CFMA's 2017 Annual Conference and Exhibition

Jun 3, 2017 ‐ Jun 7, 2017


Standard: $299.00
Members: $199.00

Sessions

CFMA Wants You to Be a Speaker/SME!

Jun 5, 2017 7:00am ‐ Jun 5, 2017 8:15am

Identification: DPG3

CFMA is looking for new speakers and subject matter experts (SMEs) to participate in our ever-growing educational offerings. Learn about the opportunities, resources, and content that will assist with your potential involvement as a CFMA speaker or SME.

Learning Objectives:

  • Learn important findings by the Speaker Development Task Force – what makes a successful session, what a speaker should do to be successful, and what to avoid
  • Identify the topics available for presentations and for serving as an SME
  • Learn best practices for a successful presentation, both in person and via webinar
  • Discover the CFMA training, support, and programs available that can assist with your development

Speaker(s):
Members: $39.95
Standard: $59.95

Specialty Trade: Strategies to Improve Subcontractor Cash Flow

Jun 5, 2017 7:00am ‐ Jun 5, 2017 8:15am

Identification: DPG4

In the subcontracting world, labor, taxes, benefits, materials, and overhead expenses all must be paid before subcontractors are paid. This “cash drought” can often exceed 45 days on a project. In many cases, subcontractors are required to start working on changes before they have billable change orders, and retainage reduces payments until job completion. Does this sound frustratingly familiar? Attend this interactive roundtable discussion, prepare to share strategies, and learn how your peers are successfully improving their companies' cash flow.

Learning Objectives:

  • Identify contract clauses that limit subcontractor cash flow
  • Learn best practice strategies to reduce the effect of slow change orders and retainage
  • Discuss the cash flow impact of a well-developed schedule of values

Speaker(s):
Members: $39.95
Standard: $59.95

Heavy/Highway: Employee Recruiting, Retention & Training/Development

Jun 5, 2017 7:00am ‐ Jun 5, 2017 8:15am

Identification: DPG5

This session will offer small roundtable discussions of topics relevant to heavy/highway contractors about how to get, retain, and grow quality employees. Learn how your peers are handling key issues, make connections, and gain a deeper insight into the topics from people involved in the day-to-day operations of a company just like yours.

Learning Objectives:

  • Learn employee recruitment best practices
  • Discuss employee retention strategies
  • Identify employee training/development methods

Members: $39.95
Standard: $59.95

Emerging Issues Roundup – An Update on FASB Activities

Jun 5, 2017 10:30am ‐ Jun 5, 2017 11:45am

Identification: A1

This session will provide updates on the U.S. standard setting agenda, including deep dive discussions on industry relevant standards that have been issued in the current fiscal year.

Speaker(s):
Standard: $59.95
Members: $39.95

Negotiating Skills: Moving from Compromise to Win/Win

Jun 5, 2017 10:30am ‐ Jun 5, 2017 11:45am

Identification: ADV1

We often walk away from negotiations – whether with fellow employees, suppliers, or customers – feeling dissatisfied because we gave up something. This action-packed session will focus on specific techniques to shift from a fallback strategy of compromise to win/win, a strategy to more fully satisfy each person's needs.

Speaker(s):
Standard: $59.95
Members: $39.95

Hiring Process Strategies to Improve Results & Manage Risk

Jun 5, 2017 10:30am ‐ Jun 5, 2017 11:45am

Identification: B1

Competition for construction talent has created a volatile atmosphere where hiring involves a significant risk of time and money. This session is a deep dive into processes and strategies to improve your hiring process and mitigate risk. We’ll talk through how the speed of your process impacts your results, examine typical process bottlenecks, and how to correct common process blunders to prevent bad hires and potential legal problems. This session includes analysis of candidate behavior, how to interpret it, and how to develop standard practices to deal with red flags that may arise from it. You'll also discover how to manage the difficult topic of compensation with candidates, and hear enlightening information on how and when to extend the offer. Don't miss the “war stories” from the trenches and how these strategies have saved time, money, and improved results for many construction companies.

Learning Objectives:

  • Understand why slow hiring is costly and ineffective, and what you can do about it
  • Connect the dots between poor processes and bad hires
  • Identify best practices to avoid the most common process pitfalls
  • Get instructions on if, how, and when offers should be extended
  • Learn specific strategies to prevent hiring problems, before they arise

Speaker(s):
  • Kathy Cole, CPC, Founder & President, DK Cole Company, Executive Search
Members: $39.95
Standard: $59.95

Creating a Pain-Free Injury Claim Management Process

Jun 5, 2017 10:30am ‐ Jun 5, 2017 11:45am

Identification: R1

Although construction is a much safer industry for workers today than in the past, workplace injuries still occur. One mishandled injury, even if it is seemingly minor, can result in years of negative impact on a company’s finances and reputation. Being prepared to deal with issues related to an injured employee before an event happens is key to minimizing the damage. This session will examine the various ways that an injury claim can affect a company’s Experience Modification Rating (EMR), Incident Rate Ratios, and employee morale as well as what can be done to minimize the effect of an injury by having proper policies and processes in place to effectively manage a claim. An insurance agent with a progressive approach to managing workers' comp claims and the CFO/HR Manager of a contractor will co-present to bring experience and provide insight from different angles of handling an injury claim.

Learning Objectives:

  • Study the upstream-midstream-downstream approach to suicide prevention in the workplace and identify interventions at each level.
  • Understand why construction is one of the top at-risk industries for suicide.
  • Identify warning signs of mental health issues and risk of suicide in employees.
  • Provide a toolbox of mental wellness and suicide prevention resources and training available for integrating mental health and suicide prevention in the workplace.
  • Clarify why it is not only okay, but necessary, to address warning signs without concern of privacy issues – and how to address them properly.

Speaker(s):
  • Michelle Walker, VP Finance & Administration, SSC Underground
  • Eric Pach, MBA, CRM, CIC, CRIS, MLIS, MWCA, Agency Partner, Producer & Risk Manager, Captive Practice Leader, Minard-Ames Insurance Services LLC / Insurica
Standard: $59.95
Members: $39.95

Using Predictive Analytics to Enhance Project Execution & the Bottom Line

Jun 5, 2017 10:30am ‐ Jun 5, 2017 11:45am

Identification: T1

By the end of 2016, an estimated 73% of companies across different industries will have invested in big data analytics. In the construction industry, however, a mere 6% of professionals are familiar with the concept of the Internet of Things (IOT). By innovating operations with analytics, contractors have the opportunity to be on the forefront of a revolution. This session will introduce techniques for data collection and analytic integration to fuel profitability. It will also present key areas of the business for implementation and teach accurate analysis methods to support positive organizational change.

Learning Objectives:

  • Discover ways to shift from a historical orientation to a future-driven perspective
  • Reduce detail and complexity in accounts, the ledger system, budgeting and reporting systems, and measures of performance
  • Understand effective data collection and analysis methods
  • Gain insight on the best practices for analytic implementation

Speaker(s):
Standard: $59.95
Members: $39.95

Lean Accounting for Construction

Jun 5, 2017 2:45pm ‐ Jun 5, 2017 4:00pm

Identification: A2

This session will explore how lean accounting for construction enables the accounting department to spend more time on strategic analysis and less time closing the books by providing meaningful financials that are closer to the month-end.

Learning Objectives:

  • Learn how to apply Lean Accounting concepts and tools to your accounting process.
  • Lean Accounting versus Accounting for Lean, what's the difference? Lean is not just for manufacturing/inventory. The principals of Lean which are applicable to Construction Accounting.
  • Case study on reducing your closing date from the 20th to the 10th. Processes that need changing or elimination to reduce the closing time.
  • Case Study to show how an overhaul of your General Ledger will reduce time and simplify the closing process.

Speaker(s):
Members: $39.95
Standard: $59.95

Internal Fraud & Embezzlement: Strategies to Mitigate Risk

Jun 5, 2017 2:45pm ‐ Jun 5, 2017 4:00pm

Identification: ADV2

The ACFE’s 2016 Report to the Nations on Occupational Fraud and Abuse estimates the average organization loses 5% of its annual revenue to fraud. This session is designed to provide current trends related to fraud and ways your company can utilize the latest technology to mitigate fraud risks. Through a fast-paced analysis of real-life examples, this session focuses not only on how the frauds are occurring, but also how your company can leverage technology to mitigate the risk.

Learning Objectives:

  • Get an update on recent fraud trends from ACFE Report to the Nations 2016
  • Learn from real life examples of internal fraud in general and for the construction industry
  • Gain an understanding on how to use cutting edge technologies to catch fraud early or prevent it entirely

Speaker(s):
  • Bryan Callahan, CPA/CFF, CFE, CVA, Director | Forensics & Valuation Services, BKD
Members: $39.95
Standard: $59.95