Decosimo Accounting Seminar Features New Business Leaders Track May 22

Tuesday, May 8, 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 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 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.

Chattanooga Chamber Offers Insights Nov. 17-18

Chattanooga Insight, a program of the Chattanooga Chamber, provides an overview of our city and county that’s perfect for newcomers – or for those who want to learn more about these topics:  ·           economic development ·           public safety · ... (click for more)

Governor Haslam, Commissioner Boyd To Make Economic Development Trip To Germany

Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd will travel to Germany from  Oct. 31 to Nov. 4  in an effort to build and strengthen ties with the country’s business leaders as well as increase foreign direct investment opportunities (FDI) in Tennessee.   In addition to meeting with German executives who already ... (click for more)

2 Shot On Shepherd Road Tuesday Evening

Two people were shot Tuesday evening on Shepherd Road. Chattanooga Police were dispatched just before  6:30 p.m.   Tuesday,  to a parties shot call in the 1900 block of Shepherd Road.   Upon arrival, police were told two injured parties were transported to a local hospital via personal vehicle.  Both victims told investigators they were walking ... (click for more)

In Surprise Vote, Chattanooga City Council Turns Down Short Term Vacation Rentals

In a surprise vote, the City Council on Tuesday night turned down allowing a process to legalize short term vacation rentals in Chattanooga. Only Chip Henderson and Jerry Mitchell voted in favor. Opposed were Carol Berz, Yusuf Hakeem, Larry Grohn, Moses Freeman, Ken Smith and Russell Gilbert. Chris Anderson was absent. Afterward, Councilman Smith said, in light of the vote, ... (click for more)

October Is Breast Cancer Awareness Month

Picture a sold-out baseball game at Wrigley Field or Nationals Park packed with 40,000 fans. That image represents roughly the same number of women and men who die from breast cancer each year.  In Tennessee alone, an estimated 900 women will die from the disease in 2016. It is a sad statistic, but there is some good news: thanks to early detection and improved treatments, ... (click for more)

Roy Exum: Saving A Life & More

About 40 years ago I was at an afternoon football practice when one of those who was also watching from the fence was bitten by a bumble bee or yellow jacket or whatever it was and almost died from anaphylactic shock. Luckily an athletic trainer had an EpiPen, jammed it into the man’s thigh and it is believed to have saved the victim’s life. For years I kept an EpiPen on the top ... (click for more)