AGENDA
Earn up to 11 CPE Credits!
The agenda was created to combine flexibility and maximum impact while also providing unique networking environments. Customize your agenda by selecting breakouts and sessions that are most meaningful to you.
Thursday, November 14
TIME
ACTIVITY
1:15 PM - 1:50 PM
Registration
1:50 PM - 2:00 PM
Welcome and Opening Remarks
2:00 PM - 2:50 PM
Revenue Recognition and the Commercial Contractor
Rich Shavell, Shavell & Company, P.A., CPAs and Consultants
This new "one size fits all" principles-based approach to revenue recognition is a paradigm shift for all contractors who have been accustomed to the percentage-of-completion (PCM) rules-based approach for the last 35-plus years. This presentation will cover: The New Standard and its Five Step Approach, Major Changes for Contractors, Transition Methods and New Disclosure Requirements, and Practical and ancillary issues to consider.
Learning Objectives:
Level: Intermediate
1.0 CPE Credits in Accounting
2:50 PM - 3:40 PM
How Data Analytics Will Improve Your Bottom Line
Ryan Merryman, CliftonLarsonAllen LLP
Most organizations are sitting on massive amounts of data, but they fail to leverage this data to make better decisions or improve their competitive position.
Learning Objectives:
Level: Intermediate
1.0 CPE Credits in Accounting
3:40 PM - 3:45 PM
Break
3:45 PM - 5:00 PM
Mock Trial Presentation
Amy Salley, Associate, HudsonParrottWalker, LLC
Antony Sanacory, Partner, HudsonParrottWalker, LLC
Claire Williamson, Partner, HudsonParrottWalker, LLC
The presentation is a brief glimpse into how a trial of a construction dispute between the General Contractor and Electrical Contractor often looks when presented through testimony and visual evidence. The presentation is lively and entertaining, and promises considerable audience participation. The audience deliberates as the “jury,” and then ultimately renders the verdict. The dispute focuses on common issues on large projects and commonly litigated construction contract terms.
Learning Objectives:
Level: Basic
1.5 CPE Credits in Business Law
5:00 pm - 6:00 pm
Cocktail Reception- Sponsored by:
Friday, November 15
TIME
ACTIVITY
7:00 AM - 8:00 AM
Breakfast- Sponsored by:
8:00 AM - 9:15 AM
Make the New Tax Law Work for You
Alan K. Clark, Smith, Adcock and Company LLP
The new tax law has many choices for methods and deductions. The presentation will help the attendees identify those choices, understand the conflicts between certain sections of the Code and help navigate the complexities of the current tax law.
Learning Objectives:
Level: Intermediate
1.5 CPE Credits in Tax
9:15 AM - 9:30 AM
Break- Sponsored by:
9:30 AM - 10:20 AM
Emerging Issues/Annual Update
Marisol Torres-Gomez, Cherry Bekaert
This session will cover new accounting and auditing standards affecting the construction industry in the current and upcoming year. Attendees will be able to identify how these changes will impact their financial statements.
Learning Objectives:
Level: Intermediate
1.0 CPE Credits in Accounting
10:20 AM - 10:35 AM
Break- Sponsored by:
10:35 AM - 11:50 AM
Florida Lien Law – Know How To Protect Your Interest And Get Paid
Wm. Cary Wright, Carlton Fields
We have all been there. The 2nd Tier Subcontractor wondering why they are not getting paid. The General Contractor trying to get their final retainage monies from the Owner. You do not want to ruffle any feathers, but the days on the calendar are flying by with no sign of invoices being paid. How long do you have to file a lien or bond claim? Can you file a lien on change orders? Can you file a bond claim on change orders? A behind the curtain look at the Florida Lien Law.
Learning Objectives:
Level: Basic
1.5 CPE Credits in Business Law
11:50 AM - 1:00 PM
Lunch- Sponsored by:
1:00 PM - 1:50 PM
How to Prepare for the Next Downturn
Herb Brownett, Brownett & Associates, LLC
It is not a matter of if, but when the next economic downturn will occur. Whether, it is next year or five years from now, if your company waits until the downturn is here, it may be too late. Now is the time for your company to prepare! This presentation will reveal how the best managed construction companies are diversifying work shoring up their business practices, leveraging technology and developing contingency plans to be prepared.
Learning Objectives:
Level: Intermediate
1.0 CPE Credits in Specialized Knowledge
1:50 PM - 2:05 PM
Afternoon Break- Sponsored by:
2:05 PM - 2:55 PM
Cyber Security Landscape
Anthony Dolce, Chubb North America
The purpose of the presentation would be to provide an overview of cyber insurance, including both 1st and third party coverages. Beyond insurance, we will also discuss the current cyber security landscape including a description of various threats. We will discuss ransomware, data breaches, business email compromises, fraudulent wire transfers and other types of threats and scams that are currently affecting computer systems in the US. We will also address how best to protect against these threats and what to do if you fall victim to one of them.
Learning Objectives:
Level: Intermediate
1.0 CPE Credits in Specialized Knowledge
2:55 PM - 3:10 PM
Afternoon Break- Sponsored by:
3:10 PM - 4:25 PM
Surety Panel
Nick Costa, Berkshire Hathaway
Margie Morris, Guignard Company
A Surety Perspective on the Industry in 2019: A Panel Discussion with 4 of the Industy's Leading Sureties.
Learning Objectives:
Level: Intermediate
1.5 CPE Credits in Specialized Knowledge
4:25 PM - 4:30 PM
Closing Remarks
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 final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: Web site: www.learningmarket.org
2019 CFMA Florida Regional Conference Committee
Amy Loupin, Loupin Construction
Patrick Corcoran, Steward-Mellon Company
Nathan Brainard, Insurance Office of America
Jason Byrd, Gulf Mechanical Contractors
Pilar Dixon, Brown & Brown of Florida, Inc. – Jacksonville
Yvette Aubin, Ebsary Foundation Company
Fernando Lopez, Bluewater Builders