This informative webinar presented by Ellin & Tucker will explore the advantages and disadvantages of equipment leasing in the construction industry and also provide an update on the Financial Accounting Standards Board’s (FASB’s) proposed rule changes on current leasing standards.

This 75-minute session will cover how leases are currently recorded and what impact they have on a contractor as it relates to bank underwriting, surety underwriting, prequalification criteria with Federal/State/Local municipalities among other users of financial statements. You will learn the benefits of leasing from a tax standpoint in terms of maximizing tax deductions and other tax benefits that may exist under a leasing arrangement.

You will also learn about the proposed changes to lease standards related to Proposed ASU 2013-70, Leases (Topic 842), as well as the potential impact on financial reporting and underwriting and possible tax implications from FASB’s proposed rule change on operating leases.

After this session, you will be able to:

• Discuss current advantages and disadvantages of leasing equipment under an operating lease and a capital lease arrangement;
• Identify the tax benefits available to the lessee and the lessor under an operating lease and a capital lease arrangement;
• Explain how banks, surety firms and other underwriters analyze a contractor’s financial statement under the current lease pronouncements vs. the proposed lease pronouncements; and
• Develop other methods to secure equipment for construction projects outside of traditional lease and buy arrangements.

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Do you want to analyze your benefit alternatives with healthcare reform? Are you unsure how to determine your cost to comply with the ACA vs. discontinuing group coverage? Do you want to learn more about public and private insurance exchanges? What are the tax impacts of these benefit alternatives? All these questions and more will be answered in this special 90-minute webinar on the latest healthcare.

After this session, you will be able to:

• Identify the benefit alternatives Construction industry employers have under the new healthcare reform
• Discuss whether Construction industry employers should pay or play
• Explain which benefits can be pre-taxed and discuss how employees can access public and private exchanges

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Join us for this special rebroadcast of CFMA’s June 24, 2014 webinar on the new revenue recognition standard, followed by a live update and Q&A with our original session presenters Mike Sobolewski, of PricewaterhouseCoopers, and Tim Wilson, of BKD LLP.

The new standard, released by the Financial Accounting Standards Board (FASB) on May 28, 2014, was years in the making and CFMA has been deeply involved in communicating its impact to the construction industry.

This 90-minute session will provide an outlook on the future of revenue recognition under both US Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) and how the new standard may impact your business.

After this session, you will be able to:

• Discuss how the new Revenue Recognition Standard will impact your company and the construction industry as a whole
• Outline the new standard implementation timeline
• Explain what needs to be done to prepare for the implementation of this new way of determining revenue

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One of CFMA's most-popular webinars is back, and just in time as the annual tax-preparation season gets underway in earnest.

This year's presentation will cover key developments affecting taxation of the construction industry in 2014 and examine the prospects for tax legislation in 2015 and beyond. Particular attention will be paid to the potential impact of these developments on individual construction businesses and the industry in general.

Attendees will be able to discuss the industry's responses to these developments and pose questions to the presenters.

After this session, you will be able to:

• Identify significant tax developments in 2014;
• Examine prospects for tax legislation in 2015 and beyond;
• Discuss the potential impact of recent and potential tax law changes for the industry.

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In this Webinar, CFMA's Chief Economic Advisor, Anirban Basu, will provide a detailed, data-driven update of the performance of the U.S. construction industry and the policies that will shape this performance over time. The presentation will touch upon financial markets, capital markets, labor markets, energy markets, and key segments of the U.S. construction industry.

After this session, you will be able to:

• Identify the sources of risk that face the U.S. economic outlook and the construction industry in 2015
• Assess the performance of individual construction segments with a focus on both levels of spending and input cost growth
• Discuss the extent to which the variety of public policies are shaping the ongoing reconstruction recovery, including policies related to capital budgeting and health care
• Determine the likely trajectory of construction labor and materials costs

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Need to identify a baseline for financial performance improvement? Wondering how your company compares to the best in class? CFMA's Annual Financial Survey always brings to light new information to help you build a better bottom line. In this 60-minute Webinar, we will look at trends and divergent findings from the 2014 Survey data and cover key leverage, efficiency, liquidity, and profitability ratios. An overview of the new online Construction Financial Benchmarker and its suite of financial reports and data will highlight the wealth of benchmarking information at your fingertips, 24/7.

After this session, you will be able to:

• Explain how to apply key financial ratios and performance criteria improve your company's performance;
• Access CFMA's NEW online Financial Benchmarker tool for 24/7 benchmarking and reporting and compare your company's financial performance with others in the industry;
• Discuss how construction companies are combating the shortage of skilled trade workers.

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Who Should Attend: General contractor and subcontractor owners, CFOs, Controllers, CPA industry professionals, CCIFP candidates, surety industry professionals and other construction financial professionals

CPE Credit: This is a Group-Internet based program at the Overview level. No prerequisites or advanced preparation required.Upon successful completion of the Webinar, attendees will receive 1 CPE credit in the field of Management Advisory Services

Have you ever wondered how virtual reality will look on the job site? Or wondered how your mobile devices can be better integrated? Wanted to learn more about the innovative solutions your peers in the industry are using? In this dynamic 90-minute presentation, James Benham sorts through the latest trends in building technologies, identifying short-term fads and long-term game changers from mobile apps to augmented reality and drones. Learn about real companies who are researching and implementing the latest technologies and how they are impacting their construction projects. Mr. Benham will also discuss the statistics behind the fourth annual Construction Technology Report, revealing how over 1,000 construction professionals are employing and integrating technology on building projects.

After this session, you will be able to:

• Summarize a brief history of cloud technology and specify the data security fears that accompany it.
• Discuss the latest in construction solutions, including free web-based services and mobile applications you can implement today.
• Describe technology such as drones, augmented reality, wearables and virtual reality and how they are converging in the construction industry.
• Analyze case studies that illustrate how industry leaders are using innovative technology to inspire collaboration.

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This webinar will focus on the top 5 issues that arise for subcontractors during contract negotiations: Indemnity clauses, damages for delays, payment requirements, notice/claims issues and litigation matters. We will briefly cover each item and explain what to look for and discuss possible negotiation strategies that subcontractors may use when finalizing the contract terms for a project. This 60-minute session will teach subcontractors what key provisions to look for when reviewing a subcontract, the impact these provisions can have, and best strategies to negotiate more favorable subcontract terms.

After this session, you will be able to:

• Identify the top 5 common contract provisions relevant to subcontractors
• Discuss the impact and potential liability created by these provisions
• Develop strategies to negotiate favorable liability related contract provisions

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This special “Best of CFMA 2014 Conference” selection will dissect the relationship between a construction company’s CFO/Controller and its CPA. A panel of two CFOs and a nationally known construction-practice CPA will discuss the partnership from the initial RFP and engagement process through the year-end review and audit process.

After This Program, You Will Be Able To:

• Discuss the CPA’s role in the development of a construction company
• Describe how to prepare an effective RFP for choosing a CFM firm
• Review the CPA’s expectations of a contractor’s CFM
• Identify valuable tips for year-end processes from both perspectives
• Determine when your CPA is not the right fit

Adopting an employee stock ownership plan (ESOP) can yield numerous benefits for closely held companies. More than 11,000 US companies with approximately 10 million employees – from large publicly traded companies and privately held businesses to small firms with as few as 20 employees or $5 million in revenue – currently have ESOPs. And ESOP-owned firms span the full spectrum of industries, from manufacturing and distribution (22%) to construction (13%), and engineering (9%).

Employee ownership can be accomplished in a variety of ways and offer business owners and sponsoring companies tremendous flexibility. This webinar will cover how ESOPs work, what types of companies are suitable candidates, how shares are allocated to employee accounts, the tax implications for the company and the selling shareholders, and what a typical transaction looks like. It will also help attendees understand the components of the transaction and how to be cognizant of the red flags in the valuation.

After this session, you will be able to:

• Discuss what an ESOP is and determine if your company may be a suitable candidate
• List the steps to setting up an ESOP and how the participant receives the benefit
• Ascertain what information is needed to perform a valuation and what you should be looking for when reviewing your valuation
• Identify go-forward implications to accounting, tax, equity, service provider relationships, and regulatory requirements

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