Full Agenda

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

Wednesday, October 16, 2019

1:00 PM – 5:00 PM

Registration Open

2:00 PM – 2:10 PM

Opening Remarks

2:10 PM – 3:25 PM

General Session 1: Intentionally Creating Inspired Workplaces

Speaker: JoDee Curtis, Purple Ink LLC

Did you enter the construction field to build and manage projects, not people? Now you need to attract and retain talent, brand your organization, website, and processes as a place where people want to work, and engage them at the same time? Are you exhausted or inspired? Let’s explore simple options to help people discover the joy in their day.

This session is designated for 1.5 CPE credits in the field of human resources/personnel

Sponsored by:

3:25 PM – 3:45 PM

Networking Break
Sponsored by: 

3:45 PM – 5:00 PM

General Session 2: Inside the Political Circus

Speaker: Matt Turkstra, Director of Congressional Relations, Tax, Fiscal Affairs, and Accounting, AGC of America

This session will provide an inside look at Washington, D.C. and its continued dysfunction, and what the spending decisions, tax debate, infrastructure proposals, heath care changes, and pension and retirement reform mean to companies competing to be profitable in the construction industry.  Matt Turkstra of the Associated General Contractors of America looks at the construction policy agenda in Congress for this fall and how the 2020 Presidential campaign will impact the legislative agenda for Congress and the Administration in 2020 and beyond.

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

Sponsored by:

5:00 PM – 6:00 PM

Welcome Reception
Sponsored by:

Thursday, October 17, 2019

7:00 AM – 5:00 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: Strategic Trends
Speaker: Jason Baumgarten, FMI Corporation

Response to today’s trends will determine the winners and losers of tomorrow. FMI will give a synopsis of current and emerging trends the construction industry is facing. This presentation provides insights into some of the construction industry’s most complex business challenges and highlights what construction and design firms of the future should be doing today to respond to these challenges.

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

9:15 AM – 9:35 AM

Networking Break
Sponsored by: 

9:35 AM – 10:50 AM

Concurrent Sessions

( *Select One )

4: Emerging Issues Update
Speakers: Tony Stagliano, CBIZ & Mayer Hoffman McCann P.C. and Tim Wilson, BKD, LLP

Accounting and reporting issues in the construction industry are constantly changing. In this session, you will hear the latest accounting and standards updates on FASB, AICPA, Private Company Council and others that could impact the construction industry. Implementation and guidance on the new Revenue Recognition and Leasing standards will be discussed as well. With the implementation dates for non-public companies rapidly approaching, staying abreast of the developments around these new standards will be important as ever. Future projects that FASB is considering will also be shared with the attendees.

Learning Objectives:

• Understand the latest developments on accounting and reporting for Revenue Recognition

• Understand the latest developments on accounting and reporting for Leases

• Learn about other accounting standards updates that have been issued by FASB during 2018-19

• Understand the FASB future agenda, including Private Company Council activity

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

5: Contractors Income Tax Update – Where We Are, and Where We Might Be Going
Speaker: Jim Lundy, Marcum, LLP

Session will review current issues impacting income taxes for contractors including: Discussion of the impact of the new Revenue Recognition on contractors income taxes, review of the Tax Cuts and Jobs Act – Good, Bad and Ugly, and an update on current legislation, litigation, and regulations related to the construction industry.

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

6: Cheats & Hustlers (Identifying Fraud)
Speaker: Angela Morelock, Partner, BKD, LLP

Fraud can wreak havoc on organization financial performance and undermine business objectives. No business is immune from the risks associated with fraud, and education is the key to prevention. Angela Morelock, a partner with BKD, LLP will share her insights into the world of internal embezzlement based on her experience investigating white-collar crime. With stories from the trenches and often overlooked prevention tips, you will be simultaneously educated and entertained during this fast-paced program designed for those with or without an accounting background. Anyone involved in business – managers, owners, board members, controllers and outside auditors – will benefit from this enlightening presentation, which discusses the symptoms management should watch for with a focus on how organizations can better protect themselves.

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

7: Preventing IT Disasters
Speaker: Frank Siepmann, Kivu Consulting Inc.

Businesses are attacked daily from many bad actors from State Sponsored to low level criminal gangs.  From Ransomware to Wire fraud, there are some simple steps businesses can take to minimize the risks to avoid being the next Victim. In this presentation we will discuss the more predominant attacks, and how to minimize your exposure to them. Also discussed, will be how to mitigate the damage from being attacked by being prepared.

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

10:50 AM – 11:10 AM

Networking Break
Sponsored by:

11:10 AM – 12:25 PM

Concurrent Sessions

( *Select One )

8: Emerging Issues Update (Repeat of Session 4)
Speakers: Tony Stagliano, CBIZ & Mayer Hoffman McCann P.C. and Tim Wilson, BKD, LLP

9: Contractors Income Tax Update – Where We Are, and Where We Might Be Going (Repeat of Session 5)
Speaker: Jim Lundy, Marcum, LLP

10: Cheats & Hustlers (Identifying Fraud) (Repeat of Session 6)
Speaker: Angela Morelock, Partner, BKD, LLP

11: Preventing IT Disasters (Repeat of Session 7)
Speaker: Frank Siepmann, Kivu Consulting Inc.

12:25 PM – 1:30 PM

Lunch
Sponsored by: 

1:30 PM – 2:20 PM

Concurrent Sessions

(*Select One)

12: Flexible Work Issues
Speaker: JoDee Curtis, Purple Ink LLC

It seems as if there are more trends around NOT working or working in a different manner (such as remote employment, unlimited PTO hours, flexible work arrangements, volunteer time off, and FMLA) than there are around actually working in the office or on the job site. Do any of these flexible employment arrangements make sense in the construction industry? As a construction industry leader, which of these do you really need to understand and implement?

This session is designated for 1 CPE credit in the field of human resources/personnel

13: Marijuana in the Workplace
Speaker: William J. Judge JD, Drug Screening Compliance Institute

Today Idaho and Nebraska are the only states with no legalized marijuana (either medical or personal use) or CBD, and that could change any time.  Some states protect employees others specifically protect employers.  Add to this the continuing opioid crisis, shortage of available workers and states with mandatory drug and alcohol testing rules and you have a patchwork of compliance issues to sort through with little time to do so. This session will provide an overview of these issues and touch on the key points you need to be aware of.

This session is designated for 1 CPE credit in the field of human resources/personnel

14: Economic Update and Outlook for 2020
Speaker: Steve Scranton, Senior VP, Chief Investment Officer & Economist, Washington Trust Bank

As we enter the final months of 2019, our focus turns to 2020. Since this business cycle is now the longest in history, the question becomes, “What comes next?” This presentation is intended to give you information that stimulates your thought process and helps you begin to plan for 2020. This session will focus on the forces that can propel the economy forward and the risks that could derail it.

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

15: Tax Update – IRS Compliance Issues Within the Construction Industry
Speakers: Jeannie Wierman, Retired, Internal Revenue Service (IRS)

Learn about the most common compliance issues addressed by the IRS for Construction Industry taxpayers, the effect the 2017 Tax Cut and Jobs Act has had on the construction industry, and how to properly change a taxpayer’s method of accounting to comply with the tax laws.

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

2:20 PM – 2:40 PM

Networking Break

2:40 PM – 3:30 PM

Concurrent Sessions

(*Select One)

16: Flexible Work Issues (Repeat of Session 12)
Speaker: JoDee Curtis, Purple Ink LLC

17: Marijuana in the Workplace (Repeat of Session 13)
Speaker: William J. Judge JD, Drug Screening Compliance Institute

18: Economic Update and Outlook for 2020 (Repeat of Session 14)
Speaker: Steve Scranton, Senior VP, Chief Investment Officer & Economist, Washington Trust Bank

19: Tax Update – IRS Compliance Issues Within the Construction Industry (Repeat of Session 15)
Speakers: Jeannie Wierman, Retired, Internal Revenue Service (IRS)

3:30 PM – 3:45 PM

Networking Break

3:45 PM – 5:00 PM

Roundtable Breakouts

( *Select One )

Accounting Roundtable

Speaker: Tony Stagliano, CBIZ & Mayer Hoffman McCann P.C.

This will be a thought provoking roundtable format discussing the accounting issues and the implementation challenges facing construction industry financial professionals. We will cover many terms/concepts like relevance, applicability, significance, materiality, acceptance and consistency. At the same time putting to rest; rumors, hearsay and conjecture we have heard from our peers and colleagues especially at gatherings around the so called watering hole. 

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

Talent Roundtable

Speaker: Tim Wilson, BKD, LLC

What do most construction companies continue to state as their number one issue?  Talent recruitment and retention.  In this roundtable, the moderator will solicit discussion from the participants regarding challenges they are facing, unique solutions and best practices.  We will discuss all areas of talent – skilled trades, project management, administration and operations.  Participants should come prepared with 2-3 questions or observations to share with the others in the roundtable.

This session is designated for 1.5 CPE credits in the field of human resources/personnel

Tax Roundtable

Speakers: John Armour, CPA, Armour Consulting, Jim Lundy, Marcum, LLP

Interactive panel/participant program addressing hot issues relative to income tax strategies and techniques, procedures to adopt and adapt to changes with focus on questions from conference participants.

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

Technology Roundtable

Speaker: Jackie Buck, Harper Construction

The construction technology landscape is entering a new era – paving the way for a more connected future during the project lifecycle. Leaders see how technologies are changing the game with efficiencies, cost savings, data capture and reporting. Many of us are responsible for, or involved with, how to innovate practices for accounting, operations, security and compliance. With the next phase of the construction information technology revolution around the corner, are you ready? This roundtable discussion will focus on strategy, budget, implementation, products and the challenges of keeping up as consumer tech evolves.

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

Transitions Roundtable

Speakers: Richard Forrestel, Cold Spring Construction and Dave Allison, Crossland Constuction

We intend to facilitate a conversation about transitioning equity and leadership in construction companies from either one generation to another or simply to another owner or owners. Valuations, buy-sells, financing methods and other related topics will likely be discussed in this interactive session.

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

5:00 PM – 6:00 PM

Networking Reception
Sponsored by: 

Friday, October 18, 2019

7:00 AM – 3:00 PM

Registration Open

7:00 AM – 7:45 AM

Continental Breakfast

7:45 AM – 9:00 AM

General Session 4: 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. This session will provide an overview of key projects on the FASB’s agenda.

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

9:00 AM – 9:20 AM

Networking Break

9:20 AM – 10:35 AM

Concurrent Sessions

( *Select One)

26: Financial Markets Update
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 2019 and into 2020.

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

27: Opportunity Zones
Speaker: Mary Baker, K&L Gates

Learn how the new Opportunity Zone tax incentive for investors can be an effective way to raise capital for your business and for the projects and operating businesses of your clients. This session will cover the rules and mechanics of OZ and dive into issues that particularly apply to the construction industry so you leave the session understanding the basics and whether/how OZ could benefit you and your clients.

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

28: Rise of the Machine Age in Construction
Speakers: Danette Beck, USI

How technology creates opportunities and challenges in Construction Risk Management – Offsite Fabrication/Modularization – Digital Twinning – Wearable Technology – Advancements in Drone Use.

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

29: Getting your Pay Practices in Line with the 2020 Market
Speaker: Jeff Robinson, PAS, Inc.

No matter what 2020 has in store for construction, the competition for great employees remains intense. By building and maintaining competitive pay programs, the goals of retaining and motivating key employees, as well as attracting exceptional employees, need to be met. This session addresses current pay trends, strategies to recruit and retain critical talent, and the planning necessary to maintain a solid compensation program.

This session is designated for 1.5 CPE credits in the field of human knowledge/ personnel

10:35 AM – 10:55 AM

Networking Break

10:55 AM – 12:10 PM

Concurrent Sessions

( *Select One)

30: Financial Markets Update (Repeat of Session 26)
Speaker: H. Edward Shill, QCI Asset Management Inc.

31: Opportunity Zones (Repeat of Session 27)
Speaker: Mary Baker, K&L Gates

32: Rise of the Machine Age in Construction (Repeat of Session 28)
Speakers: Danette Beck, USI

33: Getting your Pay Practices in Line with the 2020 Market (Repeat of Session 29)
Speaker: Jeff Robinson, PAS, Inc.

12:10 PM – 1:15 PM

Lunch
Sponsored by:

1:15 PM – 2:30 PM

General Session 5: Bridging Technology
Speaker: Jay Snyder, FMI Corporation

Join FMI’s Technology and Innovation practice leader, Jay Snyder, along with a panel of construction companies that are on the path to digital transformation.  The panel will kick off with a brief presentation by Jay on the latest trends in the industry influencing technology and innovation.  The panel will continue by discussing what digital transformation means in the built environment and how it is of value to the business.  We will engage in a robust discussion of lessons learned, assumptions, reality that the panelists have experience as they undergo the change.

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

2:30 PM – 2:50 PM

Networking Break

2:50 PM – 3:40 PM

Concurrent Sessions

( *Select One)

35: Legal Trends Impacting the Construction Industry’s Bottom Line
Speakers: Harry Z. “Zack” Rippeon III, Partner, Smith Currie

It isn’t easy being an employer these days, let alone a construction employer. Amid a hodgepodge of state and local laws and litigation, trends are emerging across the country for construction employers—from construction defects and design liability litigation to wage theft and paid leave laws. Is your business prepared for the ensuing risks? During this session, attendees will hear about several of these trends and ways construction employers can mitigate their risk.

This session is designated for 1 CPE credit in the field of business law

36: Blockchain Simplified

Speaker: Bassem Hamdy, CEO/Co-Founder, Briq

Discover how to rethink construction using blockchain, artificial intelligence, machine learning, and big data.

Learning Objectives:

• Understand how data sprawl has impacted the industry

• Understand Data Warehousing best Practices

• Introduction of intelligent process automation

• Introduction to AI based process and integration engines

This session is designated for 1 CPE credit in the field of information technology

3:40 PM – 3:50 PM

Networking Break

3:50 PM – 4:40 PM

Concurrent Sessions

( *Select One)

37: Legal Trends Impacting the Construction Industry’s Bottom Line (Repeat of Session 35)
Speakers: Harry Z. “Zack” Rippeon III, Partner, Smith Currie

38: Blockchain Simplified (Repeat of Session 36)
Speaker: Bassem Hamdy, CEO/Co-Founder, Briq

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.

ABOUT THE CONFERENCE

The Construction Financial Management Conference is jointly sponsored by the Associated General Contractors of America (AGCofA) and the Construction Financial Management Association (CFMA). This conference is specifically for financial professionals in the construction industry to dialogue and address situations unique to the industry.

If you are an owner, CFO, controller, CPA, auditor, consultant, banker, surety or legal professional … this conference is for you.

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