Sessions For All Days

04

Wednesday
8:00am-12:00pm

COR19101. Fundamentals of Construction Accounting and Auditing

Instructor: James Miller, Russ Rigler
Track: Accounting & Auditing - Construction
Knowledge Level: Beginner
Field of Study: Accounting, Auditing
CPE Credits: 4.5

This session will provide an understanding of fundamental concepts of construction accounting and auditing. Participants will:

Learning Objectives:

  • Learn basics on going through accounting for construction contracts and how to approach an audit of a construction contractor.
  • Learn about incorporating Topic 606 (revenue recognition) and understanding the key inputs, measures, constraints, and other items needed to properly account for contracts.
  • Learn how to audit construction contractors, including risk assessments, understanding risks associated with construction contractors, implementing Topic 606 procedures.

04

Wednesday
9:00am-12:00pm

COR19102. A 199A Workshop

Instructor: Jim DeBree
Track: Accounting & Auditing - Real Estate
Knowledge Level: Beginner
Field of Study: Taxes
CPE Credits: 3.5

This workshop will cover an overview of Section 199A and will discuss multiple issues that must be addressed to comply with the provisions of this complex set of new rules. Session contents will include the mechanics of computing the deduction for qualified business income, the rules governing qualified trade or businesses, specified service trades or businesses, W-2 wage and UBIA limitations, aggregation rules and anti-abuse rules.
Learning Objectives:

  • Learning Objectives:To provide an understanding of the rules of Section 199A and how they are implemented.
  • To identify opportunities for practitioners to provide consulting services to clients who own affected trades or businesses.

04

Wednesday
1:00pm-4:00pm

COR19103. The Language of Real Estate

Instructor: Andrew Alperstein, Brett Johnson, Joyce Soriano-McDowell,
Track: Accounting & Auditing - Real Estate
Knowledge Level: Beginner
Field of Study: Specialized Knowledge
CPE Credits: 3.5

The real estate industry has many unique terms and measurements which are used by company executives, market analysts, and investors to understand the financial results and value real estate assets.
Learning Objectives:

  • The Language of Real Estate will cover various terms, acronyms, and measurements that are used in commercial real estate.
  • The session will also cover how these various terms and measurements are used

04

Wednesday
1:00pm-5:00pm

COR19104. Construction Tax

Instructor: Taryn Smith, Dee Estep
Track: Tax - Construction
Knowledge Level: Beginner
Field of Study: Taxes
CPE Credits: 4.5

This session will provide an understanding of fundamental concepts of construction Tax accounting. Participants will:
Learning Objectives:

  • Learn the basics of tax accounting concepts and methods available for construction contracts
  • Become familiar significant book (GAAP)/tax difference inherit in accounting for construction contracts
  • Learn to recognize revenue deferral opportunities that can help their clients/employers better manage cash flow attributable to tax obligations
  • Review recent tax law changes and updates impacting the construction industry

05

Thursday
8:10am-9:00am

COR1901. To All the Economists I've Loved Before

Instructor: Anirban Basu
Track: Combined
Knowledge Level: Update
Field of Study: Economics
CPE Credits: 1.0

This presentation supplies detail discussions regarding, global, national, and regional economic performance using the most current data available. Special attention is devoted to certain aspects of economic life, including the performance of financial, labor, real estate, and construction markets.
Learning Objectives:

  • Learning Objectives/TakeawaysAt the end of this presentation, audience members will:Understand the myriad ways in which global economic dynamics are impacting the U.S. economy.Understand which industries are expanding the fastest in America.
  • Understand how policymaking continues to shape economic outcomes in the U.S.Understand the primary sources of risk to the current expansion cycle.
  • Understand key factors shaping the U.S. economic outlook in the near and far terms.

05

Thursday
9:05am-10:20am

COR1902. DC Tax Legislative and Political Update

Instructor: Ryan Abraham
Track: Construction
Knowledge Level: Overview
Field of Study: Taxes
CPE Credits: 1.5

This session will discuss the tax regulatory, legislative, and political environment in Washington, D.C. Issues will cover TCJA implementation, view from Capitol Hill, and the latest from the Presidential campaign trail focusing on the potential impact to the construction and real estate sectors.
Learning Objectives:

  • Understand the tax issues currently being discussed and advanced in Federal government and the implications of those policies on the construction and real estate sectors.
  • Understand the political outlook for 2020 and beyond and implications for tax policy.

05

Thursday
9:05am-10:20am

COR1903. Real Estate: Tax Legislative and Policy Outlook

Instructor: Ryan McCormick
Track: Real Estate
Knowledge Level: Overview
Field of Study: Taxes
CPE Credits: 1.5

Ryan McCormick will analyze trends and developments in real estate tax policy, including recent legislative and campaign proposals. The session will address forthcoming regulatory guidance, pending bills in the House and Senate, and the outlook for tax legislation in the short- and medium-term. Topics will include: Opportunity Zones, capital gains reform, the Foreign Investment in Real Property Tax Act, cost recovery changes, energy efficiency incentives, technical corrections, wealth tax proposals, the low-income housing tax credit, partnership regulations, and the new limitation on business interest deductibility.
Learning Objectives:

  • Understand potential changes in real estate tax policy
  • Recognize how recent reforms are affecting U.S. real estate

05

Thursday
10:50am-12:05pm

COR1904. Determining & Enhancing Valuation of an Engineering, Construction, & Infrastructure Services Company

Instructor: Scott Kolbrenner, Tim Sznewajs
Track: CFO - Construction
Knowledge Level: Overview
Field of Study: Finance
CPE Credits: 1.5

Investment banking professionals specializing in the Engineering, Construction, and Infrastructure Services industry will discuss how to determine and enhance valuation of a Company during a sale process
Learning Objectives:

  • Perspectives on current and future industry economic trends impacting Company performance and valuation
  • Information on current capital markets activity in the Engineering & Construction industry
  • Value enhancing strategies for Engineering & Construction companies contemplating a potential exit via a third party sale or recapitalization

05

Thursday
10:50am-12:05pm

COR1905. Advanced Accounting and Financial Statement Issues

Instructor: Jim Miller, Russ Rigler
Track: Accounting & Auditing - Construction
Knowledge Level: Advanced
Field of Study: Accounting
CPE Credits: 1.5

Through this session you will come to understand key topics that are impacting accounting and financial reporting for construction contractors.

05

Thursday
10:50am-12:05pm

COR1906. Tax Update (Repeated in Session 46)

Instructor: John Armour, Kelli Franco
Track: Tax - Construction
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

In this session, you will learn the latest updates on the current tax environment affecting contractors.
Learning Objectives:

  • To learn about the latest tax consequences affecting contractors after the Tax Cuts and Jobs Act.
  • To learn about what planning opportunities exist with the current rules and future sunset dates.

05

Thursday
10:50am-12:05pm

COR1907. Opportunity Zones

Instructor: Kamil Homsi, Craig Bernstein
Track: Real Estate
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

This session will cover:

Learning Objectives:

  • An update on the latest rules and regulations of the Opportunity Zone Legislation
  • In addition, we will provide an update with where the Opportunity Zone market currently stands.

12:05pm-1:05pm

05

Thursday
1:05pm-2:20pm

COR1908. Top 10 Tips for Contractors Performing Prevailing Wage Work

Instructor: Deborah Wilder
Track: CFO - Construction
Knowledge Level: Overview
Field of Study: Specialized Knowledge
CPE Credits: 1.5

This session is a review of the top 10 areas where contractors and agencies frequently make errors or fail to provide complete information. This will include contact clauses, assessment of prevailing wage compliance, etc.
Learning Objectives:

  • Understanding the different funding sources that trigger prevailing wage compliance
  • Identifying the correct wage determination by project location and funding source
  • Identifying common mistake or challenges faced by contractors

05

Thursday
1:05pm-2:20pm

COR1909. The Revenue Recognition Standards Changed, But Did They?

Instructor: Erin Roberts
Track: Accounting & Auditing - Construction
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

On January 1, 2018, public companies were required to adopt ASC No. 606, Revenue from Contracts with Customers. Erin Roberts, EY's Global Engineering & Construction leader, and member of the AICPA's Construction Contractor's Task Force that wrote the guidance for our industry, will highlight the areas of potential change and how the new standard specifically impacted public companies at adoption.
Learning Objectives:

  • Learn how to understand the areas of potential change in revenue recognition that could affect engineering and construction companies
  • Learn how the new revenue recognition standard impacted public engineering and construction companies at adoption.

05

Thursday
1:05pm-2:20pm

COR1910. Year-end Planning for Contractors

Instructor: Barry Fischman
Track: Tax - Construction
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

This session will provide insight for pre-year end tax planning for a Construction Company. Planning insures that the Company is looking at all opportunities and taking advantage of available income tax methods.
Learning Objectives:

  • Participants will earn the approach to pre-year end tax planning which will allow them to provide timely and meaningful recommendations to their Company or contractor clients.
  • This session will provide a proactive approach and allow attendees to leave with a game plan for their Company or contractor clients.

05

Thursday
1:05pm-2:20pm

COR1911. Innovation in Real Estate & Construction - It’s all hype…or is it?

Instructor: Miles Tabibian, Rob Sistek
Track: Industry - Real Estate
Knowledge Level: Overview
Field of Study: Information Technology
CPE Credits: 1.5

05

Thursday
1:05pm-2:20pm

COR1912. Accounting Update: ASC 842 (Repeated in Session 51)

Instructor: Joe DiLeo
Track: Accounting & Auditing - Real Estate
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

In this session, speaker, Joe DiLeo, will dicuss the Implementation of ASC 842 (new leases standard) including hot topics and lessons learned in public company adoption.
Learning Objectives:

  • Learning Objectives:To understand key concepts and requirements of ASC 842
  • To understand certain implementation and transition issues

05

Thursday
1:05pm-2:20pm

COR1913. TCJA 2017 One Year Later

Instructor: Tony Nitti
Track: Tax - Real Estate
Knowledge Level: Overview
Field of Study: Taxes
CPE Credits: 1.5

An update on the guidance that has been published, and the remaining unanswered questions, two years after the passage of the TCJA.
Learning Objectives:

  • Identify those areas where the IRS has issued guidance with regard to provisions in the TCJA.
  • Recognize those areas where guidance is still lacking, and what to do in the absence of guidance.

05

Thursday
2:30pm-3:45pm

COR1914. Alternative Project Delivery Methods in Construction

Instructor: Aaron Toppston
Track: CFO - Construction
Knowledge Level: Intermediate
Field of Study: Specialized Knowledge
CPE Credits: 1.5

This session will be an interactive conversation on the evolution of alternative delivery models for infrastructure in the U.S., including DB, progressive DB, gap financing and P3. We will also discuss how changes in today’s marketplace is influencing delivery model, including risk appetite and new market entrants.
Learning Objectives:

  • Review the history of delivery models for U.S. infrastructure projects
  • Discuss constraints and opportunities in today’s market
  • Speak about what trends are expected in the future and how this could impact your firm

05

Thursday
2:30pm-3:45pm

COR1915. Lease Accounting Implementation (Repeated in Session 45)

Instructor: Jack Callahan, Rebecca McDonald
Track: Accounting & Auditing - Construction
Knowledge Level: Update
Field of Study: Accounting
CPE Credits: 1.5

This session will cover lease accounting implementation best practices and lessons learned.
Learning Objectives:

  • Understanding of the lease accounting requirements
  • Steps to implement the lease accounting pronouncement

05

Thursday
2:30pm-3:45pm

COR1916. Tax Accounting Method Changes Under the TCJA for Contractors

Instructor: Nate Smith
Track: Tax - Construction
Knowledge Level: Basic
Field of Study: Taxes
CPE Credits: 1.5

The new tax law expands eligibility criteria for many contractors to use the completed contract method of accounting, the overall cash method of accounting, and several other opportunities. Meanwhile, the new tax law requires changes to basic tax revenue recognition principles under section 451. The following topics will be explored:

- Eligibility for the overall cash method of accounting and changes under Rev. Proc. 2018-40

- Eligibility for an 'exempt contract' method of accounting (e.g., completed contract) and changes under Rev. Proc. 2018-40

- Relevance of other accounting methods and changes involving inventory and section 263A under Rev. Proc. 2018-40

- Interaction of new accounting method opportunities with revenue recognition principles under section 451(b)
Learning Objectives:

  • Attendees will be able to leverage tax accounting method opportunities for contractors to proactively plan for tax minimization strategies- Attendees will be able to apply these new opportunities appropriately in relation to other guidelines concernin
  • Attendees will be able to apply these new opportunities appropriately in relation to other guidelines

05

Thursday
2:30pm-3:45pm

COR1917. Financial Reporting Framework for Small and Medium Size Entities

Instructor: Julie Killian
Track: Accounting & Auditing - Real Estate
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

This session will provide an overview of the FRF-SME framework and discuss using this framework as an alternative solution to adopting the Revenue Recognition and Lease Standards required by US GAAP
Learning Objectives:

  • Learning objectives: Provide an overview and understanding of the framework and how it compares to US GAAP
  • Provide insight and lessons learned from experiences with companies who have adopted the FRF - SME as their accounting and reporting framework.
  • Discuss issues adopting Topic 842

05

Thursday
2:30pm-3:45pm

COR1918. Opportunity Zones - Tax Perspective and Update

Instructor: Scott Grimm
Track: Tax - Real Estate
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

As part of the Tax Cuts and Jobs Act, Opportunity Zones, which originally flew under the radar, has been at center stage over the last year. This session will provide updates on proposed regulations as these rules continue to evolve.
Learning Objectives:

  • Learn basic structuring strategies to maximize the benefits of an Qualified Opportunity Fund
  • Gain insight as to how Opportunity Zones have affected the commercial real estate market

05

Thursday
4:15pm-5:05pm

COR1919. Trends in Construction Contract Terms and Risk Mitigation

Instructor: Mike Zisa
Track: CFO - Construction
Knowledge Level: Overview
Field of Study: Business Law
CPE Credits: 1.0

This session will discuss current risk-shifting trends in construction contract terms and how to identify and address or mitigate.
Learning Objectives:

  • Learning Objectives:To identify construction contract terms that unreasonably shift risk to one of the contracting parties.
  • How to address terms to balance or mitigate the risk

05

Thursday
4:15pm-5:05pm

COR1920. Accounting for Joint Ventures

Instructor: Mike Lucki, Robert Mercado
Track: Accounting & Auditing - Construction
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.0

Joint ventures continue to be prevalent in current times. This session will explore the reasons why contractors enter into joint ventures.
Learning Objectives:

  • We will explain what determinations for accounting methods and policies that need to be made at the joint venture entity level.
  • We will also discuss the various methods used to account for the investment and earnings of a joint venture at the joint venture member level and the required disclosures needed in the financial statements.

05

Thursday
4:15pm-5:05pm

COR1921. Tax Credits

Instructor: Susan Bennett
Track: Tax - Construction
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.0

05

Thursday
4:15pm-5:05pm

COR1922. Innovative Grocery Chain Concepts: Will They Be A Reality

Instructor: Mike Straneva, Tara Marszewski, John Caulfield, Brian McGlynn
Track: Industry - Real Estate
Knowledge Level: Intermediate
Field of Study: Specialized Knowledge
CPE Credits: 1.0

05

Thursday
4:15pm-5:05pm

COR1923. Valuation Topics and Discussion

Instructor: Jamie Rich, Brett Matzek
Track: Accounting & Auditing - Real Estate
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.0

Impairment of Long-Lived Assets including Right-of-Use Assets of Leassees (as defined under ASC Topic 842)
Learning Objectives:

  • Understand the order of operations for impairment testing and identify the triggering event
  • current topics related to real estate valuation for financial reporting

05

Thursday
4:15pm-5:05pm

COR1924. To Aggregate, or not to Aggregate (under 199A)

Instructor: Nathan Clark
Track: Tax - Real Estate
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.0

This session will evaluate when pass-through entities can and should or should not be aggregated for purposes of 199A, factors to consider in making this determination - including examples - and other relevant issues to consider.
Learning Objectives:

  • In this session you will:
  • Learn the relevant rules for when pass-through entities can be aggregated together.
  • Learn how to effectively utilize aggregation to maximize the 199A deduction and mitigate wage and property limitations.

05

Thursday
5:15pm-6:05pm

COR1925. Practical Application of the New Revenue Recognition Standards

Instructor: Carl Franseen, Jackie Buck, Erin Roberts, Mike Love
Track: CFO - Construction
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.0

This session will bring feature a panel of esteemed E&C private company CFO's who will share their insights into their efforts to ensure compliance with the new revenue recognition standard.
Learning Objectives:

  • Learning Objectives:To discuss the overall adoption process for the new standard that are practical for private companies
  • To highlight areas that are expected to change the recognition of revenue for the panelists companies and private clients.

05

Thursday
5:15pm-6:05pm

COR1926. Government Contracting Update

Instructor: Sajeev Malaveetil
Track: Accounting & Auditing - Construction
Knowledge Level: Intermediate
Field of Study: None
CPE Credits: 1.0

05

Thursday
5:15pm-6:05pm

COR1927. Tax Lookback

Instructor: Joshua Ganshert
Track: Tax - Construction
Knowledge Level: Basic
Field of Study: Taxes
CPE Credits: 1.0

This session will be a case study in Tax Lookback.
Learning Objectives:

  • Understand the requirements for computation of tax lookback
  • Review foot to avoid in preparing the lookback calculation

05

Thursday
5:15pm-6:05pm

COR1928. Blockchain Simplified (Repeated in Session 47)

Instructor: Bassem Hamdy
Track: Combined
Knowledge Level: Intermediate
Field of Study: Information Technology
CPE Credits: 1.0

During this session, discover how to rethink construction using blockchain, artificial intelligence, machine learning, and big data.
Learning Objectives:

  • Learning Objectives: Define Blockchain and identify use cases
  • Understand how data sprawl has impacted the construction industry
  • Understand data warehousing best practices
  • Introduction to AI based process and integration engines

05

Thursday
5:15pm-6:05pm

COR1929. Breadbox - A Capital Structure Response to IRC Section 118

Instructor: Alan Borstein
Track: Industry - Real Estate
Knowledge Level: Basic
Field of Study: Finance, Taxes
CPE Credits: 1.0

The session will review changes to IRC 118 and provide a capital structure program for private economic incentives development agreements between developers and public entities

6:05pm-7:00pm

6:30am-6:05pm

Learning Objectives:

  • Understand data warehousing best practices

06

Friday
7:00am-7:50am

COR19SS1. Cost Segregation in the Era of Tax Reform - Session Presented by Capstan

Instructor: Bruce Johnson, Carly Ferris
Knowledge Level: Update
Field of Study: Taxes
CPE Credits: 1.0

The Tax Cuts and Jobs Act (TCJA) has created a wealth of new opportunities for the thoughtful owner of commercial real estate. A thorough cost segregation study is the vehicle by which TCJA benefits may be obtained. The Tangible Property Regulations (TPRs) are still in play in this post tax-reform era, and in fact augment the utility of the TCJA. This session will demonstrate how a strategic interplay of strategies old and new may be utilized to maximize tax savings on commercial real estate in the era of tax reform.
Learning Objectives:

  • The discussion will provide an overview of the new strategies outlined in the TCJA
  • The discussion will go over multiple examples of their application and benefits.

06

Friday
7:00am-7:50am

COR19SS2. WIP Reports and the Impact of Rev Rec

Instructor: John Meibers, Brian Heil
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.0

Work-In-Progress reports are critical, forward-thinking financial tools to help your clients manage their businesses’ profitability. The new Revenue Recognition standard will become a reality for some private contractors in 2020, which will impact how they run their WIP reports.

06

Friday
8:10am-9:00am

COR1930. Real Estate and Construction Trends around Digital

Instructor: Steve Jones
Track: Combined
Knowledge Level: Overview
Field of Study: Specialized Knowledge
CPE Credits: 1.0

Technology is rapidly transforming how buildings are being designed, built and operated around the world. Dodge Data & Analytics if a global leader in studying the business impact of these key trends. Steve Jones from Dodge will share highlights of their findings and show examples of what leading practitioners are doing.

06

Friday
9:10am-10:00am

COR1931. Surety Panel

Instructor: Geoff Delisio, Tad Nelson, Michael Marino
Track: Construction
Knowledge Level: None
Field of Study: Specialized Knowledge
CPE Credits: 1.0

06

Friday
9:10am-10:00am

COR1932. Emerging Trends in Real Estate

Instructor: Mitch Roschelle
Track: Real Estate
Knowledge Level: Update
Field of Study: Economics
CPE Credits: 1.0

An in depth discussion on the trends that will impact and influence real estate investment, development, and management decisions in the year ahead and beyond. Mitch Roschelle a PwC Partner and widely recognized media commentator is the co-publisher of the PwC/ULI publication 'Emerging Trends in Real Estate' keynotes this session and provides thought-provoking timely insights.
Learning Objectives:

  • Learning Objective: Gain a retrospective outlook on the past several economic cycles and the lessons learned along the way.
  • To better prepare participants to assist clients and / or organization in navigating the dynamic landscape in the real estate and construction industries.

06

Friday
10:25am-11:40am

COR1933. How to Prepare your Construction Business for a Sale

Instructor: Tony Ivener, Dimitri Sayegh
Track: CFO - Construction
Knowledge Level: Intermediate
Field of Study: Management Services
CPE Credits: 1.5

Through this session you will come to understand key topics that are impacting accounting and financial reporting for construction contractors.
Learning Objectives:

  • Indications of a possible exit transaction
  • Positioning a privately held company for an exit transaction
  • Supporting an exit transaction
  • Continuing to serve following an exit transactionFor service providers - Benefits of transaction support services

06

Friday
10:25am-11:40am

COR1934. Developing the Construction Cost Budget

Instructor: Carl Franseen, Kirsten Duffy, Aaron Toppston, Mike Lucki
Track: Accounting & Auditing - Construction
Knowledge Level: Intermediate
Field of Study: None
CPE Credits: 1.5

06

Friday
10:25am-11:40am

COR1935. ESOPs and shareholder liquidity, employee engagement and executive compensation

Instructor: Mary Josephs
Track: Tax - Construction
Knowledge Level: Advanced
Field of Study: Specialized Knowledge
CPE Credits: 1.5

This session will dive deep into the tax and accounting attributes of an ESOP including examples and discussion on when the ESOP can be an attractive liquidity strategy for private businesses, partnerships, and divestiture.
Learning Objectives:

  • Learning objectives include: Understanding the personal, corporate, and retiree tax benefits of an ESOP
  • Understanding how an owner achieves fair market value, cash over time, and equity incentives in an ESOP
  • Understanding how an ESOP benefits management
  • Understand how an ESOP benefits employees

06

Friday
10:25am-11:40am

COR1936. CFO Panel

Instructor: Tana Zaffino, Kelly Blair, Matthew Jordan
Track: Industry - Real Estate
Knowledge Level: Intermediate
Field of Study: None
CPE Credits: 1.5

This session will be a Q & A on:

Learning Objectives:

  • How to be an effective CFO in the Real Estate Industry
  • Responsibilities and necessary characteristics of a Real Estate industry CFO
  • We will also identify key areas of focus and risks

06

Friday
10:25am-11:40am

COR1937. Leesee Overview and Lessons Learned

Instructor: Michael Cheng
Track: Accounting & Auditing - Real Estate
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

We'll be going over the basics of Topic 842 (Leases) from a lessee perspective. There will also be an opportunity to discuss lessons learned from implementing Topic 842.
Learning Objectives:

  • Obtain an understanding of Topic 842 from a lessee perspective.
  • Understand the basic accounting between an operating and finance lease. - Understand how to identify embedded leases.
  • Discuss issues adopting Topic 842

06

Friday
10:25am-11:40am

COR1938. Section 199A - What is a Trade or Business

Instructor: Jim DeBree, Joyce Welch
Track: Tax - Real Estate
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

Section 199A creates a new deduction for up to 20% for Qualifying Business Income (QBI) from qualifying trades or businesses. This session will explore what constitutes a trade or business including discussion about Specified Trade or Businesses (SSTBs) and the relevant factors that indicate separate trades or business.
Learning Objectives:

  • Learning Objectives:How to determine what a trade or business is for purposes of 199A
  • What are the relevant factors that assist in determination of what is a trade or business for 199A

11:40am-12:40pm

06

Friday
12:40pm-1:30pm

COR1939. Accounting and Auditing Panel

Instructor: Emilio Alvarez, Joe Natarelli, Julian Xavier, Erin Roberts
Track: Accounting & Auditing - Construction
Knowledge Level: Intermediate
Field of Study: Accounting, Auditing
CPE Credits: 1.0

A panel of experts will:
Learning Objectives:

  • Answer questions regarding the challenging accounting and auditing issues in construction
  • Demonstrate ways to apply solutions to your clients and businesses.

06

Friday
12:40pm-1:30pm

COR1940. What We Know About Taxes and 606 (and what we don't!)

Instructor: Jim Lundy
Track: Tax - Construction
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.0

Session will be an interactive discussion of the application of Topic 606 to the tax planning and preparation for construction contractors
Learning Objectives:

  • Participants will be able to identify the differences between required financial reporting for Construction Contractors and the related tax treatments Contractors
  • And their advisors will be aware of planning opportunities and hazards related to income tax returns and compliance after implementing Topic 606

06

Friday
12:40pm-1:30pm

COR1941. Libor Changes

Instructor: Chris Bailey
Track: Industry - Real Estate
Knowledge Level: Intermediate
Field of Study: Finance
CPE Credits: 1.0

The London Interbank Offered Rate (LIBOR) is the primary reference rate for adjustable-rate loans in the United States and is scheduled to sunset at the end of 2021 This session will explore the current proposed alternative reference rates, operational considerations for the real estate marketplace and organization risks, challenges and opportunities during the LIBOR transition.
Learning Objectives:

  • Learning Objectives:Understand the impact of the LIBOR transition to the commercial real estate capital markets.
  • Understand and measure organizational impact of the LIBOR transition.

06

Friday
12:40pm-1:30pm

COR1942. Revenue Recognition

Instructor: Sam Battle, Adam Cavin
Track: Accounting & Auditing - Real Estate
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.0

This session will help you:

Learning Objectives:

  • Understanding Topic 606 Revenue from Contracts with Customer and Subtopic 610-20, Other Income – Gains and Losses from the Derecognition of Nonfinancial Assets, as they apply to real estate transactions.
  • Understand revenue from contracts with customer and Subtopic 610-20,
  • Understand other income – Gains and Losses from the Derecognition of Nonfinancial Assets, as they apply to real estate transactions.

06

Friday
12:40pm-1:30pm

COR1943. Real Property Trade or Business Election under 163(j)

Instructor: Tony Nitti
Track: Tax - Real Estate
Knowledge Level: Update
Field of Study: Taxes
CPE Credits: 1.0

A qualifying real property trade or business may elect out of the interest expense limitations of Section 163(j). This class will examine the opportunities, pitfalls, and unanswered questions surrounding the election.
Learning Objectives:

  • Identify those businesses that are real property trades or businesses.
  • Recognize the cost of making the election.
  • Understand the uncertainty surrounding tax shelters and the impact on the election.

06

Friday
1:40pm-2:55pm

COR1944. Construction Project Claims/Builder's Risk Claims Processes

Instructor: Joe Caldarera
Track: CFO - Construction
Knowledge Level: Intermediate
Field of Study: Business Management & Organization
CPE Credits: 1.5

Identification of Project Claims typically seen on a Construction Project with a description of the process for Notice and Substantiation of all claims, including an introduction to Builder's Risk Claims. This seminar will also show how to use the Contract Documents to establish a baseline for the Contractor's Daily Rate. A brief overview of the parties to a construction contract and the interplay of the parties, including the CPA's role as a pro-active asset to the Contractor.
Learning Objectives:

  • Learning objectives will include: A brief overview of the parties of a construction contract and the duties of the parties.
  • A second objective will be the notification and documentation process to enable a higher percentage of recovery on delay claims, unforeseen conditions claims, and builder's risks claims on a construction project. Closely tied to the documentation process that will enable discovery will be the presentation of a methodology for establishing the contractor's daily rate from the Contract Documents.

06

Friday
1:40pm-2:55pm

COR1945. Lease Accounting Implementation (Repeat of Session 15)

Instructor: Jack Callahan, Rebeccca McDonald
Track: Accounting & Auditing - Construction
Knowledge Level: Update
Field of Study: Accounting
CPE Credits: 1.5

This session will cover lease accounting implementation best practices and lessons learned.
Learning Objectives:

  • Understanding of the lease accounting requirements
  • Steps to implement the lease accounting pronouncement

06

Friday
1:40pm-2:55pm

COR1946. Tax Update (Repeat of Session 6)

Instructor: John Armour, Kelli Franco
Track: Tax - Construction
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.5

In this session, you will learn the latest updates on the current tax environment affecting contractors.
Learning Objectives:

  • To learn about the latest tax consequences affecting contractors after the Tax Cuts and Jobs Act.
  • To learn about what planning opportunities exist with the current rules and future sunset dates.

06

Friday
1:40pm-2:55pm

COR1947. Blockchain Simplified (Repeat of Session 28)

Instructor: Bassem Hamdy
Track: Combined
Knowledge Level: Intermediate
Field of Study: Information Technology
CPE Credits: 1.5

During this session, discover how to rethink construction using blockchain, artificial intelligence, machine learning, and big data.
Learning Objectives:

  • Learning Objectives: Define Blockchain and identify use cases
  • Understand how data sprawl has impacted the construction industry
  • Understand data warehousing best practices
  • Introduction to AI based process and integration engines

06

Friday
1:40pm-2:55pm

COR1948. Impact Investing in Commercial Real Estate

Instructor: Kamil Homsi, Joyce Soriano-McDowell
Track: Industry - Real Estate
Knowledge Level: Intermediate
Field of Study: Specialized Knowledge
CPE Credits: 1.5

Real estate impact investing is an investment philosophy which has been garnering significant interest among investors seeking financial returns with environmental and social objectives. This session discusses:
Learning Objectives:

  • The trends, diversity of opportunities, and risk-return profiles
  • Requirements by impact investors in the domestic and global markets

06

Friday
1:40pm-2:55pm

COR1949. Accounting Update: ASC 842 (Repeat of Session 12)

Instructor: Joe DiLeo
Track: Accounting & Auditing - Real Estate
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.5

In this session, speaker, Joe DiLeo, will dicuss the Implementation of ASC 842 (new leases standard) including hot topics and lessons learned in public company adoption.
Learning Objectives:

  • Learning Objectives:To understand key concepts and requirements of ASC 842
  • To understand certain implementation and transition issues

06

Friday
3:15pm-4:05pm

COR1950. CFO Panel

Instructor: Jackie Buck, Mike Love, Mike Lucki, Rich King
Track: CFO - Construction
Knowledge Level: Intermediate
Field of Study: Specialized Knowledge
CPE Credits: 1.0

This discussion will be focused on "What keeps a CFO up at night". You will learn about:
Learning Objectives:

  1. Competition - The rise of technology discussion The slightest competitive advantage can make the difference in securing a multi-million-dollar contract. What new?
  2. Managing for Growth and Preparing for an Economic Downturn at the Same Time? What did you learn from the last recession that you would do differently going into the next economic downturn?

06

Friday
3:15pm-4:05pm

COR1951. Contract WIP for Heavy Highway Contractors

Instructor: Robert Davidson
Track: Accounting & Auditing - Construction
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.0

This presentation will include a discussion of analytical procedures and considerations required for preparation of the contract WIP schedules for heavy highway contractors. The session will also include internal control and auditing procedures to consider for the contract WIP schedules.
Learning Objectives:

  • Participants will learn about issues affecting the contract WIP schedules of heavy highway contractors, including unit price contract issues, liquidated damages, front end loading, contract risk, DBE compliance, etc.
  • Participants will receive guidance about the impact of the new revenue standards on the contract WIP schedules

06

Friday
3:15pm-4:05pm

COR1952. Tax Panel

Instructor: Cord Armstrong, John Armour, Kelli Franco, Jim Lundy, Tony Ivener
Track: Tax - Construction
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.0

This session is an opportunity to interact with leaders in the construction tax arena. Attendees will gain:
Learning Objectives:

  • A review of current trends and developments impacting the construction tax industry
  • Insights from a detailed discussion on tax topics presented in earlier sessions
  • The opportunity to participate in Q&A on topics important to their company and/or practice

06

Friday
3:15pm-4:05pm

COR1953. Opportunities and Challenges for Investing in Cannabis Real Estate

Instructor: Anthony Coniglio, Rob Sistek
Track: Industry - Real Estate
Knowledge Level: Intermediate
Field of Study: Finance
CPE Credits: 1.0

The state-legalized cannabis market is one of the fastest growing industries in the U.S. Real estate is at the heart of the cannabis industry with mission-critical facilities necessary to produce, process and distribute products to consumers. This session will provide a high-level overview of the cannabis industry and offer an in-depth discussion of the opportunity and challenges associated with investing in the capital-intensive and specialized real estate that serves an emerging, high-growth industry, which remains illegal at the federal level.
Learning Objectives:

  • Understand the opportunity, rationale and competitive landscape for investing in real estate with cannabis related tenancy.
  • Learn about the formation, capital raising and operational challenges encountered by real estate investment firms that transact with cannabis operators.

06

Friday
3:15pm-4:05pm

COR1954. Long-Lived Asset Impairment under ASC Topic 360

Instructor: Jamie Rich, Jordan Adelson
Track: Accounting & Auditing - Real Estate
Knowledge Level: Intermediate
Field of Study: None
CPE Credits: 1.0

Impairment of Long-Lived Assets including Right-of-Use Assets of Leassees (as defined under ASC Topic 842)
Learning Objectives:

  • Understand the order of operations for impairment testing and identify the triggering event
  • Determine the asset group and calculate carrying amount
  • Indetify the primary asset and understand service potential
  • Understand terminal (disposal) value and allocate impairment loss among the assets within the asset group

06

Friday
3:15pm-4:05pm

COR1955. Estate Planning for Real Estate Investors

Instructor: Nancy Henderson
Track: Tax - Real Estate
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.0

In this program, a nationally recognized estate planning attorney with expertise in advising high net worth clients in matters of estate and charitable planning will examine the unique issues and opportunities involved when advising real estate investors on matters of wealth transfer.
Learning Objectives:

  • Learning Objectives:To become aware of the unique challenges presented in estate and charitable planning when the principal assets are real estate investments.
  • To be introduced to the most effective estate planning strategies for transferring real property to individual or charitable beneficiaries or trusts for their respective benefit.
  • How to strike the proper balance between planning for a step up in basis on low basis real property v. reducing estate and generation skipping transfer taxes.

06

Friday
4:15pm-5:05pm

COR1956. Selecting a Construction Accounting Software Solution

Instructor: Jeffrey Nesbitt
Track: Tax - Construction
Knowledge Level: Intermediate
Field of Study: Computer Software & Applications
CPE Credits: 1.0

Stay Competitive With The Right Software Solution For contractors the stakes are high and a poor decision can put a contractor’s reputation and prospects for future work in jeopardy. Contractors face many business challenges today and are only compounded when you factor in issues like: • Lack of Transparency across project teams • Manual processes that slow down collaboration and communication • Time wasted converting or recreating information into multiple tools In order to manage these challenges more efficiently you need the right tools. But in the vast landscape of software choices how do you know what you really need? What functionality do you need and how will you implement it? How do you get your teams to adapt and use new software? Poor technology decisions can create more headaches and risk for your company when not done properly. In this presentation you will understand how to make the right construction software decisions for your business and teams and the process to get there.
Learning Objectives:

  • Current Industry Problems Industry Trends Best in Class processes
  • Contractors checklist for Success

06

Friday
4:15pm-5:05pm

COR1957. Strategies in Indirect & Equipment Cost Allocations

Instructor: Rich King
Track: CFO - Construction
Knowledge Level: Intermediate
Field of Study: Accounting
CPE Credits: 1.0

Establishing effective and appropriate methods for charging direct, indirect and equipment costs to jobs is critical in accounting for contract costs. In this session, we will review different strategies and methods for job costing including the allocation of indirect and equipment costs. In addition, we will explore best practices and review real life examples of how to align your estimating, budgeting and accounting methods for indirect and equipment costs.
Learning Objectives:

  • Learning Objectives: 1. Understand how to account for different types of job costs per GAAP and through real-life examples.
  • 2. Identify appropriate cost methods to allocate different pools of indirect and equipment costs.
  • 3. Determine methods to align your estimating, budgeting and accounting for different types of job costs.
  • 4. Understand the economics of equipment costs including how to align your costing methods and structure with your corporate culture. 5. Determine audit considerations to analyze the absorption of indirect and equipment costs from a CFO’s perspective.

06

Friday
4:15pm-5:05pm

COR1958. Tax Expert Panel

Instructor: Joyce Welch, Scott Grimm, Nathan Clark, Tony Nitti
Track: Tax - Real Estate
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.0

The Tax Experts Panel provides the attendees the opportunity to ask the Experts questions regarding relevant topic discussed during the conference or with their practice.
Learning Objectives:

  • Learning Objectives:Opportunity to ask questions of Tax Experts regarding income tax issues discussed at the conference
  • Invite discussion about uncertain tax issues that result from TCJA 2017

06

Friday
4:15pm-5:05pm

COR1959. Tax Expert Panel

Instructor: Joyce Welch, Scott Grimm, Nathan Clark, Tony Nitti
Track: Tax - Real Estate
Knowledge Level: Intermediate
Field of Study: Taxes
CPE Credits: 1.0

The Tax Experts Panel provides the attendees the opportunity to ask the Experts questions regarding relevant topic discussed during the conference or with their practice.
Learning Objectives:

  • Learning Objectives:Opportunity to ask questions of Tax Experts regarding income tax issues discussed at the conference
  • Invite discussion about uncertain tax issues that result from TCJA 2017