Please disregard yesterday's version of our October newsletter.
NEXT MEMBERSHIP MEETING:
||Tuesday, October 27, 2015
||2151 Laurelwood Road
||Santa Clara, CA 95054
October Membership Meeting
Charitable Giving -
"How to Assess a Charity's Financials"
Lynda Boman CPA
Boman Accounting Group, Inc.
Lynda's focus and specialty is working with many types of non-profit organizations. She enjoys the unique accounting nature of non-profit organizations as well as interacting with the truly amazing staff that keep the vision of the organization alive.
With the experience she has obtained in more than twenty years in public accounting, and the desire to create a firm that specializes in non-profit organizations, she opened her own practice in 2003. She is energized by the opportunities that are available to her to work with dynamic organizations and she provides value over and above the final board presentation.
Lynda began her accounting career while in school earning a Bachelor's Degree in Accounting and a Master's Degree in Taxation. She worked for several local CPA firms in the bay area, keeping a balance between tax and audit work before forming her own practice. She earned her Certified Public Accounting license in 1996. She is a member of the California Society of Certified Public Accountants, and the California Association of Non-Profits. She has served as the co-chair of the non-profit interest group for the Silicon Valley Chapter of Cal-CPA. She frequently attends seminars to stay current on tax exempt organization laws.
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In This Issue:
~October Membership meeting~
- Edronda Guiriba, Incoming AFWA Silicon Valley President in National AFWA News
- How Female professionals Are Becoming CFOs In US
- Hiring Trends in 2016- by Robert Half staffing
~Board of Directors~
October is Breast Cancer Awareness Month!!!
AFWA Silicon Valley's past President
is actively fundraising for this cause.
You may donate at her personal page on
Making Strides Against Breast Cancer
AFWA - Silicon Valley Chapter President
Hope everyone had a fantastic summer!
Don't mind me while I jump up and down in excitement that summer is over. Fall is my favorite time of the year. I love the trees changing colors and the temperature is never too hot or too cold. Also, it's the season of my favorite holiday....Halloween!
I don't just answer the door and toss out a candy to each kid that comes by. They have to be brave enough to come up to me to get it. Myself and whoever else I can convince to dress up in a themed costume, stand outside for several hours and hand out 250 packed bags of candy each year. Yes, 250 little nicely packed bags of assorted candies get handed out at my house each year. My house is known as the "scary house." (We have annual groupies.) Kids drive or walk by with their parents and point and say, "Look mom! It's the scary house!"
The whole yard gets decorated. Dozens of little strobe lights are strategically placed to reflect off the tombstones in the graveyard. We use 3 fog machines, hang a 25 foot skeleton from the flag pole, display fire pots, and we even use haunting sound effects. Kids go up the walkway in the front, pass the graveyard, pass the talking head, pass whoever randomly jumps out at them, and finally through the thick fog that prevents them from seeing me and anyone else on the other side. I know when I was a kid it was so much more fun at the houses where people dressed up, handed out candy and played along with us.
One thing I find amusing is every year after about 8:30pm we start getting the older kids in their late teens. I hear them come up the walkway saying things like how not scared they are. This is usually coming from the one in the back, prodding the friends along in front. One year, a group of teens came up like they always do with their attitudes. I left the bags of candy sitting behind the fog in a large cauldron unattended. Naturally I could hear them coming saying how lame it was that year. Just as they thought they were in the clear, I jumped out from the garage door two feet away looking like a freak from the underworld and fired up the chainsaw. The chainsaw NEVER fails. I definitely had extra candy that year left to give out.
So, before you start your own Halloween traditions, the Tuesday before Halloween will be our next member meeting with Lynda Boman of Boman Accounting Group, Inc. She will be discussing how to assess a charity's financials to help those who give ensure the charity they donate to is a good one. This is a great topic right before the end of the year when thinking of charities to donate to for that extra tax deduction!
Be sure not to miss out and to register early ..... and have a Happy Halloween!
Please Note: Get registered online early since the registration will close the Sunday before the meeting. Cost at the door the day of goes up for guests AND members.
Our Incoming President Edronda Guiriba in National AFWA News
Edronda Guiriba Appointed to Accounting & Financial Women's Alliance LEAP Advisory Council
The LEAP Advisory Council was created to ensure the voice of emerging leaders is heard and utilized within the national accounting and finance organization.
(September 23, 2015, Lexington, KY)
- Edronda Guiriba, Accountant/Auditor at Boman Accounting Group, Inc., has been appointed to the LEAP Advisory Council for the Accounting & Financial Women's Alliance (AFWA). LEAP, which stands for Lead Emerge Advance with Passion, was formed by AFWA to ensure emerging leaders have a voice within the national organization.
"As the membership of our organization ages, The AFWA National Board recognizes the importance of not only designing programming that appeals to young professionals but merges them into leadership roles as well. We're looking forward to the insight the LEAP Advisory Council will present as far as moving our organization forward for the next generation," said Lori Kelley, Chair of the AFWA Outreach committee.
Guiriba will serve as one of five appointed members in this inaugural year of the LEAP Advisory Council. In addition, Guiriba has been appointed by AFWA National President, Dianna Patton, CPA, CFP, to serve as Chair of the LEAP Advisory Council and Ex-Officio member of the AFWA National Board of Directors.
"Edronda shows a willingness to work, an ease at communication, and has the aptitude to succeed at everything she puts her energy into," said AFWA Member, Sue Stokke, Accounting Manager at the Good Shepherd Fund. AFWA anticipates Guiriba will bring the same energy to her role on the LEAP Advisory Council.
The LEAP Advisory Council will hold its first meeting this October during the AFWA National Conference in Pittsburgh, PA.
"Congratulations Edronda!" - Silicon Valley AFWA
How Female Professionals Are Becoming CFOs In US
In 1998, she reported to the COO of a company that did not have a CFO. She was the controller then, and she told the manager, in a performance review, that she wanted to be the company CFO. As Morris tells it:
"He said, 'Brenda, it's a lovely goal, a wonderful goal. But you are never going to be a CFO.' "
"I said, 'Why?' Because I was stunned that he would be that direct."
"He said, 'You have too much personality to be a CFO,' which really was code for 'You're female and too soft.' "
But Morris did go on to become CFO at several public companies. She led the initial public offering of one of them, and she now serves on the board of Boot Barn, a public company that sells western and work gear in 28 US states.
What's in Store for 2016?
Next Year's Hiring and Salary Trends Revealed
Business is booming.
Many companies are expanding and launching new initiatives to generate revenue, resulting in a need for skilled accountants and business analysts. The current regulatory climate with its increasingly complex mandates is also driving up demand for finance professionals with experience in financial compliance and healthcare.
Good talent is hard to find.
Open finance positions outnumber candidates with the necessary skills. As a result, top applicants often have multiple offers on the table, prompting organizations to accelerate the hiring process to increase the chances of landing their top picks.
Good talent is hard to keep.
Experienced finance professionals are aware that the market is in their favor. They are confident about
exploring other options
and do not hesitate to head elsewhere for better pay and shinier job titles. Employers often
in an attempt to retain key players, although this retention strategy is usually ineffective and often backfires.
Some positions will be harder to fill than others.
Though demand for most finance and accounting employees will continue, the 2016 Salary Guide indicates the following professionals will be especially sought after:
Business, business systems and financial analysts
Information technology auditors
Senior and staff accountants
Starting salaries continue to climb.
From entry-level accountants to senior internal auditors, healthy salary increases are likely in 2016. Each of the more than 400 positions listed in the 2016 Salary Guide is expected to see base compensation rise by 4.0 to 5.3 percent.
Companies are offering perkier perks.
Besides boosting starting salaries, many firms and financial institutions are offering sign-on bonuses, merit-based raises and more. They are also enhancing nonwage
, such as telecommuting options, extra vacation days, relocation assistance, flexible scheduling and tuition reimbursement.
Interim workers can cover staffing gaps.
Organizations continue to rely on
skilled temporary professionals
to maintain productivity while searching for full-time hires. Many finance managers appreciate this flexibility, as well as the opportunity to evaluate potential candidates in real time on a
Despite wobbles in the global economy, the search for talented finance and accounting employees remains steady and competitive. Consult the 2016 Salary Guide to see what's in store for the coming year, and position yourself to meet and exceed potential recruitment and retention challenges.
Accountemps, a Robert Half company, is the world's first and largest specialized staffing firm for temporary accounting, finance and bookkeeping professionals. Accountemps has more than 340 locations worldwide. More resources, including online job search services and the Accountemps blog, can be found at accountemps.com.
BOARD OF DIRECTORS
Fiona Stephenson, ACA
|Immediate Past President:
Chair: Nicole Sheets
There is an excellent line-up of programs for the Silicon Valley Chapter this year, and most of them qualify for CPE! Check out the line-up as we have engaged some dynamic and outstanding speakers coming up for 2015.
Charitable Giving - "How to assess a charity's financials"
Speaker: Lynda Boman CPA
Affordable Care Act (Health Care Reform) - "What it means for you and your clients"
Speaker: Chris Canalas
AFWA Silicon Valley chapter's annual Christmas party
- All Levels of Accounting & Finance
- Corporate Accounting Finance
- Public Accounting
- Management & Educators
If you would like to join the Silicon Valley Chapter of AFWA, follow the link to our National website:
Please feel free to complete the application or forward a copy to someone you think would benefit from joining our Chapter.
Prestigious status of professional affiliation
- National contacts for networking and professional information
- Forum for CPE
- Leadership opportunities in supportive arena
- Subscription to Accountability e-newsletter
- National and regional conferences at a discounted rate
- Access to Career Center
- Access to AFWA's LinkedIn, Facebook and Twitter groups and National online membership directory
- Discounted membership to the Institute for Management Accountants (IMA)
- Discounted products and services through affiliation agreements (CPA review courses, CCH tax & accounting books, Long Term Care Insurance and Bank of America credit card)
CPE Chair: Deborah Rosengarten, CPA
Reservation and cancellation policy:
Reservations or cancellations are requested by noon on the Friday preceding each meeting.
Email Allyson- firstname.lastname@example.org to reserve or cancel. The goal is an accurate count for the hotel. Unreserved members (not guests) incur a surcharge of $5.00.
Reserved members or guests who are no-shows will be billed if not cancelled by noon the preceding Friday. We do want you to come to the meetings and reservations are helpful but if you have to cancel let us know beforehand to avoid incurring the cost of the meal.
WE ACCEPT CREDIT CARD PAYMENT AT THE DOOR with higher cost. Online registration will close on Sunday before the event day.
Volunteers are always welcome at our monthly membership meetings. Lend a helping hand to make our monthly events and meetings even more interesting while building a great network and forming new relationships.
CPE credit is available for participating in any of our qualified programs. See Debbie for more details in person at the meeting.
Chair: Amrit Dhaliwal
Send in your articles!
We encourage our membership to submit articles of interest for our monthly newsletter. Please make your submission under the following criteria...
- Prepared as a Microsoft Word document
- Photos in JPEG format
- Captions are okay, no imbedded text, please
The newsletter is prepared and distributed on a monthly basis. Visit our web site at www.afwasiliconvalley.org. If you have questions regarding articles to submit or about the newsletter, email the newsletter chair, Amrit, email@example.com.
Amrit is interested in hearing about your latest achievements and activities too, she will include the appropriate content in next newsletter.
INTERESTED IN EXPANDING YOUR COMPANY'S VISABUILITY IN THE COMMUNITY?
BE A MEMEBER MEETING SPONSOR!
There are three sponsor levels of contribution established for the scholarship fund:
Sponsorship up to $150.00
Sponsorship up to $200.00
Sponsorship $350.00 or more
See Julia Becklund for more
(Please contact Julia for information about our annual May Gala sponsor prices.)
The Foundation is all about us, accounting and financial professionals, we strive every day to make a difference in the financial world and in our communities. The Foundation is charged with raising funds for national scholarships, and educational advancement of our peers and rising leaders.
The Foundation offers each of us the opportunity to support the future direction of the profession where we have gained our own personal successes.
It is important to support those entering the profession and working alongside us. Those that follow in our footsteps have much to teach us and much to learn from us. They embody the next generation of accounting and financial professionals. Our goal for you and AFWA is to lead the way in their development.
The Foundation promotes and advances education, career development and leadership in finance and accounting. Our vision is to guide women along the path to achieve success in finance and accounting.
The Accounting & Financial Women's Alliance Annual Conference is the premier networking and education event for professionals and students of Accounting and Finance. The event attracts hundreds of professionals from across the country for four days of educational sessions - providing up to 24 hours of CPE credit - presented by leaders in the industry.
2015 AFWA National Conference
Mark your calendars for the 2015 AFWA National Conference to be held October 26-28, 2015 in Pittsburgh, PA. Registration is now OPEN! Sign up for early bird discount.
Founded in 1938, AFWA/ASWA provides
women in accounting and finance the
leadership, education and networking
opportunities needed to achieve their career
goals. Celebrating 75 years as the only
organization that solely represents the interest
of women in the entire accounting and finance
community. The organization's mission is to
enable women in all accounting and related
fields to achieve their full personal,
professional and economic potential and to
contribute to the future development of their