Institute of Management Accountants
Minutes February 1, 2001



Minutes - Orange County IMA Chapter Board of Directors

February 1, 2001

Meyer Properties Office

6:45 Meeting called to order

Attendees: Clark Hill, Ken Foos, Ted Windham, Terry Vickrey, Marcia Cordova, Teresa Lennon, Scott Wingate, Zahra Seremi, Dennis Hands

Introductions

Minutes from January meeting read – motion to approve by Ted, seconded by Ken, minutes approved

Treasurer Report- Ken discussed financial statement format- can we change? Board agreed to let Ken change the format and we will review next month

Board also discussed the revenue section of the statement- where do revenues generate from- membership & points. Our Chapter apparently has chosen not to participate in the points accumulation- we will need to verify that choice & review that for next year

The leadership seminar was discussed that teaches board members about the chapter, points, etc

The dates listed were 4/28 in Las Vegas, 5/19 in Phoenix, and 5/12 in Arcadia, we will need to look into attending.

Bills- $509 yearly assessment from Wild West Council = $1 per year per member for their support

Motion to pay by Teresa, second by Marcia, approved to pay

PO Box bill - $64 annual fee- moved by Marcia to pay for year, seconded by Ted – approved to pay

Terry was given keys to PO Box

Postage for last 2 newsletters approx $400 also approved to reimburse Clark

Credit Card issue- moved by Marcia, Teresa second that Ken can get a credit card in his name to pay certain bills- discussion on requirements, bylaws, is board resolution needed. Motion passed since the card will be in Ken’s name, not the IMA. Dennis will contact Jim Bulman to attend next board meeting and answer some questions for us.

Treasury report motion to approve by Marcia, seconded by Terry, report approved

Committee Reports
Technical Meeting Committee

2/15/01 Dr Seth- need to post notice @ schools accounting society

Clark did notice in OC Register Business Monday and will contact OC Business Journal

We need to develop a meeting kit with name tags, banner, receipt book, etc. The Director of meetings will develop one and the student liaison will assist with school postings

March 15 Meeting – Better Decision Seminar- man from Hewlett Packard will do- This seminar is good for CPE credits, Terry will try to extract list of CMS’s/CFM form roster to contact

April 19 Meeting – Theory of Constraints – Neil Smith Controller at Bal-Seal can get speaker, Teresa suggested we have joint meeting with APICS or at least advertise in newsletter- Dennis will contact them

Attendance issues- Terry will try to extract call list to get email addresses so we can email announcements and also newsletters

Communications Committee – Tabled

Membership Committee- Tabled

New Business
Board Member Roles- Clark would like to begin to organize the Board members and define the roles needed. Board member descriptions were passed out and attendees were polled as to the roles they would like to assume. The following preliminary assignments were made based on this discussion.

Marcia- Director of Employment

Scott – Public Relations- Academic Relations

Dennis- Director of CMA/CFM

Clark- President Elect

Zahra- Director of Meetings

Teresa- Member Attendance/Roster

Kevin Dilllard- Corporate & Academic Development

Ken- Treasurer

Terry- Secretary

Clark will work on taking these preliminary assignments and developing and organizing the Board.

Chapter points- Terry will check on requirements etc for Chapter points

Newsletter- Clark will do newsletter- we need to mail this weekend- Terry will do labels

Board meeting days- discussion on day of week. Previously decided on Tuesday- with changes on board we would like to get organized then set day

Thursday March 1 will be next board meeting- site to be determined

Adjourn- 8:24pm