2018 Conference Guide PEOPLE, PASSION, PURPOSE: PATHWAYS TO SUCCESS THIRD BIENNIAL NATIONAL CONFERENCE INTERNATIONAL SOCIETY OF FILIPINOS IN FINANCE AND ACCOUNTING (ISFFA) Empowering Tomorrow’s Leaders Today. August 25, 2018 Summit Executive Centre, 10th Floor 205 N. Michigan Avenue Chicago, IL, 60601 Adelfia proudly supports the National Executive Board and Officers of ISFFA on its 3rd Biennial National Conference August 25, 2018 Chicago, Illinois Adelfia is a Filipino and women-owned firm. 400 E. Randolph St. Suite 700 Chicago, Illinois 60601 Tel: (312) 240-9500 www.adelfiacpas.com 1 Welcome Remarks from Chicago Chapter On behalf of the ISFFA Chicago Chapter, I would personally welcome each of you to the 3rd Biennial ISFFA National Conference. It is an exciting time for our organization and what ISFFA stands for. This conference has been held in San Francisco, Los Angeles, and now here in Chicago. We have filled this day with exciting insights, the most relevant topics, thought- provoking panels, and an opportunity to connect with successful people from all over the country who have the same goals. This year’s conference theme is “People, Passion, Purpose: Pathways to Success.” This year’s Keynote Speaker would be none other than J. Carlitos “Itos” G. Cruz, Chairman and Managing Partner from SyCip, Gorres, Velayo & Company. His experience and accomplishments precede him, including being inducted as President of the Association of Certified Public Accountings in Public Practice (ACPAPP) in 2017 and in 2018, he assumed the Presidency of the ACPAAP Foundation. Today is a about leadership, entrepreneurship, technology, and relevancy. It’s about adapting to the changes in our profession, while growing our brand and the opportunity that comes with it. It’s about making new connections, coming together as a community, and bettering oneself. It’s about becoming a part of a special movement with friends and colleagues. We have developed this conference to include topics for everyone – whether you are a student or young professional or are already an experienced expert. So get excited for the breakout and general sessions, listen to the speeches and panels, create new connections, and don’t forget to enjoy yourselves here in Chicago! ISFFA is empowering tomorrow’s leaders today… let’s continue the movement! Mabuhay, Andrew Guerrero President ISFFA Chicago Chapter 2 TABLE OF CONTENTS 02 Welcome Remarks from Chicago Chapter 03 Table of Contents 04 2018 Conference Program 08 2018 Biennial ISFFA National Conference Speakers 19 Floresca Scholarship 20 ISFFA/AICPA Scholars 2018 22 Message from Outgoing Chair 23 2016 - 2018 National Executive Board 24 12 Years of ISFFA 31 Sponsors 32 Message from Incoming Chair 33 2018 - 2020 National Executive Board 34 Message from Founding President Announcement of 4th Biennial ISFFA 36 National Conference 2018 ISFFA National Conference 37 Planning Commitee 3 2018 CONFERENCE PROGRAM 8:15 - 8:45 a.m. 11:00 - 11:50 a.m. BREAKFAST AND NETWORKING CONCURRENT SESSIONS Kathy Lai Master of Ceremonies Financial Literacy: Wealth Accumulation 2020 Marla Isidro 8:45 - 8:55 a.m. Human Side of Cybersecurity Ralph Villanueva WELCOME REMARKS Dr. Edith Winterhalter 11:50 a.m. - 12:30 p.m. 8:55 - 9:00 a.m. LUNCH AND NETWORKING INTRODUCTION OF KEYNOTE SPEAKER 12:30 - 1:00 p.m. Arvin Floresca GENERAL SESSION 9:00 - 9:50 a.m. National Board Induction of New Officers Dr. Edith Winterhalter GENERAL SESSION Awarding of AICPA/ ISFFA Scholarship People, Passion, Purpose: Jennifer Bangit Pathways to Success Keynote Speaker ISFFA Chicago Scholarship Program J. Carlitos “Itos” G. Cruz (Floresca Scholarship-CPAR Review) Arvin Floresca 10:00 - 10:50 a.m. 1:10 - 2:00 p.m. GENERAL SESSION Leadership Series Executive CONCURRENT SESSIONS Panel: Mindset for Success 7 Steps to Speaking with Impact Jennifer Cabalquinto Denise Harrington Eloisa Briones Malve Ildefonso Artificial Intelligence Justin Bass Moderators: Kathy Lai Dr. Edith Winterhalter Eileen Fisler 4 WWW.ISFFA.ORG Adelfia proudly supports the National Executive Board and Officers of ISFFA on its 3rd Biennial National Conference August 25, 2018 Chicago, Illinois Certified Public Accountants and Business Consultants Adelfia is a Filipino and women-owned firm. 400 E. Randolph St. Suite 700 Chicago, Illinois 60601 Tel: (312) 240-9500 www.adelfiacpas.com 5 2018 CONFERENCE PROGRAM 2:10 - 3:00 p.m. 5:00 - 5:10 p.m. CONCURRENT SESSIONS CLOSING REMARKS Tax Reform Update Announcement of ISFFA National Stella Marie B. Santos Conference 2020 Mavie Valera Maria Fides Balita Taking the CPA Exam Dr. Elizabeth Murphy 5:10 - 6:00 p.m. 3:10 - 4:00 p.m. NETWORKING RECEPTION, NETWORKING BINGO, AND MINI-RECRUITMENT CONCURRENT SESSIONS Entrepreneurship Tinette Sumiller Justin Garrido The Hybrid Professional: A Modern Approach To Thinking About Your Career Paul Torres Ms. Maddie Rose Holler 4:10 - 5:00 p.m. GENERAL SESSION Millennials Panel: Dispelling the Millennial Myths and Facilitating a Strong Working Relationship with Millennials Featuring former ISFFA Scholars: Lenard Robles Kathlyn Talapian Celine Felix Hank Hsiao Moderators: Andrew Guerrero People, Passion, Purpose Melinda Haag Pathways to Success 6 WWW.ISFFA.ORG Dedicated to trust. Committed to quality. Audit quality in a complex world. KPMG is committed to delivering a high quality audit. We continue to advance audit quality with innovative capabilities and tools that provide our experienced audit professionals with an ability to look deeper into your company’s areas of risk, accounting practices, reporting processes and controls. Learn more at KPMG.com/us/audit Anticipate tomorrow. Deliver today. ©2018 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent 7 member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Some of the services or offerings provided by KPMG LLP are not permissible for its audit clients or affiliates. NDPPS 798686 2018 Biennial ISFFA National Conference Speakers Kathy Lai, CPA Partner, Crowe LLP Ms. Lai is a highly accomplished licensed State and Local Government Expert Panel. CPA and CGMA public accounting pro- Through her participation with the AICPA, fessional of diverse experience derived she has been accredited with contributions from providing assurance services to large, to authoring the AICPA State and Local complex state and local governmental en- Government Audit Guide, including the tities, higher education institutions, school newest Pension Chapter to address the districts, utilities and not-for-profit orga- complex GASB pension standards, com- Master of Ceremonies nizations. With approximately 20 years of piling AICPA comment letters to GASB and experience in public accounting, Ms. Lai on emerging standards and presenting Artificial Intelligence has led the audits of some of the largest webcasts for the AICPA Governmental governments in California, including the Audit Quality Center. Other examples State of California (Single Audit), City of of Ms. Lai’s thought leadership includes Los Angeles, City of Santa Ana, City of presenting to over 1,000 Californians on Riverside, County of Los Angeles, Metro- the complexities of the Uniform Guidance politan Water District of Southern Califor- and emerging GASB pronouncements nia, Los Angeles Unified School District through her involvement with the Califor- and the California State University Sys- nia Society of Municipal Finance Officers tem. Among 400,000 CPA’s nationwide, (CSMFO), National Grants Management Ms. Lai has been appointed by the AICPA Association (NGMA) and tailored to serve on a select national 15-member client trainings. Dr. Edith Tijamo Winterhalter Associate Vice President for Strategic Business Operations California State University, Northridge Chair, ISFFA National Executive Board Dr. Edith Winterhalter is currently the of College and University Business Associate Vice President for Strategic Officers (NACUBO), and University Risk Business Operations in the Division of Management and Insurance Association Administration and Finance at California (URMIA). She is a Board Member of Welcome Remarks State University, Northridge (CSUN). the CSU Risk Management Association and She has been with CSUN for twenty years (CSURMA). Edith was awarded the Moderator now where she worked as the Director 100 Most Influential Filipina Women by Leadership Series of Academic Budget Management and the Filipina Women’s Network in 2017. Executive Panel: various other positions in the Division of She received her Doctor of Education in Mindset for Success Academic Affairs. Professional affiliations Educational Leadership, Master of Arts in include Society for College and University Education Administration, and Bachelor of Planning (SCUP), National Association Science in Accountancy at CSUN. 8 Arvin Floresca Director of SOX Compliance and Accounting Policies, Anixter Arvin Floresca is the Director of SOX for the firm’s internal audit services. He Compliance and Accounting Policies of was also a national instructor for Deloitte Anixter, a Fortune 500 company and a US courses. Arvin started his career as an leading global distributor of Network and external auditor at SGV &Co. (then Arthur Security solutions, Electrical and Electronic Andersen Philippines). He has broad Introduction of solutions and Utility Power solutions. Arvin experience outside of public accounting, Keynote Speaker is a Certified Public Accountant, a Certified specifically in the Oil and Gas, Retail