Decosimo Accounting Seminar Features New Business Leaders Track May 22

Tuesday, May 08, 2012

Decosimo will host its annual Decosimo Accounting Seminar on Tuesday, May 22, at the Chattanooga Convention Center from 8 a.m.-5 p.m. This year’s seminar will comprise an accounting update presented by keynote speaker Richard Townsend in the morning and two tracks of breakout sessions in the afternoon. 

While the annual seminar was originally designed to offer accountants and finance professionals up to eight hours of their required accounting and auditing (A&A) continuing professional education, Decosimo has expanded its course offerings to include a new Decosimo Business Leaders Series learning track to appeal to a broader business management audience.

The 2012 Decosimo Business Leaders Series track will feature three afternoon courses including “Effective Leadership,” presented by Dr. Mark Mendenhall of UTC; “Current State of the Estate and Gift Tax,”  presented by Bob Wheat, a senior tax manager with Decosimo; and “Business Killers to Avoid,” presented by a panel of business executives including Bob Wheat, John Henegar, a tax principal with Decosimo, and Richard Thompson, the vice president of marketing for Benefit Compensation Group.

The A&A track also offers three afternoon breakout sessions including “Top 10 Accounting Issues Found in Audits,” presented by Jennifer Goodman and Renee Ford, assurance principals with Decosimo; “Goodwill Impairment Using the Step Zero Approach,” presented by Shannon Farr, a valuation manager with Decosimo Advisory Services; a panel discussion on “Due Diligence and Other Acquisition Issues” presented by Decosimo assurance principals Robert Belcher, Cole Powell and James Jackson plus Brent McDade, the managing director of Decosimo Advisory Services. 

The morning accounting update, presented by the associate professor of accounting and director of the Master of Accountancy program at University of Tennessee at Knoxville Richard L. Townsend, will cover recent financial accounting standards updates including Fair Value, Comprehensive Income, Goodwill Impairment, and Offsetting, as well as significant Exposure Drafts such as Revenue Recognition, Leases, and Financial Instruments.

Accountants and other business professionals may register for the Decosimo Accounting Seminar at www.decosimo.com/2012accountingseminar and choose from courses offered in either breakout session track. The registration fee is $99 for the full-day seminar and includes breakfast and lunch. Seminar attendees may earn up to eight hours of continuing professional education. 

Those interested only in the half-day Decosimo Business Leaders Series may register separately at www.decosimo.com/businessleaders2012 for $49 and can earn up to four hours of CPE. 

Decosimo has hosted annual accounting and tax seminars for more than 30 years in Chattanooga.  Founded in 1971, Decosimo is a Top 100 accounting and business advisory services firm with approximately 300 employees across offices in Chattanooga, Knoxville, Memphis and Nashville; Atlanta and Dalton, Ga.; Huntsville, Ala.; Cincinnati, Ohio and the Cayman Islands.  Each of Decosimo's offices serves a diverse client base providing a full range of assurance and tax solutions, as well as estate and business advisory services including valuation, litigation support and transaction consulting.


Scam Phone Calls Continue; IRS Identifies Five Easy Ways To Spot Suspicious Calls

The Internal Revenue Service issued a consumer alert today providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending to be with the IRS.   These callers may demand money or may say you have a refund due and try to trick you into sharing private information. These con artists can sound convincing when they call. They ... (click for more)

Tennessee Electric Cooperative Association Names Alex Perkerson Government Affairs Specialist

The Tennessee Electric Cooperative Association, a trade group representing the interests of electric cooperative members across the state, announced that Alex Perkerson joins the association as government affairs specialist. In this role, Ms. Perkerson will assist with the association’s legislative and grassroots efforts. “Tennessee’s electric cooperatives work to inform ... (click for more)

School Board Unanimously Makes Cuts To Teacher Insurance; Spouses Can Only Stay On If They Have No Other Insurance

The Hamilton County School Board on Thursday night voted to Increase the premium for spouses by $100 - a move officials said would save the schools from $2,040,000 to $3,040,000. Spouses will not continue to be covered if they have insurance available to them on their jobs. School officials said the 1,700 spouses on county school insurance last year had $10 million in claims. ... (click for more)

City Audit Hits Travel Abuses By Top Chattanooga Library Personnel; Report Forwarded To State On Possible Fraud

A report by Internal City Auditor Stan Sewell found travel abuses by top personnel of the Chattanooga Library. The auditor said he found possible instances of fraud and forwarded information to state officials in regard to "reported potential fraudulent activity" by Margaret Backus, Systems Administrator and Nathaniel Hill, Assistant Library Director. The report says, ... (click for more)

Thanks For Making The Southern Brewers Festival A Success

Now that the dust has settled I'd like to thank Chattanooga for supporting the Southern Brewers Festival and making it yet another very successful event.    For those who do not know - the SBF benefits the Chattanooga chapter of Kids on the Block and the Chattanooga Community Kitchen.  As a partner helping the SBF with volunteers, sponsorships and the overall production ... (click for more)

Roy Exum: Al Sharpton’s Wise Remarks

I’ll admit I paid little more than scant attention to the Monday funeral of Michael Brown, the 18-year-old who was shot and killed by police bullets in Ferguson, Mo., after he allegedly was involved in strong-armed robbery. There are too many tawdry details and, in my way of thinking, there is nothing under God’s sun, absolutely nothing, that gives others the right to riot, burn ... (click for more)