FEI Fort Worth Chapter CPE Event

Tuesday, June 13, 2017 | 4:00 PM Registration
4:30-6:30 PM Program | 2 CPE credits |
6:30-8:00 PM Happy Hour with heavy hors d’oeuvres

The Fort Worth Club
306 West 7th Street|  Fort Worth, TX 76102
www.fortworthclub.com | Business attire | Parking to be validated
Registration deadline — NOON Thursday, June 8, 2017
 

Session 1: Presented by Riveron Consulting

Working Capital Optimization: Leading Practices to Better Manage and Simplify the Cash Cycle

Ryan Senter - Managing Director, Dallas, Riveron Consulting

The presentation will ultimately provide a guide for companies to collect cash faster through effective process definition, receivables management and an optimized organization design. Company’s accounts receivable and collections organization continued to grow, adding resources annually to a sub-optimized process which was in disproportion to the overall growth of the organization.  This resulted in an inefficient and inflated process which continued to throw resources at an ongoing receivables problem, resulting in a high cost, low value operation.

Learning Objectives:

·         Assess the levers required to defragment a broader end to end “order to cash” process cycle

·         Assess the silos that were broken down in order to bring transparency and better throughput into the receivables management organization.

·         We will address the change management elements required to implement core process and organization changes in order to anchor the new strategies implemented to ensure long term adoption and scalability.

Instructional method:  Group-live
Experience level:  Basic
Recommended CPE credits:  1.00
Prerequisites/Advance preparation:  None
Field of study:  Specialized Knowledge and Applications

Session 2: Presented by Lane Gorman Trubitt, LLC

Lease Accounting Overview

David Ovesen, CPA – Partner, Lane Gorman Trubitt, LLC and Neely D. Duncan CPA, CFE, FCPA – Partner, Lane Gorman Trubitt, LLC

For most companies and not-for-profit organizations, leasing assets is a practical and necessary part of operations. Whether the need is for a building to serve as the corporate office, vehicles used to support the business, or something as simple as copiers and postage machines, leasing is a necessity. However, new authoritative guidance is on the horizon as part of the FASB’s efforts to align financial reporting with international standards, and leases signed today are most likely going to be affected by this new guidance. Join us for an overview discussion of the impacts and implications of the new leasing standard.

Learning Objectives:

·         Understanding the reason for the change and how it benefits companies

·         Assessing how the new changes will impact your financial statements

·         Discussing practical examples of entries made to your financials

·         Reviewing the steps to take now to help ensure a smooth transition
Instructional method:  Group-live
Experience level:  Basic
Recommended CPE credits:  1.00
Prerequisites/Advance preparation:  None
Field of study:  Specialized Knowledge and Applications