Common Interest Realty Associations Virtual Conference (CIRAWEB)

CIRA 22 Online Banner_REVISED
CIRA 22 Online Banner_REVISED
Thursday, December 15, 2022 - Friday, December 16, 2022
Webcast or Webinar, Online
8:00am - 5:05pm (opens at 8:00am) EST
16Credits
Accounting and Auditing and Technical Business

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Members
$505.00 Regular Price
Non-Members
$755.00 Regular Price
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Course Type: CPE Conferences
Course Code: 22/CIRAWEB
Vendor: Florida Institute of CPAs
Field of Study: Auditing, Accounting, Specialized Knowledge, Information Technology, Taxes

Overview:

Take Advantage of Early Bird Discounts for this ONLINE event!

Groups of 5-7 from the same organization receive 15% off!  8 or more 20%!

Call MSC at 800-342-3197

Common Interest Realty Associations total almost 50,000 in the State of Florida, housing over 9,000,000 people and collecting and spending hundreds of millions of dollars each year in maintenance assessments and reserves. The have a direct impact on our economy and CPAs who practice in this field must be well trained in the unique world of accounting that is CIRA accounting. Serving dual masters of both GAAP as well as Florida Statute and Florida Administrative Code, CPAs who practice in this field must stay abreast of the myriad of changes that impact this field of practice.

Join us for 2 days virtually of the 20th Annual FICPA CIRA Conference. This two day virtual conference will kicks off with an Accounting and Auditing Update Related to CIRA by Bruce Nunnally. What follows will be two full days of education and updates focused solely on the CIRA Industry and topics relevant to CPA practitioners in this field: A&A Update and Federal Tax Updates, Reserves, Developer turnover, CIRA Legislative and Legal Update, Sales Tax, Peer Review, SAS Nos 134-140, and more.

CPAs must know the complex issues faced by common interest realty associations to serve them well. At the annual two-day CIRA Replay Conference, hear from regulators, attorneys, reserve specialists, and CPAs specializing in this industry.



Twitter

Follow the FICPA on twitter @ficpa and use #ficpaCIRA to tweet about this conference.


Schedule:

Thursday, December 15, 2022

Opening Remarks & A&A Update Related to CIRA

Time: Thursday 8:05am - 10:00am Credits: 2 AA

Bruce Nunnally, CPA, CGMA, Partner, Carr, Riggs & Ingram, LLC

We will review changes in professional standards specifically as they relate to CIRAs

Presenters:

Break

Time: Thursday 10:00am - 10:10am

Required Auditor Communications

Time: Thursday 10:10am - 11:00am Credits: 1 AA

Alan Jowers, CPA, Partner, Carr, Riggs, Ingram, LLC; Huber Rojas

This session will cover the communications required by AU-C Sections 260 and 265. This will include, among other things, changes to the communications as a result of recently issued auditing standards.

Presenters:

Break

Time: Thursday 11:00am - 11:10am

Hurrican Ian - A Refresher on Disaster Accounting

Time: Thursday 11:10am - 12:00pm Credits: 1 AA

Alan Jowers, CPA, Partner, Carr, Riggs, Ingram, LLC

William Kilgallon, Tax Principal, Hafer & Company Certified Public Accountants and Consultants

Hurricane Ian made landfall in Florida in late September 2022 and caused widespread damage across much of the State. In this session we will refresh participants at a high level on disaster accounting, including topics such as accounting for revenue under ASC 606, special assessments, insurance proceeds, contract accruals, relevant financial statement disclosures, and the tax impacts of casualty losses.

Presenters:

Lunch

Time: Thursday 12:00pm - 12:30pm

Reserves in a Post-Surfside World

Time: Thursday 12:30pm - 2:10pm Credits: 2 AA

Kevin Payne, CPA, Shareholder, Carr, Riggs & Ingram, LLC
Matt Kuisle, PE, RS, PRA, Regional Executive Director, Reserve Advisors

The CIRA industry was rocked by last year's building collapse in Surfside, Florida. This session will explore the resulting legislative changes including Milestone Inspections, Structural Integrity Reserve Studies (SIRS), mandatory reserve funding for Florida condominiums and cooperatives.

Presenters:

Break

Time: Thursday 2:10pm - 2:20pm

Fraud Case Studies

Time: Thursday 2:20pm - 3:10pm Credits: 1 AA

Monte Kane, Director and Kristian Nenov, Senior Manager - BDO USA, LLP

Details coming soon!

Presenters:

Break

Time: Thursday 3:10pm - 3:20pm

Senate Bill 4-D Agency Update & Association Financial Issues

Time: Thursday 3:20pm - 4:10pm Credits: 1 AA

Roxanne Mitchell, Deputy Bureau Chief, Florida Department of Business and Professional Regulation

Jennifer Cilar, Bureau Chief, Florida Department of Business and Professional Regulation

This presentation will cover new legislative updates impacting the Division, including Senate Bill 4-D, and provide insight into the Bureau of Compliance’s complaint process, common allegations, and statutory jurisdiction.

Presenters:

Friday, December 16, 2022

Opening Remarks & Panel Discussion - CIRA Legislative / Legal Update / Building Codes Updates

Time: Friday 8:00am - 9:40am Credits: 2 TB

Justin Thames, Director of Governmental Affairs, FICPA; William Sklar, Shareholder, Carlton Fields, P.A.; Alan Jowers

Our panel of three experts will discuss Senate Bill 4-D, the 2022 Legislative Session, and the challenges of implementation of the law for associations. Attendees will gain a more in depth understanding of how the law was created and what changes there could be in the future.

Presenters:

Break

Time: Friday 9:40am - 9:50am

Cira Tax Issues

Time: Friday 9:50am - 10:40am Credits: 1 TB

William Kilgallon, Tax Principal, Hafer & Company Certified Public Accountants and Consultants


Review some of the hot topics in Federal taxes as it relates to Common Interest Realty Associations (commonly known as "CIRA's") which includes Condominium Associations, Homeowners' Associations, Housing Cooperatives, and Timeshares. Hot topics include cable door fees, antenna income, work order income, sale of foreclosed units, and easement sales / rental income. Discuss special assessments and reserve funding as it relates to capital contributions. Become familiar with the revenue streams subject to tax, along with the related direct and indirect expenses. The course content includes discussions of IRC Section 528 ("528"), IRC Section 277 ("277") and Housing Cooperatives taxed under Subchapter T.

Presenters:

Break

Time: Friday 10:40am - 10:50am

Internal Controls / Risk Assessments

Time: Friday 10:50am - 11:40am Credits: 1 AA

Gabe Mendoza, CPA, Audit Manager, Sokol & Sokol, CPA
Erik Halluska, CPA, Partner Audit Manager, Withum

Our presentation is to help participants understand the importance of risk assessment and discuss the various steps of the audit process that impact risk assessment. Further, we will help the audience gain an understanding of assessing internal controls and understand how internal controls impact our audit.

Presenters:

Lunch

Time: Friday 11:40am - 12:10pm

Developer Turnover – Best Practices to Avoid Landmines

Time: Friday 12:10pm - 1:00pm Credits: 1 AA

John Stroemer, CPA, CFST, CAM, GRI Partner, Stroemer & Company, LLC
Tony Gregory, CPA, Owner, Tony Gregory, CPA, LLC

An interactive session on the unique characteristics of performing audits on communities under developer control.  Emphasis on high risk areas and landmines will assist attendees in becoming more proficient in developer turnover engagements.

Presenters:

Break

Time: Friday 1:00pm - 1:10pm

Developer Turnover – Best Practices to Avoid Landmines Continued

Time: Friday 1:10pm - 2:00pm Credits: 1 AA

John Stroemer, CPA, CFST, CAM, GRI Partner, Stroemer & Company, LLC
Tony Gregory, CPA, Owner, Tony Gregory, CPA, LLC

An interactive session on the unique characteristics of performing audits on communities under developer control.  Emphasis on high risk areas and landmines will assist attendees in becoming more proficient in developer turnover engagements.

Presenters:

Break

Time: Friday 2:00pm - 2:10pm

Peer Review Update in CIRA Industry

Time: Friday 2:10pm - 3:00pm Credits: 1 AA

Scott Williams, CPA/PFS, Partner, Walker Ostrowski Williams CPA, LLP

This course will focus on changing and standards specific to CIRA’s as well as common deficiencies noted by peer reviewers.  In addition to compilation, review and audit engagements, the course will look at the unique documentation and presentation challenges for reserves, capitalization, commitments and contingencies  and engagement administration.

Presenters:

Break

Time: Friday 3:00pm - 3:10pm

CPA Professional Liability

Time: Friday 3:10pm - 4:00pm Credits: 1 AA

Matt Tornincasa, Partner, Shendell & Pollock, PL

The presentation will focus on specific steps CPAs can take to mitigate litigation risk in their day to day activities, including addressing client onboarding and due diligence before being hired, and in communicating with CIRA leadership vs membership.  The presentation provide specific examples of claims asserted in the past against CPA firms providing services to CIRAs, with discussion of the steps that could have been taken to mitigate or eliminate the claims brought in each example.

Presenters:

Presenters:

  • Justin A Thames, DPL

    Justin Thames joined the FICPA in June 2011 as the Governmental Affairs Manager, was promoted to Director of Governmental Affairs in July 2015 and recently was promoted to Chief External Affairs Officer. In this newly created role, Thames oversees the strategic leadership of all aspects of the FICPA's public policy, advocacy, governmental affairs and regulatory efforts. He also oversees all...

    Read more about Justin A Thames here
  • Kevin M Payne, CPA

    Kevin Payne is currently a partner for Carr, Riggs & Ingram, LLC located and is based in the firm's Stuart, Florida office. His areas of professional interest/study are Common Interest Realty Associations.Kevin is a member of the Florida Institute of Certified Public Accountants, the American Institute of Certified Public Accountants, BDO Alliance, Florida Institute of CPAs Common Interest Realty...

    Read more about Kevin M Payne here
  • Bruce Allen Nunnally, CGMA, CPA

    Bruce Nunnally has over 30 years of public accounting experience, including 9 years with the international public accounting firm, Ernst & Young, LLP. Bruce is also a national instructor of accounting and auditing issues. He has presented accounting and auditing continuing education classes for a quarter of the top 30 CPA firms in the U.S. Some of the courses he has led include:• Annual Update for...

    Read more about Bruce Allen Nunnally here
  • Keith A Jowers II, CPA

    It's surprising what Alan knows — from Beatles music to governmental auditing. With more than 20 years of experience in public accounting, Alan focuses on providing audit and other assurance services for local governmental entities, condominium and homeowner associations, privately held businesses, and not-for-profit organizations. He also has experience working with a variety of insurance...

    Read more about Keith A Jowers II here
  • Erik A Halluska, CPA

    Erik Halluska is based in Withum's Orlando office and serves the Firm's Assurance and Accounting service area specializing in the Hospitality (Team Leader for the Vacation Ownership Team) and Not-for-Profit industries. Under this capacity, he advises clients through analysis of internal control and operational efficiencies, agreed-upon procedures, audits and reviews. His advisory services extend...

    Read more about Erik A Halluska here
  • Anthony Lawrence Gregory, CPA

    Tony Gregory, CPA is the managing member of Tony L. Gregory, CPA, LLC. He provides a full range of tax and advisory services as well as financial audit services to common interest realty associations and privately held companies.Originally from the Florida Keys, Tony graduated from the University of Central Florida and has been involved in the Orlando area business community for over 20 years.In...

    Read more about Anthony Lawrence Gregory here
  • Scott A Williams, CPA/PFS

    A founding partner of our firm, Scott was previously the accounting, audit, and quality control partner at J.D. Gilbert & Company, having been there since 1987.  While he services in this capacity at our firm, he is also a key advisor for small business development and taxation.  Scott has also obtained the designation of Personal Financial Specialist (PFS).For over 20 years, Scott has been...

    Read more about Scott A Williams here
  • William Kilgallon, EA

    Bill Kilgallon is the Tax Principal at Hafer LLC. Bill has expertise in all areas of tax compliance, merger and acquisitions services, structuring tax efficient sales of businesses, federal and state audit representation, tax planning, estate and gift taxes, transactional taxes, and general tax consulting.  Bill’s background and experience includes fifteen plus years’ in Big 4 Public Accounting...

    Read more about William Kilgallon here
  • Matthew A Tornincasa

    Matt Tornincasa graduated from the University of Florida in 2003 with degrees in Political Science and Psychology. He earned his Juris Doctorate, Magna Cum Laude from Nova Southeastern University, Shepard Board Law Center in 2008. While at Nova, Matt received the Leo Goodwin Scholarship and was the Marketing Editor for the Law Review.Matt began working for Shendell & Pollock in 2007 as a summer...

    Read more about Matthew A Tornincasa here
  • Kristian N Nenov, CPA

    Since 2012, Kristian has been providing assurance and advisory services to community associations, insurance agencies, and management services organizations for physician practices. Kristian is responsible for determining engagement scope and strategy, evaluating the adequacy, quality, and consistency of engagement team work, ensuring the sufficiency and appropriateness of evidence obtained to...

    Read more about Kristian N Nenov here
  • Diana M Rivera, CPA, CGMA

    With more than 20 years in the public accounting profession, Diana is a partner in the firm’s audit practice specializing in financial auditing and forensic examinations. Diana provides direct supervision in the conduct of audits and reviews of financial statements, and specializes in condominium associations, mixed-use developments, cooperative housing corporations, and timeshare and resort...

    Read more about Diana M Rivera here
  • Gabriel Luis Mendoza, CPA

    Gabe Mendoza joined our audit department in September 2016. He performs audits, reviews, and compilations for our condominium and homeowner association clients and manages our quality control process. He supervises field audit engagements, designs audit plans and supervises audit staff.  He manages preliminary testing and documentation, turnover audits and agreed-upon procedure engagements. ...

    Read more about Gabriel Luis Mendoza here
  • John Henry Stroemer, CPA, CFST, CAM, GRI

    JOHN H. STROEMER, CPA, CFST, CAM, GRI John Stroemer is the Managing Partner of Stroemer & Company. He is a Certified Public Accountant licensed in the State of Florida. John is also certified in Florida Sales and Use Tax, and is a Registered Investment Advisor and Community Associations Manager. John graduated from Florida International University with a Bachelor of Science degree in Accounting...

    Read more about John Henry Stroemer here
  • Heber F Rojas

    Read more about Heber F Rojas here
  • Matthew C. Kuisle, P.E., RS, PRA

    Matt Kuisle, PE, PRA, RS, joined Reserve Advisors in 2000. As a Regional Executive Director, he is responsible for the development and implementation of the firm’s business strategy throughout the Southeast region. He oversees the production, marketing and sales functions at the regional level. Matt also serves national and international accounts for the firm including multiple brands of luxury...

    Read more about Matthew C. Kuisle here
  • Jennifer Cilar

    Jennifer Cilar is a native of Florida.  She received a Bachelor of Science degree from Florida State University and began working with the Department of Business and Professional Regulation in 2011.  She joined the Department with the Division of Condominiums, Timeshares, and Mobile Homes in Tallahassee where she was an Administrative Assistant, Investigator in the Yacht and Ship Section...

    Read more about Jennifer Cilar here
  • Roxanne Mitchell

    Roxanne Mitchell is a native of South America, Guyana. She migrated to the United States at the age of 13. She lived in New York City for 14yrs and then moved to South Florida, Miramar. She graduated from Samuel J Tilden High School in 1981 and then attended John Jay College of Criminal Justice to earn her bachelor's degree in criminal justice. In 2004 she retired from the New York City Police...

    Read more about Roxanne Mitchell here
  • William P. Sklar

    Read more about William P. Sklar here

Presenters:

Justin A Thames, DPL

Justin Thames joined the FICPA in June 2011 as the Governmental Affairs Manager, was promoted to Director of Governmental Affairs in July 2015 and recently was promoted to Chief External Affairs Officer. In this newly created role, Thames oversees the strategic leadership of all aspects of the FICPA's public policy, advocacy, governmental affairs and regulatory efforts. He also oversees all...Read more about Justin A Thames here

Kevin M Payne, CPA

Kevin Payne is currently a partner for Carr, Riggs & Ingram, LLC located and is based in the firm's Stuart, Florida office. His areas of professional interest/study are Common Interest Realty Associations.Kevin is a member of the Florida Institute of Certified Public Accountants, the American Institute of Certified Public Accountants, BDO Alliance, Florida Institute of CPAs Common Interest Realty...Read more about Kevin M Payne here

Bruce Allen Nunnally, CGMA, CPA

Bruce Nunnally has over 30 years of public accounting experience, including 9 years with the international public accounting firm, Ernst & Young, LLP. Bruce is also a national instructor of accounting and auditing issues. He has presented accounting and auditing continuing education classes for a quarter of the top 30 CPA firms in the U.S. Some of the courses he has led include:• Annual Update for...Read more about Bruce Allen Nunnally here

Keith A Jowers II, CPA

It's surprising what Alan knows — from Beatles music to governmental auditing. With more than 20 years of experience in public accounting, Alan focuses on providing audit and other assurance services for local governmental entities, condominium and homeowner associations, privately held businesses, and not-for-profit organizations. He also has experience working with a variety of insurance...Read more about Keith A Jowers II here

Erik A Halluska, CPA

Erik Halluska is based in Withum's Orlando office and serves the Firm's Assurance and Accounting service area specializing in the Hospitality (Team Leader for the Vacation Ownership Team) and Not-for-Profit industries. Under this capacity, he advises clients through analysis of internal control and operational efficiencies, agreed-upon procedures, audits and reviews. His advisory services extend...Read more about Erik A Halluska here

Anthony Lawrence Gregory, CPA

Tony Gregory, CPA is the managing member of Tony L. Gregory, CPA, LLC. He provides a full range of tax and advisory services as well as financial audit services to common interest realty associations and privately held companies.Originally from the Florida Keys, Tony graduated from the University of Central Florida and has been involved in the Orlando area business community for over 20 years.In...Read more about Anthony Lawrence Gregory here

Scott A Williams, CPA/PFS

A founding partner of our firm, Scott was previously the accounting, audit, and quality control partner at J.D. Gilbert & Company, having been there since 1987.  While he services in this capacity at our firm, he is also a key advisor for small business development and taxation.  Scott has also obtained the designation of Personal Financial Specialist (PFS).For over 20 years, Scott has been...Read more about Scott A Williams here

William Kilgallon, EA

Bill Kilgallon is the Tax Principal at Hafer LLC. Bill has expertise in all areas of tax compliance, merger and acquisitions services, structuring tax efficient sales of businesses, federal and state audit representation, tax planning, estate and gift taxes, transactional taxes, and general tax consulting.  Bill’s background and experience includes fifteen plus years’ in Big 4 Public Accounting...Read more about William Kilgallon here

Matthew A Tornincasa

Matt Tornincasa graduated from the University of Florida in 2003 with degrees in Political Science and Psychology. He earned his Juris Doctorate, Magna Cum Laude from Nova Southeastern University, Shepard Board Law Center in 2008. While at Nova, Matt received the Leo Goodwin Scholarship and was the Marketing Editor for the Law Review.Matt began working for Shendell & Pollock in 2007 as a summer...Read more about Matthew A Tornincasa here

Kristian N Nenov, CPA

Since 2012, Kristian has been providing assurance and advisory services to community associations, insurance agencies, and management services organizations for physician practices. Kristian is responsible for determining engagement scope and strategy, evaluating the adequacy, quality, and consistency of engagement team work, ensuring the sufficiency and appropriateness of evidence obtained to...Read more about Kristian N Nenov here

Diana M Rivera, CPA, CGMA

With more than 20 years in the public accounting profession, Diana is a partner in the firm’s audit practice specializing in financial auditing and forensic examinations. Diana provides direct supervision in the conduct of audits and reviews of financial statements, and specializes in condominium associations, mixed-use developments, cooperative housing corporations, and timeshare and resort...Read more about Diana M Rivera here

Gabriel Luis Mendoza, CPA

Gabe Mendoza joined our audit department in September 2016. He performs audits, reviews, and compilations for our condominium and homeowner association clients and manages our quality control process. He supervises field audit engagements, designs audit plans and supervises audit staff.  He manages preliminary testing and documentation, turnover audits and agreed-upon procedure engagements. ...Read more about Gabriel Luis Mendoza here

John Henry Stroemer, CPA, CFST, CAM, GRI

JOHN H. STROEMER, CPA, CFST, CAM, GRI John Stroemer is the Managing Partner of Stroemer & Company. He is a Certified Public Accountant licensed in the State of Florida. John is also certified in Florida Sales and Use Tax, and is a Registered Investment Advisor and Community Associations Manager. John graduated from Florida International University with a Bachelor of Science degree in Accounting...Read more about John Henry Stroemer here

Heber F Rojas

Read more about Heber F Rojas here

Matthew C. Kuisle, P.E., RS, PRA

Matt Kuisle, PE, PRA, RS, joined Reserve Advisors in 2000. As a Regional Executive Director, he is responsible for the development and implementation of the firm’s business strategy throughout the Southeast region. He oversees the production, marketing and sales functions at the regional level. Matt also serves national and international accounts for the firm including multiple brands of luxury...Read more about Matthew C. Kuisle here

Jennifer Cilar

Jennifer Cilar is a native of Florida.  She received a Bachelor of Science degree from Florida State University and began working with the Department of Business and Professional Regulation in 2011.  She joined the Department with the Division of Condominiums, Timeshares, and Mobile Homes in Tallahassee where she was an Administrative Assistant, Investigator in the Yacht and Ship Section...Read more about Jennifer Cilar here

Roxanne Mitchell

Roxanne Mitchell is a native of South America, Guyana. She migrated to the United States at the age of 13. She lived in New York City for 14yrs and then moved to South Florida, Miramar. She graduated from Samuel J Tilden High School in 1981 and then attended John Jay College of Criminal Justice to earn her bachelor's degree in criminal justice. In 2004 she retired from the New York City Police...Read more about Roxanne Mitchell here

William P. Sklar

Read more about William P. Sklar here

Major Topics:

  • Accounting and Auditing Update Related to CIRA
  • Sales Tax
  • New Suite of Audit Standards (SAS Nos. 134-140)
  • Reserves
  • DBPR - Financial issues and Deficiencies
  • CIRA Legislative and Legal Update
  • Ask the Experts Panel
  • Fraud in CIRA
  • Cloud Migration of Accounting and Management Functions in the CIRA Industry
  • Federal Taxes in CIRA
  • Audits in the Virtual World
  • Developer Turnover
  • Peer Review in the CIRA Industry

Major Topics:

  • Accounting and Auditing Update Related to CIRA
  • Sales Tax
  • New Suite of Audit Standards (SAS Nos. 134-140)
  • Reserves
  • DBPR - Financial issues and Deficiencies
  • CIRA Legislative and Legal Update
  • Ask the Experts Panel
  • Fraud in CIRA
  • Cloud Migration of Accounting and Management Functions in the CIRA Industry
  • Federal Taxes in CIRA
  • Audits in the Virtual World
  • Developer Turnover
  • Peer Review in the CIRA Industry

Designed For:

CPAs and accountants practicing in the Common Interest Realty Association industry

Prerequisties:

None
CPE sponsors

The Florida Institute of Certified Public Accountants (FICPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org