Red Rock Casino Resort & Spa

9.24.17 - 9.26.17

Registration Countdown!

DAYS

HOURS

MINUTES

SECONDS

AGENDA

Earn up to 12 CPE Credits!

The agenda was created to combine flexibility and maximum impact while also providing unique networking environments.

 

Sunday, September 24

2:00 pm - 4:00 pm

Southwest Chapter POW WOW

Opportunities for chapter leaders to exchange ideas with other regional conference attendees through interactive discussions that cover topic such as:

  • Chapter administrators
  • Chapter challenges and opportunities
  • Chapter best practices
  • Chapter dues

12:00 pm - 7:00 pm

5:30 pm - 7:00 pm

 

Monday, September 25

7:00 am - 8:00 am

8:00 am - 8:30 am

Welcome, General Info, Opening Remarks

8:30 am - 9:45 am

"Why Contractors Fail: Root Causes"

Ryan Howsam, FMI

In 2007, FMI set out to determine why companies are likely to fail during recovery from a recession, and not at the bottom it. The results from this study proved immensely valuable for the Construction and Engineering Industry, leading FMI to re-visit the study in 2016. This presentation takes a deep dive into the key findings that cause some firms suffer financial crises and face going out of business. It explores the roles that general economic conditions, the unique nature of construction, company culture and system, and the “mind of the contractor” all play in the process. The speaker will also delve into the relationship between each of these factors and the strategic leadership that can spell the difference between success and failure. Lastly, the presentation touches on how contractors’ perceptions of risk and how risk is being managed today according to FMI and AGC’s Managing and Mitigating Risk Survey.

  • Learn the key factors that cause large contractors to fail.
  • Understand why it is important for a firm to have strategic leadership.
  • Learn the consequences of poor leadership and how to identify poor leadership.
  • Examine how risk is being managed in today’s business environment and what works.

 

Level: Overview

1.5 CPE Credits in Specialized Knowledge

9:45 am - 10:15 am

10:15 am - 11:30 am

"Revenue Recognition: A Practical Guide to Implementation"

Bret Rutter, Moss Adams LLP

Scott Swearingen, Moss Adams LLP

In this session we’ll explore certain areas of the new revenue guidance that are expected to have an impact on most construction contractors and provide participants with insights on how to address these during their initial assessment and ultimate implementation of ASC Topic 606, Revenue from Contracts with Customers.  Attendees will obtain:

  • Insights about where the new guidance will most likely impact construction contractors
  • Practical steps to prepare for, assess impact, and implement the new revenue guidance while minimizing disruption
  • An understanding of what a contractor should do now

 

Level: Update

1.5 CPE Credits in Accounting

11:30 am - 12:30 pm

12:30 pm - 1:40 pm

"Employment Law Issues for Construction Employers"

Carol Ross, Ross Employment Law

Employers in the construction industry face a wide variety of employment law challenges.  Failure to adhere to good human resource practices can result in significant exposure and liability. This program will focus on compliance with the Fair Labor Standards Act, Title VII of the Fair Labor Standards Act and the Americans with Disabilities Act, including:

  • Common wage and hour pitfalls for construction industry employers
  • Effective response to claims of harassment, discrimination and retaliation
  • Labor and employment law trends

 

Level: Update

1 CPE Credits in Specialized Knowledge

1:45 pm - 3:00 pm

"Who Moved My Cheese?!  Embracing Risk in a Rapidly Changing Construction Environment"

Danette Beck, Marsh

The construction industry is undergoing profound changes – and the pace of change is constantly accelerating. The industry is highly dependent on material and labor, causing costs to escalate while margins continue to be under pressure. Over 80% of large capital projects are over budget, and 20% do not finish on time. To remain competitive and viable amid the challenges of the construction industry, companies must navigate a multitude of industry issues and risks – including changes to known risks as well as emerging risk areas.

Learning Objective: This session will help participants understand critical disruptors in the construction industry and explore different methods for managing those risks.  The session is designed to be interactive and encourage discussion.  It will challenge you to think about construction risk differently.

 

Level: Overview

1.5 CPE Credits in Specialized Knowledge

3:00 pm - 3:30 pm

3:30 pm - 5:15 pm

"Markets, He Wrote:  Looking for Clues into the Economy's Direction"

Anirban Basu, Sage Policy Group, Inc.

This presentation provides detailed discussions of global, national and regional economies using the most up-to-date data available.  Special attention is invested in critical elements of economic life, including the performance of financial, labor, and real estate markets.

 

Level: Overview

2 CPE Credits in Specialized Knowledge

Sponsored By:

Enterprise Builders

5:30 pm - 7:30 pm

 

Tuesday, September 26

7:00 am - 8:00 am

8:00 am - 9:20 am

"Construction Disruption"

James Benham, JB Knowledge, Inc.

Everywhere you look, there’s a new mobile, drone or wearable device. How are these technologies evolving construction projects? How are top contractors running research and development on emerging technologies? Get ahead of the learning curve and hear about the up and coming technology solutions your peers in the industry are already utilizing. In this dynamic session, James Benham sorts through the latest trends, solutions and devices in building technologies and how they will rewrite the rules for construction projects.  Mr. Benham will also discuss the statistics behind the the annual Construction Technology Report, a survey of thousands of construction professionals on how they are employing and integrating technology on building projects.  Discuss real companies who are researching and implementing the latest technologies and how they are impacting their construction projects. See demos of the next generation of technology that are keeping developers busy.  And review the technology tools and strategies you can implement today to be ready for the tech of tomorrow.

Learning Objectives

  • Review a brief history of virtual reality, augmented reality and wearable devices
  • Explore how drones are introducing builders to data mobility, visualization, access and efficiency on projects
  • Learn how cutting edge mobile applications, sensors and web-based solutions are being integrated for use in the office and on the job site
  • Analyze case studies of how industry leaders are using innovative technology to inspire collaboration & design.

 

Level: Overview

1.5 CPE Credits in Computer Science

Sponsored By:

Dodge Data & Analytics

9:30 am - 10:45 am

“Bottom Line:  Why a company should or should not Joint Venture”

Barry Bulow and John Cannito, The PENTA Building Group

The panel will discuss best practices, present examples of successful JV’s, provide their model for determining why to JV, and respond to participant’s questions relating to JV’s.

Learning Objectives

  • Define the role of the CFM in a JV
  • Discuss examples of best practices and models for why to JV
  • Identify why JV’s are important and how the CFM’s role is critical to the success of a JV

 

Level: Overview

1.5 CPE Credits in Specialized Knowledge

10:45 am - 11:00 am

11:00 am - 12:15 pm

"Why Your Surety Needs all the Information"

Dave Pesce, Navigators Management Company, Inc.

You have a bond line and still your surety asks for more information with each bond needed…WHY?

Learning Objectives:

  • Learn why that “bond request form” is so important to the surety
  • Understand how this information is used in the underwriting decision process for individual bond requests
  • See real examples of information provided that changed the approach to a bonded project

 

Level: Update

1.5 CPE Credits in Specialized Knowledge

12:15 pm - 12:30 pm

Closing remarks/Adjourn

Delivery Method:  Group Live

The Construction Financial Management Association (CFMA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: Web site: www.learningmarket.org.

2017 CFMA Southwest Regional Conference Committee

© Construction Financial Management Association.

All rights reserved.

Orange County Chapter

Travis Foth, Rosendin Electric

Steve Ruelas, Griffith Company

Pam Hummel, Dodge Data & Analytics

Theresa Tate, Crawford & Bangs, LLP

Las Vegas Chapter

Kevin Booth, WestCor Companies

Jim Main, CliftonLarsonAllen

San Diego Chapter

Mandy Irvine, H5 Networks

Jackie Buck, Harper Construction

Lynn Hanson, Horizon Solar Power

Valley of the Sun Chapter

David Miller, Jokake Construction Services

John Corcoran, CICPAC

Marj Weber, Irontree

Albuquerque Chapter

Kari Juvera, Enterprise Builders Corporation

Justin Adams, Brycon

Inland Empire Chapter

Steve Lords, Arizona Pipeline

Hoop5 Networks, H5 Networks