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AudiTales – IIA San Jose Chapter January 2010 Editor: Erica Lash www.theiia.org/chapters/sanjose Issue: January 2010 LUNCHEON PROGRAM THWEDNESDAY, JANUARY 13 “New Revenue Recognition Rules” LUNCHEON MENU Speaker: Selin Gurses, TH WEDNESDAY, JANUARY 13 Assurance Senior Manager, PricewaterhouseCoopers AGENDA: Registration 11:30am Green Salad Lunch and Speaker 12:00pm Door Prizes/Adjourn 1:50pm Fresh Fruit Salad LOCATION: Biltmore Hotel, 408-988-8411 Rice Pilaf 2151 Laurelwood Rd, Santa Clara, CA (Montague Expressway @101) Steamed Vegetables IIA Members $30 Salmon with Non-members $35 Sundried Tomato Basil Sauce Students, Retirees & Unemployed $25 Pasta Primavera REGISTRATION METHOD ONLINE: http://www.acteva.com/booking.cfm?bevaID=169093 Dessert and Beverages thPlease RSVP by Monday, January 11 , 2010 Page 1 of 6 AudiTales – IIA San Jose Chapter January 2010 PRESIDENT’S MESSAGE Greetings San Jose Members and Friends, thPlease join us for our next monthly lunch meeting on Wednesday, January 13 2010. Please note that this is a change of date due to the holidays. Our topic will be the new revenue recognition rules for multi-element arrangements. Many companies are rushing to early adopt these new ...
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Dessert and Beverages
January 2010
Issue: January 2010
AudiTales – IIA San Jose Chapter
Editor: Erica Lash
www.theiia.org/chapters/sanjose
LUNCHEONMENUTH WEDNESDAY,JANUARY13
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Green Salad Fresh Fruit Salad Rice Pilaf Steamed Vegetables Salmon with Sundried Tomato Basil Sauce Pasta Primavera
LUNCHEONPROGRAMTH WEDNESDAY,JANUARY13“New Revenue Recognition Rules” Speaker: Selin Gurses, Assurance Senior Manager, PricewaterhouseCoopers AGENDA:Registration 11:30am Lunch and Speaker12:00pm Door Prizes/Adjourn1:50pmLOCATION: BiltmoreHotel, 408-988-8411 2151Laurelwood Rd, Santa Clara, CA (MontagueExpressway @101) IIA Members$30 Non-members $35 Students, Retirees & Unemployed$25 REGISTRATION METHOD ONLINE: http://www.acteva.com/booking.cfm?bevaID=169093 th Please RSVP by Monday, January 11, 2010
AudiTales – IIA San Jose Chapter
January 2010
PRESIDENT’SMESSAGEGreetings San Jose Members and Friends, th Please join us for our next monthly lunch meeting on Wednesday, January 132010. Pleasenote that this is a change of date due to the holidays.Our topic will be the new revenue recognition rules for multi-element arrangements.Many companies are rushing to early adopt these new rules as they often result in revenue recognition that more closely reflects the economic substance of a transaction. With any change comes risk, particularly in area as sensitive as revenue recognition.Please join experts from PricewaterhouseCoopers, together with industry representatives from companies looking at early adoption, for a discussion of the new rules, together with the risks and opportunities they bring. Please register online athttp://www.acteva.com/booking.cfm?bevaID=169093by Monday, January 11th, 2010.Walk-in registration may be limited by space available so pre-registration is strongly advised. The location for the 2010 IIA International Conference is Atlanta, GA on June 7 - 9, 2010.If you are interested in attending, there are early bird member-only registration rates available through January 31, 2010 athttp://www.iia2010atl.org/registration.html. Did you miss our recent CIA Review Course and still need to study for the computer-based Certified Internal Auditor exam?The IIA offers a self-study program viathis Web siteat a $100 discount to chapter members (discounted member pricing of $745 for all parts). Please visit our web sitewww.theiia-sj.orgfor the latest in chapter resources, including speaker’s presentations and materials, when available. As always, I welcome any constructive comments regarding the chapter to build on our past successes and maintain a vibrant chapter that provides value to our members. Joe Cooney President IIA San Jose Chapter jcooney@juniper.net
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AudiTales – IIA San Jose ChapterJanuary 2010 TH JANUARY13 ,2010LUNCHEON“NEWREVENUERECOGNITIONRULES” Topic Description: While many companies are still trying to interpret the new revenue recognition rules or figuring out ways to adopt them, we will provide an overview of EITF 08-1, EITF 09-3, and SOP 97-2.We will also discuss which companies are most likely impacted by the new revenue recognition change, what we see in the Bay Area, and how the new rules impact Sarbanes-Oxley 404 compliance. Speaker: Selin Gursesis an Assurance Senior Manager at PricewaterhouseCoopers (PwC).She has over 12 years of experience serving both private and public companies including large multinational clients in Technology, Pharmaceuticals, and Life Sciences industries. Her experience includes managing financial audits and Sarbanes-Oxley 404 compliance of multibillion dollar companies.Her technical experience includes revenue recognition under SAB 104 and SOP 97-2, mergers and acquisitions, sales financing activities and financial reporting. She is responsible for educating and keeping the PwC San Jose Assurance practice current on revenue recognition and the application of related accounting pronouncements along with coordinating and performing efficiency reviews. SAVE-THE-DATEEVENTSIIASacramentoChapterSeminarEvent–“ChampionsofChangeWorkshop”th SavetheDate:Thursday,February112010,8am‐5pmLocation:DoubletreeHotel,2001PointWestWayPresenter:JeffreyBerk,CPA,processconsultantandauthorofthebook“ChampionsofChange:TheManager’sGuidetoCreatingSustainableImprovementsinBusinessProcess”Cost:$175(Members)/$225(Non‐Members)CPE:8ToRegister:PleaserefertotheIIASacramentoChapterwebsiteformoredetails.Reservationsandpre‐ paymentarerequiredandmustbereceivedpriortothedateoftheseminar.IMAPeninsulaPaloAltoChapterEvent–“AnnualTaxUpdate”and“TaxReportingChallengesandIssuesofCurrentEconomy”th SavetheDate:Wednesday,January202010Location:DomainHotel,1085EastElCaminoReal,Sunnyvale,CA94087th Cost:$30(thruJan19 ),$35atthedoorCPE:3.0hrsEmail:meeting@ima‐paloalto.orgToRegister:http://www.ima‐paloalto.org/mmregistration.html
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AudiTales – IIA San Jose ChapterJanuary 2010 FACEBOOK/TWITTERVOLUNTEERSNEEDEDThe Hawaii, Reno, San Francisco, San Jose, Sacramento and East Bay IIA Chapters (known as District 3) are looking for volunteers to co-administer a District 3 page on behalf of their chapter. This is a great opportunity to reach out and encourage ‘Generation Y’ to become more involved with chapters, and for members to be aware of the events/activities of different chapters. If you are interested, please contact Robert Valenciano atrvalenciano@accell-us.comfor more information. DOORPRIZEDRAWINGThe winners from the December 2009 meeting: Coffee MugJasmine SuWineRobert Yewell Collector CoinGondara Chris Please join us at the January 2010 luncheon meeting - make sure to drop your business card in the door prize drawing bowl on the registration table for your chance to win! CHANGEOFADDRESS If your name, address, title, company and/or job phone information needs to be updated, please let us know by calling Customer Service at International Headquarters (407) 830-7600.IIA San Jose Chapter’s Mailing Address: Attention: Karen McCoy, Treasurer PO Box 4962 Santa Clara, CA95056 MEMBERSHIPMATTERSThe San Jose Chapter's Member Directory (2009) has been posted in the "Members Only/Member Library" section of our chapter's web site.Please maintain accurate information by logging on to the IIA's home web site and Updating your Profile. Welcome to our new and returning members: DavidDuranConvergentIntegrationSolutionsAnaMelita(Minel)DiazElectricPowerResearchInstituteRockeleLutzChukchansiGoldResortandCasinoArunachalamRamanathanVisionaryIntegrationProfessionalsLLC
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AudiTales – IIA San Jose ChapterJanuary 2010 Notice: IIABridge Membership Program for Unemployed Members in the U.S. IIA members in the U.S. who are unemployed due to the current economic environment and are actively seeking employment may apply to The IIA Bridge Membership Program. Program components are: One-time, one-year complimentary individual membership, and Online access only to Internal Auditor Magazine. To qualify for Bridge Membership, you must be an active member of The IIA for the past two or more years and actively seeking employment. To take advantage of this opportunity, you will need to download the application form and submit a written request certifying you are unemployed and meet the qualifications of the program.All documents and any questions about this program should be sent to: membershipdevelopment@theiia.org-include your current IIA member number. CHAPTERLEADERSHIPOFFICERS President JoeCooney jcooney@juniper.net 1st VP / ProgramsMeghan McShannicmmcshannic@deloitte.com 2nd VP / SeminarsSandra Koningsskoning@deloitte.com Secretary WendyRoberts Wendy.Roberts@hstx.com Treasurer KarenMcCoy kjmccoy@sbcglobal.net Past PresidentEd Pittsedwardcpitts@comcast.net Past PresidentPrincy Jainprincy.jain@us.pwc.com GOVERNORS1 HerzelAshkenazi herzel.ashkenazi@xilinx.com 2 SusanInsley sinsley@vmware.com 3 WayneMasters wayne@wrmcpa.net 4 PhilRoush pmroush@cisco.com 5 GusShea gus.shea@intel.com 6 AlisanneGilmore-Allen agilmoreallen@yahoo.com 7 TomAustin tom_austin@amat.com 8 LynnFalbo lfalbo@wrcas.com 9 FarahFaruqi ffaruqui@deloitte.com 10 RobinOpheim Robin.Opheim@sanjoseca.gov 11 TBD 12 PeggyWiley pbwiley@stanford.edu Page 5 of 6
AudiTales – IIA San Jose ChapterJanuary 2010 COMMITTEE CHAIRS Meeting RegistrarBrian MarkBrian.Mark@iad.sccgov.org SeminarsTBDEditor, HistorianRobin OpheimRobin.Opheim@sanjoseca.gov Program EvaluationsRobert Valencianorvalenciano@accell-us.com Awards and PrizesRobert Valencianorvalenciano@accell-us.com Hospitality RobinOpheim Robin.Opheim@sanjoseca.gov Academic RelationsLynn Falbolfalbo@wrcas.com AuditTBDAuditTales EditorErica Lasherica.lash@demandtec.com Membership ToniaBloom tjbloom@pacbell.net Speakers BureauTBDCPDs ElvinLee ejlee@epri.com Webmaster AndyWang utaw04@gmail.com Meeting AttendanceBrian MarkBrian.Mark@iad.sccgov.org CIA ClaireGao clgao@deloitte.com Member SurveyRobert Valencianorvalenciano@accell-us.com JOBPOSTINGSALL JOB POSTINGS, ANNOUNCEMENTS AND FLYERS ARE FREE OF CHARGE FOR INTERNAL AUDIT AND COMPLIANCE RELATED JOB POSTINGS PLEASE CONTACT erica.lash@demandtec.com SHOULD YOU BE INTERESTED. THANK YOU!
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