AICPA Construction and Real Estate Conference 2020

Dec 7, 2020 ‐ Dec 9, 2020

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Packages Display Packages

This includes sessions from the conference: AICPA Construction and Real Estate Conference 2020

Sessions Included:

Mitigating Risk: COVID-19 (Dec 07, 2020 12:15 PM)

Real Estate and Economic Outlook (Dec 07, 2020 12:15 PM)

WIP Deep Dive: Analytics & Communication from the Inside Out (Dec 07, 2020 02:00 PM)

Impairment (Dec 07, 2020 02:00 PM)

Tax Update (Dec 07, 2020 02:00 PM)

Retail - State of the Market, Accounting Implications, and Tax Implications (Dec 07, 2020 02:00 PM)

Right-of-use (ROU) Asset Impairment Hot Topics - Accounting and Fair Value Considerations (Dec 07, 2020 02:00 PM)

Why Construction Contractors Fail and How to Turn Around a Troubled Contractor (Dec 07, 2020 03:45 PM)

Advanced Accounting and Financial Statement Topics (Dec 07, 2020 03:45 PM)

CFO Panel - Construction (Dec 07, 2020 04:50 PM)

606: Lessons Learned (Dec 07, 2020 04:50 PM)

The Future of Residential Real Estate (Dec 07, 2020 04:50 PM)

Adoption of ASC 842 and COVID Impacts (Dec 07, 2020 04:50 PM)

Morning Remarks and Inside the Political Circus (Dec 08, 2020 11:00 AM)

Morning Remarks and Allegiant Stadium: From Concept through Completion (Dec 08, 2020 11:00 AM)

Construction Contract Terms and Risk Mitigation (Dec 08, 2020 12:15 PM)

Best Practices for Indirect Cost Allocations (Dec 08, 2020 12:15 PM)

Tax Credits and Incentives available to Contractors (Dec 08, 2020 12:15 PM)

Accounting for Debt Modifications (Dec 08, 2020 03:40 PM)

RPTOB Revisited and Prop Regs under 163(j) (Dec 08, 2020 12:15 PM)

The Good, The Bad & The Ugly: State of Insurance Market and Achieving Best Results (Dec 08, 2020 01:55 PM)

ASC 842: The New Lease Accounting Standard (Dec 08, 2020 01:55 PM)

Check in on your Disciplines and Thinking: Tax Depreciation (Dec 08, 2020 01:55 PM)

Hospitality Panel: State of the Market and Accounting and Tax Implications (Dec 08, 2020 01:55 PM)

Financing instruments for insurance (Dec 08, 2020 03:40 PM)

Joint Venture Accounting (Dec 08, 2020 03:40 PM)

Bricks, Bytes and Behaviors (Dec 08, 2020 03:40 PM)

Environmental, Social Governance (ESG) Trends and Why its Important (Dec 08, 2020 03:40 PM)

How to Prepare for an Audit (PPP) (Dec 08, 2020 04:45 PM)

Tax Methods for Construction Contractors – How to Pick’m, and how to Change’m! (Dec 08, 2020 04:45 PM)

CARES Act Provisions (Dec 09, 2020 03:05 PM)

Proptech in Real Estate (Dec 08, 2020 04:45 PM)

Estate Planning Based on Valuation (Dec 08, 2020 04:45 PM)

How Payment Automation Can Mitigate Risk and Improve Efficiency For Construction: Session Sponsored by Comdata (Dec 09, 2020 10:00 AM)

A New Reality: The Impact of Covid-19 on Construction Technology and Accounting (Dec 09, 2020 11:05 AM)

End of Year Tax Preparedness/Planning (Dec 09, 2020 12:10 PM)

ASC 606 and the Surety Industry One Year after Implementation (Dec 09, 2020 12:10 PM)

Post-Election Landscape: Tax Legislation and Real Estate Tax Policy (Dec 09, 2020 11:05 AM)

Cybersecurity (Dec 09, 2020 12:10 PM)

CFO Panel - Real Estate (Dec 09, 2020 12:10 PM)

Tax Consequences of Debt Modifications (Dec 09, 2020 01:50 PM)

Return to Work, COVID-19, and Employment, OSHA, and Wage & Hour Claims (Dec 09, 2020 01:50 PM)

Current Expected Credit Loss Considerations (CECL) (Dec 09, 2020 01:50 PM)

Business Succession and Continuity: Planning and Valuation Considerations. (Dec 09, 2020 03:05 PM)

Tax Consequences of PPP (Dec 08, 2020 01:55 PM)

Accounting and Auditing Panel (Dec 09, 2020 03:05 PM)

Construction Tax Panel (Dec 09, 2020 04:10 PM)

WIP or Get WHIPPED! A Construction Guide to Work-In-Progress: Session Sponsored by Deltek (Dec 09, 2020 10:00 AM)

Standard: $459.00


Mitigating Risk: COVID-19 iconMitigating Risk: COVID-19

Preview Available

Mitigating Risk: COVID-19

Dec 7, 2020 12:15pm ‐ Dec 7, 2020 1:30pm

Identification: COR2002

Managing the COVID-19 crisis has consumed a significant amount of management attention during 2020. Hear from construction industry finance executives about how they have navigated these unprecedented times, including what immediate actions were taken, how they have adapted their organizations to address remote working conditions, and how they are implementing strategic changes to take advantage of opportunities to build a more resilient enterprise for the future.

Learning objectives:

  • Understand the immediate actions taken to ensure the workforce remained safe and productive
  • Learn how these companies are addressing remote working conditions
  • Understand how strategies can be implemented to build a resilient enterprise

Standard: $49.00

Real Estate and Economic Outlook

Dec 7, 2020 12:15pm ‐ Dec 7, 2020 1:30pm

Identification: COR2003

This session will explore the future of real estate as the presenters walk through the recently released Emerging Trends in Real Estate 2021, to be presented by PwC Partner Courtney Sargent. Following the reveal of the report's findings, Courtney will sit down ( virtually ) with Mitch Roschelle, the Founding Partner of Macro Trends Advisors, for a lively and interactive discussion of the economic, policy and political landscape ahead, and how the same may influence the real estate estate asset class. 

Standard: $49.00

WIP Deep Dive: Analytics & Communication from the Inside Out

Dec 7, 2020 2:00pm ‐ Dec 7, 2020 3:15pm

Identification: COR2004

Have you ever thought of using analytics based upon your Work in Process Schedule to provide insights to your company? Have you ever used them to make strategic job-related decisions in your business? Both are critical to the success of every contractor. In this interactive session we will analyze WIP schedules and job results based upon the world and characters of some classic sitcom series, including the greatest show ever about nothing. 

This session will review different methods and criteria to sort and analyze your WIP and will engage attendees to share their insights. In addition, we will discuss best practices to communicate observations to your inside team as well as outside users of your financial statements in an effective manner.

Learning Objectives:
  • 1. Develop effective metrics and sorting of projects to analyze Work in Process Schedules and job results. Identify trends across projects based upon metrics such as region, job type, project size, customer, etc.
  • 2. Determine effective methods and strategies to communicate findings to management and project teams.
  • 3. Understand how your surety and external partners analyze and evaluate your WIP Schedule and trends.
  • 4. Identify effective sources, techniques and methods to compile the work-in-process schedule.
Standard: $49.00

Impairment iconImpairment

Preview Available


Dec 7, 2020 2:00pm ‐ Dec 7, 2020 3:15pm

Identification: COR2005

During 2020, many organizations including the SEC and the FASB have been talking about the economic risks of the COVID-19 pandemic. Among the economic risks it is always noted that each business should pay special attention to impairment indicators and calculations. External auditors also appear to be interested in more comprehensive assessments. This session will put context around the following questions and prepare business leaders to broadly understand how extensive this issue can be:

  1. Aside from goodwill and intangibles, what assets should be considered for impairment?
  2. What asset impairment process is required for various kinds of contractor assets?
  3. How do I determine fair value, and what are the GAAP and theoretical requirements around valuation?
  4. How do I avoid pitfalls in the impairment process?

Standard: $49.00

Tax Update iconTax Update

Preview Available

Tax Update

Dec 7, 2020 2:00pm ‐ Dec 7, 2020 3:15pm

Identification: COR2006

This session will provide a business and individual tax update including the CARES Act and current legislative environment as it pertains to the contractor as well as 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. We will also discuss some forward looking aspects regarding future potential income tax policy.

Participants will gain insight which will allow them to discuss and 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.

Standard: $49.00

Retail - State of the Market, Accounting Implications, and Tax Implications

Dec 7, 2020 2:00pm ‐ Dec 7, 2020 3:15pm

Identification: COR2007

Retail real estate is one of the most effected real estate sectors since the outbreak of Covid 19. 

In this session, panelists will: 

1. Describe the 2020 state of the retail real estate market and the accounting implications of Right of Use Asset Impairment. 

2. Discuss retail real estate and Abercrombie as a major retail tenant describe the most unusual year that is 2020.

Learning Objective:
  • This Session will describe the 2020 state of the retail real estate market and the accounting implications of Right of Use Asset Impairment
Standard: $49.00

Right-of-use (ROU) Asset Impairment Hot Topics - Accounting and Fair Value Considerations

Dec 7, 2020 2:00pm ‐ Dec 7, 2020 3:15pm

Identification: COR2008

This session will provide:

-An overview of the ROU asset impairment model.

-A deep dive into the complexities of evaluating ROU assets for impairment.

-A framework for determining whether and when ROU assets are abandoned for accounting purposes.

-A discussion of valuation challenges in the current, low-transaction environment.

-A discussion of actions that lessees are taking in the current environment to rationalize its lease portfolio (e.g., lease restructuring and termination, subleasing)

Learning Objectives:
  • Understand the ROU asset impairment model
  • Understand what constitutes abandonment of an ROU asset
  • Understand key fair value tenants and when to involve a specialist
  • Marteen Bryant, Senior Manager, Financial Accounting Advisory Services, EY
  • Jeremy Simons, Partner, Technical Accounting Advisory Group (TAAG), EY
​Speaker - Virtual(s):
Standard: $49.00

Why Construction Contractors Fail and How to Turn Around a Troubled Contractor

Dec 7, 2020 3:45pm ‐ Dec 7, 2020 4:35pm

Identification: COR2009

The construction arena is very volatile and subject to extreme reactions to the economy and various external and internal factors. A good or uncertain economy provides a contractor an equal opportunity to fail, just through different means.

This session aims to provide participants the knowledge on how to:

  • Identify primary causes for contractor failure
  • Identify problems and warning signs
  • Assess where the company is in the process of failure and or recovery
  • Formulate a plan and process for recovery
  • Implement recovery plan
  • Review case studies
Learning Objectives:

  • Recognize the primary causes for contractor failures
  • Understand how to identify warning signs
  • Implement the process for recovery

Standard: $49.00

Advanced Accounting and Financial Statement Topics

Dec 7, 2020 3:45pm ‐ Dec 7, 2020 4:35pm

Identification: COR2010

During this session, the speaker will discuss key topics impacting accounting and financial reporting for construction contractors.

Learning Objectives:
  • Identify some of the key accounting issues for construction contractors to consider.
  • Consider best practices for presentation and disclosure in financial statements.
Standard: $49.00

CFO Panel - Construction iconCFO Panel - Construction

Preview Available

CFO Panel - Construction

Dec 7, 2020 4:50pm ‐ Dec 7, 2020 6:05pm

Identification: COR2013

During this session, financial executives representing construction contractors of varied sizes and industries will be focused on:

1. What CFO’s are doing right now to deal with current risks and opportunities such as the COVID-19 pandemic

2. Disruption in construction end markets such as those related to oil production and transportation, 

3. The continuing skilled labor shortage, and technology steps that are being deployed to real benefit.

Standard: $49.00