The Philadelphia Penn Association of Government Accountants-Philadelphia Chapter Volume 28 Issue 6 February 2000 Gold Medal Chapter 1996-1999 1997-1998 FIRST PLACE NEWSLETTER SEC, Investors Advocates May I Introduce... Our guest speaker for e January 19, 2000 luncheon was Brian Carroll, of e Securities and Exchange Commission (SEC). Mr. Carroll is Special Counsel at e SEC s Philadelphia District Office. His responsibilities include conducting examinations, investigation of potential fraud and providing legal advice on regulatory issues. Previously, Mr. Carroll served as a Senior Trial Counsel at e SEC and procontinued next page Lorraine Fleury is e Chairman of e Chapter Recognition Committee for e remaining 1999-2000 year. She has worked as an auditor for e Environmental Protection Agency s Office of Inspector General in Philadelphia for e past 10 years. She is a Graduate of LaSalle University wi a Bachelor of Science in Accounting. continued next page Inside is Issue 1-2 SEC, May I Introduce 3 President s Message 4 Notice of Next Luncheon Meeting 5 Luncheons and Activity Schedules / National Activities 6 Chapter Activities 7 Chapter Officers and Directors
Accountants-Philadelphia Chapter - Page 2 Carroll secuted individuals and corporations for securities fraud in United States District Court and before Administrative Law Judges. Before joining e SEC, Mr. Carroll served as an Assistant United States Attorney, U.S. Department of Justice, where he specialized in prosecuting financial fraud. Mr. Carroll served as a Judicial Law Clerk to e Honorable Fredic S. Berman, New York State Supreme Court, and Honorable rd Daniel H. Huyett, 3, United States District Court. Mr. Carroll received his BA from New York University and graduated from Rutgers Law School. He is widely published on legal issues. Mr. Carroll spoke of e SEC s mission of protecting investors and maintain e integrity of e securities markets. To carry out is mission e SEC promotes disclosure of important information, enforces securities laws, and protects investors who interact wi various organizations and individuals. Accord to e SEC, its effectiveness is based in its enforcement auority. Each year e SEC brings civil enforcement actions against organizations and individuals at break e securities laws. Most common among ese infractions are insider trading, accounting fraud, and providing false or misleading information about securities or e companies at issues em. Also, to accomplish its mission e SEC offers e public educational information on its web site at www.sec.gov or by calling (800)732-0330. This web site includes e EDGAR database of disclosure documents at public companies are required to file wi e SEC. The SEC also publishes free brochures and oer educational materials on many investing topics. We ank Mr. Carroll for his interesting and informative presentation. We were happy at he took time out of his busy schedule to speak at our luncheon. Mr. Carroll has passed e CPA examination and expects to be eligible for licensing in March, 2000. He is currently an Associate Member of e American association of Attorney-Certified Public Accountants and serves as e Co-Chairperson for its Securities Regulation Committee. W A R N I N G Philadelphia Phantoms tickets are being sold for only one dollar. The Philadelphia Chapter AGA is sponsoring is event on February 21, 2000 at 4:05P.M. at e First Union Spectrum. Hurry tickets are limited to 5 per member and orders must be in by February 16, 2000, visit our web site at www.agaphil.com or call (215)597-7457 VITA NEEDS YOU Fleury Lorraine resides in Jenkintown, PA wi her,husband Jerry and eir two year old daughter Samana. She enjoys playing softball and spending time at e beach in Sea Isle City, NJ. We will be hosting e Volunteer Income Tax Assistance (VITA) site at e Union Station on (of course) April 17, 2000. So please lend a much needed helping hand. Sign up on our web site www.agaphilcom. Public Service In keeping wi e AGA tradition of public service, e Philadelphia Chapter during January made contributions of $100 each to e Greater Philadelphia Food Bank, and to Philabundance. Bo are programs which obtain food cupboards and shelters roughout e City.
Accountants-Philadelphia Chapter - Page 3 President s Message About 50 members attended Brian Carroll s very interesting presentation about e Securities and Exchange Commission s audit function. I would like to ank Brain, who is an active AGA member, for volunteering to share wi us how his agency operates. I encourage any oer member who would like to present e operations of eir government agency or department to give me a call. This mon, Mort Kafrissen from e IRS will be back to discuss current tax issues. The meeting will be held on February 16 at e First Union Building at 5 and Market Streets, Philadelphia, starting at 12:00 Noon. The cost will remain $10 for members and qualifies for 1 CPE credit. Mort always draws a large crowd and space is limited, so be sure to make your reservations early at our web site www.agaphil.com. st On February 21 (Presidents Day) our chapter will sponsor a Philadelphia Phantoms ice hockey game at e First Union Spectrum at 4:05 P.M. Tickets are only $1 each, so why not have a good time wi your family and get to know oer members? Tickets are available on a first-come, first served basis and are limited to five per member. You can sign up for tickets on e chapter web site or give me a call at (215)597-7457. Tickets will be available only until February 16. We re inking about planning a golf outing for members is spring. If you re interested in participating, please let us know on e chapter web site. If ere s enough interest, we will move forward wi e plans. Also, we are planning to once again host a Volunteer Income Tax Assistance (VITA) site at e Union Station on April 17. If you are interested in participating, please sign up on e chapter web site. I hope to see you at our upcoming events! Also, remember at our annual Professional Development Conference (PDC) will be held on May 12, 2000. More information will be available on e chapter web site soon. Bob Peterson Chapter President
Accountants-Philadelphia Chapter - Page 4 Notice of Next Luncheon Meeting LOCATION: First Union Building DATE: Wednesday, February 16, 2000 5 and Market Streets COST: $15.00 for non-members Second Floor Dining Room $10.00 for AGA Members Philadelphia, PA. TIME: TOPIC: SPEAKER: Executive Meeting begins at 11:15 A.M. Lunch begins at 12:00 Noon Income Tax Update Mort Kafrissen REGISTRATION: Register on-line at www.agaphil.com or call JohnBocelli, (215) 814-5396 or Bob Peterson at (215)597-7457 by 12 Noon on Friday, February 11. Please Leave your name, agency, and daytime FY 2000 Luncheons and Activities Schedule Wednesday, February 16,2000 Mort Kafrissen, Internal Revenue Service, Income Tax Update Wednesday, March 15,2000 John Covone, Defense Contract Audit Agency, Internet/Intranet Security Wednesday, April 19,2000 To Be Announced Friday, May 12,2000 (All Day) Annual Professional Development Conference Philadelphia Radisson Airport Hotel
Accountants-Philadelphia Chapter - Page 5 National Activities 1999-2000 AGA Calendar of Events March 10, 2000 Deadline for AGA s National Awards and Scholarships Chapter Activities! An executive meeting was held on January 19, 2000 wi 8 Executive Committee members in attendance. This year s potential guest speakers, presentation topics, social activities, and professional activities were discussed. The Chapter recognized e new Awards Officer, Nicole Freda, of e HHS, OIG and Chapter Recognition Officer Lorraine Fleury of e EPA, OIG.! Next Executive Committee meeting will be held on Wednesday February 16,2000 at 11:15 A.M. before e regular Chapter Meeting.! Vince Gallo, Treasurer, reported at e chapter finances as of January 19 are as follows: Cash Beginning Balance $11,387.75 Add: Receipts 564.00 Less: Expenditures (2,510.65) Cash Ending Balance 9,441.10 Accounts Receivable $ 360
Accountants-Philadelphia Chapter - Page 6! Lorraine Fleury, Director of e Recognition Committee, reported our chapter 1999-2000 recognition points earned ending e ird quarter were: Category YTD Max Points Administration 2,000 2,000 Awards 1,000 1,000 Community Service 600 2,000 Education Events 1,600 3,000 Meetings 950 2,000 Membership 0 2,000 Newsletters 1,500 2,000 Total Points 7,650 14,000 Goal 10,000 Percentage of Goal 76.5% AGA National Awards March 10, 2000 is e deadline for nominations for AGA s 1999-2000 National Awards and Scholarships. All nominations must be received by e National Office by March 10. These awards are an excellent opportunity to recognize e achievements of your chapter s members. AGA family members are also eligible for scholarships. Some of e Awards are: Distinguished Federal Leadership Award Achievement of e Year Award Special Achievement Award Education and Training Award The William R. Snodgrass Distinguished Leadership Award (State Government Only) Private Sector Financial Excellence Award AGA Scholastic Awards For a complete listing of awards and scholarships being awarded and e eligibility, criteria, and evaluation processvisit AGA s web site at www.agacgfm.org/about/a_awards.htm or contact Lisa Thatcher at latcher@agacgfm.org.
Accountants-Philadelphia Chapter - Page 7 1999-2000 Chapter Officers and Directors Chapter Officers OFFICE OFFICER PHONE NUMBER President Bob Peterson, (DCAA) 215 597-7457 st 1 Vice-President Mike Walsh, (HHS) 215 861-4480 nd 2 Vice-President Will Weikel, (DCAA) 215 597-7453 Treasurer Vince Gallo, (EPA) 215 814-5773 Secretary John Bocelli, (EPA) 215 814-5396 Past President Dennis T. Zawacki, (U.S. Attorney) 215 861-8576 Committee Directors COMMITTEE DIRECTOR PHONE NUMBER Awards Nicole Freda, (HHS) 215 861-4501 CGFM Larry Levin, (DCAA) 610 878-2892 Education Larry Levin, (DCAA) 610 878-2892 Historian Charles Hoeger, (DOD) 215 322-7190 Membership Cay Mastropieri, (EPA) 215 814-5160 Newsletter Paul Teti, (HHS) 215 861-4505 x. 2027# Public Service Paul Sager, (City of Philadelphia) 215 686-3497 Recognition Lorraine Fleury, (EPA) 215 814-2341 Webmaster Bill Beerman, (NAVAUDSVC) 856 757-5169 ext 223 UPCOMING FEDERAL HOLIDAYS Monday February 21, 2000 Presidents Day