AGENDA

6:30PM - 9:00PM

Non-conference attendees are welcome but we encourage you to pre-register by emailing flregional@cfma.org.

8:00AM - 8:45AM

9:00AM - 9:10AM

9:10AM - 10:00AM

Christian Burger, President, Burger Group, Inc.

View Presentation Slides Here

Session Overview:

I have data, but how do I use it? Need a roadmap for using data as an asset?

As trends go, Data and Analytics is trending up, way up. It has captured the imagination of nearly all IT leaders and most senior management in construction. The recognition that data is an asset is beginning to be understood, however, using data in an easily consumable format is a challenging hill to climb for many organizations. The gap between where the solution providers would like construction to be and where they are, is wide but closing quickly. This presentation will look at the current construction tech landscape, how new tools will begin to be deployed for delivering on the promise, and where the industry could be heading with the emergence of AI and Machine Learning.

The discussion will begin with a framework for thinking about the capture, storage, publishing and overall governance of data. The presentation will also look at the tools and tech in the marketplace to help contractors begin their data journey. Specific products will not be promoted but rather product classes will be discussed in order to understand the important layers in a modern data strategy and architecture. The session will use specific construction use-cases to demonstrate the value and the challenges associated with various value streams. This session will cover the initial building blocks and organizational requirements for firms beginning their data and analytics journey as well as some more advanced concepts for those who are already underway.

The presentation will combine both practical near term tactical steps a construction firm can take to get better data as well as longer-term strategic concepts that will help in planning, execution and communication within their organization.

Learning Objectives:

Provide a framework for understanding how to capture, store, publish, and govern data effectively.

Explore the existing tools and technologies available in the marketplace that can assist construction firms in initiating their data journey.

Offer a blend of practical, near-term tactical steps that construction firms can take to enhance their data capabilities, as well as longer-term strategic concepts.

Level: Intermediate

1.0 CPE Credit in Information Technology

10:00AM - 10:20AM

10:20 AM - 11:10 AM

Scott Damiecki, CPA, CCIFP, Partner & Construction Industry Practice Leader, CohnReznick
Scott Walters, CPA, Partner, CohnReznick

Learning Objectives:

To understand the definition of a joint venture and how recently issued US GAAP will change the accounting for the formation thereof.

To understand the incremental segment disclosure requirements effective for calendar years ending December 31, 2024. We will cover the significant expense principle, transition, and the impact on quarterly financial statement disclosures.

To understand how recently issued FASB amendments will impact income tax disclosures, from the perspective of financial statement preparers.

Level: Intermediate

1.0 CPE Credit in Accounting

11:10 AM - 12:00 PM

Nathan Brainard, Regional President,IOA
Frank Pulcini, Vice President/Share Holder,IOA

View Presentation Slides Here

Session Overview:
This discussion is intended to provide a greater understanding of Insurance Captives.

Learning Objectives:

Understanding what a captive insurance program is.

Understanding the various types of captive structures.

Benefits and pitfalls of entering into a captive.

Level: Intermediate
1.0 CPE Credit in Insurance

12:00 PM - 1:15 PM

1:15 PM - 2:35 PM

Tom Borgia, CFO, J. Raymond Construction

Session Overview:
Participants will have active roundtable discussions regarding topics relevant to construction financial leaders within the industry. This session will equip leaders with the knowledge and tools to successfully navigate financial, risk management, human resource and legal challenges to help protect their organizations.

Learning Objectives:

- Understanding what to look for in a Professional Service Provider
- Early Warning Signs of an Underperforming Project
- Discuss Prequalification Best Practices
- Review Employee Engagement Best Practices/Compensation and Benefits Trends
- Understand Technology Transformation
- What does Next Generation Leadership look like
- Open Topics/Question & Answer Session

Level: Intermediate

2:35 PM - 2:55 PM

Sponsored by IOA

2:55 PM - 4:10 PM

Jason Keen (Moderator), CFO, Mills & Nebraska

Panelists:
Tim Smith, CEO, Wharton-Smith (GC)
Bridget Pulsifer, CEO, Mills & Nebraska (Specialty Sub)
Bob Schafer, President, Ranger Construction (Heavy Civil)

Session Overview:

Panel Discussion from 3 CEO's - A GC, a Heavy Civil Contractor, and a Specialty Sub.

Hear from 3 different types on companies on what the CEO or President expects from the CFO.

Learning Objectives:

• Identify the type of working relationship a CEO wants to have with their CFO.

• What kind of Reporting does a CEO expect.

• What kinds of skills should a CFO have.

Level: Intermediate

1.0 CPE Credit in Specialized Skills

4:10 PM - 5:00 PM

Michael Gregory, CFA, Deputy Chief Economist & Head of U.S. Economics, BMO

View Presentation Slides Here

Session Overview:

This session aims to provide the Construction Financial Management Professional with information to help them successfully manage the financial condition and processes of their company considering the current economic conditions.

Learning Objectives:

Current economic climate.

Updates on current and forecasted market conditions in respects to labor, interest rates and inflation.

Impacts of a recession and preparation for the cycle.

Level: Intermediate

1.0 CPE Credit in Economics

5:15 PM - 6:15 PM

Sponsored by:

6:30pm

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Sponsored by:

6:30pm

SOLD OUT

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Sponsored by:

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8:00 AM - 8:45 AM

9:00 AM - 10:40 AM

Tyler Chancey, Cyber Division Director, The Scarlett Group
Christopher Tritt, President, Insurance Management Consultancy

View Presentation Slides Here

Session Overview:

Roundtable, case study & mini-tabletop scenario asking attendees to run though a fraud attack and evaluate cybersecurity best practices.

Learning Objectives:

Cybercrime Concepts: Explain the concepts and types of cybercrime, such as bank fraud, business email compromise, and extortion, and their impact on individuals, organizations, and society.

Identify and learn about types of Cyber Insurance: First Party coverage (data breach & business interruption). Third-party coverage (privacy breaches, lawsuits). Essential endorsements to examine (ransomware, electronic funds fraud & social engineering).

Cybercrime Investigation and Response: Identify and analyze the challenges and opportunities for cybercrime investigation, response, standards, and best practices. Claims handling – getting third-party teams involved pre and post-event, forensics, and public relations.

Cybercrime Prevention: Apply the knowledge and skills of cybercrime prevention and mitigation, such as data protection, encryption, authentication, and awareness, to various scenarios and cases. Will also cover Risk assessments and how insurers are underwriting, including cyber insurance application guidance.

Level: Intermediate

1.0 CPE Credit in Information Technology & 1.0 CPE Credit in Insurance

10:40 AM - 10:55 AM

10:55 AM - 11:45 AM

Ryan Heimbold, Lockton Companies

Session Overview:
This discussion is intended to provide a greater understanding on the financial value that “safety” has on organizations in construction.

Learning Objectives:

Quantify the financial impact of Safety - a look at the data

Identify safety's impact on direct and indirect costs.

Highlight proactive and reactive measures of safety.

Level: Intermediate

1.0 CPE Credit in Accounting

11:45 AM - 12:35 PM

Ryan Merryman, CPA/CFF/CITP, CFE, CLA (CliftonLarsonAllen LLC)

View Presentation Sliders Here

Session Overview:

"LIVE! ChatGPT Demonstration, AutoExtract and Live WIP Reporting

Discover how this technology can reduce manual effort and data entry in processing inbound invoices, enabling your valuable resources to focus on higher value activities and reduce processing time and errors."

Learning Objectives:

Identify how to leverage AI in today’s modern construction company.

Review the power of Data and Automation.

Identify how similar Construction Companies leverage large language models to run predictive analytics.

Level: Intermediate

1 .0 CPE Credit in Information Technology

12:35 PM - 12:35 PM