Diablo Valley Chapter
# 356 - California




  • Create Superior Member Value

  • Increase the Penetration of the CMA Exam

  • Grow Membership


Board Meeting 
SATURDAY, MARCH 7, 2015 11:30AM

The Chapter Board values members input. All Chapter Members are invited to attend.  We welcome and encourage all Diablo Valley chapter members to attend the next board meeting on Saturday, March 7, 2015 at 11:30am.  Your input, opinions, and suggestions will help to make sure our Chapter is working for you.  Please join us!



Buttercup Grill 
660 Ygnacio Valley Rd., Walnut Creek, CA


Notify Liz Ramos at alizabethramos@comcast.net if you will be attending.  


**If you cannot attend the meeting but have ideas and suggestions to improve Chapter services please email your thoughts to Liz Ramos at alizabethramos@comcast.net.  We want to hear from you!



MONDAY, MARCH 23, 2015

Technical Meeting

Valuation issues throughout the business lifecycle will go through the key issues to consider from formation/early stages (negotiating with VC's, acquisitions and purchase accounting) to exits.  This topic will cover common issues that could be relevant at various stages like valuations related to buy-sell agreements and shareholder buy outs/disputes.


Distinguished Speaker:


 Josette C. Ferrer   

Managing Director

Clairent Advisors LLC



Josette Ferrer is the founder and a Managing Director of Clairent Advisors. Since 1993, Josette has been assisting clients with the valuation of closely held businesses and business interests, intangible assets, intellectual property, stock options, debt instruments, capital equipment / fixed assets, and other assets.


While Josette has extensive experience serving clients in many industries, areas of specialty include high technology, early stage ventures, telecommunications, service companies, consumer products, manufacturing, and financial services companies.




Registration Information:

Buttercup Grill 
660 Ygnacio Valley Rd., Walnut Creek, CA
Monday, March 23, 2015  
6:00 PM Check-in & Networking
6:30 PM Dinner
7:00 PM Speaker
Rate:  $35 Members & Guests


Salad w/ Bread

Entrée choice of:

Chicken Champagne:  Grilled chicken breast topped with mushrooms, garlic and champagne sauce.  Served with rice and fresh vegetables.


Prime Rib:  A generous slice of the King of beef, slowly roasted to perfection. Served with creamed horseradish, garlic mashed potatoes and fresh vegetable.


Vegetarian meal available upon request. 

Choice of non-alcoholic beverage

Please respond with name, title, company, menu choice and IMA Chapter if member to Patt Mayer at pattmayer@earthlink.net or call 925-689-1440.

You do not have to be certified or an IMA member to attend.


Continuing Professional Education

Saturday MARCH 14, 2015

Educational Opportunity:  
March CPE Session - 4hrs CPE credit

You are invited to one of the most valuable products offered by the Institute of Management Accountants.  The FMN (Financial Management Network) is a live DVD training program introducing and explaining up-to-the-minute accounting and finance issues. 

By viewing the DVD and participating in the group discussion you will earn four hours of CPE credit.

Overall, the program allows you to keep current with the changes and impacts in many facets of the Accounting and Finance industry.


Saturday - March 14, 2015

Time: 9:00am - 1:00pm

Cost:  $40.00 Full breakfast and lunch included in cost.

Dress code: Casual

RSVP:  Robert Hulin

email: ima.eastbay.nc@gmail.com

cell: 510-304-1406

FMN Topics



IMA Holds High Standards for Management Accounting Certification;
 Announces Position on CGMA Designation

IMA® recognizes efforts by AICPA and CIMA to create a new management accounting designation, as this reinforces the critical role management accountants play in today’s competitive global marketplace. However, the absence of proper testing and assessment during the three-year grandfathering period – in which U.S. CPAs who meet basic experience criteria and pay a fee will receive the CGMA (Chartered Global Management Accountant) designation – is troubling. Equally concerning is a six-month, free auto-enrollment period in which CPAs who meet the education criteria automatically become CGMAs and are then required to “opt out.”

In contrast, IMA believes the most credible means for certifying competency in management accounting is by studying for and passing a rigorous testing program, combined with an educational and experience requirement. To date, the Institute of Certified Management Accountants (ICMA®), the certification affiliate of IMA, has issued more than 36,000 CMA® certificates to professionals who have earned their credential by passing a rigorous multipart exam.

Backed by 40 years of management accounting innovation and insight from IMA, the CMA credential is today’s most market-relevant assessment of professional accounting and finance career qualifications.

As IMA continues to support the growing field of management accounting, the organization also hopes that all accounting associations keep sight of the ultimate mission to responsibly serve individuals, the profession, and society by assuring the skills of management accountants are verified and fully aligned with the needs and standards of today’s businesses.

In fulfilling its mission of advancing the profession, IMA intends to be a fierce competitor in ensuring that organizational capability is enhanced with properly certified management accounting professionals.

Join the Discussion

IMA members and nonmembers are invited to join an online discussion, “What does it mean to be a management accountant?,” on LinkUp IMA. Tell us what IMA and the CMA mean to you.




Get Certified! Salary surveys have shown that a certified professional earns approximately 22% more than a non-certified professional!

Prepare for the newly revised CMA Exam or just advance your knowledge and skill set with:


IMA's new CMA Learning System. This state-of-the-art, self-directed program delivers a comprehensive learning experience in managerial accounting.
Gleim Review Course Gleim Discount on Study Materials

Diablo Valley Chapter members receive a 20-32% discount on all CMA study materials, as well as Gleim CPE (including new ethics course).
 Contact Melissa Leonard at melissa.leonard@gleim.com or call 1-800-874-5346 x 131 to take advantage of this offer or contact [Chapter contact's name and email/phone] for more details.

So order now and get on the road to the CMA/ CFM Certification.


IMA Mission Statement
To provide a dynamic forum for management accounting and finance professionals to develop and advance their careers through certification, research and practice development, education, networking, and the advocacy of the highest ethical and professional practices.

The IMA is the leading professional organization devoted exclusively to management accounting and financial management. As set forth in its mission and vision statements, its goals are to help members develop both personally and professionally, by means of education, certification, and association with other business professionals.

As a respected leader within the global financial community, the IMA influences the concepts and ethical practices in management accounting and financial management. Its ethical standards provide guidance to practitioners for maintaining the highest levels of ethical conduct.



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