CFMA Webinars offer timely, on-point educational sessions presented by subject matter experts. Webinars run between 60-90 minutes in length and cover such diverse industry topics as:
Once you purchase a CFMA webinar, you receive 24/7 access to content and materials. Click on any title below to watch a preview of of the session. Webinars are a FREE benefit for CFMA Members!
(On Demand Webinars do not offer CPE credits)
Managing cash flow is a top priority for many construction business owners, and knowing how and when to use credit is important to the success of their companies. This webinar will discuss how to maximize cash flow strategies to meet the demands of business activity. This webinar will cover banking and financing best practices, managing controls for billings, collections, and disbursements, and how to project cash flows for future projects.
After this session, you will be able to:
Speaker(s):
Catching Up on the Affordable Care Act (ACA)
Preview Available
The Affordable Care Act (ACA) became law in 2010, yet with the delays for such key provisions as the employer mandate (twice) and public exchanges, it’s difficult for employers to know what they’re required to do for 2015. In this one-hour webinar, Tim Doherty of Pinnacle Financial Group will review the latest developments of the Affordable Care Act (ACA), and how these latest updates impact employers. Tim will discuss changes in the final pay-or-play regulations and new guidance on waiting periods. He also will share some insights on how employers are strategizing to comply with the ACA.
After this session, you will be able to:
Speaker(s):
It's Here: The New Revenue Recognition Standard
Preview Available
In this webinar, participants will be updated on the new Revenue Recognition Standard published by the Financial Accounting Standards Board (FASB) on May 28th, 2014. This new standard has been years in the making, and CFMA has been deeply involved with the impact on the construction industry during this project. Join us for this 1-hour special broadcast on the future of revenue recognition under both US Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) and hear what our industry experts have to say on its impact to your business.
After this session, you will be able to:
Leadership: Creating a Successful Partnership With Your Project Managers
Preview Available
Achieving operational excellence within your organization requires consistent management and leadership processes with your project managers. Although they need to have a solid foundation of technical knowledge, the most successful project managers have also developed strong management, leadership and business skills in order to execute projects profitably. Project managers also need to understand the financial impact of what they do every day and learn to proactively manage cash flow, accurate forecasting of cost to complete along with tracking, pricing and collecting of change orders. The best project managers will accomplish this while maintaining positive relationships with the executive leaders of the company.
After this session, you will be able to:
Speaker(s):
Total Compensation/Benefits/Perk Packages in the Construction Industry
Preview Available
Senior managers should know how to build competitive compensation, benefits, and perk packages to motivate and retain key employees, as well as attract great employees to their organizations. The competition for great employees is intense and having world class compensation/benefits/perk packages gives a company a leg up on other companies. This 60-minute session will explain why it is important to have a balance between fixed and variable compensation, as well as short-term and long-term compensation plans. We will also review current compensation trends and practices for the construction industry and discuss some of the more sophisticated compensation plans that are available. After the session, attendees will know salary trends in the near-term for executive, staff, and support employees.
After this session, you will be able to:
Underwriting the Small, Emerging and Challenged Contractor
Preview Available
This 60-minute Webinar will highlight the differences between the standard surety market underwriting and specialty surety underwriting. Participants will learn how working capital is defined differently between the two methods and the tools that can be used to assist in the surety bonding process, including the recently released, "Understanding Contract Surety Bonding: An Orientation Course for Small Contractors."
After this session, you will be able to:
Capturing Data in the Field
Preview Available
The biggest challenge for most construction firms is acquiring the data necessary for streamline construction processes and financial management. In this 60-minute Webinar we will be discussing what information is critical to capture in the field for business operations and financial management, how to get started capturing information, and understanding how your requirements will evolve as you put your plan into motion.
After this session, you will be able to:
Liquid Diet: Treasury Management for Contractors
Preview Available
Estimating new work. Managing costs. Hiring new talent. All are critical to running a successful construction company. Here's one more: strategically managing your business's liquid capital.
For contractors, cash is the inventory that fuels growth. So why are most construction firms' treasury functions managed haphazardly, if at all? In a still-fragile economy-one marked by unstable capital markets, a less-than-robust recovery, and the prospect of rising interest rates and inflation-careful cash management isn't just a competitive advantage. It's a necessity.
In this Webinar, Moss Adams' Justin Fisher, CFP®, and Aaron Faulk, CPA will take a deep dive into the internal treasury function, or management of surplus funds, for contractors. They will show you best practices for handling liquid capital on your balance sheet while meeting your current cash flow needs, and walk you through a multistep liquidity optimization analysis for your company.
After this session, you will be able to:
Alternate Dispute Resolution: Taking Control of Your Disputes to Save Time and Money
Preview Available
The complexity of construction projects and their susceptibility to numerous risks result in frequent legal disputes within the industry. A delay in the resolution of these disputes can be particularly damaging to a company because it slows down the completion process of the construction work, impacts the ability to perform under various related contracts, and may prevent the productive use of funds. Alternative dispute resolution (ADR) techniques have become increasingly being used instead of costly, protracted litigation, to resolve even the toughest of disputes. Join us for this 60-minute Webinar to learn about alternative options to resolve construction company disputes quickly and economically by identifying pitfalls which lead to high costs and endless legal battles.
Learning Objectives:
After this session, you will be able to:
Managing Risk in the Cloud: The Pros and Cons
Preview Available
Emerging Cloud solutions for storing and collaborating on construction project data can mean unprecedented levels of efficiency for your company. In this 60-minute Webinar, James Benham, President of JB Knowledge Technologies, will help construction financial managers analyze the monetary, personnel, and data security cost of that efficiency. As an avid construction technologist and information technology provider to both commercial builders and risk managers across North America, James will share his extensive experience of implementing enterprise applications in the Cloud, and help you to analyze the pros and cons of doing so. This session will walk financial managers through the process of understanding the Cloud, understanding the services a Cloud provider should offer, and understanding where your company's risk tolerance may or may not fit into the mix.
After this session, you will be able to:
Speaker(s):
