PRESENTATION SUMMARIES AND LEARNING OBJECTIVES
TULSA IMA CONFERENCE
AUGUST 16TH AND 17TH, 2022
RIVER SPIRIT CASINO RESORT
16 CPE
The Group Live Conference Program for 2022 requires no prerequisites or advanced preparation and the program level is basic.
TUESDAY, AUGUST 16
SESSION #1 8:10 TO 9:00 AM – CLINT BRUCE "PURSUING ELITE"
People who consistently produced elite outcomes on maps that matter make daily decisions to be balanced, curious, tribal, intentional and authentic. They have a holistic lens on their lives and are intentional and thoughtful in how they craft adventures/endeavors and endure inevitable adversity. Their lives and accomplishments offer a framework that can be synchronized where we share maps and missions, yet also customized - because all of our maps are a little bit different. While "excellence" may be a function of talent/treasure advantage, sustained success rarely is. Rather, it is a relentless but achievable set of daily disciplines called the PursuitPoints. Audiences will better understand how to build their own version of a pursuit plan for an elite life as they and their professional endeavors define it.
LEARNING OBJECTIVES
- The audience will be able to identify opportunities for sustainable and holistic growth as individuals, members of families, and as professionals
- The audience will learn the methodologies used by members of elite units in the military and elite athletes to identify and remediate performance limitations.
- Participants will build a beginning version of their own “Maps that Matter Most” and be able to add/refine as they integrate planning principles described during the PursuingElite session.
- Participants will be able to better understand their natural and cultivated advantages (talents, gifts, gained skills) and how to compliment those skill with angles (ever-increasing skill and ability in the requirements of their profession) and allies (complimenting and augmenting their shortfalls with the skills and abilities of teammates)
SESSION #2 AND #3 9:15 TO 11:05 AM – DR. ANDREW URICH “ETHICS 2.0 CHARACTER AND CULTURE
This program focuses on raising consciousness of factors impacting ethical behavior. Topics include: 1) A look at bias and conflict of interest from a neuroscience point of view. 2) The ingrained character traits of honesty, fairness, humility and intellectual bravery. 3) The role of corporate culture and incentives as an influence to employee behavior. 4) The impact of power and willful blindness in ethical decision making. This program relies on case problems and discussions to help achieve the objectives and reinforce the concepts.
LEARNING OBJECTIVES
- Recognize the trap or Willful blindness
- Appreciate the role that culture plays in ethical behavior
- Awareness of bias and conflict of interest in decision making
SESSION #3 11:20 AM TO 12:10 PM – STACEY KYMES “LEADERSHIP PHILOSOPHY”
As leaders, we set the example for our teams and we are responsible for identifying and rectifying things we can improve.
LEARNING OBJECTIVES
- Participants will begin to value the idea of “re-thinking” how they collaborate
- How they value teams
- How they hold each other accountable by communicating clear expectations, and by daring greatly
SESSION #4 1:10 PM TO 2:00 PM – JANIS PARTHUN “REGULATORY DEVELOPMENTS AND ACCOUNTING UPDATE"
This session will include a technical accounting update, highlighting developments by the Securities and Exchange Commission (SEC) and standard setting bodies. The highlights will include SEC and FASB’s priorities, as well as common themes from PCAOB’s past inspection results. Additional highlights presented will include areas where the SEC provided consultation or issued comments to public registrants.
LEARNING OBJECTIVES
- Learn about recent developments from the SEC and standard-setting bodies
- Understand how the developments may impact companies and financial reporting preparers
- Learn about key trends on topical areas addressed by the SEC staff
SESSION #5 2:15 PM TO 3:05 PM – DR. TYLER MOORE “THE ECONOMICS OF CYBERSECURITY”
We often think of cybersecurity as a purely technical problem. However, cybersecurity failures are often better explained by economics rather than technology alone. In this talk, I describe how misaligned incentives and market failures can expose organizations t attacks despite spending record amounts on countermeasures. I will explore how firms typically manage their cybersecurity investment and share thoughts on how they can strengthen their security in today’s threat environment.
LEARNING OBJECTIVES
- Become conversant in the latest cybersecurity threats facing organizations
- Articulate key concepts from economics, notably incentives and market failures, and understand how they apply to cybersecurity problems
- Review how cyber insurance fits into an overall cyber risk management strategy
SESSION #6 2:15 TO 3:05 PM – NATE ALLPHIN “CFO’S DATA DRIVEN PLAYBOOK”
Want to grow in the right areas, plan strategically and be more productive? The answer is in your data. This webinar discovers the modern CFO’s playbook for becoming more data-driven. We’ll outline the steps to define an effective data strategy and provide tips to go from “No I” to BI (No Intelligence to Business Intelligence).
LEARNING OBJECTIVES
- Define what it means to be truly data-driven
- Discuss the key differences between data lakes, data warehouses, and data visualization tools
- Outline the steps to define an effective data strategy in your business
- Discuss how to use data analytics to drive results and aid decision making
- Identify the key phases of data maturity and good reporting
SESSION #7 2:15 TO 3:05 PM – JASON OELRICH “TAX LEGISLATIVE UPDATE”
Join us for our tax legislative update covering recent developments in proposed and enacted tax legislation. Staying up to date on areas affecting your situation is important and can allow you to better plan for changes that may be coming. Our speaker, Jason Oelrich, will update you on the latest from Capitol Hill with a focus on how changes may affect you and your organization.
SUMMARY AND LEARNING OBJECTIVES
- Discuss the tax legislative landscape
- Examine pending regulations and IRS guidance
- Analyze how these changes could impact businesses and individuals
- identify possible action steps and planning opportunities
SESSION #8 3:10 TO 4:00 PM – DR. CHRIS KUEHL “ENERGY CRISIS? HOW BAD AND HOW LONG?”
The Black Swan event in economics is supposed to be rare - an unexpected and significant impact on the economy. Lately we have seen them appear back to back with Covid and the Ukraine war. Suddenly the world is dealing with situations not faced in close to five decades. What does the rest of the year hold? Is inflation peaking or is it destined to keep rising? Is recession in the future? What can be expected to change as far as the war or the pandemic?
LEARNING OBJECTIVES
- Understand the current status of the global economy and the factors that could encourage or discourage threats such as inflation or recession
- Understand the policy options facing the Federal Reserve and other central banks
- Understand the impact that economic shifts have on the accounting professional
SESSION #9 3:10 TO 4:00 PM – NATE ALLPHIN “BRINGING YOUR DATA TO LIFE: DATA ANALYTICS TOOLS SHOWCASE”
In this session, we will be showcasing the most popular tools for solving data problems and providing thoughts on how to apply the right tools to the right data challenges. We will also demonstrate examples of several solutions using some of the top software options including Power BI, Tableau, Alteryx, Snowflake, and RPA.
LEARNING OBJECTIVES
- Discuss some of the top data tools in use today
- Compare the various tools and identify strengths and weaknesses
- Demo real-life examples of data in action
SESSION #10 3:10 TO 4:00 PM – LYNN ROHLAND “THE CYBERSECURITY LANDSCAPE: HOW THE GLOBAL PANDEMIC TRIGGERED A CYBERSECURITY CRISIS AND THE BUSINESS IMPACTS ON FOUR (4) MAJOR FONTS”
When COVID-19 swept across the globe in 2020, it also exposed businesses to an epidemic of cybersecurity and data privacy threats, as criminals took advantage of the chaos to attack vulnerable targets. The financial and societal cataclysm has shaped today’s new business models, how corporate assets are protected, regulatory compliance, and the escalation of global cyberthreats. This presentation discusses the major implications of cyber threats for lines of businesses, risk and compliance officers and audit executives based upon first-hand accounts of assessments performed and audit results across several industry sectors. The discussion will also share key considerations and actionable steps for enabling a cyber risk culture, greater cyber resiliency, and operating with distributed and hybrid workforces.
LEARNING OBJECTIVES
- Get insights about the catalysts from 2020-2021 that caused today’s cyberthreat landscape that organizations are experiencing in real-time
- Learn what the audit findings and assessment observations are across 4-5 industry sectors from the past 2-12 months
- Understand the questions board of directors and audit executives are asking of cyber programs and actions organizations can take to address cyber risks
SESSION #11 4:10 TO 5:00 PM – DR. CHRIS KUEHL “ECONOMIC UPDATE: A FLOCK OF BLACK SWANS”
The Ukraine war has upset the energy markets in ways few anticipated. The sanctions imposed on Russia have essentially cut the country off from the oil world and that means losing the third largest producer. Per barrel prices spiked, natural gas spiked even higher. What next? What happens if Russian oil is back on the market? What happens if it isn't? Does all this mean more emphasis on developing fossil fuel or less as countries attempt to find reliable options?
LEARNING OBJECTIVES
- Understand the current situation as far oil and gas production
- Understand the potential scenarios as far as solving the energy crisis
- Understand the longer-term implications from this latest energy situation
WEDNESDAY, AUGUST 17
SESSION #12 8:05 TO 8:55 AM – JIM BRIDENSTINE “FUTURE SPACE ECONOMY”
Utilization of space has shifted from governments to commercial interests. American preeminence in space is necessary for our economy and national security. The U.S. Government must take advantage of private capital through public-private partnerships to maintain its qualitative technological edge.
LEARNING OBJECTIVES
- Will governments or businesses control Space?
- What businesses will be involved in the Space economy?
- What new consumer products will be invented?
- What will Space travel be like?
- What will five year intervals of Space economy look like?
SESSION #13 9:10 TO 10:25 AM – JOHN HOWELL “BEING ALL IN… ALL OF THE TIME”
John brings a story and experience you will likely never forget. It isn’t so much about change as it is about changing the way you see things. How you choose to see things creates its own set of changes, in how you spend your time, in how you create daily focus, in how you de-clutter and ultimately in how you accomplish the things you really value. A sudden impact doesn’t have to change what you do, but may very well open your eyes to the beauty in what you do and how you go about doing it.
LEARNING OBJECTIVES
- How to think about your purpose and thoughts of life legacy
- Consider the role of core values in your life choices
- Evaluate how you spend your day and how you might de-clutter and focus on accomplishing the things most important to you
SESSION #14 10:40 TO 11:55 AM – MATTHEW MORGAN “UPDATE ON NATIVE AMERICAN ISSUES”
In July 2020, the US Supreme Court in the McGirt Case in a 5-4 vote ruled that Congress had never formally disestablished the Muscogee (Creek) Nation in Oklahoma, created by an 1833 treaty and extending across the eastern half of the state including Tulsa. Through the Supreme Court's decision applies only to criminal jurisdiction, it has the by an 1833 treaty and extending across the eastern half of the state including Tulsa. Through the Supreme Court's decision applies only to criminal jurisdiction, it has the Seminole tribes. In 2021, the State of Oklahoma filed a petition in Bosse v Oklahoma for the Supreme Court to reverse its decision in McGirt and decide that the tribes reservations no longer exist.
This presentation will update the McGirt case, look at Casino, hunting and fishing taxing issues and environmental and energy issues on Native American land.
LEARNING OBJECTIVES
- Learn about the McGirt Case
- Learn about what legal and business ramifications the McGirt Case has beyond criminal justice
- Learn about other Native American issues such as Casino taxation, environmental, energy, etc.
SESSION #15 1:00 TO 1:50 PM – KELLY PAXTON “PINK FRAUD”
Embezzlement is the crime that every business owner, government agency, PTA, and youth sports league worries about. Protecting assets is a top priority. The loss of money is devastating. However, what is worse is the loss of time which is unrecoverable and the loss of trust which takes the biggest toll. When embezzlement happens it is often committed by a long-term, trusted employee. They have worked side by side with you for potentially years or even decades. Often, they are part of the family. These embezzlers live amongst us. This crime is the relatable crime because most everyone knows some business or person who has been affected by embezzlement.
LEARNING OBJECTIVES
- Attend Catch Me If You Can and learn: What is the difference between White Collar Crime and Pink Collar Crime?
- Why is Pink Collar Crime growing?
- Who is the “typical” Pink Collar Criminal?
- How to identify “pink flags”
- Tips and tricks for investigating and interviewing a Pink Collar Criminal
SESSION #16 2:05 PM TO 2:55 PM – KELLY PAXTON “FRAUD AND POP CULTURE”
Hollywood knows fraud is a big money maker for them. They make movies about fraud all the time. Some of the biggest blockbuster movies, Wolf of Wall Street, Catch Me If You Can, are about fraudsters.
LEARNING OBJECTIVES
- Why do fraudsters make such great characters in movies? Do people relate to the fraudsters?
- What motivates the fraudster in these movies? Is it money? Is it lifestyle?
- Themes about fraud in pop culture such as whistleblowing, greed, how they started, how they got caught
- Learn not only about movies but books, podcasts and crazy stories that you can’t believe to be true but unfortunately are true.
SESSION #17 2:05 PM TO 2:55 PM – DR. KIM CHURCH “HOW TO CREATE A UNICORN: DATA ANALYTICS FOR ACCOUNTING”
Data analytics is the science of analyzing raw data in order to make conclusions about that information. Tools are an important component of any analytics program, but remember they only provide support for the task. The tools that will be discussed in this presentation include the following: logical & critical thinking, data, models, mining, remember they only provide support for the task. The tools that will be discussed in this presentation include the following: logical & critical thinking, data, models, mining, analysis, visualization, story telling and ethics.
LEARNING OBJECTIVES
- Learn more about the relationship between accounting and data analytics
- Learn more about how data analytics will be incorporated into accounting in the future
- Learn where data is derived
- Learn about the 8 tools commonly used in data analytics
SESSION #18 2:05 PM TO 2:55 PM – COREY VICKERS “SUPPLY CHAIN: RISK IS INHERENT & RESILIENCE IS CRITICAL”
A company’s Supply Chain is an ecosystem that extends far beyond the company’s organizational boundaries to connect with multiple layers of suppliers and customers. It is fueled or constrained by macroeconomic and geopolitical forces yet offers tangible strategies and tactics business leaders can leverage to play the infinite game. We will explore the challenging current realities faced by Supply Chain practitioners and how Internal Audit professionals can build a plan that will strengthen the backbone of the business.
LEARNING OBJECTIVES (MANAGEMENT SERVICES)
- Why supply chain isn’t just purchasing
- What business levers are moved by Supply Chain and what’s meaningful for CEOs and Audit Committee members.
- Current topics/risks on the minds of Supply Chain practitioners.
- How Internal Audit can shape their annual audit plan and partner with Supply Chain to build business resilience.
SESSION #19 3:10 PM TO 4:00 PM – LACEY HORN “DEMYSTIFYING THE WORLD OF CRYPTOCURRENCY”
Join Lacey Horn for a deep dive into the most frequently asked and misunderstood aspects of the world of cryptocurrency.
LEARNING OBJECTIVES
- Gain an understanding of what cryptocurrencies are and what they mean for humanity
- Learn the mindset and tools required to participate in the crypto markets
- Hear about emerging trends in the adoption of crypto
SESSION #20 3:10 PM TO 4:00 PM - DR. KIM CHURCH “BRIDGING THE PROFESSION-EDUCATION GAP: A BEGINNERS’ GUIDE TO BLOCKCHAIN”
Gartner lists blockchain as one of the Top 10 technology trends from 2019. This emerging technology, most commonly associated with Bitcoin, will drive disruption and has the potential to create in new business models, reduce transaction intermediaries, and lower operation costs. As blockchains become increasingly integrated into the mainstream, financial practitioners need to establish and refine their technical comprehension to avoid blockchain becoming a so-called “black box,” limiting transparency and visibility into financial operations due to a lack of understanding. Join We’ll discuss introductory blockchain concepts, break down the technical components of blockchain into components that practitioners and other users can understand, explain, and apply as this disruptive technology evolves in the marketplace.
LEARNING OBJECTIVES
- Define basic blockchain characteristics
- Contrast controls for traditional and distributed ledgers
- Describe blockchain permissions
- Discuss blockchain consensus protocols in accounting education
SESSION #21 3:10 PM TO 4:00 PM – CHRIS ZERVAS “CRITICAL KEYS TO LEADERSHIP”
Whether you are new to leadership or have been a leader for decades, this program will unlock critical keys to leadership success.
- Discover the importance of truly knowing yourself
- Learn ways to inspire your team
- Practice strategies to move together toward your vision
LEARNING OBJECTIVES
- Participants will increase their understanding of the importance of their character.
- Participants will learn tools to aid them in making connections with those they lead.
- Participants will learn the benefits of empowering their employees.
SESSION #22 4:10 PM TO 5:00 PM – CHRIS ZERVAS “EMPLOYEE WELLNESS: MOVING PAST UNCERTAINTY TO HEALTH”
Researchers are telling us that America’s stress level is at an all-time high. And yes, it does impact results at work. Change influences all of us differently, yet you can find effective ways to lead yourself and your colleagues through stress filled times. Come discover:
- Proven ways to ease unrest
- How to help others on your team deal with their anxiety
- When change is thrust upon you, how to grow, adapt and move toward health
LEARNING OBJECTIVES
- Participants will increase their understanding of the need for self-care.
- Participants will understand the importance of relational health for themselves and their employees.
- Participants will be able to employ communication skills to build employee trust and productivity.
- Participants will learn the benefits of a thanksgiving journal.