Workforce segmentation: connecting workplace supply and demand iconWorkforce segmentation: connecting workplace supply and demand

Workforce segmentation: connecting workplace supply and demand

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

Identification: COR2139

It is important that real estate space planning be highly responsive to workforce planning. Pre-pandemic, many organizations over-provisioned space and operated in a business-as-usual approach when it came to facility planning. Innovative real estate solutions are rooted in a thorough understanding of the workforce and are designed to reflect how an organization needs to work to be successful. The pandemic has revealed that a greater level of job flexibility is sustainable and desirable for many, meaning that workplace strategies will account for a broad spectrum of work locations and arrangements moving forward. With this added complexity, conducting workforce segmentation analysis is a key first step toward a more defined plan for real estate needs. This session will provide examples of how organizations have leveraged the segmentation process to better understand the demand for space and accurately evaluate footprint requirements and long-term strategies.
Learning Objectives:
  • Discover the value of workforce segmentation.
  • Distinguish the different methodologies used to gather input and formalize segmentation strategy.
Category: Concurrent Session Onsite and Online
Real Estate Tax Update iconReal Estate Tax Update

Real Estate Tax Update

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

Identification: COR2140

The Real Estate Tax Update will cover real estate-related federal income tax authority and guidance issued over the last year, including legislative developments and proposals, court decisions on disguised sale transactions and cancellation of indebtedness income, and final regulations and IRS guidance related to like-kind exchanges, REITs, the business interest expense deduction limitations and depreciable lives of residential real property.

Category: Concurrent Session Onsite and Online
Why Construction Projects are Immune from Economy: Change Orders & Delays iconWhy Construction Projects are Immune from Economy: Change Orders & Delays

Why Construction Projects are Immune from Economy: Change Orders & Delays

Dec 8, 2021 1:50pm ‐ Dec 8, 2021 2:40pm

Identification: COR2141

Regardless of the vicissitudes of the economy, construction projects inevitably experience change orders and delays, which often result in unproductive and wasteful litigation. Managing the process correctly to avoid litigation is critical to a successful project. Understanding the contractual mechanisms for navigating the change order and delay process is the hallmark to achieving the finish line. This means properly staffing the project with individuals who understand the process and are capable of carrying it out. This course will provide the basic educational framework for recognizing changes and delays, and perfecting the parties' interests, while not jeopardizing project outcomes.
Learning Objectives:
  • Identify how to avoid litigation
  • Identify the processes of changes and delays to protect rights
Category: Concurrent Session Onsite and Online
The Accounting for Leases is Changing - How Contractors will be Affected iconThe Accounting for Leases is Changing - How Contractors will be Affected

The Accounting for Leases is Changing - How Contractors will be Affected

Dec 8, 2021 1:50pm ‐ Dec 8, 2021 2:40pm

Identification: COR2142

The FASB has issued ASC 842, Leases, which will require most leases to be recognized on the balance sheet and requires enhanced disclosures.  Public companies were required to adopt this new accounting policy in 2019, while private companies have to adopt the new standard in 2022.  As compared to the revenue recognition standard, it is expected that ALL contractors will be required to change its accounting policies for leases.  The time is now to learn how this will impact your company.
Learning Objectives:
  • Analyze how contractors in particular have found the adoption of ASC 82 to be challenging by using lessons learned from public companies who have adopted this standard.
  • Identify the basic rules for accounting for lease and rental agreements.
Category: Concurrent Session Onsite and Online
NFTs and the Future of Real Estate iconNFTs and the Future of Real Estate

NFTs and the Future of Real Estate

Dec 8, 2021 1:50pm ‐ Dec 8, 2021 2:40pm

Identification: COR2143

In this interactive panel, attendees will learn about Non-Fungible Tokens (NFTs), the impact of NFT Funds in real estate, reasons for the popularity of digital real estate, and how the real estate industry is changing.

Some of the discussion points that the audience will learn are:


  • Blockchain for beginners: Practical walkthrough and hands on exercise 
  • Understanding NFTs, NFT Funds, Digital Real Estate
  • Impact of NFTs and Digital Real Estate to the Overall Real Estate Industry
  • Future Trends and Outlook
Learning Objectives:
  • Illustrate NFTs, NFT Funds and digital real estate
  • Analyze the impact of NFTs and digital real estate to the overall real estate industry
  • Identify the basics of blockchain and cryptocurrency
Category: Concurrent Session Onsite and Online
CECL: What You Should Know iconCECL: What You Should Know

CECL: What You Should Know

Dec 8, 2021 1:50pm ‐ Dec 8, 2021 2:40pm

Identification: COR2144

During this session participants will learn the fundamental accounting framework for the new Current Expected Credit Losses Standard. We will also delve into best practices and lessons learned from public company adoption. While non-public companies have some time before the standard applies to them, this session will highlight the work that needs to be done prior to the standards effective date.
Learning Objectives:
  • Recognize the accounting framework for the new CECL Standard
  • Identify best practices with regard to adoption
Category: Concurrent Session Onsite and Online
Qualified Opportunity Funds: From basics to the complexities of today! iconQualified Opportunity Funds: From basics to the complexities of today!

Qualified Opportunity Funds: From basics to the complexities of today!

Dec 8, 2021 1:50pm ‐ Dec 8, 2021 2:40pm

Identification: COR2145

In December of 2017, codes section 1400Z-1 and 1400Z-2 (approximately 6 pages) became law. It was barely discussed for the first five months and then everyone noticed. Today this is one of the largest tax planning areas for real estate development.

John May, with DHG, will touch on the tax code, regulations, transaction structuring (for real estate), and discuss what he is seeing in the market.
Learning Objectives:
  • Identify the law and benefits of Qualified Opportunity Funds.
  • Determine the different structure formats, when to use them, and why they are important for real estate planning and structuring.
  • Identify complexities involved with codes section 1400Z-1 and 1400Z-2
Category: Concurrent Session Onsite and Online
CPA Malpractice - What is my risk in 2021? iconCPA Malpractice - What is my risk in 2021?

CPA Malpractice - What is my risk in 2021?

Dec 8, 2021 2:55pm ‐ Dec 8, 2021 3:45pm

Identification: COR2146

Sureties and banks have historically looked to the CPA profession as a reason for at least some of their losses when they relied upon audited or reviewed financial statements when providing credit to their customers and principals. This issue has significantly increased in 2021 due to COVID as many contractors and developers have felt the impact of the pandemic

And for you folks in industry, you must remember that you have an exposure equal to the CPA in public practice since you are responsible for the fair presentation of the financial statements

In this presentation, we will discuss why CPAs get sied and ways to prevent this terrible situation including a number of "real-life" stories.

Learning Objectives:
  • Distinguish through real-life examples what happens with CPA Malpractice
  • Identify the specific exposures CPAs have (both in public and in industry) with a special emphasis on risks in 2021
  • Identify the best ways to prevent being sued and losing a CPA malpractice lawsuit
Category: Concurrent Session Onsite and Online
Advanced Construction Accounting and Auditing Update (Repeat of COR2128) iconAdvanced Construction Accounting and Auditing Update (Repeat of COR2128)

Advanced Construction Accounting and Auditing Update (Repeat of COR2128)

Dec 8, 2021 2:55pm ‐ Dec 8, 2021 3:45pm

Identification: COR2147

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:
  • Identify some of the key issues and topics facing construction contractors from an accounting and financial statement perspective.
  • Use best practice considerations in working with advanced accounting issues, and identify key financial statement issues impacting the construction industry and contractor financial statements.
Category: Concurrent Session Onsite and Online
ESOP - An Objective Overview for the Construction Industry iconESOP - An Objective Overview for the Construction Industry

ESOP - An Objective Overview for the Construction Industry

Dec 8, 2021 2:55pm ‐ Dec 8, 2021 3:45pm

Identification: COR2148

This session will cover what a contractor needs to know when considering an ESOP as part of a succession/continuity and ownership transfer strategy. This session will provide an analysis from beginning to end so that there are no surprises, and will assist the contractor in knowing what questions to ask and how to analyze an ESOP alternative in a construction environment

Learning Objectives:
  • Define an ESOP and its functionality
  • Identify the myths, transaction structures, and tax efficiencies of ESOPs as well as how to communicate to the bonding company
  • Review ESOPs for S and C corporations, ESOP trustees, ESOP valuation, and ESOP as an exit strategy, as well as what questions to ask
  • Recognize how to hold your advisors accountable and how to analyze a Phase 1 ESOP feasibility report
Category: Concurrent Session Onsite and Online