CPAs and industry leaders share their diverse perspectives on how construction is impacted by changes in accounting regulations.
DESIGNED FOR
CPAs in public practice, CFOs, controllers, attorneys, contractors or construction industry specialists
BENEFITS
Learn instructive information and guidance to help prepare you for new industry developments and upcoming changes in accounting, auditing, taxation, operations and financial management best practices.
HIGHLIGHTS
This conference is presented by the Florida Institute of CPAs (FICPA) in cooperation with the NJCPA.
8-9:30 a.m.
State of the Construction Industry (1.5 SK)
Michele Daugherty, President, CEO - ABC Central Florida
This session will review construction-related economic data and trends, such as construction backlog, local and federal data on construction spending, material inflation, employment, job openings, GDP and the producer price index.
9:40-11 a.m.
Accounting and Auditing Update (1.5 AA)
Ronald Martino, CPA, CCIFP - WithumSmith+Brown, PC
This session provides a refresher and understanding, relevant to practitioners and public accountants servicing contractors, of select current and soon to be effective Statements on Auditing Standards through No. 148 and Statements on Standards for Accounting and Review Services No. 25 and No. 26. The course revisits ASC 842 – Leases with construction specific content and clarifications on related party lease presentations.
11:10 a.m.-12 p.m.
Top 10 Security Concerns for Decentralized Businesess like Construction Companies (1.0 SK)
Joe Moffa, Esq. - Moffa, Sutton & Donnini, P.A.
Discover what cybersecurity concerns exist for decentralized businesses and how to develop risk mitigation, certification, and compliance management strategies. This session will bring real life examples of attacks and breaches as well as discussion with management to increase security postures.
12-12:50 p.m.
Lunch Break
12:50-1:40 p.m.
ASC 842, Leases - A Practical Look (1.0 AA)
Katherine Nicole Bender - Berman Hopkins Wright & LaHam CPAs
This session will go beyond reciting the standard requirements and provide real life implementation examples based on past experiences.
1:50-2:40 p.m.
Building a Stronger Future: How Modern Accounting Processes and Technology are Transforming the Construction Industry (1.0 SK)
Laurence Bernstein, CPA - Proseer Inc.
Explore how modern accounting processes and technology are driving business transformation in the construction industry. Discover the latest innovations and best practices for leveraging technology in construction accounting, with real-world examples. Gain insights into the future of construction accounting and how to stay ahead of the curve. Leave with strategies and actionable steps to implement technology in your organization, enabling greater efficiency and profitability.
2:50-4:30 p.m.
Best Practices in the Construction Industry (2.0 SK)
Dan Levine, CPA, CGC - High Road Construction
Derrick Valkenburg - Shutts & Bowen LLP
Susan Reich - Florida Surety Bonds
Mary Richards - Kaufman, Rossin & Co, PA
Get ready for a lively discussion on a number of topics affecting today's construction contractor and the construction industry as a whole. Our panelists are eager to share their insights and field questions from the conference attendees.
COURSE LEVEL
Basic