FMI Ontario Chapter October 2007 Newsletter
Stay tuned for FMI-Ontario’s 2007/08 Professional Development Days: October 2007 - Corporate Governance and Accountability February 2008 - Shared Services May/June 2008 – Modernization of Financial Management
Report on Professional Development Day Supply Chain Management June 13, 2007 by Patricia Jankun The Ontario Chapter of the Financial Management Institute of Canada held a successful Professional Development day on Supply Chain Management on June 13, 2007, at the University of Toronto, with 105 participants, including webcast participants in Peterborough, Sault Ste. Marie, Thunder Bay, London and Guelph.
The following are the highlights: Dan Wright, Assistant Deputy Minister, BPS Supply Chain Secretariat, Treasury Board Office Discussed and provided excellent examples on the following: Why Supply Chain matters The Obstacles Transformation in Action OntarioBuys Integrated Supply Chain Management Framework with examples Performance Metrics Ontario Education Collaborative Marketplace John Read former Senior Directors of Military Procurement; and Acquisition Policy and Process PSMW Canadian Government Presented a frank and fascinating lecture on: Federal Procurement – what it is Drivers for Change – key developments and decisions What lies ahead Nicholas Seiersen, Senior Manager, KPMG Provided a captivating talk on the “Seven Plaques of Public Sector Procurement”, including: The traditional Supply Chain Challenges with Supply Chain processes (including several case studies) Succeeding with Supply Chain processes Franca Gemignani, EMBA Presented an interesting overview of the: Ontario Education Collaborative MarketPlace (OECM) o OECM is an electronic marketplace that connects buyers and suppliers together to facilitate more effective, efficient procurement. It is buyer-led. OECM’s longer term operating and governance models are currently under consider. OECM’s initiative is being supported by the Ministry of Finance (MoF). OECM Progress Update and Next Steps
For the presentations and results of the workshops go to: http://intra.mc.fin.gov.on.ca/scripts/index_.asp?
October 2007 Page 1 of 5 FMI Ontario Chapter October 2007 Newsletter
Evaluation of the 2006/07 PD Days These events will be webcast to participants in Ontario Government offices in the following locations: The overall satisfaction of attendees stayed the same London at very good (almost excellent). There was significant Guelph increase in satisfaction with pre-event activities i.e. Peterborough notification, registration and breakfast of 17% and Sault Ste. Marie participants rated the speakers as excellent. Overall Sudbury satisfaction with individual activities climbed by 8%. Webcast participants will fully engage in questioning presenters, having their own local workshop and What was really exciting for us was that by moving presenting their findings to the main conference. webcast participants into hotels with high speed Lunch and refreshments will be served and are internet, overall satisfaction increased by 27%! included in the price of your registration. Overall we went from fair in many areas to very good. FMI Ontario Chapter will also be presenting two more Professional Development Days: Participants also clearly indicated in almost all cases that they had gained some insights they could use at Shared Services Feb 20, 2008 the office. Only three participants indicated that they Modernization of Financial Management June 18, had not learned something new. 2008
In response to the slightly lower evaluations on the FMI - National workshops, we are changing the focus of these group Public Sector Management Workshop 2008 discussions. Instead of examining “where are you Quebec City, June 8-10, 2008 today, and where should you be in the future”, participants will be asked to analyze the day’s topic in The theme selected for this year: "Celebrate Quebec, terms of contributing and detracting factors. 400 years of history" was inspired by the 400th anniversary of foundation of Quebec City by Samuel As the registration process continues to remain de Champlain in 1608. Throughout the 2008 year, onerous, FMI Ontario Chapter decided to use the Quebec City will host a multitude of professional, services of an on-line registration company. FMI is cultural, religious and sports events. Take this looking forward to hearing feedback on how this new opportunity to learn about: system works. o Innovation in service delivery o The new auditing rules Finally, FMI Ontario would be pleased to accept o Environmental and social responsibility suggestions for topics for the 2008/09 professional of public organizations; and development days. o Governance and its management rules. Come to Quebec City in June 008 for a warm welcome from the city's population, enjoy the French UPCOMING FMI - ONTARIO EVENTS culture, as well as the European atmosphere that can be found inside the fortified area of old Quebec Corporate Governance and Accountability To register or for further information go to: October 31, 2007 http://www.fmi.ca/psmw2007/index_e.html FMI members are eligible for 10% discount We will continue to use our well received format for this exciting event. FMI – Ottawa Capital Chapter • Speakers from the public sector — Federal, Professional Development Week Provincial and Municipal government, the Broader “On the Horizon” Public Sector and financial management Nov 27-30, 2007 professionals. Question and answer periods will follow Ottawa Congress Centre each presentation. • A workshop in the morning where participants will The Capital Chapter delivers an excellent week of discuss and record the progress their organizations learning opportunities with concurrent sessions for the have made on the topic of the day and in the financial professional. This year’s sessions focus on afternoon where they would like to be and how to get capacity building, PSAB accounting standards, there. enterprise management, workshops for the CA and CMA, and many other fascinating topics. Please note The conference will be held in Toronto at: that this conference is eligible for professional Sam Sorbara Auditorium 2nd Floor, Brennan Hall development training credits for the CA, CMA and St. Michael’s College CGA. University of Toronto For more information and to register, please visit 81 St. Mary Street, Toronto http://www.fmi.ca/pdweek2007/index.html
October 2007 Page 2 of 5 FMI Ontario Chapter October 2007 Newsletter
FMI members are eligible for 10% discount OTHER UPCOMING PROFESSIONAL CGA - The Controller’s Program DEVELOPMENT DAYS November 15, 16 & 17, 2007 The Old Mill Inn, Toronto November 29, 30 & Dec 1, 2007 The Institute of Internal Auditors Brookstreet Hotel, Ottawa Toronto Chapter The controller’s program is an intensive, three-day course, which focuses on all topics of controllership Continuous Auditing & Continuous Monitoring: and serves as both an overview of the role of the An Integrated Approach to Business Assurance controller—especially in a small- to medium-sized October 29, 2007 enterprise. Time is assigned to topics based on their Toronto relative importance to the controllers’ activity, and a This session will discuss how data analytics, when wide range of tips, ideas and discussion is generated used strategically in a combined continuous auditing that can help controllers develop and share best and continuous monitoring framework, supports these practice and activities. objectives by automating internal controls testing and Note: the number of participants is limited to 35. monitoring across the enterprise. For more information http://www.cga-ontario.org/
To register, visit CMA Ontario http://www.theiia.org/chapters/index.cfm/view.event_d Seminars/Courses/Conferences & Symposiums etail/cid/8/event_id/11245 Offered across the Province for CPLD Credits Visit: The IIA Head Office will be offering the following http://ww3.cma-ontario.org/cpldSeminars.pdf courses in Toronto: Association of Certified Fraud Examiners Auditing Oracle Applications – November 12, o Toronto Chapter 2007 CFE Preparation Course o SAP P/3 Technical Audit – December 3, 2007 November 16-18, in Toronto. o Introduction to Auditing SAP R/3 – Dec 10, 2007 The Centre for Financial Services at Seneca College is the exclusive provider of the CFE Exam Review Please visit http://www.theiia.org/index.cfm for more Course in the Province of Ontario. The course is information and to register. delivered over a single weekend by experienced CFEs in an intensive twenty hour, classroom based Treasury Management Association of Canada session. All previous course participants who have TMAC was established in 1982, and is a national written the ACFE examination have passed on their association of treasury and financial professionals first attempt, and their feedback is that the course was with 14 chapters across Canada. a significant contributor to their success and helped facilitate their studies. TMAC offers the following seminars in Toronto: For more info, please see: o Cash Management – November 22, 2007 http://www.acfetoronto.com/ o Foreign Exchange – Nov 27 and 28, 2007 o Treasury Technology – Nov 29, 2007 IPAC: Beyond Bureaucracy – A Festival of Public Cash Flow Forecasting – Nov 29, 2007 in o Service Windsor November 15 & 16, 2007 Toronto o Money Market – Jan 8 and 9, 2008 Keynote speaker Stephen Lewis, renowned leader in human rights, an expert in economic development Visit http://www.tmac.ca/index.html for more details. and social issues, former UN special envoy for HIV/AIDS in Africa and now a professor in global CGA Ontario health at McMaster University will speak on “The A Half Century of Leadership: Public Good.” Conference 2007 The conference also features Pier Giorgio Di Cico, November, 8, 9 and 10, 2007 Toronto’s poet laureate, who will speak on “A Creative Westin Harbour Castle Hotel and Conference Public Service.” Communications specialist and Centre, Toronto hypnotist Christina Kaya, organizational development This conference celebrating 50 years of CGA Ontario consultant Maureen McKenna and other visionary will start with grand opening ceremonies with keynote leaders will explore the creative capacity in the public address of Justin Trudeau, and more than 20 sector. seminars and events that will bring together experts of An evening gala will celebrate the art of public international standing for the benefit of personal and service. See http://www.beyondbureaucracy.ca/ professional success. Conference 2007 Website
October 2007 Page 3 of 5 FMI Ontario Chapter October 2007 Newsletter
Sunday Monday Tuesday Wednesday Thursday Friday Saturday
November 1 Advanced GST 2 3 Advanced Topics International Tax Toronto Course November 3-7 Niagara-on-the- CGA Lake, ON Controller's Position Toronto
4 5 6 7 8 9 10 Corporate Reorganizations Course November 10-14 Le Westin Resort and Spa, Tremblant, QC
11 12 13 14 15 November 16 CFE Prep 17 Advanced Tax 15-16, Toronto Courses Issues for the The National November 16- Owner-managed Conference for 18 Toronto Business Audit November 17-21 Committees Hilton Whistler Resort, BC IPAC Beyond Bureaucracy
18 19 20 21 22 Compilation 23 24 Income Tax Engagement Practice Course Toronto November 24-30 Collingwood, ON
25 26 27 FMI National 28 29 Corporate 30 1 December PD Week Nov Taxation 27-30 Ottawa November 29- 30 Toronto
Sunday Monday Tuesday Wednesday Thursday Friday Saturday
2 3 4 5 6 Audit 7 8 Leadership Forum-West December 6-7 In Scottsdale, AZ
9 10 AICPA 11 12 CFO 13 14 15 National Certification Conference on Tentative Current SEC and PCAOB Developments December 10- 12 Toronto, ON
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 January 2 3 4 5
Sunday Monday Tuesday Wednesday Thursday Friday Saturday
2 3 4 5 6 7 8
October 2007 Page 4 of 5 FMI Ontario Chapter October 2007 Newsletter
9 10 CGA The 11 12 13 14 CGA Fraud 15 Move to IFRS Deterrence Toronto Burlington
16 17 18 19 20 21 22 CGA SOX Simplified Vaughan
23 24 25 26 27 28 CGA 29 Intangible Assets Toronto
READ THE LATEST MINUTES ON OUR WEB- SITE: http://www.fmi.ca/ontario/index_e.html YOUR ONTARIO OFFICERS AND Welcome to Marie Molinar, new Director of BOARD OF DIRECTORS Liaison, Federal Government.
President: Richard Slee [email protected] 416.212.3006
Vice-President: Gordon Nowlan [email protected] 905.433.4926
Secretary: Phil Watkins [email protected] 416.325.8054
Treasurer: Olga Lenskaia Ms. Moliner is Regional Executive Director for [email protected] the Ontario Region of the Department of 416.327.9098 Canadian Heritage which she joined in l999. Director, Liaison, Federal Government: Prior, Marie spent over 10 years with the Marie Moliner Ontario Government at the Ministry of the Director, Liaison, Provincial Government: Shafi Attorney General where she was acting Director Yakub [email protected] of Policy, and 2 years with Justice Canada 416.314.3323 where she was responsible for directing a Director, Liaison, Municipalities: Robert Rupnik review of public legal education and [email protected] implementing a national strategy on diversity, 416.325.5139 equality, and access to justice.
Director, Liaison, Broader Public Sector: vacant * During her work with the Province of Ontario, Director, Liaison, Professional Organizations: Ms. Moliner worked on a range of justice and Mary Harsant [email protected] governance issues such as law reforms to 416.344.5015 enhance public accountability of lawyers and Director, Marketing, Communications and Email police officers, work with racialized communities Newsletter: Margaret Chapman to address systemic bias in the justice system, [email protected] and work on aboriginal justice projects in Director, Partnerships: Werner Rodriguez remote communities. She has been a bencher [email protected] of the Law Society of Upper Canada where she (416) 875-8424 chaired the Treasurer’s Equity Advisory Group. Director, Professional Development: Patricia Jankun [email protected] Marie participates on several community boards including the United Way of Greater Toronto. DID YOU KNOW…
WE HAVE 119 MEMBERS IN THE ONTARIO CHAPTER (and counting!) The position of Director, Broader Public Sector WHAT HAS THE ONTARIO CHAPTER EXECUTIVE remains vacant. Interested persons should BEEN UP TO LATELY? contact Richard Slee ([email protected]) for nomination information.
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