FMN Sessions
April 3, 2010
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FMN Committee Chair- Ken Kobylenski

"The FMN series refreshes my interest in business topics not part of one's normal
routine of monthly close or budget reviews. Most of all I enjoy the fellowship of my peers, who often have experience and
opinions deeper than mine for the topics we view.One of the most valuable products offered by the IMA is a video-training program
introducing and explaining up-to-the-minute accounting and finance issues. Viewing and participating in the group discussion
following provide 4 hours of NASBA-approved CPE credit.This workshop provides genuinely interesting training and discussion on a
variety of emerging Accounting/ Finance topics, all in a single morning. Please come again.If you haven't experienced it before,
try it now!"
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We cordially invite you to attend this highly acclaimed training program from the Financial Management Network (FMN)
with an opportunity to brainstorm and network with your peers
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Best value for your money and time
4 hours of NASBA-approved CPE for $40!Â
Refreshments are included in the pricing!
Location:Volt Accounting and Finance Offices
5201 Great America Parkway, Suite 240,                    Â
Santa Clara, CA 95054Â US
When:Saturday, April 3, 2010, 8:45AM
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Topic Descriptions:
1. From rules to priciples: What you need to know
 (Field of Study: Accounting)
What will happen, as we transition to global accounting standards, when two similar companies account for comparable transactions
differently? Willkie Farr's Michael Young examines the previously unforeseen consequences for companies, as well as for their
directors and officers, of using a simplified and principles-based financial reporting system.
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2. The price you pay for IT: From ERP to Cloud ComputingÂ
(Field of Study: Management Advisory Services) Â
The move to cloud computing has at least one thing in common with implementing ERP software: companies have invested a lot of
time, and a lot of money, in both IT initiatives. In our next segment, Peter Vogel - a partner at Gardere Wynne Sewell - counsels
financial executives on the role they should play in making these transitions smoother and less costly.
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3.Challenges in Financial Reporting in Today's environment
(Field of Study: Accounting)
 For many companies, 2009 will be remembered as the toughest business environment in recent history. Our cameras were on hand at
the FEI's Current Financial Reporting Issues Conference, where a blue-ribbon panel - chaired by Frank Brod, chief accounting
officer of Microsoft Corp. - provided insights into the challenges of operating in a climate of near-constant change.
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4. 2010: Still time to benefit from expiring business tax breaks
  (Field of Study: taxes)
Recent legislation extends the availability of several popular tax credits, from net operating losses to R&D, through the end
of the year. But, with the mood in Washington shifting from stimulus funding to deficit reduction, Professor Michael Tucker
suggests that you take advantage of these expiring provisions in 2010 before they exit the tax code. Â
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