Advanced Construction Accounting and Auditing Update (Repeated in COR2147)

Dec 8, 2021 9:10am ‐ Dec 8, 2021 10:00am

Identification: COR2128

This session will cover current accounting and audit topics, including advanced accounting topics, and other key issues impacting the construction industry and the financial statements of construction contractors.
Learning Objectives:
  • Distinguish some of the key issues and topics facing construction contractors from an accounting and financial statement perspective.
  • Apply best practice considerations in working with advanced accounting issues, and distinguish key financial statement issues impacting the construction industry and contractor financial statements.
Category: Concurrent Session Onsite and Online

Employee Retention Tax Credit, did you fully capture?

Dec 8, 2021 9:10am ‐ Dec 8, 2021 10:00am

Identification: COR2129

The Employee Retention Tax Credit has been valuable for some, seemingly out of reach for others.  Before we close out the calendar year, hear a solid and easy to follow overview of the ERTC.  It's not too late.  





Learning Objectives:
  • Recognize the rules to ensure you didn't leave anything on the table.
  • Identify any opportunities previously unknown or unclear to you.
  • Learn the steps to take to determine eligibility.
Category: Concurrent Session Onsite and Online

Cybersecurity

Dec 8, 2021 9:10am ‐ Dec 8, 2021 10:00am

Identification: COR2130

About a quarter of corporate breaches are related to insiders, who have much more access to information than in the past thanks, in part due to cloud collaboration tools and a proliferation of platforms adopted across an organization. This discussion will feature industry experts who have developed insider threat programs for both government and corporate clients. The discussion will cover both the current state of insider threats, contemporary case examples, and effective steps for building your own insider threat program.

Learning Objectives:
  • Understand the risks from insider an organization
  • Discuss useful practices for mitigating insider risk
  • Develop effective legal and regulatory responses to insider risk matters
Category: Concurrent Session Onsite and Online

Real Estate Valuation Post COVID

Dec 8, 2021 9:10am ‐ Dec 8, 2021 10:00am

Identification: COR2131

Valuation continues to be a focus of regulators, investors, auditors, and other stakeholders. Despite the COVID 19 pandemic, many asset classes performed exceptionally well, some plummeted, but many of those that did are recovering quickly. However, valuation challenges remain as transaction activity among some asset classes remain low and forecasting revenue and near-term capital expenditures continues to be difficult.

Learning Objectives:
  • Identify an understanding of valuation concepts and methods related to real estate
  • Identify the key inputs and assumptions used in developing a valuation estimate
  • Summarize the connection between key inputs and assumptions with market transactions, primary and third-party data
  • Review reasonableness of value conclusions
Category: Concurrent Session Onsite and Online

How to Prepare a Construction Company to Sell and the M&A Process

Dec 8, 2021 10:30am ‐ Dec 8, 2021 11:45am

Identification: COR2133

The session is designed to provide a comprehensive overview of how to prepare a contractor for sale. The presentation will start with a discussion of the pre-transaction process of getting a contractor ready for a transaction including associated readiness considerations. We will provide a detailed overview of the mergers and acquisitions process and the role of the investment banker. This overview will encompass a framework of the sales process and time line from marketing the contractor, receiving and negotiating a letter of intent and the due diligence process to ultimate closing.
Learning Objectives:
  • Analyze conditions leading to sale and the steps in developing a successful plan to sell a contractor
  • Identify the financial & non-financial transaction readiness considerations
  • Determine the various advisors that should assist a business owner in the sale process and their respective roles
  • Identify the substantive process steps and the associated timing to accomplish these steps for the sale of a private company
  • Identify the key items that a private company seller should focus on during the sale process in order to ensure an optimal outcome is achieved
Category: Concurrent Session Onsite and Online

Audit & Accounting Panel

Dec 8, 2021 10:30am ‐ Dec 8, 2021 11:45am

Identification: COR2134

Our panel will cover Construction Accounting and Auditing issues. The audience will:

Learn about hot topics affecting construction and engineering companies in the current environment

  1. Learn about trends in the auditing of construction contractors
Category: Concurrent Session Onsite and Online

ESG in Real Estate

Dec 8, 2021 10:30am ‐ Dec 8, 2021 11:45am

Identification: COR2135

This session provides an introduction to key ESG concepts and an overview of ESG reporting trend, regulatory update, specifically for the real estate and construction industries.

Learning Objectives:
  • Recognize key ESG concepts and terminology specifically for Real Estate
  • Describe the ESG reporting trend and regulatory update
  • Explain the challenges of ESG reporting and roles of accounting professionals in ESG reporting
Category: Concurrent Session Onsite and Online

Emerging Property Sectors

Dec 8, 2021 10:30am ‐ Dec 8, 2021 11:45am

Identification: COR2136

The COVID environment has significantly influenced the demand drivers across the entire spectrum of commercial real estate.  For certain niche property types, there has been an acceleration of trends that were building momentum prior to the pandemic related impact.  We will hear from industry experts that invest in some of the most exciting emerging property sectors, such as data centers, life science real estate, and affordable housing.

The panel will discuss the fundamentals of these niche property types, how the pandemic has influenced the demand from users and capital flows from investors.
Category: Concurrent Session Onsite and Online

Joint Ventures for Contractors

Dec 8, 2021 12:45pm ‐ Dec 8, 2021 1:35pm

Identification: COR2137

Joint ventures continue to be prevalent in current times. This session will explore the reasons why contractors enter into joint ventures. 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.
Learning Objectives:
  • Identify how to account for Joint Ventures in Construction
  • Identify the unique operational issues that effect accounting for Joint Ventures
Category: Concurrent Session Onsite and Online

Year-End Planning for Contractors

Dec 8, 2021 12:45pm ‐ Dec 8, 2021 1:35pm

Identification: COR2138

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 before year end and taking advantage of income tax methods, deductions and deferrals available.
Learning Objectives:
  • Identify the approach to pre-year end tax planning in order to provide timely and meaningful recommendations to Company or contractor clients
  • Prepare attendees for pre year-end tax planning utilizing a proactive approach
Category: Concurrent Session Onsite and Online