Accounting for Leases

James Weber, CPA, Senior Manager Alpern Rosenthal
Session 1: 7:30 AM  - 8:20 AM

Auditing Internal to External

Patrick McClory, PNC
Session 2: 8:30 AM  - 9:20 AM

Discussion Topic: Compare and Highlight Differences between Internal Audit ("IA") and External Audit

• Begin with comparing the Governance Model (Oversight bodies, regulators, etc.) for External Audit vs. Internal Audit
• Discuss different stake holders each audit function (internal vs. external) serves in fulfilling its mission
• Review expanded scope of responsibility for which an internal function is accountable (things we do in addition to financial statement audit work)
• The role of IA in supporting the external firm in the financial statement audit process - lots of reliance is placed on IA and its work
• Brief Overview of the IA function and departmental structure at PNC (versus the typical organizational structure at a public accounting firm)
• Provide a few "real life" case studies and working examples of things we have found
• Questions/open discussion

Discussions: Standard setting for Non Public Entities FASB/IASB & IFRS Other Highlights

Doug Morally, CPA Schneider Downs
Session 3: 9:30 AM  - 10:20 AM

20 Ideas for Businesses in a Recovering Economy

Andrew Sassaman, Robert Half
Session 4: 11:00 AM  - 11:50 AM

Field of Study: Business Management and Organization

Learning Objectives: Business owners have learned to prepare for tough times, but are they ready for improving conditions?

According to research by Robert Half, business confidence is on the rise. And, as the economic mood shifts into more positive territory, it’s time to take advantage of new opportunities.

This guide offers fives areas for businesses to examine carefully as they manage through a changing economic environment, including 20 ideas that can help them stay on track.

Banking & Security Issues

Jeffry C. Baumbach, Vice President, Cash Manager Royal Bank of Scotland / Citizens Bank
Session 1: 7:30 AM  - 8:20 AM

ACH - Virtual Payments
How consumer shopping patterns are shaping payment methods.

Presentation overview:

What is causing the extreme paradigm shift from check payments to electronic payments?

This presentation delivered by Jeffrey Baumbach, Treasury Manager for RBS Global Transaction Services, focuses on how consumers today have many ways to pay bills with new bill payment innovations seemingly introduced every day.

This dynamic shift in consumer payments is most evident when considering the dramatic transition away from paper-based payment instruments.

Discover the new payment trends and the new payment processes evolving virtually overnight as a result of this dramatic shift.

IT Security - Understanding the Current Internet Threat Environment

Mike Shafer, Shafer Consulting
Session 2: 8:30 AM  - 9:20 AM

Ask a few people what Internet security is all about and you'll likely hear about bright, somewhat socially inept teens pounding on computers in their parents basements, creating pizza and pop fueled mischief and mayhem. Up until around 2004 or there abouts this image would have been largely correct. The most prevalent group of trouble makers starting with the rise of the public Internet in the mid-1990s indeed did mostly fit this profile. Then it all changed.

Starting around 2004 the hyperactive teens faded into the background as the scourge of the Internet and were replaced by a force much more problematic and with different intentions. Teenage bravado gave way to quiet professionalism and motivation for making headlines was replaced with making money. Lots of it.

Around 2004 the Internet experienced the replacement of mischievous teen pranksters with ranks of professional electronic criminals who have remained on and become increasingly skilled at their craft. A craft whose intentions mainly revolve around defrauding others for financial gain. Moreover the new breed of professional cyber-criminal really isn't concerned with who's supplying the assets.

In today's world business use of the Internet has become a matter of fact and accompanying that fact is the reality that it can be a dangerous place for the unprepared. Fortunately a modest understanding of the tools and techniques used by on-line criminals can take us a significant way down the path of preparation.

In this presentation we'll be taking a largely non-technical, big-picture look at the current state of the Internet threat environment and work to create a frame of reference that participants can use to communicate with their IT staff or service providers.

In addition participants will receive an IT security blueprint in the form a of reference manual I've created to help those outside of the IT profession more easily understand the threats and the necessary steps for defense.

Corporate Finance Activities and Financial Reporting

Dave Pieton & Pete Ferraro, Corporate Finance KFMR
Session 3: 9:30 AM  - 10:20 AM

Making Your Company's Financial Statements Loan Ready

Tracie Elza & Mark P. Harrison, First Commonwealth Bank
Session 4: 11:00 AM  - 11:50 AM

Stress Less

Kathy Jo Pollack, Professional Life Coach, Trainer & Speaker
Session 6: 1:30 PM  - 2:20 PM

Stress Less

Presented to:
Pittsburgh Tri-State Area Conference
November 4, 2011

A practical approach to:

What is stress

What causes stress

How stress affects you

What you can do

Presented by: Kathy Jo Pollack

Stress…simply put

• Helps prepare us for a challenge

• After meeting a challenge

Test Your Stress IQ

Types:

• Acute!

• Chronic

• Positive or Good

• Affects

What can you do?

• Identify Your Stressors (chart)

• Prevent Stress

• Importance of Downtime (Leonardo DaVinci)

• Manage Stress

• Make sure you have a support system

• Seek Balance (Melody Beattie)

• Wheel of life

Final Thoughts (Gandhi)

Thank you!

Risk Management

Ed Shea, Vice President, BABB, Inc. Babb Insurance Co.
Session 7: 2:30 PM  - 3:20 PM

Ethics

Richard F. Fischer, CPA Louis Plung & Co.
Session 8: 3:30 PM  - 4:20 PM

Payroll Tax Update: Act 32

Tracy H. Null, Vice-President Business Development Sentric, Inc.
Session 6: 1:30 PM  - 2:20 PM

Choice of Entity - LLC Update

Erik V. Scully, Esq., CPA Scully Tax Law Group
Session 7: 2:30 PM  - 3:20 PM

Elder Law Update - Tax & Planning Considerations

Julian Gray, Julian Gray Associates
Session 8: 3:30 PM  - 4:20 PM