8:00 a.m.-12:00 p.m. Saturday, May 17th

Chapter Summit VI focuses on chapter “nuts and bolts” through Great Chapter! Day exercises including Getting Members Involved, The Value of Strategic Planning, Chapter Challenges and Opportunities, Structuring a Dynamic Board of Directors, What’s New @ HQ, Best Meeting Programs, and an open Q&A Forum.  See how your chapter can become one of CFMA’s best!

8:30 a.m.-5:00 p.m. Saturday, May 17th

This ever-popular course is designed for accounting professionals new to the construction industry, as well as non-accounting construction industry professionals who need a better understanding of construction accounting processes, construction cost management systems, job costs and job cost reporting, the WIP, and the most important elements of a contractor’s financial statements. From the contract life cycle through job cost reporting and analysis, revenue recognition, and computing earned revenue, this course covers the key processes that make construction accounting unique and the basics you need to know to do your job more effectively. At the end of the day, you will be able to:

• Identify key construction accounting principles

• Explain the core concepts of revenue recognition

• Discuss the importance of a job cost system

• Calculate earned revenue

8:30 a.m.-5:00 p.m. Saturday, May 17th

This popular course is designed to help you prepare for the CCIFP exam, the only standard for our profession.
At the end of this course, you will be able to:

• Identify what every construction financial professional should know

• Develop a study plan

1:00 p.m.-5:00 p.m. Saturday, May 17th

This four-hour, action-oriented seminar allows you to experience the models, methods, and tools of personal empowerment and development. Many of these powerful benefits are presented at CFMA Seeking True North Renewal, and Spring Creek – The Annual Retreat for Incoming Chapter Presidents held every October in Jackson Hole, Wyoming. Learn the powerful “3P” key takeaways:

• Prepare: Figure out strategies to clarify and create your ideal personal and professional visions

• Practice: Create models, methods, tools, and habits for personal and professional development

• Passion: Achieve desired end results and enjoy the process along the way

Tim Walther,
Founder & President
Grand Dynamics, Inc.

7:00 p.m.-10:00 p.m. Saturday, May 17th

MetroWest Golf Club is listed among the Most Magnificent Golf Courses in Orlando. Opened in 1987, this Robert Trent Jones, Sr. signature design course features spring-fed lakes and mature native trees bordering expansive, rolling fairways. Large, undulating greens strategically surrounded by sculpted bunkers, meticulously maintained fairways, and immaculate greens provide tournament playing conditions every day. A fair, yet demanding test of golf with every shot. Visit www.metrowestgolf.com for more information.

8:30 a.m.-12:30 p.m. Sunday, May 18th

Effective cash management is the key. This informative session covers the principles of the cash flow life cycle, optimizing cash flow, and cash forecasting. Learn how to:

• Explain the value of cash flow management

• Establish and use internal controls

8:30 a.m.-12:30 p.m. Sunday, May 18th

This session provides an overview of insurance, project bidding, safety/loss control, claims management, contract administration, and legal issues. You'll learn how to:

• Develop an effective risk management strategy

• Implement practical risk management techniques

8:30 a.m.-2:30 p.m. Sunday, May 18th

Interested in becoming a CFMA Educational Instructor? Already an instructor looking to take your teaching skills to the next level? Join us as we kick off our new approach to Train the Trainer.

• Practice presentation and instructor skills to help you perfect your teaching techniques

• Learn from our most highly rated instructors as they share how they bring their classes to life

• Examine the course materials for CFMA educational offerings

• Talk to course developers about their programs

CFMA instructors are in demand. Find out how you can become one – or become a better one! Pre-registration is required and space is limited.

3:00 p.m.-4:00 p.m. Sunday, May 18th

6:30 p.m. – 8:00 p.m. Sunday, May 18th

3:00 p.m.-5:30 p.m. Sunday, May 18th

All conference attendees are encouraged to attend these important association proceedings:

• Annual Board of Directors Meeting, with a presentation of the Annual Report

7:00 a.m.-8:00 a.m. Monday, May 19th

This session will examine:

• Why CFOs have different needs than other “C-level” councils

• The structure and workings of a CFO Peer Group

• Why this format provides CFOs with insights they cannot get anywhere else

7:00 a.m.-8:00 a.m. Monday, May 19th

8:30 a.m.-5:00 p.m. Monday, May 19th

This ever-popular course is designed for accounting professionals new to the construction industry, as well as non-accounting construction industry professionals who need a better understanding of construction accounting processes, construction cost management systems, job costs and job cost reporting, the WIP, and the most important elements of a contractor’s financial statements. From the contract life cycle through job cost reporting and analysis, revenue recognition, and computing earned revenue, this course covers the key processes that make construction accounting unique and the basics you need to know to do your job more effectively. At the end of the day, you will be able to:

• Identify key construction accounting principles

• Explain the core concepts of revenue recognition

• Discuss the importance of a job cost system

• Calculate earned revenue

8:15 a.m.- 9:45 a.m. Monday, May 19th

Through sidesplitting humor and reality-tested techniques, Steve Gilliland reveals the way to face conflicting demands in an unforgiving business environment that keeps getting tougher. He will show you how to re-ignite your passion with his compelling challenges to never lose your focus. Steve delivers a simple, clear, and profound message for every construction financial professional! Fasten your seatbelt and hold on as one of America’s most entertaining corporate speakers shows you how to “Enjoy The Ride!”

8:30 a.m.-5:00 p.m. Monday, May 19th

This ever-popular course is designed for accounting professionals new to the construction industry, as well as non-accounting construction industry professionals who need a better understanding of construction accounting processes, construction cost management systems, job costs and job cost reporting, the WIP, and the most important elements of a contractor’s financial statements. From the contract life cycle through job cost reporting and analysis, revenue recognition, and computing earned revenue, this course covers the key processes that make construction accounting unique and the basics you need to know to do your job more effectively. At the end of the day, you will be able to:

• Identify key construction accounting principles

• Explain the core concepts of revenue recognition

• Discuss the importance of a job cost system

• Calculate earned revenue

Get an update on such issues as the definition of a home construction contract, look-back, and accounting methods, plus learn about:

• New projects of interest from the IRS

• Current legislative initiatives

• Recent court rulings

• Planning strategies for an election year

John Armour, CCIFP, Director
CBIZ Accounting Tax & Advisory Services, LLC

10:00 a.m.-11:15 a.m. Monday, May 19th

Discover how to create a winning wellness program by identifying and quantifying the health risk of your employees, and designing effective strategies to improve employee health in your high-risk groups. In this session, you’ll also learn how to:

• Evaluate the three variables that drive healthcare purchasing

• Assess and quantify the health risk of your workforce

• Model future potential costs based on current risk factors

• Develop an appropriate wellness/ disease management plan

10:00 a.m.-11:15 a.m. Monday, May 19th

This session explores several questions relative to construction in the U.S., including:

• Why does the industry operatethe way it does?

• What industry-wide solutions are possible?

• What project-specific solutions are possible?

• Are fixed-price contracts the answer?

10:00 a.m.-11:15 a.m. Monday, May 19th

Learn how successful contractors turn their insurance and risk management costs into opportunities that enhance their bottom line. At the end of this session you’ll know how to:

• Effectively use captives (especially smaller contractors)

• Think like an insurance carrier and charge an appropriate cost for the risk you assume

• Identify the total cost of risk and determine how to price it

James Bly, Managing Director
Marsh

10:00 a.m.-11:15 a.m. Monday, May 19th

Find out how effective use of IT can lower risk in:

• Audits

• Subcontractors

• Revenue Forecasting

Plus, you’ll learn to develop tools to assess risk management and identify best practices for systems and risk management.

David Anderskow, CFO
Power Construction

11:20 a.m.-12:35 p.m. Monday, May 19th

Discover how to benchmark your company’s lost work time cases against construction industry norms as you learn to:

• Reduce the effects of a shrinking and aging workforce

• Align your company’s injury management processes

• Make a business case for return to- work in construction

• Overcome barriers to return-to work programs

• Examine strategies to contain medical costs

• Shift from a “return-to-work” to a “stay-at-work” approach

Calvin Beyer, VP, Construction
Arch Insurance Group

11:20 a.m.-12:35 p.m. Monday, May 19th

Tired of ineffective tracking methods? There is a better way. This session designed especially for Heavy Highway contractors addresses:

• Equipment stats, location, and fuel reporting

• Tell-tale reporting: consumption reporting and usage verification

• Maintenance planning and scheduling

• Integration and industry implementation

• Product availability (scanning, GPS, etc.), product comparison, pros and cons

• Company savings: cost/benefits/ease of use

• Virtual capture to precise reporting for accurate analysis

Brian Cooney, CCIFP, VP-CFO
Barriere Construction

Anne Devine-Thul, Controller
Pulice Construction, Inc.

11:20 a.m.-12:35 p.m. Monday, May 19th

Analyze lessons learned from the mistakes of others through the:

• Five root causes of financial catastrophe

• Recurring failure of large construction companies

• Research results on causes of contractor failure

11:20 a.m.-12:35 p.m. Monday, May 19th

Profitable contractors know how to control their risk management costs with effective safety management tools. In this informative session, you’ll learn:

• A new, effective approach to safety management for your company

• The best practices to reduce on-the-job injuries and death

• The four crucial elements to implement an effective safety management program

11:20 a.m.-12:35 p.m. Monday, May 19th

You can earn higher profits through the efficient use of change orders. However, there are some rules. This session focuses on those best practices. You’ll learn:

• The ten commandments of change orders

• The impact of change orders on cash flow

• The most frequently overlooked change order costs

• The ideal change order process

• How the “mind of the contractor” contributes to change order challenges

Join us as we present the Outgoing Chairman Award to George J. Rebeck, Jr., and the Company Appreciation Award to Walton Construction. Then, welcome our Incoming Chairman, Vickie L. Spotts.

Get an update on such issues as the definition of a home construction contract, look-back, and accounting methods, plus learn about:

• New projects of interest from the IRS

• Current legislative initiatives

• Recent court rulings

• Planning strategies for an election year

John Armour, CCIFP, Director
CBIZ Accounting Tax & Advisory Services, LLC

3:45 p.m.-5:00 p.m. Monday, May 19th

Discover how to benchmark your company’s lost work time cases against construction industry norms as you learn to:

• Reduce the effects of a shrinking and aging workforce

• Align your company’s injury management processes

• Make a business case for return to- work in construction

• Overcome barriers to return-to work programs

• Examine strategies to contain medical costs

• Shift from a “return-to-work” to a “stay-at-work” approach

3:45 p.m.-5:00 p.m. Monday, May 19th

Analyze lessons learned from the mistakes of others through the:

• Five root causes of financial catastrophe

• Recurring failure of large construction companies

• Research results on causes of contractor failure

Party the night away in a fun and festive atmosphere at SeaWorld Adventure Park Orlando. We will begin the evening at the Sea Harbor Pavilions with a fabulous buffet dinner. Then, fly straight into the heart of an arctic storm and make your way toward one of the planet’s most extreme destinations – a place where magnificent polar bears, beluga whales, and walruses have turned Mother Nature’s most challenging conditions into a polar playground. Adventure Park Orlando is a delightful tropical playground packed with fun and surprises for the whole family! Children will have a ball exploring the colorful three-acre harbor, filled with more than 20 inviting and exciting activity areas. Cut loose, climb on, and jump in at Shamu’s Happy Harbor! This fabulous event will conclude with a private showing of Shamu Rocks staring SeaWorld’s Killer whales. This show is a rock-n´-roll concert of unprecedented proportions, combining improvisational movements of killer whales with remixed music of today’s hottest rock stars.

7:00 a.m.- 9:00 a.m. Tuesday, May 20th

Unlock a treasure chest of ideas for effective chapter operations! Join us on the Jolly Roger as we recognize chapters that earned accolades for innovative chapter programming. We’ll sail the high seas picking up clues leading to the gold (and silver and bronze) as we showcase this year’s best chapter practices. Don’t miss this opportunity to help your chapter discover new ideas and keep member excitement alive.

9:15 a.m.- 10:30 a.m. Tuesday, May 20th

This session focuses on real life examples of how fraud can result in a major hit to your bottom line. Learn what to do to prevent fraud from turning your black line into a red one. You'll learn:

• The who and how of frauddetection

• Procedures and remediesto recover losses

• Safeguards and internalcontrols to deter fraud

Russ Agosta, Retired Partner
Grant Thornton LLP

Mark A.Aiello, Partner
Foley & Lardner, LLP

John Horan, ConstructionIndustry Leader
Foley & Lardner, LLP

9:15 a.m.- 10:30 a.m. Tuesday, May 20th

Healthcare costs keep escalating, and our industry is not immune. This session will help you learn:

• What makes your population unique

• How to understand the total cost of healthcare

• How to uncover the employer groups driving your costs

• Strategies that address the needs of your target population

9:15 a.m.- 10:30 a.m. Tuesday, May 20th

Ken Simonson, the Chief Economist of AGC and contributor to CFMA’s 2007 Construction Industry Annual Financial Survey, will explain what he sees for the coming year.

• Will materials prices spike again?

• What’s ahead for labor supplyand costs?

• What segments are hot or not?

• Will housing revive? And howwill it affect other segments?

Ken Simonson, Chief Economist
Associated General Contractors of America

9:15 a.m.- 10:30 a.m. Tuesday, May 20th

Learn the “Four Must Knows” of CGL coverage in the current insurance market to better protect your company:

• The anatomy of the CGL Policy

• The standard exclusions contained in the standard policy and the related exceptions

• The key endorsements deleting standard coverage in the current insurance market

• The non-standard exclusions deleting coverage in the current insurance market

9:15 a.m.- 10:30 a.m. Tuesday, May 20th

You can earn higher profits through the efficient use of change orders. However, there are some rules. This session focuses on those best practices. You'll learn:

• The ten commandments of change orders

• The impact of change orders on cash flow

• The most frequently overlooked change order costs

• The ideal change order process

• How the “mind of the contractor” contributes to change order challenges

10:45 a.m.- 12:00 p.m. Tuesday, May 20th

1:00 p.m.-5:00 p.m. Tuesday, May 20th

Effective cash management is the key. This informative session covers the principles of the cash flow life cycle, optimizing cash flow, and cash forecasting. Learn how to:

• Explain the value of cash flow management

• Establish and use internal controls

• Recommend and apply sound cash management techniques

1:30 p.m.-2:45 p.m. Tuesday, May 20th

This session will explore the sometimes surprising financial impact of leasing your equipment. You'll learn:

• The legal and operational issues surrounding leases

• The difference between GAAP and tax accounting treatment for leases, including synthetic lease transactions

• How to structure leases to accomplish your desired business, financial, and tax objectives

Bob Benson, Executive
Crowe Chizek and Company LLC

John Colwell, Executive
Crowe Chizek and Company LLC

1:30 p.m.-2:45 p.m. Tuesday, May 20th

Great leadership demands great communication skills. Many people mention it as one of the top skills they look for in great leaders. Yet, communication skills are rarely looked at it from all aspects. This workshop will give you a better understanding of the various aspects of effective communication. You’ll learn how important both the intention of the sender and the perception of the receiver play into the message and its effectiveness.

1:30 p.m.-2:45 p.m. Tuesday, May 20th

The American Institute of Architects (AIA) recently released its update to the AIA contract documents. The release included approximately 40 revised, renumbered, or new AIA documents. Here’s what every CFM should know about the 2007 changes to the AIA contract forms, including:

• Ten keys to modifying andsurviving the 2007 AIA A201 General Conditions

• A comparison of available construction contract forms

• Trends in construction contractrisk allocation

• The new Consensus DOCS: An AIA contract alternative?

Brian Perlberg, Senior Counsel, Construction Law
Associated General Contractors of America

1:30 p.m.-2:45 p.m. Tuesday, May 20th

Discuss key elements of a business continuity and disaster recovery plan, as you:

• Identify threats to your business and its vulnerabilities

• Explore ways you can address those threats and vulnerabilities

• Learn what part insurance plays in your plan

Paul Dumm, Manager Business Advisory & Consulting Services
RSM McGladrey, Inc.

Jeff Roth, Director of ITBusiness Consulting & Risk Management
RSM McGladrey, Inc.

1:30 p.m.-5:00 p.m. Tuesday, May 20th

• Find out surety perspectives of Heavy Highway contractors

• Learn why good contractors go bad

• Learn what constitutes “the best surety program” and how to get it for your company

• Discuss how a surety analyzes your financial statement

Richard M. Huber, Account Specialist
Safeco Surety

• Due diligence procedures

• Valuation fundamentals

• Letter of intent clauses

• Key considerations

• FAS 150 disclosures

• Newco and Phantom stock concepts

3:00 p.m.-5:00 p.m. Tuesday, May 20th

This advanced course focuses on the cash forecast tools presented in the Cash Management Mini- Conference on Sunday. (Prior attendance at Mini-Conference III is strongly recommended.)

• Get a hands-on approach to developing cash forecasts using mocked-up company numbers

• Learn how to forecast sales/volume beyond existing backlog

• Learn how to predict future cash flow based on past performance and trends

• Take home tools, sample spreadsheets, and templates for cash forecasting

3:00 p.m.-5:00 p.m. Tuesday, May 20th

Tom’s research on high performance during the last 20 years has included astronauts, CEOs, and world leaders. What does it show? The leaders of high performing teams consistently treat team members differently in three different areas. In a balanced fashion, they:

• Believe in them

• Hold them accountable

• Provide a supportive environment

Most leaders use all of these skills to some degree; very few use all three consistently to reach the desired performance levels. If you want to learn proven ways to get that extra 10-20% of performance from those around you, come to this session ready to take notes.

3:00 p.m.-5:00 p.m. Tuesday, May 20th

Discover how a surety analyzes your WIP schedule and learn:

• A surety’s view of CEE>B’s and B>CEE’s

• Future cash flow and pure job borrow

• Projecting a Balance Sheet and Income Statement

3:00 p.m.-5:00 p.m. Tuesday, May 20th

• Learn how to tackle the top 10 contract clauses that cause the most litigation.

• Find out how to better negotiate contracts and mitigate your company’s risk before a job starts.

•Take away real-life examples and common sense solutions to difficult problems.

8:00 a.m.-10:00 a.m. Wednesday, May 21st

Get a comparative analysis of liquidity strategies and discuss the:

• Attributes and challenges of an ESOP

• Tax treatment for sale proceeds

• Management succession and cultural impact of transaction

• Estate planning in a transaction

John Eckbert, Managing Director
PCE Investment Bankers

8:00 a.m.-10:00 a.m. Wednesday, May 21st

Understand the severe potential liability a contractor faces.

• Learn how the cards are “stacked” against a contractor when a member of the public is injured in a work zone

• Review real-life work zone GL claims and associated litigation

• Understand how to better protect your company and its assets

8:00 a.m.-10:00 a.m. Wednesday, May 21st

Even good companies have communications challenges. This session will show:

• How the office and field can get along

• The construction “Food Chain”

• Effective communication with individual personality styles

8:00 a.m.-10:00 a.m. Wednesday, May 21st

• Review the parameters of an insurance relationship

• Understand the traditional mindset

• Explore ways to increase the value of the relationship

• Identify deliverables that benefit all parties of the relationship

• Recognize how a relationship can be maximized over time

Jennifer Lee, Regional VP
Travelers

8:00 a.m.-10:00 a.m. Wednesday, May 21st

Learn how to break the cycle and get the most from the software and systems you already have in place. This session will help empower your staff to maximize your company’s IT ROI.

• Discover new features in your software through updates

• Use new features in your software with minimal impact to your daily operations

• Discover how process improvement can increase your software utilization

• Maximize software utilization with training, policies, and procedures

• Advance systems utilization through integration, customization, online help, and alternative training methods

Brian Andrew, Regional Account Manager
Dexter + Chaney, Inc.

8:30 a.m.-12:30 p.m. Wednesday, May 21st

This session provides an overview of insurance, project bidding, safety/loss control, claims management, contract administration, and legal issues. You'll learn how to:

• Describe an effective risk management strategy

• Implement practical risk management techniques

10:15 a.m.-11:30 a.m. Wednesday, May 21st

This session reviews the new auditing standards effective in 2007.

• Review the new requirements and the basis for the changes

• Find out why your auditors are changing the way they audit your company

• Prepare to deliver on new auditor requests

• Explore how these changes affect audit completion and issuance of your financial statements

10:15 a.m.-11:30 a.m. Wednesday, May 21st

• Learn good hiring practices

• Find out how to protect your company and its assets

• Discover the keys to consistent employee relationships

• Know which termination pitfalls to avoid

10:15 a.m.-11:30 a.m. Wednesday, May 21st

• Practical strategies in hedging energy and raw material costs

• Future contracts and call options

• Manage your risk and fuel cost within an acceptable range

• Purchasing strategies

• Practical examples and accounting for option costs

• Accounting for Manufacturing Costs – Aggregates, Asphalts, etc.

• Cost accumulation methods

• Cost transfer methods

Richard F. King, Treasurer/Finance Coordinator
Schlouch, Inc.

Fred Stremble, Controller
Dufferin Construction Co.

10:15 a.m.-11:30 a.m. Wednesday, May 21st

There have always been significant issues in the construction industry such as customer payment, rising insurance costs, project management capabilities, and corporate ethics. But, what new issues confront CFMs? This interactive panel discussion provides insight into the next wave of challenges and potential solutions.

Paul Bryant, Managing Partner
Pivotal Management Consulting

10:15 a.m.-11:30 a.m. Wednesday, May 21st

Understand and assess risk for contracting operations. In this session, you’ll:

• Review the ISO coverage forms and applicability to construction completed operations

• Discuss construction defect exposures

• Evaluate forms, endorsements, and exclusions used by insurance markets

11:45 a.m.- 12:45 p.m. Wednesday, May 21st

Learn how Disney and FedEx create exceptional customer experiences, and discover how you can do the same. Tom Connellan and his partners have researched more than 110,000 customer transactions. He combines insight with the latest, research to describe how to capture the hearts and minds of your customers. This session will show you a new way to drive sustainable profits in your company. You'll see:

• Why, in the eyes of your customer, your competition isn’t who you might think it is

• Why customer satisfaction is a poor predictor of loyalty

• The five stages of loyalty and support and how to move your customers from one level to the next