This series is designed to assist accountants, business owners, office personnel, and others in their roles as construction industry professionals. Each session will be held from 8:30-10:00am, and will include an important component of successful business operations. 

When registering for the full series, you may send a different individual from your company for each session, if preferred (please simply notify us of which individual will be attending that month). 

Registrations are also available for individual sessions, using the links below.

Introduction to Construction Accounting - October 11, 2017

Presented by Jacob Harvey, Foundation Software

Looking to grasp core construction accounting principles? This course was created to help introduce basic, construction-specific accounting concepts to those individuals charged with running the accounting and reporting functions for their construction company. During this 90-minute session, Jacob Harvey, an experienced Training Manager from Foundation Software, will walk attendees through the nuances that make construction accounting unique; showcasing items like the most important elements of a contractor’s financial statements and core components of revenue recognition, cash flow and bonding.   

Prerequisites:

This is a group-live program at the Basic level. No prerequisites or advance preparation is required.

Key Takeaways:

• Upon completion of this session, attendees should expect to have a better understanding of the following:
• Accounting basics, benefits, and principals
• Financial reporting; the key reports and the story they tell
• The differences between accounting and construction-specific accounting
• Revenue recognition, cash flow and bonding concepts

Ohio Sales Tax Update and Sales & Use Tax for Contractors - November 8, 2017

Presented by Mary Jo Dolson and Mark Thomas, Skoda Minotti

This presentation will cover:

1.  Ohio’s budget bill and the impact on your business
2.  Municipal Reform and the impact to contractors
3.  Ohio sales/use tax as it relates to the construction industry

Managing Risk as a Plan Sponsor: Being Aware and Striving for Retirement Plan "Readiness" - December 6, 2017

Presented by Michael Gheen, CPA/PFS, CRPS, Oswald Companies

This presentation will cover:

1. The Audit: IRS and DOL Audits – Things to be aware of and scenarios to prepare for

2. Mistakes Happen: Correcting your document and/or operational defects

3. Liability: ERISA Litigation and how to work towards avoiding exposure

Practical Ways for Business Owners to Maximize Their Business Value: Value Acceleration / Exit Planning - January 10, 2018

Presented by Michael Trabert, CPA, CVA, CMAP, CEPA, CM&AA, Skoda Minotti

This course will discuss the importance of focusing on building value in a business so that a business is always ready to transition.

Learning Objectives:

• Review historical transition success rates and a glimpse into the future
• Describe the Value Acceleration methodology
• Identify the 5 Stages of Value Maturity
• Discuss the 4 types of intellectual capital