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Construction Industry Conference (CIC)

 
Date:Friday, October 20, 2017
Time:9:00am - 4:10pm
(Registration at 8:00am )
Facility:Renaissance Orlando Hotel - Airport, Orlando
CPE Credit:Accounting and Auditing
Technical Business
Instructors: Alan K. Clark, CPA, MBA Andrew Copeland, CPA Marcus R. McKerley Ridge Miller Daniel A. Nieda, CPA/ABV Kenneth M. Rios, JD,MBA Randal G. Stutzman James H. Sutton Jr, CPA, Esq., LLM (TAX) Eric P. Wallace
Vendor:Florida Institute of CPAs
Course Level:Update
Early Bird Price:$355.00 FICPA Members, $480.00 Non-Members
Regular Price:$410.00 FICPA Members, $535.00 Non-Members on 9/20/2017

Description:
Letter From Bill Thomas - Conference Chair

Welcome to the 2017 FICPA Construction Industry Conference! Every year – without fail – this event is a highlight of the annual calendar for CPAs working with the construction industry. This year promises to be no exception. We are again offering the Tax and Audit Boot Camp, popular with last year’s conference attendees.

We are pleased to have a healthy mix of CPAs from both private and public accounting firms, as well as construction industry leaders, which will give us a diverse perspective on how construction is impacted by changes in accounting regulations. Whether you’re a CPA in public or private practice, a CFO, controller, attorney, contractor or construction industry specialist, this year’s conference will offer 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.

Our presenters this year include some of the most recognized experts in the accounting industry. Eric Wallace, a nationally recognized expert and author of many CCH Topic Pages, will take us through the implementation of the new GAAP for Revenue Recognition. Andrew Copeland, who is always educational as well as entertaining, will offer attendees great information on risk assessment and the process of auditing a WIP schedule to determine Profit Fade/Gain. Our Industry Outlook will be presented during lunch.  This year, we are also going to tackle a unique issue – Sales and Use Tax in the Construction Industry.

As always, CPAs working in the construction industry face a multitude of new and evolving issues. The FICPA is dedicated to providing you with the information and tools you need to succeed! 

We invite you to roll up your sleeves and prepare for a full day of learning, discussion and engagement in the specialized field of construction accounting.

Sincerely,

Bill Thomas
Chair, Construction Industry Conference
Associate Director, Construction Consulting Practice | Berkeley Research Group, LLC


CPE Credit:

This conference qualifies for 4 Accounting & Auditing (AA), 4 Technical Business (TB) hours of CPE credit and is subject to change. CPE credit is subject to approval by the Florida Department of Business and Professional Regulation.


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Objectives:
  • Focus on topics specific to the construction industry
  • The course explores the concept of performance management in the construction industry including the use of KPI's and dashboard to achieve desired results.Name several tools and resources available to those in the construction industry 
  • Discuss the top ten contractor tax breaks


Major Topics:
  • KPI's and Dashboards 
  • Tax Update
  • Revenue Recognition GAAP Gauntlet 
  • Risk Assessment


Who Should Attend:
CPAs with an interested in the construction industry

Prerequisite:
Some familiarity with accounting, auditing, and financial management in the public sector


Note:
Promos

First Time Attendees

* NEWCIC17 promo code offer valid for first-time Construction Industry Conference attendees, applies to in-person or simulcast registration and does not apply to non-member fees. Discount cannot be combined with other offers or applied to prior purchases/registrations.

YCPA

** YCPACIC17 promo code offer valid for Young CPAs (age 36 and under) attending the Construction Industry Conference, applies to in-person or simulcast registration and does not apply to non-member fees. Discount cannot be combined with other offers or applied to prior purchases/registrations.


Session/Options

If listed below, select the appropriate sessions or options to continue with your purchase.

Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.
Friday, October 20, 2017
Registration & Continental Breakfast
6:30am-8:50am
Boot Camp
If selected there is an additional $25 fee per session.
Boot Camp: Tax Construction 101 (Additional $25 fee)
Time: Friday 7:00am - 7:50am    Credits: 1.0 TB


Boot Camp: Construction Auditing 101 (Additional $25 fee)
Time: Friday 8:00am - 8:50am    Credits: 1.0 AA


Morning General Sessions
Opening Remarks
Time: Friday 8:50am - 9:00am    Credits: 0


Morning Concurrent Breakouts (select one)
9:00am-9:50am
Breakout 1: Implementing Performance Management - Managing Your Construction Business Through KPI's and Dashboards
Time: Friday 9:00am - 9:50am    Credits: 1.0 TB


Breakout 2: Sales/Use Tax - Construction
Time: Friday 9:00am - 9:50am    Credits: 1.0 TB


Morning General Session
Revenue Recognition GAAP Gauntlet - CPA's Blessing or Apocalypes? Guide on How to Implement and How to Avoid Considerations and Checklists
Time: Friday 9:50am - 11:30am    Credits: 2.0 AA


Luncheon Presentation
Lunch Presentation: A Look at What's Happening in the Florida Construction Industry
Time: Friday 11:30am - 12:40pm    Credits: 1.0 TB


Afternoon General Sessions
Current Tax Issues in Construction: Tax Code Changes/Tax Planning/Look Back Calculations
Time: Friday 12:45pm - 2:25pm    Credits: 2.0 TB


The Latest & Greatest About Risk Assessment, Work-in-Process & Job Fade
Time: Friday 2:45pm - 4:25pm    Credits: 2.0 AA