Northeastern Wisconsin Chapter of CFMA

 MARCH 9, 2021 VIRTUAL MEETING

DATE

Tuesday, March 9, 2021
8:00 AM to 9:00 AM
See timeline below

Add to Calendar 

LOCATION

This is an online event (Zoom).

TIMELINE
7:55 - 8:00 AM
Welcome

8:00 - 9:00 AM
Presentation (Including Q & A)

FEES
None. This virtual event is open to CFMA Members and their guests.

CPE
This virtual event is eligible for 1 CPE credit. Participants must attend the entire online event and answer polling questions to receive credit.

REGISTRATION
Zoom meeting information will be sent in a separate message after successful completion.

CONTACT

Michelle Weiss
CFMA of Northeastern Wisconsin
920.750.9110
michelle@mwcommunications.org

TOPIC
Lessee Accounting for Leases under ASC 842 for Construction Contractors

LEARNING OBJECTIVES

  • Understand the basics of lessee accounting under ASC 842
  • Understand the implementation process for adopting ASC 842
  • Identify high impact areas from ASC 842
  • Identify practical considerations and opportunities when implementing ASC 842



PRESENTERS & BIOGRAPHIES


Andrew N. Dilling, CPA
Partner | Baker Tilly

Andrew Dilling, partner with Baker Tilly has been with the firm since 1999. Andrew is a member of the construction and real estate team and specializes in assisting clients with financial reporting and analysis, income tax planning and compliance, and succession planning.

Experience

  • Manages financial statement audit, review, and compilation engagements for clients in the construction, real estate, and affordable housing industries.
  • Manages income tax engagements for clients in the construction and real estate industries.
  • Provides tax planning strategies to individuals and closely-held businesses in the construction and real estate industries.
  • Provides entity choice and structuring strategies to closely held business in the construction and real estate industries.
  • Assists in the coordination and management of income tax audit examinations.
  • Assists families and closely-held businesses with planning and implementing business succession plans.
  • Assists clients in the construction industry with analysis of financial statements and contract schedules, evaluation of labor rates, equipment rates, and construction overhead, prevailing wage compliance, and managing expectations of sureties and lenders

Education

  • University of Wisconsin – Green Bay, Bachelor of Science in Accounting



Marcus P. Koehl, CPA
Audit Senior Manager | Wipfli

Marcus Koehl has been with Wipfli for over 10 years providing attestation services to closely-held businesses. He serves as a member of Wipfli’s construction and real estate leadership team, representing the Northeast Wisconsin region. In addition, Marcus also serves as the geographic leader for Wipfli’s hospitality industry team in Wisconsin. As a client relationship executive, he focuses on gaining an understanding of his client’s goals and managing Wipfli’s client service team to ensure those goals are achieved.


Areas of Focus

  • Manages tax engagements for real estate investors, real estate developers, general contractors, hospitality and income tax credit deals
  • Provides income planning services to clients serving multifamily, single family and commercial sectors of the real estate market
  • Provides tax research and advice to clients in the real estate practice, including acquisition, holding and selling real estate
  • Provides entity structuring planning for businesses in the real estate and construction industries
  • Assists in the coordination and management of federal and state tax audit examinations

Education

  • St. Norbert College, Bachelor of Business Administration Degree in Accounting 

   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: Website: https://www.nasbaregistry.org/

March 9, 2021 CFMA Chapter Meeting: Instructional Method: Virtual-live; Experience Level: Basic; Prerequisites / Advance Preparation: None; Field of Study: Accounting; Recommended CPE Credits: 1.0

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: Website: https://www.nasbaregistry.org/


December 8, 2020 CFMA Chapter Meeting: Instructional Method: Virtual-live; Experience Level: Basic; Prerequisites / Advance Preparation: None; Field of Study: Taxes; Recommended CPE Credits: 1.0