6/10/2019 Journey to The Frontline June 12| 2–3:50 PM ET | 2 CPEs | FOS: PD #AGAwebinars 1 Z Sample CPE Tracking OMB Circular A-123 History Letter 1981 – OMB First Issued Circular No. A-123, Internal Control Systems • • 1982 – OMB Issued Internal Control Guidelines and the Federal Managers Financial Integrity Act was • enacted • 1983 – OMB Issued an Updated Circular No. A-123, Internal Control Systems • • 1986–OMB Updated A-123 to Require Management Control Plans to guide efforts • • 1995–OMB updated A-123, Management Accountability and Control to reflect GPRA, CFO Act, IG • Act • 2004 – OMB updated A-123, Management’s Responsibility for Internal Control and added Appendix A, • Internal Control Over Financial Reporting 2 1
6/10/2019 Speakers Jay Hurt, Managing Director Grant Thorton Alex Yow, CPA , SeniorAssociate Guidehouse Chidilim Okonkwo, Director NASA Headquarters 3 Jay Hurt Managing Director, Grant Thornton LLP 4 2
6/10/2019 Jay's Semi-Random Career Path • U.S. Department of Treasury – college career center • American Management Systems – college career center • Coopers & Lybrand – job board • Federal Student Aid – networking / referral • Grant Thornton LLP – networking / referral 5 Your Career Path? • Polling Question: Which of the following did you use to obtain your current position? If you used multiple, pick the most impactful tool. • Internship / Temping • College Career Center • Job Board • Job Fair • Company Website • Social Media • Cold Calling • Networking / Referral • Head Hunter / Recruiter 6 3
6/10/2019 Why the Shift to Networking/Referral? • Intellectual Curiosity • Emotional Intelligence • Developing & Maintaining Contacts 7 Intellectual Curiosity • Definition: curiosity that leads to an acquisition of general knowledge. • Why, Why, Why, So What? • Jay's Financial Statement Flux Analysis Example • Gets You Noticed & Leads To Resume-Building Achievements 8 4
6/10/2019 Emotional Intelligence • Definition: the capacity to be aware of, control, and express one's emotions, and to handle interpersonal relationships judiciously and empathetically. • Those who have it can be described as… • Cool under fire • The person to call when you need to negotiate an agreement • Good at building teams out of conflicting individuals • Focused • Self-confident, but not arrogant 9 Emotional Intelligence Polling Question: What are some words that you might use to describe someone who demonstrates emotional intelligence? 10 5
6/10/2019 Developing & Maintaining Contacts • Create opportunities to meet people • Attend, but more importantly, participate in organizations • Collect contact information and create follow-up • Organize contact information with notes • Make time to maintain existing contacts • Identify opportunities to share information • Occasionally re-connect with contacts • Network at all levels 11 Alexander Yow, CPA Senior Associate, Guidehouse (Formerly PwC Public Sector) 12 6
6/10/2019 Polling Question: On a scale of 1-5, how do you feel about networking? 1. Dislike Networking 2. Moderately Dislike Networking 3. Netural/Indifferent 4. Moderately Enjoy Networking 5. Enjoy Networking 13 Importance of Networking Learn from Discover new Give back to Others opportunities the Community 14 7
6/10/2019 Grow your Network • Attend events, show-up consistently • Actively listen to connect and create opportunities • Say “Hi” to people who you recognize! • Don’t be shy, say “Hi” (even if you forgot their name, you can ask for it again) • If you receive a business card, write where you met them and an interesting fact on the back 15 Create Networking Goals • Identify type of events and topics of interest • Identify people you want to meet • Tip: Be prepared with engaging questions! • Time management – Be selective of events attended 16 8
6/10/2019 Strategically Add Value Get Involved- Volunteer! Ask questions- Be Authentic/Genuine Focus Efforts- Quality over Quantity 17 Chi Okonkwo, CGFM Director, NASA, Headquarters 18 9
6/10/2019 Path to Leadership • Leadership is a journey; not a destination • Shaped by every experience • Failures and success • Developed by your awareness and response to your environment • Be present; pursue a passion 19 Leaders add value • Beyond Education and certifications • Are your talents recognized? • Have you ever heard: If you need something done, give it to a busy person • Pursuing passion keeps you highly motivated • What motivates you beyond salary 20 10
6/10/2019 How motivated are you? • Polling Question: If you received $2M (tax-free) today which of the following would still interest you about your current job? o Organization’s Mission o Subject Matter (Accounting, Audit, IT) o People you work with o Advancement Potential (Being groomed for Mgmt) o Not. One. Single. Thing. 21 Your value lies in your interest! • Leaders are self-motivated and easily inspired • Level of effort is continuous and sustained even when the subject changes • Easily re-energized after disappointment or failure 22 11
6/10/2019 Leaders facilitate • Anticipate future needs and identify emerging trends • Make the reach: Facilitate communications and/or working groups for new subjects or apporaches • Leverage existing relationships • Create new relationships 23 Leaders are present Polling Question: Where do you typically sit in a meeting in an Executive conference room? • Head of the table • At the table • Back row behind the table • Seat right next to the door • Away - Dial into the conference number 24 12
6/10/2019 Be a Leader • Be Present: Engage with others meaningfully at all levels • Be Reliable: If the subject that interests you changes; be sure your level of commitment does not • Be a Facilitator: Seek opportunities to collaborate with others to solve problems with mutually beneficial solutions 25 Thank you for participating! Questions? Contact AGA: - webinars@agacgfm.org – speaking opportunities - meetings@agacgfm.org – all training related questions including volunteering opportunities 26 13
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