STAND OUT Leadership - Apply proven strategies to inspire positive change

Sep 13, 2021 7:30am ‐ Sep 13, 2021 8:45am

Identification: 1

In this dynamic presentation, Simon Vetter teaches a proven leadership development method to create positive change in your organization. Participants learn how to increase collaboration, inspire teams to high-performance and build a motivating work environment.

Learning Objectives:
  • Uncover the key success factors of outstanding leadership
  • Communication tools to increase your influence and impact, Understand the leader’s perception and how it impacts organizational effectiveness, Five common mistakes leaders make and how to avoid them
  • Practice a coaching process that inspires lasting change in behaviors

2021 Tax Update

Sep 13, 2021 9:15am ‐ Sep 13, 2021 10:30am

Identification: 2

The 2021 Tax Update will cover current developments affecting taxation of the construction industry and examine the prospects for tax legislation in 2022 and beyond. This seminar will focus on the potential impact of these developments on closely-held, privately owned construction businesses.

Learning Objectives:
  • Identify significant tax developments in 2021
  • Discuss prospects and timing of future tax legislation in 2022 and beyond
  • Federal and state treatment of PPP loans for tax reporting, Income tax savings opportunities for contractors, R&D tax credits, Accounting methods for tax reporting, Hiring credits, Cost segregation studies on real estate, Employee Retention Tax Credits

ESOPS

Sep 13, 2021 11:30am ‐ Sep 13, 2021 12:45pm

Identification: 3

The presentation will provide insight into why ESOPs are seen as a strong exit option, particularly for construction companies. I will provide summary information regarding ESOPS and highlight by 60 new construction company ESOPs are created each year, for the past three years, making it one of the largest industry sectors of ESOP owned companies.

Learning Objectives:
  • To have a deeper understanding of ESOPs, from the perspective of the selling shareholder, the Company, as well as the employees
  • Discuss why the culture, and other factors, make construction companies such a great fit for employee-owned ESOP companies
  • Show the economic benefits of selling one’s company to an ESOP
  • Share real stories of 3 construction company ESOPs over the past six month period
  • Discuss the pros and cons of ESOPs as compared to other exit options

Joint Ventures

Sep 13, 2021 12:45pm ‐ Sep 13, 2021 2:00pm

Identification: 4

In this session we will cover the strategic reasons to enter into a joint venture, review some of the key things that should be considered when drafting your joint venture agreements from pre-bid, selecting a joint venture partner, key clauses to include to protect your financial interests, operational considerations around accounting, capital contributions/distributions, and joint venture wrap-up. We will also touch on the various financial reporting options available for the various types of joint ventures along with tax considerations that each joint venture partner should be aware of.

Learning Objectives:
  • Why enter into a joint venture?
  • Best practices in establishing the joint venture including choosing a JV partner, key terms to include in the joint venture agreement and common pitfalls to avoid
  • Accounting and reporting options for various types of joint ventures
  • Tax considerations for Joint Ventures

From the Outside Looking In: Innovations From Other Industries That Can Be Applied To Construction

Sep 13, 2021 2:30pm ‐ Sep 13, 2021 4:00pm

Identification: 5

In this session, James Benham, CEO of JBKnowledge, will showcase some emerging technologies and discuss how they could be adapted to construction. New research has been accomplished in communications, the space industry, controls, wearables, materials science, remote power, chemistry, and safety. He will share how the industry could artfully adapt innovations for unintended purposes.

Learning Objectives:
  • Study successful innovations from other industries
  • Evaluate how they can be applied to construction
  • Discuss the strategic importance of studying outside of your own industry 

Lease Accounting - Coming Soon (ASC 842)

Sep 14, 2021 7:00am ‐ Sep 14, 2021 8:30am

Identification: 6

In May 2021, the Financial Accounting Standards Board (FASB) announced updates to Accounting Standards Codification (ASC) 842, Leases. This standard has been delayed, but will be effective for most private companies in 2022. This standard significantly changes lease accounting requirements, and adopting updates can be challenging for all organizations, regardless of industry. During our presentation, we will provide the latest guidance to help your business stay compliant with ASC 842 requirements, understand some of the financial statement impacts to your Company, and how to effectively adopt the new guidance.

Learning Objectives:
  • Explain recent updates to Accounting Standards Codification (ASC) Topic 842
  • Leases
  • Describe the steps needed to adopt and comply with ASC Topic 842
  • Describe key issues that may impact construction companies during implementation of the standard

Construction Contracts in the (Post?) Covid Era

Sep 14, 2021 8:30am ‐ Sep 14, 2021 9:45am

Identification: 7

Now is the time to be proactive and button up your construction contracts before the next global crisis. The presentation will review select contract clauses that everyone was hunting for and questioning during the Covid pandemic. Well written contracts including these critical clauses can help turn profitable bids into profitable completed projects.

Learning Objectives:
  • Contract lessons learned from a worldwide pandemic
  • Force Majeure clause - what is it and where to find them hidden in your contract
  • Escalation clause - save your company a lot of heartache in a volatile market
  • Time is Money - getting paid for delay caused by others
  • Tardy Performance - avoiding damages for your own delays to a project
  • Contract termination - for cause or convenience, now how do you get paid

Sleepless in San Diego

Sep 14, 2021 10:15am ‐ Sep 14, 2021 11:30am

Identification: 8

Enjoy this informative discussion with CFOs as they share key aspects for success.

Learning Objectives:
  • Technology and “shiny object syndrome"
  • Collaboration between office and field
  • Remote work and return to office schedule