Construction Industry Conference (CIC)
8.0 Credits
Member Price $395.00
Non-Member Price $545.00
Overview
Roll up your sleeves and prepare to build on your foundational knowledge in the specialized field of construction accounting. Since its founding, this conference has become an annual must-attend event for accountants, CPAs, and other professionals working with the construction industry. This year promises to be no exception.
Leaders from the public and private sectors will share their diverse perspectives on the impact accounting regulations have on the construction industry. We’ll offer the latest information and guidance to help prepare you for new industry developments and upcoming changes in accounting, auditing, taxation, operations, and financial management best practices.
Earn 8 CPE while you learn from the comfort and convenience of your home or office.
CPE Credit
This conference qualifies for up to 8 hours of CPE credit and is subject to change. CPE credit is subject to approval by the Florida Department of Business and Professional Regulation.
$tack the $avings!
In addition to FICPA member discounts, save an additional 10% when registering five to seven from your organization and 15% on eight or more. Call Member Services for more information: 850-224-2727.
FICPA Members save even more. Not a member? Join today at ficpa.org/JoinToday.
Social Media
Follow the FICPA on Linked in, Facebook, Instagram and X and share news about this conference using the hashtag #FICPACIC.
Cancellation Policy
We love to see you commit to the Virtual Construction Industry Conference early, but know sometimes life forces schedules to change. If that happens, you have options. Please let our member services team know which option you select below:
- Receive a full refund to your original payment method, transfer your balance to a future event, or place money on account by canceling before October 15th, 2025. Call or email MSC at msc@ficpa.org or call 850-224-2727.
- Receive a partial refund to your original payment method, transfer your balance to a future event, or place money on account, minus the event cancellation fee of $55 by canceling on or after October 15th, 2025. Call or email MSC at msc@ficpa.org or call 850-224-2727.
Please review the FICPA CPE Policies for additional information: CPE Policies
Highlights
- State of the Construction Industry
- Construction Tax
- Payroll Taxes
- Valuation
- Sales Tax in the Construction Industry
Prerequisites
None.
Designed For
CPAs, accountants and finance persons working in the construction industry.
Objectives
- Address Sales Tax in the Construction Industry
- Gain Insight in Best Practices in the Construction Industry
- Examine Construction Tax
Preparation
None
Notice
We are thrilled to announce that this conference will be held virtually. This format allows participants from around the world to join us from their own homes or offices, ensuring easy access to all sessions, workshops, and networking opportunities. We look forward to connecting with you online for a memorable and enriching experience.
Wednesday, October 29th
General Session
- State of the Construction Industry
Michele Daugherty, President & CEO, ABC Central Florida, Associated Builders and Contractors,Michele Daugherty
Michele Daugherty is the President/CEO of Associated Builders and Contractors, Central Florida Chapter. Associated Builders and Contractors (ABC) is a national construction association representing more than 22,000 members nationwide. Michele helps members develop their people, win work and deliver that work safely, ethically, and profitably for the betterment of the communities in which they work and live.
Michele has spent the past two decades focused on creating career & advancement pathways for others. Prior to leading ABC Central Florida, she spent 17 years as the President/CEO of the ABC Northern California and Nevada Chapters. Under her leadership ABC has continued to grow as a workforce development leader expanding state and federally approved Apprenticeship and Craft Training programs across the country. Michele is committed to educating the current and future workforce and values the importance of educating today’s youth on the benefits of careers in construction.
Michele is a certified Master Trainer for the National Center for Construction Education and Research. She was formerly the Director of the University of Nevada, Reno College of Business Advising Center and was appointed for multiple terms to the State of Nevada Apprenticeship Council. Fun fact - Michele got her start working in a Gold Mine. Michele resides in Orlando with her husband of 18 years and is the proud mother of two boys Seventeen and Eleven. One of Michele’s favorite sayings is, “I put on my boots and broke concrete to break the glass ceiling!”
This presentation 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.
Credits: 1.5 - Technical Business
This session is available to registrants only.
General Session
- Sales Tax in Construction
Richard Hedley Jr, Partner, Brown Edwards & Company LLPRichard Hedley Jr
James Sutton Jr
James Sutton has 35+ years of experience working in State and Local Tax ("SALT"). Since 2002, Mr. Sutton has been an Adjunct Professor of Law at Stetson University College of Law teaching State and Local Tax and Accounting for Lawyers. Mr. Sutton ventured into the realm of construction as part owner, CFO, and in-house counsel for two construction companies, one residential and one commercial, giving him the opportunity to experience the "big picture" with all aspects of business and an improved ability to see things from a business owner's perspective. Mr. Sutton was also the Chairman of the FICPA State Tax Committee 2022 to 2024 and now dedicates his time defending companies and individuals against the aggressive tactics of the Florida Department of Revenue.
This session focuses on the sales and use tax implications for the construction industry with a focus on both Florida and Virginia.
Learning Objectives:
- To understand the difference between real property contracts and the sale of tangible personal property
- To understand the dangers of Florida Public Works Contracts
- To learn variations in sales tax in VA vs FL
Credits: 1 - Technical Business
This session is available to registrants only.
General Session
- CPA Monetization: Strategies for Firm Growth Through the Implementation of Specialty Tax
Cindy Blumenfeld, Director of Business Development, Engineered Tax Services, Inc
Cindy Blumenfeld
After receiving her BA from Farmingdale University in New York, Cindy went on to build a strong foundation in finance and real estate which compliments her role as Sales Director for Engineered Tax Services, a company that specializes in providing a wide spectrum of engineered accounting solutions. Ms. Blumenfeld is devoted to the conservation of resources and Green Building Environment and works closely with the dedicated team of ETS professionals skilled in engineering, architecture and accounting to deliver cost segregation studies, energy tac credits, Green Building and LEED building engineering services nationally.
Cindy is committed and focused on educating the CPA, Financial advisor and Real Estate Investor Community on engineered accounting services and the related tax consequences of these services. As an expert in her field, she seeks to local AIA and FICPA chapters on cost segregation studies, green construction and the emerging energy tax programs and has produced articles for many CPA and Real Estate Investment Publications nationally.
We take pride in partnering with CPAs to help maximize tax incentives for their clients, driving business growth through best practices and strategic use of the ever-changing tax code for property owners and developers.
Learning Objectives:
- Engineered Cost Segregation Studies- 100% Bonus Depreciation
- 179D Energy Tax Deductions
- R&D Tax Credits
Credits: 1 - Accounting and Auditing
This session is available to registrants only.
General Session
- Tariffs and Recent Developments
Michael Cornett, Managing Director, FORVIS MAZARSMichael Cornett
Mike is a managing director in the Forvis Mazars Washington National Tax Office. He has more than 40 years of experience in federal taxation, including 37 years in international taxation. In his role with WNTO, he handles international tax, tax legislative policy, and trade policy.
Mike has worked with several major law firms and the national offices of two international accounting firms. He was a special counsel to the associate chief counsel (international), where he advised on regulations, revenue rulings, and PLRs.
Mike is a graduate of University of Notre Dame, Indiana, with a B.S. degree in accounting; a graduate of The University of North Carolina at Chapel Hill, with a J.D. degree; and a graduate of Georgetown Law, Washington, D.C., with an LL.M. degree.
Will provide a basic overview of tariffs and stratagies companies are considering to reduce tariffs. Will also address recent developments including the recent case in the US Court of Appeals for the Federal Circuit on reciprocal tariffs.
Learning Objectives:
- Basis understanding of tariff concepts.
- Basic understanding of tariffs mitigation strategies.
- Discuss recent case on tariffs and what will happen at the Supreme Court in November.
Credits: 1 - Accounting and Auditing
This session is available to registrants only.
General Session
- A&A Update
Mari Huff, Mari Huff, CPA, PAMari Huff
Mari Huff is a graduate of Florida Atlantic University and holds a Bachelor of Business Administration with a major in Accounting. She holds a Florida CPA license as well as a CVA license issue by NACVA. She founded the Firm in 2007 and specializes in the construction audits, reviews, and tax services. She also offers Business Valuation and Litigation Support Services across most industries, including construction. She is a former board member and current finance committee member of the Treasure Coast Builders Association (TCBA); the treasurer (and 18-year Board member) of the Sailfish Chapter of the FICPA; a member of the Indian River State College Business Advisory Board; and the treasurer of the Housing Solutions Council.
This course will cover updates and current standards and best practices when providing accounting and attest services to construction clients and within the construction industry.
Learning Objectives:
- Updates on how to properly account for construction contracts on your financial statements
- Updates on the most common disclosures seen in CPA prepared financial statements in the construction industry
- Updates on important financial analytics related to construction accounting
Credits: 1 - Accounting and Auditing
This session is available to registrants only.
General Session
- Key Elements of Valuing a Construction Company
Billy Robinson, Partner and Firm Coordinator of Construction and Business Valuation Services, Brown EdwardsBilly Robinson
Billy is a Partner and the Firm Coordinator of Construction and Business Valuation Services in our Kingsport, Tennessee office. He has extensive experience with construction companies and ESOPs, including general contractors, heavy highway, and specialty trade. Billy has provided assurance and consulting services to construction and ESOP companies ranging in size from $1M to $650M in annual revenue.
Billy graduated from the University of Virginia’s College at Wise with a Bachelor of Science in Accounting and a Minor in Criminal Justice. He is a member of the American Institute of Certified Public Accountants, the Virginia Society of Certified Public Accountants, the Construction Financial Management Association, the Associated General Contractors of Virginia and Tennessee, and the Virginia Transportation Construction Alliance.
Billy has twice been named a “Super CPA” by Virginia Business magazine and is a Certified Public Accountant in Virginia and Tennessee. He was recognized by the Tri-Cities Business Journal and by CFMA nationally as a Top 40 under 40 business leader. He has been a CCIFP since 2014 and has been accredited in Business Valuation since 2024.
This session offers a comprehensive look at how construction companies are valued in today’s market. Designed for industry professionals, the presentation demystifies the valuation process and highlights how financial performance, risk, market conditions, and operational factors influence company value.
Learning Objectives:
- Identify key elements of strategic planning, financial discipline, and risk management that directly impact company value.
- Explain core valuation concepts and their role in guiding informed business and investment decisions.
- Apply valuation principles to evaluate strategies that support long-term organizational success and resilience.
Credits: 1 - Accounting and Auditing
This session is available to registrants only.
General Session
- Live Panel Discussion - Best Practices in the Construction Industry
Joseph Jones, Berman Hopkins Wright & LaHam, CPAsJoseph Jones
Joe Jones is an accomplished accounting professional with over a decade of success in public accounting. As an Audit Partner at Berman Hopkins, he brings extensive experience working with companies of all sizes across industries. His expertise in navigating complex accounting and compliance challenges has been instrumental in delivering high-quality audit services. Joe has concentrated his efforts on numerous engagements, with a strong focus on clients in the aerospace, construction, and defense sectors. Additionally, he leads the firm’s Construction Advisory Services team, providing strategic guidance tailored to the unique financial and operational needs of contractors.
Jason Harrell
Jason Harrell is the FICPA Chief External Affairs Officer responsible for leading all aspects of the Institute’s public policy, advocacy, governmental affairs and regulatory affairs. He serves as the liaison to the DBPR and Board of Accountancy and is responsible for all advocacy-related external communications and campaigns to increase the value of the CPA license. Jason brings numerous years of experience to this role, previously serving as director of government relations for Florida Court Clerks and Comptrollers Association and budget and communications director for the Clerks of Court Operations Corporation, serving in key roles under two Speakers in the Florida House, and serving in the Executive Office of the Governor in the Office of Policy and Budget and Chief Inspector General’s Office.
Nathan Reich
Nathan, studied Business at the University of North Florida in Jacksonville. He was a financial analyst out of college for Novitas Solutions and later joined the Florida Surety Bonds in 2015. Nathan is an experienced financial analyst and has successfully completed the National Association of Surety Bond Producers (NASBP) Surety School for underwriting training. Nathan provides valuable financial analysis to our staff and clients.
Robert Nevill
Robert Nevill is a Partner in the Orlando office of Berman Hopkins and is in charge of the firm’s construction practice. He brings a wide variety
of accounting experience in both public and private sectors to the firm.
Robert has been recognized for enhancing client business processes. His experience in the private sector includes being responsible for all
accounting activity at a multi-tiered real estate development company with an international parent and helping a company raise capital through new equity and primary debt facilities. Robert has spent several years in public accounting where he has worked on a wide variety of engagements including numerous audits for construction,
real estate, not-for-profit, government, healthcare, and SEC clients. He is also the author of several construction-related articles which have been
published in national magazines.
Panel members with a variety of professions within the construction industry field topical questions and provide current and real-world answers.
Credits: 1.5 - Accounting and Auditing
This session is available to registrants only.
Non-Member Price $545.00
Member Price $395.00