Speaker by Name | Speaker by Topic
Accounting
Philip G. Newman, CPA, CIA
Partner, National Club Service Team
100 NE Third Avenue
Suite 300
Fort Lauderdale, FL 33301
O 800.966.0428
C 954.579.0550
E-mail: philip.newman@rsmus.com
Website: www.rsmus.com/privateclubs
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RSM US is a CMAA Bronze Alliance Partner |
Summary of Experience
Philip G. Newman, CPA, CIA has more than twenty years experience in public accounting, predominantly serving the private club industry. In his leadership role for Club Assurance and Consulting, Phil is responsible for projects throughout the United States including assurance engagements, internal control and governance reviews, operational consulting, benchmarking studies, and the development and delivery of education programs for Club Boards, CEO’s and CFO’s.
He has served on the Global Board of Hospitality Financial and Technology Professionals (HFTP) and is a frequent speaker at regional and national conference for HFTP, the Club Manager’s Association of America (CMAA), and the National Club Association (NCA). A regular contributor to industry publications, Phil was a member of the CPA sub-committee involved in the preparation of the Uniform System of Financial Reporting for Clubs and also a contributing editor to the NCA publications “Club Governance Guidelines: A Path to Organizational Excellence”. Phil was also a contributor to the HFTP/CMAA publication, “Understanding Club Finances”. He is also an honorary member of the Florida Chapter of the Club Managers Association of America.
Professional Affiliations
Certified Public Accountant
Certified Internal Auditor
Education
Phil earned a Bachelor of Commerce (Accounting) from The University of Birmingham, England.
Nonprofit Governance & Financial Oversight: What Every Club Leader Should Know
Lapses in board oversight in the for-profit and not-for-profit sectors have drawn attention to the important stewardship role that boards play.
At the same time, the Sarbanes-Oxley Act broadened governance requirements to strengthen corporate accountability. This program focuses on key issues and best practices, how and why fraud occurs, management responsibilities and the importance of internal controls and sound governance at your club.
Guiding Your Club Through A Recession: The Private Club Industry is "recession proof" – right? WRONG! The current economic climate is one that private club’s have never had to deal with. In most cases the club Manager is the one asked to wave a magic wand to get the club through the dark days – but how can we use experience to deal with a perfect economic storm that we have never faced before? This session is designed to provide a series of strategic, managerial and financial action points to help the club Manager guide their Board and management team through this turbulent time. Specific recommendations and plans of attack will be provided along with a checklist to help you through the process. The session will be interactive to elicit input from club Managers on what their experiences have been and what has and hasn’t worked at their property.
Everything You Know is Wrong: Being a Chief Operating Officer at a Bundled Community Club
Most club literature focuses on the traditional member owned institution that formed the basis of the industry centuries ago. Today however Club structures take many forms, including the increasingly prevalent "Bundled Community Club" where members are always on your doorstep. Other than the CMAA publication Managing the HOA-Residential golf Community, little in the way of accounting and operational guidance exists for COO’s of such clubs. This session will focus on what club COO’s need to know about operational, political and financial management at such entities. It will review the key aspects of the accounting guidance and operational challenges faced at Bundled Community Clubs. COO’s will come away with an understanding of what differences they need to be aware of between “traditional’ club reporting and management demands and those of the Bundled Club Community.