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April 2006
Volume 64
Number 11
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El Camino
Review
Chapter Monthly Newsletter
Technical Session
May be applied for 1+ hour CPE
credit |
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6:00p - Social |
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7:00p - Dinner |
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7:30p - Speaker |
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Dress-Business Casual |
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April 7, 2006, Friday

"GPK
- Grenzplankostenrechnung (grenz-plan-kost-en-rech-nung)
What is it? What does it
offer? Why is IMA pursuing it? " |
Present by

Paul Sharman
President and CEO of the Institute of Management Accountants
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 | Embassy Suites Hotel |
2885 Lakeside Drive
Santa Clara, CA
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for April's Tech Session |
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Paul Sharman, ACMA, is
President and CEO of IMA. He has over thirty years of management
accounting and consulting experience in cost and performance
management. He is concerned that Activity Based Costing, while
theoretically sound, leaves much to desire in practice. He set out to
identify critical concerns and ways in which to improve corporate
understanding of organization performance. His search led him to Germany
where German society considers controllership to be more important than
any other accounting or finance function. Over the last 60 years, German
management accountants and academics have collaborated with consultants,
SAP, and corporations to develop Grenzplankostenrechnung or GPK, which
loosely translates as “Standard Marginal Costing” and the more recent
Prozesscostenrechnung.
Paul will describe what
caused him to set out on his journey, what he learned along the way, and
why it is relevant to IMA members. He places the discussion in the
context of the marketing hype of audit firms and issues of control and
governance failure. While Americans have been frustrated with lack of
actionable information Germans have been applying what they learned from
Americans 50 years ago. Paul Sharman describes what the IMA is doing to
bring that success back to America.
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Concise
Bio:
Mr. Sharman is responsible for leading and
directing IMA’s operations and initiatives in the United States
and abroad. Mr. Sharman’s vision for advancing the managerial
accounting and finance profession through certification and
superior professional ethical standards will ultimately result
in a significant group of professionals qualified to build
quality financial and governance practices into their
organizations.
Prior to his current position as CEO, Paul
served as IMA’s Interim Executive Director. He believes the
strength of IMA’s chapters and councils is essential to rebuilding
the IMA community, the management accounting profession, and
restoring good governance to our public, private, government, and
nonprofit organizations. Chapter visitations such as this are an
important aspect of rebuilding the IMA foundation and Silicon
Valley chapter is pleased to host this key leader of our
organization. |

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Cost:
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4/1/06
Saturday

9 am to 1 pm
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Next Activity:
Next Technical Session:
Tuesday
May 16, 2006
Sarbanes Oxley Updates
Bob Hirth, Managing Director

for May's Tech Session |
Tuesday,
April 25, 2006
Consulting – Is It Right
For You?
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Presented by
Bill Albrets, President

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Bill Albrets has been a favorite speaker for
IMA and other organizations seeking high-energy, insightful
commentary on the world of Finance and Accounting. Be sure to
join us for Bill's fifth year with our chapter, as he unlocks
the secrets of consulting as a career path. Bill will be
covering the pluses and minuses of consulting, the uses of an
agency, what it takes to be a good consultant, and how to
assess whether it is right for you.
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Concise
Bio:
William F. Albrets, CPA, CIA
is President of The Athena Group, Inc. With over 20 years
of experience in the finance, accounting and training
fields, Mr. Albrets has held executive positions ranging
from Chief Accountant of Lockheed Martin Technical
Operations to Controller and Vice President of Finance for
software, Internet, and other high-tech companies. Mr.
Albrets has used his hands-on skills to bring significant
operational improvements to all areas of finance, including
accounting, treasury operations, auditing, and taxation. As
President of The Athena Group, Mr. Albrets has been
providing financial consulting services to help companies
achieve financial goals, as well as developing and
presenting training programs for corporations and
professional organizations around the world for over ten
years.
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Robert Beasley
IMA-PPA VP of Education
rb.ima_ppa@charter.net

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Cancellation Policy:
To cancel without being penalized or receive
a refund, 24 hours notice is needed.
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