**[SEMINAR]{.underline}**

**Creating a Business Plan & Valuing a Business **(Morning), and** Hot
Topics in Accounting **(Afternoon)

IMA: Helping Finance/Accounting Professionals provide Value and be
Critical Members of their Mgmt Teams

SPONSORED BY

**Eastern Washington's Chapter of the Institute of Management
Accountants (IMA)**

**8 hours of Continuing Professional Education Credits**

Tuesday, **[December 11]{.underline}**, 2007

**Clarion Hotel and Conf Ctr**, 1515 George Washington Way,
**Richland**, WA (phone 509-946-4121)

\$60 hotel room/night

**[SPEAKER]{.underline}**: **Michael McLean**, **CFE, CGFM, CITP, CMA,
CPA** is an entrepreneur, educator, and business valuator. He is
currently an adjunct instructor at the Oregon Health and Science
University's Oregon Graduate Institute, where he teaches finance and
accounting. Mr. McLean's business experience spans 30 years of running
troubled businesses, with 15 successful turnarounds, and 35 years of
Controllership and CFO experience, both contractor to the federal
government & commercial companies. Mr. McLean has been an instructor in
IMA's REAP program since its inception, and he ran a successful CMA/CFM
review course that was offered in 26 cities twice a year in the 1980's
and 1990's.

  ----------- -----------------------------------------------------------
  7 am        **Registration, Full Breakfast, network/socialize**

  8 am        **Creating a Useful Business Plan** - Bring your own lap
              top or sit by someone who has one, as this is a
              \"hands-on\" lab where we are providing a
              "clean"/Excel-based/freeware program and learn how to use
              it for budgeting if nothing else.  Learn how finance types,
              including Venture Capitals, evaluate business plans, and
              how to avoid financing traps.

  10:20 am    **Business Valuation** - What do the experts really use to
              \"value\" a biz, and what price to ask or pay when
              buying/selling an interest in or a whole biz unit. There
              are 16 "common" business valuation measures however only
              one or two are most often employed, learn why.  These
              valuation methods provide the "value" driving mergers &
              acquisitions.  Logic of LLPs in new DOE contract awards.

  12/noon     **Buffet lunch (pool side w/3 entrees)**

  1 pm        **Refresher on Financial Statement Analysis, and Mgmt
              Reporting** - How to quickly analyze financial statements. 
              How Cash Flow analysis would have/should have highlighted
              Enron problems well in advance.  Management reports that
              are quick and easy for finance/accounting professionals to
              prepare and management to review. 

  2:30 pm     **Outside Accounting Firm\'s New \"Kiss of Death\"** -
              Going-Concern opinion is now required for reviewed and
              compiled statements.  How to check analytical review
              numbers to make sure you\'re not going to get the dreaded
              opinion. If you\'re a practitioner you\'ll also like this
              section.

  3:30 pm     **New Statements on Auditing Stds** -- Overview of all SASs
              in effect, with emphasis on newer guidance like SAS 99 and
              FISMA 2002 the "brainstorming" sessions now required, and
              how the Federal Information Security Act 2002 enters into
              the equation. Audit documentation requirements of SAS 103,
              what a control deficiency is from SAS 112, and more.

  4:30 pm     **Forum Discussion/Closure**
  ----------- -----------------------------------------------------------

**Breaks**: 25 minutes in morning + 25 minutes in afternoon.

Questions & additional information, contact **Peter Smith** (509)
**376-4673** or [**peter.smith@pnl.gov**](mailto:peter.smith@pnl.gov)

**[REGISTRATION FORM]{.underline}** (Register by 12-4-07):

IMA/IIA Member: \$200

Non-Member: \$250 (w/\$50 discount on IMA membership if join within 30
days)

Student IMA Member: \$75

Student Non-IMA member: \$125

[Half day (w/ lunch): \$150 member, \$200 non-member, \$50 student
member, \$100 student non-member]{.underline}

Payable to: **Institute of Management Accountants**

Mail to: IMA Seminar, P.O. Box 457, Richland, WA 99352

Name w/certifications:
\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
Telephone: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

Company:
\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
E-mail:\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

Address:
\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

If paying w/**VISA** or **Master Card**, call **Greg Selby**
509-**376-6041**, e-mail:
[**Greg.Selby@Fluor.com**](mailto:Greg.Selby@Fluor.com)

VISA or Master Card Provider, Number and Expiration Month/Year:
\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_