Mergers and Acquisitions from an
Accountant's Perspective - Ward Nelson,
Miller & Martin PLLC
Mezzanine Finance and the Role of the CPA - Patrick Murphy, Miller & Martin PLLC
CPE Credit:
1 hour Management credit
Luncheon Fee:
There is no charge for members to attend the
lunch. There is a $20 fee for guests. Please pay at the door.
Registration:
Register by clicking on the link below or by calling
1-800/762-0272.
Walk-up registrations the day of the program cannot be accepted because
course materials need to be printed and other resources acquired for the
program.
Please pick up your nametag the
day of the meeting to receive credit.
Make reservations for yourself and guests by noon on Friday, May 2.
To register, visit
http://www.tscpa.com/coursenet/Catalog/CourseDetails.aspx?courseID=080205 or call
1-800/762-0272.
Board Meeting
The board of directors will meet at the Trade Center in Meeting Room 1
at 11 a.m. on Thursday, May 8. If you would like to attend,
please call Becky Fingerle (423/785-1398) prior to the meeting to be included on
the agenda.
Luncheon
Speakers
Ward
W. Nelson has 22 years
of experience in the areas of business and health care law with an
emphasis on mergers and acquisitions, corporate finance and contracts. He
represents a public soft drink bottling company in connection with
domestic and international bank financings and the acquisition of soft
drink beverage bottlers. He also represents a regional nonprofit hospital
and numerous physician groups with respect to ongoing operations,
regulatory compliance and health care contracts. Nelson also frequently
counsels clients on choice of entity issues and general corporate and
contract matters.
J. Patrick Murphy
regularly represents finance companies, banks, lending institutions,
investment funds and individual investors throughout the Southeast. He has
closed several hundred million dollar subordinate debt/mezzanine financing
transactions with the size of the investments ranging from $500,000 to $20
million. The investments have included senior loans, subordinate loans,
debt with warrants, preferred stock and common stock. The transactions
have involved businesses from various parts of the country with the most
significant portion located in the Southeast and Mid- Atlantic regions of
the country. He generally represents investors and lenders; however, he
also represents borrowers and companies seeking growth capital. In
addition, Murphy has represented companies in connection with private
placements of securities and other capital raising transactions.
Murphy's practice also includes representing regional and local banks for
commercial lending transactions, and several privately owned and family
owned companies for general business and planning matters.
President’s Message
Chapter Members,
As CPAs, we have a lot to offer above and beyond financial reports and tax
returns. Our news media report daily the disastrous results of poor financial
decisions on the part of both individuals and institutions. Poor decisions may
be caused by ignorance, greed or a combination of the two.
CPAs are in a unique position to offer assistance, both as individuals and in
our professional capacities. As individuals, we often influence those around us,
just by our personal financial practices, or by offering sound advice when
asked. In our professional capacities we often provide the analysis necessary
for sound financial decisions. We also help to devise controls to thwart those
who exploit institutions for personal gain.
Our national organization, AICPA, combats ignorance through its “Feed the Pig”
public relations initiative, which is a part of its 360 Degrees of Financial
Literacy Program (www.360financialliteracy.org).
This Web site offers practical budget and financial tips to individuals. It
covers various cycles of life such as college, getting married, having children
and even how to teach children about finances.
While personal budgeting and financial responsibility are not directly linked to
the technical aspects of our profession, these public initiatives reflect our
values. Certified public accountants employ certain processes and practices in
financial decision making that can be useful to everyone. A few that I can think
of are:
• We gather information before we make a decision.
• We test information before we rely on it.
• We have realistic expectations for future events.
• We make reasonable provision for unforeseen events.
I encourage you to disseminate this not-so-common “CPA sense” to your own
family, workplace and others that you may have opportunity to influence.
Becky Fingerle
Chattanooga Chapter President
TSCPA Online Dues
Payment Now Available
If you have not paid your 2008-09 dues,
access our online dues renewal system by clicking on the yellow
button.
If you have any
questions about membership renewal, please contact the society office
at 1-800/762-0272 or e-mail us at
tscpa@tscpa.com.
Thank you for your
commitment to TSCPA and the CPA profession! We look forward to serving
you in 2007-08.
Save the Date - Upcoming Chapter
Events
2008 Autumn Children's Festival
The 2008 Ronald McDonald House Autumn
Children’s
Festival will be held on Saturday, Oct. 4 - Sunday,
Oct. 5!
Committee members and volunteers are needed. Contact Jeff Ross at
JRoss@fsgbank.com or Michael Rogers at
mrogers2@unum.com for more information.
2008 Young CPA
Chapter Golf Tournament
The Chattanooga Chapter Young
CPAs Golf Tournament will be held on Monday, June 9, at Hampton Creek.
The
Tennessee Society of Certified Public Accountants is pleased to
announce the availability of scholarships to students who have
completed introductory courses in accounting and/or students majoring
in accounting. Last year, the society awarded 139 scholarships
totaling $135,000. To be eligible, students must be U.S. citizens,
legal residents of Tennessee and attending a Tennessee school full
time.
For more information on the TSCPA scholarship program, please contact
Wendy Garvin at
wgarvin@tscpa.com or
1-800/762-0272.
Welcome New Members!
Upcoming Chapter
Meetings
Associate
Student
Joseph R. Oswald
Fellow
Suzanne M. Anthony
Catherine A. Robbins
Lauren K. McPherson
Charles A. Medlock
Erin M. Murdoch
Asha Venkatraman
Thursday, June 12
Lunch and
Afternoon Session
Kip Dellinger - FIN 48, FAS 109, Circular 230
Thursday, July 10
Lunch and
Afternoon Session
Doug Warren - Ethical Standards for Tennessee CPAs
Thursday, August 14
Lunch and
Afternoon Session
Sandy McKenzie - Professional Empowerment
TSCPA Member
Benefit
April Meeting
Photo
Whether
you’ve got an important interview coming up or you’re just looking to
update your wardrobe, JoS. A. Bank Clothiers offers TSCPA members a 20
percent discount on all regularly-priced merchandise (sale items
excluded). This discount is valid for in-store, catalog and Internet
orders. JoS. A. Bank Clothiers specializes in professional, corporate
casual and casual men's clothing.
To receive your free corporate card, simply visit the JoS. A. Bank store
near you, show proof of association with TSCPA and request the corporate
card, or call their toll-free catalog number at 1-800/285-2265 or e-mail a
request to corporatecard@jos-a-bank.com. Remember to mention the TSCPA
corporate company number, 140768, when applying for the card.
During the April luncheon chapter members
William Acuff and Pam Mantone spoke to attendees on "Untold Stories of CSI: Accounting -
Anatomies of Occupational Frauds." Both speakers are pictured
above.
To register,
click any of the links above, fax your registration to 615-377-3904 or
call TSCPA at 1-800/762-0272.
*
Courses also available as a webcast to view from your home or office
computer. Visit
http://www.cpalearn.com/tcpa/catalog.asp for a full listing of
webcasts and to register.
Conference
highlights:Audit Risk Standards,
GASB Update, Introduction to Governmental Accounting and
Reporting, Single Audit - Trying to Get it Right, Pollution
Remediation, Detecting Fraud in Schools, Issues in Not-for-Profit
Accounting
Click
here for schedule and
registration information.
Conference
highlights:
Ethics, Dealing with
Difficult People, Deadly Enterprise, Management Strategies that Get
Results, "Auditing" Your Personal Financial Plan, A&A Update, Tax Update, Business
Development for Accountants
Click
here for schedule and registration information.
Ward
W. Nelson has 22 years
of experience in the areas of business and health care law with an
emphasis on mergers and acquisitions, corporate finance and contracts. He
represents a public soft drink bottling company in connection with
domestic and international bank financings and the acquisition of soft
drink beverage bottlers. He also represents a regional nonprofit hospital
and numerous physician groups with respect to ongoing operations,
regulatory compliance and health care contracts. Nelson also frequently
counsels clients on choice of entity issues and general corporate and
contract matters.
J. Patrick Murphy
regularly represents finance companies, banks, lending institutions,
investment funds and individual investors throughout the Southeast. He has
closed several hundred million dollar subordinate debt/mezzanine financing
transactions with the size of the investments ranging from $500,000 to $20
million. The investments have included senior loans, subordinate loans,
debt with warrants, preferred stock and common stock. The transactions
have involved businesses from various parts of the country with the most
significant portion located in the Southeast and Mid- Atlantic regions of
the country. He generally represents investors and lenders; however, he
also represents borrowers and companies seeking growth capital. In
addition, Murphy has represented companies in connection with private
placements of securities and other capital raising transactions.
Murphy's practice also includes representing regional and local banks for
commercial lending transactions, and several privately owned and family
owned companies for general business and planning matters.
Chapter Members,
2008 Autumn Children's Festival
2008 Young CPA 
The
Tennessee Society of Certified Public Accountants is pleased to
announce the availability of scholarships to students who have
completed introductory courses in accounting and/or students majoring
in accounting. Last year, the society awarded 139 scholarships
totaling $135,000. To be eligible, students must be U.S. citizens,
legal residents of Tennessee and attending a Tennessee school full
time. 
Whether
you’ve got an important interview coming up or you’re just looking to
update your wardrobe, JoS. A. Bank Clothiers offers TSCPA members a 20
percent discount on all regularly-priced merchandise (sale items
excluded). This discount is valid for in-store, catalog and Internet
orders. JoS. A. Bank Clothiers specializes in professional, corporate
casual and casual men's clothing.
