DESPITE THE GLOOMY ECONOMY, IT'S STILL POSSIBLE
TO ENJOY THE HOLIDAY
by Laura T. Coffey,MSNBC contributor

PLANNING FOR WHAT MATTERS
by Hildy Gottlieb, Help4Nonprofits.com
   
Creating an annual plan is the only way a board can proactively lead an organization - the only way the board can ensure it is not always putting out fires.
   
When a board is governing for what matters, that plan will be aimed at creating significant, visionary improvement to the community’s quality of life. Instead of focusing almost exclusively on trying to fix what is wrong in our communities, the plan will aim at creating a GREAT place to live. It will then address what is wrong on the way to creating something extraordinary.
http://www.help4nonprofits.com/NP_Bd_Governing_for_What_Matters3-Art.htm
- - - - - - - - - - - - -  

NO NEW ACCOUNTING RULES FOR THREE YEARS?
by Tim Reason CFO.com | US

Accounting rulemakers are starting to talk about a moratorium on new accounting rules. But the proposal comes with one giant catch: you have to adopt IFRS first.

Although the Securities and Exchange Commission has yet to suggest a date by which U.S. companies might be required to adopt International Financial Reporting Standards, the actual mechanics of such a massive switch are beginning to dominate accounting discussions. IFRS adoption was a recurring theme at a recent public forum held by the Financial Accounting Standards Board — and with that discussion came mention of a surprising idea.
    
"If we set a date for adopting [IFRS], we need a minimum of a year, if not two years, of no new accounting systems," said FASB member George Batavick. “Companies need a break.” http://www.cfo.com/article.cfm/11653728/c_2984368/?f=archives
- - - - - - - - - - - -

     
 NEW BOTTOMLINE FEATURE:  ASK THE EXPERT
 John Bagwell is an attorney who counsels broadcasters on a variety of regulatory,
 operational, and transactional issues. Katrina Gleber focuses her practice on
 communications law, counsels clients on FCC regulatory matters, and provides
 assistance to broadcast clients on digital media technology transactions.  Both
 are associates at Leventhal Senter & Lerman, PLLC, in Washington, DC.
      
 Want to "Ask the Expert?"  Send your query to lisa@pbma.org and look for the
 expert response in a future Bottomline issue.
- - - - - - - - - - - -

    
TELEPHONE TOOLKIT SEMINARS SUMMER & FALL LINEUP
PBMA Telephone Toolkits are audio seminars that deliver up-to-the-minute information and live interaction with experts in a variety of areas. The seminars continue throughout the summer and fall covering the following topics:

  
Registration fees for PBMA Telephone ToolKit seminars are $125 per site.
“Per site” registration means you can pay a single fee, and gather as many people as you’d like around the speakerphone.  Details:  www.pbma.org/toolkits.htm
   
PBMA Telephone ToolKits are produced by the Board of Directors’ Professional Development Committee, chaired by Esperanza Flury of WXPN/Philadelphia.  If you have ideas for future ToolKits, remember to send them to eflury@xpn.org
- - - - - - - - - - - - -