Sessions For December 5

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