their approach to decision-making and relationships. This seminar identifies the links between our self understanding, personal growth, communication and management styles, and critical thinking, both in our working and personal lives.