Institute of Management Accounts

Pacific Northwest Council

Minutes of the Board of Directors Meeting

May 15, 2004

Tukwila, WA

Doug Speer, President, called the meeting to order at 1:40pm at the
Courtyard by Marriott -- SeaTac area (1638 West Valley Highway, Tukwila,
WA 425-255-0300).

[Minutes]{.underline} from the February 19, 2004 meeting were approved
-- MSP (Moved, Seconded, & Passed)

The [Treasurer's report]{.underline} was approved as presented by
Treasurer Greg Selby -- MSP

\- Ending balance is \$14,328.04, a net gain of \$2,031.49.

> \- Bills to be paid: Greg Selby, REST Badges - \$49.75 and Wayne Hays,
> receipts and disbursements from today's seminar and meeting -- about a
> \$100 loss - MSP.
>
> \- We will add a checking account to our existing money market account
> to avoid bank fees (\$566.75 this year). A new signature card will be
> prepared -- President, Treasurer and President Elect -- MSP
>
> \- Chapter dues statements will be sent at \$0.30 per chapter member.

[Old Business]{.underline}:

There will be not be a PNW Council Hospitality Suite in Chicago. Rather,
we will use the one central Suite called the "Watering Hole". This was
approved at the February Board meeting.

Doug & Peter Smith presented Geoff Boice's report on the REST (whom
Geoff had requested to do so in his absence).

\- Special thanks to Greg Selby, Wayne Hays, Paula Thomas and Robert
Allen.

\- Geoff will organize REST 2005 (as Chairman for a 2^nd^ year).

> \- It will be on February 24 to 26, Thursday through Saturday at the
> Peppermill, unless a better rate can be obtained at the Atlantis, or
> elsewhere.
>
> \- Geoff needs topics, volunteers, hospitality suite, speaker rates.
>
> \- Subsequent proposal to change the dates to **February** **10** **to
> 12**, 2005.

As previously agreed upon, profits from this REST will be applied to
last year's loss and REST 2005.

There was a discussion of other REST items at Geoff's request: location,
number of tracks, speaker cost, and communication between volunteers
with updates of required tasks. Ruth Morgan-Brown will discuss with
Geoff at Portland chapter meeting the following week, with Geoff
assigned the action to make a proposal to the board.

[New Business]{.underline}:

A certificate from National; for a free Annual Conference registration
was presented to Mac McCabe as a thank you for his continued service to
the Pacific Northwest Council as National Vice President.

Paula Thomas (with nomination committee support from Peter & Doug)
presented the 2004 -- 2005 Council Board:

President Peter Smith

President -- Elect Barry Nathan

Secretary Tom Lundstrom

Treasurer Greg Selby

VP Administration Barry Nathan

VP Education Geoff Boice

VP Communication Tom Lundstrom

VP Membership Robert Allen

Regional Directors Linda Saylor: Portland, Eugene-Springfield, Salem

Wayne Hays: Alaska, Tri-Cities, Spokane

Oscar Lewis: Mt Rainier, Bellevue

Ruth Morgan-Brown: Boise, Seattle

Mac McCabe: SE Idaho, Western Montana

National Vice President Mac McCabe

Member Services Committee Paula Thomas (Peter Smith, alternate)

SCMS Mac McCabe

Student Representative Pending

National Advisor Kinsey Jenkins

The new Board was approved as discussed and nominated -- MSP

The following Council schedule was determined:

**August 14**, 2004: 10am to 12pm, speaker phone meeting, sites
Tri-Cities and Seattle and others TBD (to be determined)

**November 6**, 2004: Portland, with a morning seminar

**February 10**, 2005: 5pm at the REST

**April 30**, 2005: Seattle, with a morning seminar

[Good of the Council Discussions:]{.underline}

Bellevue: Technical Night May 18^th^, see the chapter website, small,
but cohesive group

Eugene: Shared services by Levi Straus, attendance small

Mt Rainier: good seminar and dinner last week

Spokane: Officers for next year in place, Student chapter in Lewiston
being renovated

Tri-Cities: May 18^th^ meeting has 38 scheduled to attend, three
scholarship winners, Officers in place

Seattle: last meeting this next week, subject is health care costs,
attendance is so-so, have some new Board members, Jeff Abrams is
President-Elect, Wayne reported that the chapter newsletter is on CD, he
will print a few copies

Portland: going strong, large, active Board, going to electronic
newsletter

[Vice President's Reports:]{.underline}

Mac read an IMA update from Kim Wallin discussing IMA staffing issues.

Tom, VP Communication discussed the handbook, he will need messages from
Doug and Peter and chapter officer information, it was decided that the
information is due July 15^th^.

Barry, VP Membership, presented the membership numbers, by chapter, as
of May 11^th^.

Wayne discussed chapter standings, Tri-Cities leads membership and is in
third place, Seattle and Spokane are second, points are driven by
education and exam participation.

David Stark, incoming Spokane chapter president, provided information
about the WSCPA sponsored Inland Northwest Accounting Summit and an
upcoming summit in October, Tom will have details in the August
newsletter.

The 2006 Annual Conference will be in Las Vegas, subject to Board
approval.

Peter led a planning session for next year:

> Role of the Council:
>
> Support chapters and presidents:
>
> -Succession planning (ie, recruit future leadership);
>
> -Help to Salem & SouthEast Idaho chapters, and others in recruiting
> leaders;
>
> -Corporate support; introduction letter with benefits from national,
> regional, and local levels:
>
> -A three to four page template in the handbook
>
> -a thank you letter for current members and we should send a card with
> next year's schedule.
>
> Offer inexpensive education:
>
> -REST, 2 half-day morning seminars at PNW Council board meetings, plus
> help chapters.
>
> Have fun

[National Committee Report]{.underline}:

Paula Thomas, Member Services Committee, discussed the banner being
replaced with a perpetual banner with patches. Patches for prior banners
will be available, more details after the Annual Conference. The focus
for the Member Services Committee will be the future vision of what a
chapter will be.

[Attendance]{.underline}:

Ruth Morgan-Brown, Mt. Rainier Barry Nathan, Salem Mac McCabe, Spokane
Greg Selby, Tri-Cities Daryl Francis, Tri-Cities David Stark, Spokane
Paula Thomas, Seattle Oscar Lewis, Seattle Doug Speer, Bellevue Robert
Allen, Mt Rainier Jim McLaughlin, Spokane Linda Saylor, Salem Peter
Smith, Tri-Cities Wayne Hays, Seattle Tom Lundstrom, Spokane

[Next meeting August 14, 2004]{.underline}:

Speaker phone with sites in Seattle (coordinated by Oscar Lewis at his
company's conference room), Tri-Cities (coordinated by Peter Smith at
his company's conference room), and hopefully other states TBD.

Meeting adjourned at 4:45pm.

Tom Lundstrom