Sessions For November 18

7:00AM-8:00AM

18

Monday
8:00AM-12:00PM

CMF19101. Cost Accounting

Instructor: Eric Hessler, Bill Walter, Matt Wood
Track: Manufacturing Conference
Knowledge Level: Advanced
Field of Study: Accounting
CPE Credits: 4.5
Prerequisite: 4 years previous experience in cost accounting or pricing strategies role

Cost accounting identifies the essential data for manufacturing managers to measure and evaluate performance through planning and controlling costs, costing products and services, and providing information to customers. This session will cover the basic concepts and strategies associate with various types of costs and costing systems. This session will also focus on the concepts and theories of pricing strategies and the impact and alignment with cost accounting. Attendees will be provided with insight into trends, challenges and opportunities as these decisions lead to financial accounting and taxation implications. The session will cover the following key elements:

• Types of costs and their impact on cost accounting practices
• Cost based pricing versus market based pricing
• Pricing strategies and their obstacles
• Tax impact of cost accounting practices
Learning Objectives:

  • This session will cover the basic concepts and strategies associate with various types of costs and costing systems.
  • This session will also focus on the concepts and theories of pricing strategies and the impact and alignment with cost accounting.
  • Attendees will be provided with insight into trends, challenges and opportunities as these decisions lead to financial accounting and taxation implications.
  • Tax impact of cost accounting practices

18

Monday
8:00AM-12:00PM

CMF19102. Cyber-Security and Privacy: Taking Control of Your Digital Life

Instructor: Jon Engstrom
Track: Controller Conference, FPA Conference, Manufacturing Conference
Knowledge Level: Basic
Field of Study: Information Technology
CPE Credits: 4.5

We live in a time where malicious actors are attempting to steal our information on a daily basis We know that more and more often hackers and criminals are targeting individual employee’s personal information in order to compromise sensitive organizational data. Most hackers can access personal online accounts with only one attempt.
This workshop focuses on looking at the threats to our privacy and security and then defending against the most common attacks against both our organizations and our own personal data. This workshop will cover basic and more advanced best practices for reducing our risk and improving the security of your digital footprint. We will build a foundation of actionable measures to fend off these attacks.
Learning Objectives:

  • Understand how to properly create and store passwords, generate proper online security questions
  • Recognize how to secure home and work computers from online threats and apply better overall defensive behavior in regards to technology.
  • Identify ways to stop the intrusion into our smart devices and the “Internet of Things”.

18

Monday
8:00AM-12:00PM

CMF19103. Modern Excel & Power BI: Microsoft’s Revolutionary Tools for Analysis & Reporting

Instructor: Rob Collie
Track: FPA Conference
Knowledge Level: Basic
Field of Study: Computer Software & Applications
CPE Credits: 4.5

Did you know that Microsoft has quietly been turbocharging Excel by integrating industrial-strength Business Intelligence and Reporting engines into it? Did you know that these new capabilities are 100% built for YOU, and that you can be successful with them in your first day? This session will empower attendees with absolutely game-changing Excel-based tools that dramatically accelerate data-driven decisions. In the session, attendees will experience an end-to-end walkthrough of these tools, including multi-data source import, rapid data shaping and cleansing, the creation of “portable” formulas that can be re-used across all subsequent analysis, and the construction of insightful reports and dashboards.

Target Audience: This session will be geared towards anyone who performs financial planning and analysis in Excel and is looking to simultaneously make smarter decisions while eliminating repetitious, manual labor. Anyone who is responsible for forecasting, analysis, and budgeting will find this introduction (to the tools listed below) to be quite literally a life-changing event.

Minimum Requirements for Session: Attendees may opt to simply “observe and absorb” this session, or may also opt to follow along with it on their own laptops.

• Excel 2013 with Power Pivot and Power Query installed
• Excel 2016 Professional or higher
• Excel 2010 with Power Pivot installed
Learning Objectives:

  • Full overview of the Microsoft Power BI suite
  • New tools and skills that can dramatically improve Excel based forecasting and budgeting
  • Clear and tangible ROI you can take back to your business immediately
  • Knowledge and assistance from a thought leader in the Power BI world

12:00PM-1:00PM

1:00PM-1:10PM

18

Monday
1:10PM-2:25PM

CMF1901. The Future of Work: Preparing to Shape and Lead Tomorrow’s Workforce

Instructor: Richard Hummers
Track: Controller Conference, FPA Conference, Manufacturing Conference
Knowledge Level: Overview
Field of Study: Business Management & Organization
CPE Credits: 1.5

We live and work in a world where customer demands are increasing, technology is enabling and disrupting business, and talent trends continue to change how today’s workforce operates. It is critical to have the right capabilities to serve our customers, by reimagining how we work across our organizations, in order to maintain competitive advantage. As CPAs and leaders, we will lead our organizations into the future. What will the company of the future look like? What skills do our employees have today, and what are the skills future employees will need? The Future of Work is a journey without an end and will require continuous improvement and transformation. Richard Hummers, SVP, Head of Global Enterprise Services and co-lead of the Future of Work initiative at Prudential Financial, will share his experiences and perspectives on this highly relevant topic as this year’s keynote speaker for the conference.
Learning Objectives:

  • Attendees will obtain insights into talent, technology and the Future of Work, including:Investing in talent and career mobility through learning and re-skilling
  • Transforming the way we use technology, data and automation
  • Achieving significant efficiencies in our organizations

2:25pm-2:35PM

18

Monday
2:35PM-3:50PM

CMF1902. Protecting Your Organization from Cyber-Crime

Instructor: Jon Engstrom
Track: Controller Conference, FPA Conference, Manufacturing Conference
Knowledge Level: Basic
Field of Study: Information Technology
CPE Credits: 1.5

Does the risk of being hacked keep you up at night? Cyber breaches have become a daily occurrence. What is at risk in your organization? Personally identifiable information (PII) of customers? Intellectual capital? Financial assets? Health records? What do you need to do to keep your organization’s data secure?
This session focuses on recent trends of online fraud, computer intrusion, and methods that suspects use to steal valuable data from your company. Live examples of how hackers commit their crimes 'hacking' into information will surprise the audience. The presentation includes the details of what every employee must do to protect company assets.
Learning Objectives:

  • Recognize how password hacking, email phishing, telephone attacks, social engineering, and online devices are an emerging threat against every business
  • Understand detailed solutions on how to stop the threats
  • Formulate a plan for employees to easily modify a few key online habits that will help protect your organization from the next attack

18

Monday
4:20PM-5:35PM

CMF1903. Machine Learning/AI

Instructor: Chris Ortega, Sharease Cole
Track: Controller Conference, FPA Conference
Knowledge Level: Intermediate
Field of Study: Information Technology
CPE Credits: 1.5
Prerequisite: Basic understanding of what artificial intelligence and machine learning.

During this session, we will explore AI and ML solutions existing in accounting and finance. As well as, discuss how AI and machine learning will impact people, process and performance strategies. You will also gain a better understanding whether your team and organization are ready for AI and ML.
Learning Objectives:

  • Review existing uses cases around the application of AI & ML technologies in accounting & finance teams.
  • Deep understanding on how AI & ML will impact people, processes and technology adoption & readiness for accounting & finance teams.
  • What is the future of AI & ML application for high performance & partnership accounting & finance teams?

18

Monday
4:20PM-5:35PM

CMF1904. E-Commerce - Doing Business on the Web

Instructor: John Ghiorso
Track: Manufacturing Conference
Knowledge Level: Overview
Field of Study: Specialized Knowledge
CPE Credits: 1.5

With about 50% of the e-commerce market share in the U.S., Amazon is an important sales channel and marketplace to understand. This session will include an overview of the different ways to sell on Amazon, the keys to succeeding on Amazon, and how advertising can improve sales momentum.
Learning Objectives:

  • Identify the different ways to sell on Amazon
  • Recognize the keys to succeeding on Amazon
  • Demonstrate how advertising on Amazon can improve overall sales momentum

18

Monday
4:20PM-5:35PM

CMF1905. Optimizing Inventory in the Omnichannel World

Instructor: Ken Koenemann
Track: Manufacturing Conference
Knowledge Level: Intermediate
Field of Study: Business Management & Organization
CPE Credits: 1.5
Prerequisite: Basic Understanding of Topic

Today's global economy and multi-channel buyer environments are challenging the order management and inventory management processes of most companies. The belief that one approach or methodology can be applied across the entire business is no longer true. Learn how to identify the various channels or value streams you have within your business. Most likely there are 4~6 channels that required different strategies for managing orders, inventory and pricing.
Learning Objectives:

  • What are the keys to successful inventory optimization in the omnichaennel world
  • How to use segmentation to optimize inventory

18

Monday
4:20PM-5:35PM

CMF1906. Cost Accounting for Non-Cost Accountants

Instructor: Eric Hessler, Bill Walter, Matt Wood
Track: Controller Conference, FPA Conference
Knowledge Level: Intermediate
Field of Study: Business Management & Organization
CPE Credits: 1.5
Prerequisite: Basic understanding of financial statement concepts

Cost accounting is a critical function and a key operational component for today’s successful producers and manufacturers. This session will cover basic cost accounting concepts and practices, theories of pricing, and the ways in which cost accounting can be used as a performance measure. In addition, attendees will learn how cost accounting interacts with financial accounting and income taxation concepts.
Learning Objectives:

  • Learn about the basic concepts and strategies associated cost accounting
  • Understand theories and practical applications of pricing strategies
  • Gain valuable knowledge surround the financial and tax accounting implications of cost accounting