Agenda 2018-10-17T18:17:26+00:00

Full Agenda

Each session is designated for CPE credits. Session titles & speakers are subject to change.

View a map of the conference layout.

Wednesday, October 24, 2018

1:00 PM – 5:00 PM

Registration Open

2:00 PM – 2:15 PM

Opening Remarks
Joe McLaughlin, CFMA Chair

2:15 PM – 3:30 PM

General Session 1: Overview of Tax Reform
Speaker: John Armour, Armour Consulting LLC

This session will address strategic opportunities for contractors to respond to the tax reform bill(s) and related regulations and IRS positions. Any significant tax changes or court decisions that broadly impact the construction industry will be discussed. Participants will gain practical pros and cons of factors to consider relative to: entity and line of business structure; pass-through entity; 20% small business income deduction; adoption of FAS 606; revenue recognition for tax purposes; and change of accounting methods.

This session is designated for 1.5 CPE credits in the field of Taxes

Sponsored by:

3:30 PM – 3:45 PM

Networking Break
Sponsored by: 

3:45 PM – 5:00 PM

General Session 2: The Future is Now: How Today’s Tech is Disrupting the World’s Oldest Industry
Speaker: James Benham, CEO, JBKnowledge, Inc.

Technology is transforming the construction industry with new innovations every day. The launch of new mobile apps, autonomous drones, robotic stations, and wearable devices are shaping how the industry is evolving at such a rapid pace. Learn where your company stands and stands to improve with this energetic presentation by James Benham. Mr. Benham also uses insights from the 6th Annual Construction Technology Report to explain the impact of tech adoption, investments and trends. Learn to benchmark your company’s aptitude for technological transformation using the latest tools of the trade!

This session is designated for 1.5 CPE credits in the field of Information Technology

Sponsored by:

5:00 PM – 6:00 PM

Welcome Reception
Sponsored by:

Thursday, October 25, 2018

7:00 AM – 5:30 PM

Registration Open

7:00 AM – 7:45 AM

Continental Breakfast
Sponsored by: 

7:45 AM – 8:00 AM

Opening Remarks
Ellis Hefner, AGC/CFMA Conference Coordinator

8:00 AM – 9:15 AM

General Session 3: New Tax Law in Place: What is Next for Tax Policy
Speaker: Jeff Kummer, Deloitte Tax LLP

As the midterm congressional elections get closer, President Trump and Congressional Republicans are campaigning on the prospect of a new round of tax law changes; meanwhile, taxpayers are still waiting for technical corrections to help clarify the tax law enacted last year. Jeff Kummer of Deloitte Tax LLP looks at the tax policy agenda in Congress for this fall and the potential impact of the midterms in shaping tax legislative priorities in 2019 and beyond.

This session is designated for 1.5 CPE credits in the field of Taxes

9:15 AM – 9:30 AM

Networking Break
Sponsored by: 

9:30 AM – 10:45 AM

Concurrent Sessions

( *Select One )

4: Choice of Entity: What’s Best For Construction Contractors – Past/Present/Future?
Speaker: Jim Lundy, Marcum LLP

Session will review the important tax implications and planning related to entity options – C corporation, S corporation, General Partnership, LLC, Sole Proprietor. Session will include discussion of the impact of the new tax law and current developments and consider alternatives and objectives best for you.

This session is designated for 1.5 CPE credits in the field of Taxes

5: Hacking Demystified
Speaker: Joe Oleksak, Plante Moran

Organizations view security, risk and control differently. Some differences are related to threat profiles impacting an organization based on industry, location, services, etc. Some are related to management’s commitment to security; others on experience with prior cyber-incidents. In this interactive session, we will illustrate the importance of security through live, real-world examples and discuss controls often missing during testing, which if implemented, can help better secure your organization.

This session is designated for 1.5 CPE credits in the field of Information Technology

6: Preparing to Sell the Company and Managing the Process
Speaker: Dimitri Sayegh, Founder & Managing Director, Perigee Advisors, LLC

Session will review indications of a possible ownership exit transaction. Positioning and supporting a privately held company for an exit transaction. Discuss continuing to serve following an exit transaction and the benefits of transaction support services.

This session is designated for 1.5 CPE credits in the field of Management Services

7: Example Financial Disclosure, Revenue Recognition Implementation (ERP)
Speakers: Geoffrey Falk, Senior Spectrum Product Manager, Viewpoint & Timothy Wilson, BKD, LLP

Most financial managers in the construction industry should be well aware of the new Revenue Recognition standard. This session will provide an update on the U.S. standard, including a look at disclosures, impact on your ERP system, hot topics and implementation advice.

This session is designated for 1.5 CPE credits in the field of Specialized Knowledge

10:45 AM – 11:00 AM

Networking Break
Sponsored by: 

11:00 AM – 12:15 PM

Concurrent Sessions

( *Select One )

8: Choice of Entity: What’s Best For Construction Contractors – Past/Present/Future?
Speaker: Jim Lundy, Marcum LLP
(Repeat of Session 4)

9: Hacking Demystified
Speaker: Joe Oleksak, Plante Moran
(Repeat of Session 5)

10: Preparing to Sell the Company and Managing the Process
Speaker: Dimitri Sayegh, Founder & Managing Director, Perigee Advisors, LLC
(Repeat of Session 6)

11: Example Financial Disclosure, Revenue Recognition Implementation (ERP)
Speakers: Geoffrey Falk, Senior Spectrum Product Manager, Viewpoint & Timothy Wilson, BKD, LLP
(Repeat of Session 7)

12:15 PM – 1:15 PM

Lunch
Sponsored by: 

1:15 PM – 2:30 PM

General Session 4: Tax Issues Regarding Insurance—Prepaids to Captives
Speakers: Clint Brasier, Crowe LLPDaniel Kusaila, Crowe LLP

Contractors utilize various insurance policies and programs to manage risk and/or provide benefits to key stakeholders. This session will focus on helping CFMs understand the tax reporting requirements and tax impact of such policies and programs. This session will also provide an update on the industry’s use of captive insurance programs including the successful implementation and maintenance of such programs.

This session is designated for 1.5 CPE credits in the field of Taxes

2:30 PM – 2:45 PM

Networking Break
Sponsored by: 

2:45 PM – 4:00 PM

Concurrent Sessions

( *Select One )

13: Deferral Strategies in the Real Estate Industries (Cost Segregation)
Speaker: Lawrence Rosenblum, CBIZ & Mayer Hoffman McCann P.C.

Cost segregation is a valuable tool that helps significantly defer income taxes. The presentation will introduce participants to cost segregation and discuss the current and future impact of the new Tax Cuts and Jobs Act (TCJA).

This session is designated for 1.5 CPE credits in the field of Taxes

14: ESOP, Now What: ESOP 2.0
Speakers: Cara Benningfield, Partner, BKD LLP & Grant White, Chief Financial Officer, Berkel & Company Contractors, Inc.

Your business made it through the process of converting to an ESOP-owned company. What is company life like post-transaction? This session will explore the changes companies experience in the first 2-5 years post-closing.

This session is designated for 1.5 CPE credits in the field of Business Management & Organization

15: Building the Cannabis Industry
Speaker: Nick Richards, Dill Dill Carr Stonbraker & Hutchings, PC

The U.S. cannabis industry is growing rapidly and increasingly becoming a significant construction client with specific needs and unique problems. Participants will enjoy learning about construction build and management issues regarding cannabis production, manufacturing, and retail facilities. Learning objectives include the implications of purpose built facilities, cash payments, enforcement of contracts, taxes, implications of Federal illegality, understanding the current industry, and the future of cannabis in the U.S. and internationally. Nick J. Richards, adjunct professor of law, tax counsel, and cannabis industry legal advisor, will enable participants to engage in cannabis industry projects safely and with the understanding necessary to succeed.

This session is designated for 1.5 CPE credits in the field of Specialized Knowledge

16: Future Shock – Preparing for the Disruptive Technologies of the Internet of Things and Blockchain
Speaker: Lanny Morrow, BKD, LLP

Artificial intelligence (AI), blockchain and the Internet of Things (IoT) are hot topics in every industry. Unfortunately, much of the conversation is driven by vendors of the technologies and subject to much hype, hysteria, and hyperbole. This vendor-neutral presentation will gently introduce the concepts of AI, blockchain, and the IoT, provide some historical perspective, and discuss the possible benefits – and challenges – the construction industry will face in the short and long terms.

This session is designated for 1.5 CPE credits in the field of Information Technology

4:00 PM – 4:15 PM

Networking Break
Sponsored by: 

4:15 PM – 5:30 PM

Roundtable Breakouts

( *Select One )

Tax & Accounting Roundtable

This session is designated for 1.5 CPE credits in the field of Specialized Knowledge

Building/Vertical Roundtable

This session is designated for 1.5 CPE credits in the field of Specialized Knowledge

Infrastructure Roundtable

This session is designated for 1.5 CPE credits in the field of Specialized Knowledge

Family Business Roundtable

This session is designated for 1.5 CPE credits in the field of Specialized Knowledge

5:30 PM – 6:30 PM

Networking Reception
Sponsored by: 

Friday, October 26, 2018

7:00 AM – 4:30 PM

Registration Open

7:00 AM – 7:30 AM

Continental Breakfast
Sponsored by: 

7:30 AM – 8:45 AM

General Session 5: FASB Update for the Construction Industry
Speaker: Jim Kroeker, Financial Accounting Standards Board

New and upcoming accounting standards are changing financial reporting but how will they affect the construction industry? How the FASB is helping industry stakeholders successfully implement major new standards, including leases. An overview of key projects on the FASB’s agenda.

This session is designated for 1.5 CPE credits in the field of Accounting

8:45 AM – 9:00 AM

Networking Break
Sponsored by: 

9:00 AM – 10:15 AM

Concurrent Sessions

( *Select One)

22: Why Mental Health Is Smart Business
Speaker: Michelle Walker, SSC Global

Did you know that the construction industry is the most at risk industry for suicide deaths and has a suicide rate that is four times more than the national average? In order to help protect our most precious resource – our people – this session will identify how integrating mental health and suicide prevention by creating a caring culture can improve safety, health, and community.

This session is designated for 1.5 CPE credits in the field of Personnel/Human Resources

23: Effective Treasury Management in Today’s Economy
Speaker: Justin Fisher, Principal, Moss Adams Wealth Advisors & Chris Gewain, Moss Adams LLP

Managing your cash can be a full-time job. This presentation will take financial managers through specifics regarding how to set up, maintain, and monitor an effective treasury management strategy. Additionally, we’ll review how different strategies can affect ratios, covenants, and financial statements. All discussion will take into account the evolving economic and interest rate landscape.

This session is designated for 1.5 CPE credits in the field of Economics

24: New Perspective – It’s Time to Rethink Sexual Harassment
Speakers: Kevin Booth, Chief Financial Officer, WestCor Companies & Pamela Hummel

For the past 40 years, sexual harassment in the workplace from a risk management and human resources perspective has been handled similarly by U.S. companies, regardless of business size, type, or industry. However, workplace and work-related sexual harassment is as pervasive as ever. Did you know the construction industry has one of the highest rates of sexual harassment and assault? What can be done to change our culture?

This session is designated for 1.5 CPE credits in the field of Personnel/Human Resources

25: Economic and Investment Outlook: 2018
Speaker: H. Edward Shill, QCI Asset Management Inc.

Find out more about the overall state of the economy and financial markets and how best to structure your investment strategy. Topics will include discussions on the stock market, interest rates, individual stocks, and selected investment ideas for the balance of 2018 and into 2019.

This session is designated for 1.5 CPE credits in the field of Economics

10:15 AM – 10:30 AM

Networking Break
Sponsored by: 

10:30 AM – 11:45 AM

Concurrent Sessions

( *Select One)

26: Why Mental Health Is Smart Business
Speaker: Michelle Walker, SSC Global
(Repeat of Session 22)

27: Effective Treasury Management in Today’s Economy
Speaker: Justin Fisher, Principal, Moss Adams Wealth Advisors & Chris Gewain, Moss Adams LLP
(Repeat of Session 23)

28: New Perspective – It’s Time to Rethink Sexual Harassment
Speakers: Kevin Booth, Chief Financial Officer, WestCor Companies & Pamela Hummel
(Repeat of Session 24)

29: Economic and Investment Outlook: 2018
Speaker: H. Edward Shill, QCI Asset Management Inc.
(Repeat of Session 25)

11:45 AM – 12:45 PM

Lunch
Sponsored by: 

12:45 PM – 2:00 PM

General Session 6: Battle for Talent: Keys to Attract and Retain Top Performers
Speaker: Sarah Turner, Principal Consultant, Faurote Group

Are you a ‘stand-out’ company that creates powerful moments that magnetize others to join your team? In today’s competitive environment, most companies struggle to find the right formula to recruit and retain top talent. In this session, we’ll share various elements of the ‘employee experience’ including energy management and emotional intelligence. This interactive presentation highlights the drivers, barriers, and implications of the workforce so you’re prepared to win the battle for talent!

This session is designated for 1.5 CPE credits in the field of Personnel/Human Resources

2:00 PM – 2:15 PM

Networking Break
Sponsored by:

2:15 PM – 3:15 PM

Concurrent Sessions

( *Select One)

31: CFMA Benchmarker 2018 Results and Best Practices
Speakers: Elaine Ervin, Moss Adams & Jeff Longenecker, Wharton Surety Consultants

Learn about the key data from CFMA’s Construction Industry Financial Benchmarker and how it can impact your company. Learn and share Benchmarker best practices with your conference peers, and walk away with benchmarking techniques that can help you improve your company’s financial and operational performance.

This session is designated for 1 CPE credit in the field of Specialized Knowledge

32: Active Shooter Incident Fundmentals
Speaker: David Spotts, Retired, Law Enforcement Officer

In reality, an “active shooter incident” is somewhat of a misnomer.  An active shooting situation is more accurately defined as the use of hybrid targeted violence to commit mass murder.  It is one of the most horrifying experiences that can occur.  Unfortunately, in today’s society, it is something we should discuss, understand and for which we must be prepared.

This presentation will commence with a review of the general characteristics of these incidents as well as the perpetrators.  We will then discuss how to prepare, respond and recover if an active shooting event occurs at your work environment.  This portion will include situational awareness; situational comprehension; individual and institutional preparedness; immediate actions steps; tactical options, including the run-hide-fight principle; emergency services response, including appropriate interactions with first responders; and some suggested steps for recovery.

The session will conclude with a Q&A segment and a list of available resources for continuing preparedness.

This session is designated for 1 CPE credit in the field of Personnel/Human Resources

3:15 PM – 3:30 PM

Networking Break

3:30 PM – 4:30 PM

Concurrent Sessions

( *Select One)

33: CFMA Benchmarker 2018 Results and Best Practices
Speakers: Elaine Ervin, Moss Adams & Jeff Longenecker, Wharton Surety Consultants
(Repeat of Session 31)

34:Active Shooter Incident Fundmentals
Speaker: David Spotts, Retired, Law Enforcement Officer
(Repeat of Session 32)

The Construction Financial Management Association (CFMA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org.

The Certified Construction Industry Financial Professional (CCIFP) designation is the only standard to recognize financial professionals who truly know the business of construction. Credits earned at this conference are eligible toward CCIFP recertification requirements.