Lookback Taxes, is it time to revisit your understanding?

Dec 8, 2022 11:10am ‐ Dec 8, 2022 12:00pm

Identification: COR2220

When was the last time you assessed your understanding of Lookback? Whether you could use a refresher or this is your visit class on it, learn what it is and which of your clients it impacts.

Learning Objectives:
  • Identify what lookback is and how it applies to the Construction Industry.
  • Determine what the filing requirements are & how to calculate.
  • Analyze when it does not apply.
Category: Concurrent Session Onsite and Online

Real Asset Impairment: Indicators, Measurement, and the Current Market

Dec 8, 2022 11:10am ‐ Dec 8, 2022 12:00pm

Identification: COR2222

This session will explore the fundamental drivers of market & property changes, where the major asset classes currently stand in the real estate cycle, tips for identifying possible signs of impairment, and the two models for testing recoverability. The session will include examples, brain teasers, and Q&A.

Learning Objectives:
  • Analyze the fundamental drivers of market & property changes
  • Identify where the major assets classes currently stand in the real estate cycle
  • Determine possible signs of impairment
  • Use the two models for testing recoverability
Category: Concurrent Session Onsite and Online

REPLAY: Welcome Remarks | Keynote - No Time to Buy

Dec 8, 2022 12:00pm ‐ Dec 8, 2022 1:00pm

Identification: CORK2201-REPLAY

This presentation will supply in-depth analysis of the major factors shaping economic outcomes, including elevated inflation, lingering pandemic, worker shortages, war in Europe, rising interest rates, and stepped up infrastructure spending. It will then turn toward a forecast for the year to come: Is there more growth in our future, or is another recession on the way?

Learning Objectives:
  • Recognize the manner in which COVID-19 impacted global, national, and regional economies.
  • Identify likely long-term structural shifts impacting key economic segments.
  • Indicate several sources of future economic risk.
  • Identify the likely pace of economic recovery in 2022 and beyond.

Accounting for Joint Ventures in Construction

Dec 8, 2022 12:10pm ‐ Dec 8, 2022 1:00pm

Identification: COR2224

Joint ventures continue to be prevalent in current times. This session will explore the reasons why contractors enter into joint ventures.

Learning Objectives:
  • Analyze the reasons why contractors enter into joint ventures.
  • Recognize why ventures continue to be prevalent in current times.
Category: Concurrent Session Onsite and Online

Cybersecurity Trends

Dec 8, 2022 12:10pm ‐ Dec 8, 2022 1:00pm

Identification: COR2225

This session will explore the current state of cybersecurity, cybercrime, and fraud faced by today’s real estate and construction companies. We will discuss hacker motivations and attack vectors, examine case studies, and collaboratively share successful cyber risk management strategies to safeguard your data, systems, and processes.

Learning Objectives:
  • Recognize key weaknesses in IT systems and operational processes that allow major breaches to occur.
  • Identify common hacker methodologies.
  • Formulate strategies for their organization to prevent or mitigate the risks posed by breaches.
Category: Concurrent Session Onsite and Online

1031 Strategies

Dec 8, 2022 12:10pm ‐ Dec 8, 2022 1:00pm

Identification: COR2227

This session will address current developments and trends in like-kind exchanges of real property under section 1031.

Participants will learn (1) to identify opportunities for sales of real property through like-kind exchanges and (2) to analyze the many requirements for a transaction to qualify as a tax-free like-kind exchange.

Learning Objectives:
  • Identify opportunities for sales of real property through like-kind exchanges.
  • Analyze the many requirements for a transaction to qualify as a tax-free like-kind exchange.
Category: Concurrent Session Onsite and Online

Developing an Industry-Niche CPA Practice

Dec 8, 2022 1:00pm ‐ Dec 8, 2022 2:15pm

Identification: COR2209

Developing a niche practice is a way firms can distinguish themselves from the competition and achieve more rapid, predictable growth. There are various approaches a firm can use to develop a niche practice including focusing on a specific industry, service line, or market need. The challenge of determining when and how to focus is one that plagues many firms. This is particularly true for generalist firms seeking to build a more vigorous (and profitable) practice.

In this session, Christine Hollinden, CPSM, will help you explore your own niche opportunities, including a proven process designed to select and build a niche practice. We’ll deep dive into the strategy and development of a niche practice including where to begin, best practices for growth, and expectations on timing.

Learning Objectives:
  • Assess how to identify a niche practice area.
  • Differentiate the role of niche practices in firm growth.
  • Evaluate the steps to building a niche.
  • Interpret best practices in growing a niche practice.
  • Formulate expectations for building or expanding a niche practice.
Category: Concurrent Session Onsite and Online

Emerging Trends in Real Estate

Dec 8, 2022 1:00pm ‐ Dec 8, 2022 2:15pm

Identification: COR2210

Emerging Trends in Real Estate (ET) is the longest-standing independent industry forecast. ET is a joint publication of PwC and ULI. Gaining perspective from nearly 1,000 interviews and survey responses from CRE market participants, ET is recognized as the most-durable forecast in the sector.

Learning Objectives:
  • Analyze an economic snapshot.
  • Assess commercial real estate institutional sentiment.
Category: Concurrent Session Onsite and Online

FASB Update

Dec 8, 2022 2:25pm ‐ Dec 8, 2022 3:40pm

Identification: COR2216

Join Mike Cheng for a Financial Accounting Standards Board (FASB)
update. This discussion will focus on recent changes that impact
financial reporting in the upcoming year and beyond.

Learning Objectives:
  • Analyze recent changes that impact financial reporting in the upcoming year and beyond.
  • Recognize updates related to Financial Accounting Standards Board (FASB).
Category: Concurrent Session Onsite and Online

Opportunity Zones

Dec 8, 2022 2:25pm ‐ Dec 8, 2022 3:40pm

Identification: COR2215

The session will first provide a brief overview of the Qualified Opportunity Zone program.  In addition, presenters will review the following:

1. the state of the QOZ market;

2. structuring qualified opportunity zone funds and qualified opportunity zone businesses to meet regulatory requirements; and

3. potential upcoming legislation

Learning Objectives:
  • Analyze the state of the QOZ market
  • Determine how to structure qualified opportunity zone funds and qualified opportunity zone businesses to meet regulatory requirements
  • Identify potential upcoming legislation
Category: Concurrent Session Onsite and Online