Hi everyone,

This was the title of the keynote talk given here in Denver by the Honorary Mr. David Walker, former U.S. Comptroller General.  The talk focused on the unacceptable level of national debt, the source of our debt, and the transformational actions required by government and citizens to correct the situation over the long run.

For our international members in attendance, I know this topic seems U.S.-centric but in many ways, like it or not, the U.S. is at the center of the global economic recession.  We must become part of the solution, not just part of the problem.

Many thanks to our own Kim Wallin, CMA, former volunteer chair of the IMA and State Controller of Nevada, for getting Mr. Walker to speak at our event.

Resources available include the website www.pgpf.org (Peter G. Peterson Foundation of which Mr. Walker serves as CEO) and search on the movie I.O.U.S.A. which offers a 30 minute educational video on the national debt and what can be done about it.

So, taking off your taxpayer hat what can management accountants do?  Continue to be the guiding posts for ethics and integrity, serving as trusted business advisors, protecting investors, and driving business performance.  Upgrade your skills and competencies by getting certified and taking educational programs.  There are MANY areas where we serve to protect investors which contributing to increased productivity and economic development:  risk management; advanced costing techniques; working capital management; planning and forecasting; and, financial literacy and leadership.

Which leads to another excellent keynote presentation this morning in Denver.  Jeff VanKooten from the Center for Generational Studies gave a relevant and fun talk - at 7 am in the morning - on the importance of different generations understanding their respective values and attitudes.  If you are to be an influencer inside your organization, it starts first with engagement and an open mind.

All for now.  COMMENTS ALWAYS WELCOME!!