Government Finance Officers Association of South Carolina

2010 Fall Conference Planning Agenda

“Weathering Turbulent Times: The New Normal”


Sunday, October 17, 2010
Time / Topic/Session Idea / Speaker / Facilitator
11:00 AM – 1:00 PM / Past President’s Brunch – Chestnut Hill / Stacey Hamm
1:00 PM / Fall Conference Committee Meeting / Billy Martin
2:00 PM – 7:00 PM / Attendee Registration – Exhibit Hall C
*Sponsor Registration – Exhibit Hall C*

General Sessions I & II

3:00 – 3:50 PM / We Want You (to be a CGFO) – Room 101
This session will cover the certification program, classes and the scholarship opportunities. / James Absher / Billy Martin
3:50 – 4:40 PM / Who’s The Next Finance Director? – Room 101
Mentoring has been identified as an important influence in professional development in both the public and private sector, not only for recruiting new talent, but for retaining talent. This session will provide information on mentoring finance staff to become leaders in their offices and to continue their professional training. / Karin Hill, HR Consulting / Stacey Hamm
7:00 - 12:00 PM / Welcome Reception/ DJ Entertainment (8:00 pm till 12:00 am)
Ballroom E / Party Time Entertainment- DJ Rob with Boogie Heads / Stacey Hamm
Monday, October 18, 2010
Time / Topic/Session Idea / Speaker / Facilitator
7:00 AM – 3:00 PM / Attendee Registration – Exhibit Hall
*Sponsor Registration – Exhibit Hall*
8:00 – 9:00 AM / Continental Breakfast ~ Ballroom E
8:00 – 4:00 PM / Exhibit Hall Opens
9:00 – 9:20 AM / Welcome & President’s Remarks ~ Ballroom AB
Welcome & Remarks from Mayor/County Council / Stacey Hamm
General Sessions III, IV & V
9:20 – 10:10 AM / Keynote ~ National Economic Overview – Ballroom AB / Michael Hanson, National Economist / Billy Martin
10:10 – 10:30 AM / Break ~ Ballroom CD (Exhibit Hall/Door Prizes)
10:30 – 11:20 AM / We’re From The Legislature and We’re Here to Help – Ballroom AB
This presentation will provide an update on the next legislative session. / Representative Dan Cooper, Chair
House Ways and Means Committee / Debra Rountree
11:20 – 12:10 PM / TRAC Is Trying To Get The Train Moving – Ballroom AB
This session will provide an overview of the work of the South Carolina Taxation Realignment Commission (TRAC). / Burnie Maybank, TRAC / Jan Alonso
12:15 PM / Lunch ~Ballroom E
1:30 – 2:20 PM /

Concurrent Sessions I

“An Era Of Austerity” - The Good, The Bad, and The State Budget – Ballroom AB
This session will provide information on projections from the Senate Finance Committee. / Mike Shealy, Senate Finance Committee / Kevin Yokim
Local Government – All You Wanted To Ask But Were Afraid To Know – Room 101
The last few years have proved to be challenging times for state and local government agencies. What impact has this period had on local government revenues and expenditures? Have cities and counties had to cut services, implement furloughs, or rely on fund balances to balance budgets? These questions and others will be addressed during this session. / Anna Berger, Senior Research Associate
USC Institute for Public Service and Policy Research / Crystal Burr
Institutional Investments: Where Do We Go From Here? (Please Tell Me It’s Up) - Room 102
In a very chaotic environment for Equity and Fixed Income markets, we will have a discussion of where we have come from, where we are, and where industry professionals think we might be headed. / Rick Smith / Dianna Gantt
State /
SCEIS – SAP – Procurement/Accounts Payable (We Have To Pay The Bills Now, Too? With What?) – Room 107
This session will discuss new functionality and changes to the existing procurement and accounts payable functionality. / Wanda Dixon and Jennifer Broughton, SCEIS / Dennis Locke
2:30 – 3:20 PM /
Concurrent Sessions II
The Federal Financial Reform (It’s Not Just An) Act – Ballroom AB
This session will discuss the Federal Financial Reform Act passed by Congress in 2010 and the financial impact it will have on South Carolina Government. / Bill Antonetti
Paula Reid / Juan Sims
PCI [“Payment Card”] Compliance – Your MasterCard Is Priceless, But Is It Secure? – Room 101
This session will provide an overview on PCI Compliance. / Larry Mattox / Angie McInchok
Build America Bonds & Installment Purchase Financing – Borrow As Much As You Can For As Long As You Can – Room 102
With interest rates at historical lows, there are various creative ways governments can borrow money and greatly reduce their interest costs. / Walter Goldsmith
Ben Zeigler / Sarah Sullivan
State / SCEIS – SAP – HR/Payroll Reports (Does Anyone Here Know How To Run Payroll?) – Room 107
Multiple reports are available in SCEIS to assist State agencies with reviewing essential data prior to each payroll. Similar reports also help agencies obtain vital post-payroll data. During this session, members of the SCEIS HR/Payroll team will review key SCEIS Time and Payroll reports. / Jennifer Lauer, Tom Boudeau and Girish Honne, SCEIS / Michael Thom
3:20 – 4:00 PM / Visit the Exhibitors (Exhibit Hall/Door Prizes) – Ballroom CD
4:00 PM - Until / Networking with Professionals
5:30 – 7:00 PM / Bank of America Reception – Convention Center Hall of Fame Area / Bank of America
Tuesday, October 19, 2010
Time / Topic / Speaker / Facilitator
7:30 – 8:30 AM / Breakfast Buffet – Ballroom E
7:45 – 8:45 AM / Registration/Member Services ~ Exhibit Hall
8:00 – 5:00 PM / Exhibit Hall Open
8:30 – 9:00 AM / Business Meeting and Election Results ~ Ballroom AB / Stacey Hamm
General Session VI
9:00 – 9:50 AM / GFOA National Update (We Had A Great Time In “Hotlanta”) – Ballroom AB
This session will provide attendees with information from GFOA National. / David Vehaun, GFOA National Board
City of Rock Hill / Billy Martin
9:50 – 10:20 AM /

Break ~ Ballroom D (Exhibit Hall/Door Prizes)

10:20 - 11:10 AM /

Concurrent Sessions III

GASB Updates (We’re Up To GASB Statement Number What?!!) – Ballroom AB
In addition to a few new government accounting standards and general auditing standards, even the health care reform bill has accounting implications for you. Fund balance, accounts payable, bankruptcy, termination payments and more will all be up for discussion. So come join us to find out what additional responsibilities are coming soon to a government near you! / Larry Finney, CPA / Angela Gunter
New Framework to Document and Evaluate Internal Control – AKA An Ounce Of (Fraud) Prevention Is Worth A Pound of Cure Detection – Room 101
Internal control and an entity’s documentation of Enterprise Risk Management – CPA’s are considered the experts in design and implementation of internal controls. This session will focus on the new expanded COSO interpretation of internal controls and an entity’s evaluation of their systems and procedures. The best deterrent of fraud, waste, and abuse is a properly designed system of internal controls. / Mark Hobbs, CPA / James Absher
Improving Your Bond Rating and The New Rating Reset (You’re Better Than You Think You Are!) - Room 102
This presentation will provide attendees information on how they can improve their government’s bond rating. / Mike Burns
Michael Seezen / Vicki Bowles
IRS Required Reporting For Bonds Issued Under ARRA (or “Can You Believe the IRS Doesn’t Want Money This Time?”) – Room 104
Do you know what is needed prior to closing and after closing your bond? This session will discuss what reporting is needed prior to closing your BAB, RZEDB, QSCB, QZAB, CREB or QECB bond issue to qualify for an interest subsidy from the US Government and discuss the compliance and legal aspects of these types of bond issues. / Sheila Papelbon
Thomas Dawkins
Michelle O’Donnell
Kristen Kalinowski
Michael Larsen / Debbie Walker
Cost Saving Measures For IT and Opportunities for Economic Development (Computers – You Can’t Live with Them and You Can’t Live Without Them) – Room 107
This session will discuss consolidating voice and data communications costs while increasing productivity, lowering IT operating costs of servers, desktops, and electrical power, and creating economic development opportunities with urban wireless internet. / Christopher Christy / Karen Wicker
11:15 AM – 12:05 PM / Concurrent Sessions IV
Act 388 (Means No More) Local Funding – Ballroom AB
Act 388 passed in 2006 changed the way local governments are funded. This change will be presented so attendees will understand how this change will affect them. / Theo Dubose
John Butler, Lexington School District One
Karl Fulmer, Lexington School District Five / Scott Ludlam
Single Audit Requirements for ARRA – Remember The Federal Stimulus Money? What Did You Do With It? – Room 101
This session will present information on ARRA and the single audit requirements. / To Be Determined / Billy Martin
Dashboard Reporting – Now You Have To Work In Your Car – Room 102
In an effort to increase transparency and accountability, the City of Rock Hill has created two dashboards to communicate internally and to the public their progress toward performance and financial goals. In this session, City staff will discuss the benefits and demonstrate the functionality of these valuable communication tools. / Steven Gibson, City of Rock Hill
Monica Croskey, City of Rock Hill / Stacey Hamm
Electronic Payments in Governments: Solving the Puzzle (Kind Of Like Sudoku, Only Harder) – Room 104
This session will present information about options to pay online and in person by credit card. Governments will be presented with the options that are available and they must understand the rules and regulations set by the card networks to ensure that their receivables are compliant. / Paul Anatrella / Angela Gunter
State / SCEIS – SAP – Budget Reports (Are We Going To have A Budget To Report?) – Room 107
This session will provide an overview of core Funds Management (FM) reports in SCEIS ECC, to include budget, commitments, and actuals. This session will also focus on reports relating to FM master data, budget documents, and funds reservation activities. / Sherry Ervin and Doug Cooper, SCEIS / James Absher
12:05 – 1:15 PM / Lunch ~ Ballroom E
1:20 – 2:10 PM /

Concurrent Sessions V

State / State Government (Has) Issues – Ballroom AB
This session will provide information and updates that are important to the state government finance officers. / Rich Gilbert, State Auditor’s Office
Paul Jarvis, State Treasurer’s Office
Jennifer Muir, Comptroller General’s Office / Vicki Bowles
Internal Controls – Management Responsibilities (You Better Believe You’re Responsible) – Room 101
This session is geared to help participants carry out their financial statement fraud responsibilities as well as develop better procedures to prevent fraud and abuse. / Mark Hobbs, CPA / Debbie Walker
Cloud Computing (Your Head Really Should Be In The Clouds) – Room 102
This session will present information on cloud computing and how each agency can use it. / Larry Mattox / Billy Martin
Higher Ed Issues (Ed’s Really Tall, Isn’t He?) – Room 104
This session will provide information and updates that are important to the Higher Education sector of government finance. / Joseph Pearman, SCSU
Gary Glenn, CHE / Debbie Walker
State / SCEIS – SAP – Grant Reports (Who Is Grant And Why Is He Reporting?) – Room 107
This session is designed for participants to learn more about key SCEIS reports that are available to help your agency extract grant-related data. Felicia will demonstrate Grants reports in BW and provide any updates on new Grants reports in development. / Felicia Poston, SCEIS / Karen Wicker
2:10 – 3:00 PM / Break ~ Ballroom D (Exhibit Hall/Door Prizes)
3:00 – 3:50 PM /

General Session VII

National Economist – The Great Recession Is Over-So Where’s My Job?– Ballroom AB / Brent Weaver / Scott Ludlam

General Session VIII

/ 3:50-4:40 PM /

OPEB/GASB 45 – How Government Plans To Pay For Your Healthcare When You Retire – Ballroom AB

This session will discuss what employers are doing to mitigate their OPEB liabilities, how OPEB costs for various entities compare, how valuable access to care is for a retiree, and what the impact is of providing benefits past Medicare eligibility. / Jack Beam / Stacey Hamm
6:00 – 6:45 PM / Reception ~ Ballroom E / 7:00 PM – 12:00 AM / Banquet/Entertainment With DJ Mike Lockaby ~ Ballroom E
CGFO Awards and Sponsors Recognized / Wednesday, October 20, 2010
Time / Topic / Speaker / Facilitator
8:00 – 9:00 AM / Continental Breakfast ~ Ballroom E

General Sessions IX, X & XI

9:00 – 9:50 AM / Grant & Financial Reporting – The Feds Want To Know What You Did With Their Money And How Stimulated It Made You – Ballroom AB / TO BE DETERMINED / Billy Martin
9:50 – 10:40 AM / COSO (Does Anyone Know What COSO Stands For?) – Ballroom AB / Steve Blake, CPA / Angela Gunter
10:40 – 11:10 AM / Break ~ Hall of Fame Area
11:10 – 12:00 PM / Hope for Turbulent Times – Ballroom AB / Dr. Michael Fanning / Debbie Walker
12:00 PM / Adjourn – Now Ya’ll Be Careful Out There, Ya’ Hear?