Note: If you have any difficulties registering, please call (717) 653-8106. Thank you!

Coronavirus (COVID-19) Update:
ABC Keystone continues to prioritize your safety to help prevent the spread of COVID-19. When you visit Chapter headquarters you will now see CDC-recommended safety precautions in place including COVID-19 symptom screenings, face mask requirements, enhanced cleaning measures and the implementation of social distancing to protect your health. We thank you in advance for your cooperation as we open up under these guidelines. Please enter the building at Door 1 when you arrive.

We can customize classes for you at your site! Customized training at your site is available following a review of the location for the implementation of current CDC recommended COVID-19 safety guidelines. Please reach out to (Safety) or (Career Development) for more information.

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Important Changes to Financial Reporting

September 10, 2019 @ 8:00 am - 10:00 am

$35 – $50

Important Changes to Financial Reporting


Tuesday, September 10 / 8:00 am – 10:00 am


Maintain Compliance on Revenue Recognition and Leases

Seminar Description:

In 2019 and 2020, significant changes are in effect for presentation of GAAP-basis financial statements. Contractors could be specifically affected because of the two changes, one to revenue recognition, and the other to how to account for leases.

Benefits of Attending:

  • Gain clarity on revenue recognition & lease reporting changes
  • Become familiar with upcoming changes to financial statements
  • Be confident that you are maintaining compliance with the new rules
  • Learn how to discuss the changes with your banking and bonding partners

Topics Covered:

  • Changes in reporting for revenue recognition & accounting for leases
  • Effects of changes to balance sheet and income statements
  • Resulting changes to various metrics
  • Specific examples of how to maintain compliance with the new standards
  • Keeping your financial and bonding partners in the loop

Who Should Attend:

Owners, CEOs, CFOs, Controllers, Bookkeepers, Bankers, Bonding Agents and anyone who uses GAAP-basis financial statements in decision-making will benefit from this course.


Kevin VanPelt, CPA, Manager, Assurance Division, Walz Group

Kevin heads the firms Construction practice area and is a member of ABC Keystone’s Education and Young Professionals committees. He has been in public accounting for nearly 10 years, and as a manager of audits, has worked with many complicated GAAP topics.

Dan Massey, CPA, Principal, Assurance Division, Walz Group

Dan oversees the Assurance Division of the firm, which handles all financial statements of firm clients. In public practice for almost 20 years, Dan has presented multiple times on GAAP standards and has written for ABC Spokesman as well as for the BIA and other trade publications. He is active in the construction, live event, and nonprofit sectors of the firm and is the current chair of the C.O.R.E. Task Force with ABC Keystone.

Preferred registration date: September 3, 2019

Price includes: price includes seminar, handouts and snacks

If you must cancel for any reason, please contact us immediately. Cancellations received less than 7 days of the start of class cannot be refunded; substitutions are permitted.

ABC Members may select the option to be invoiced. Non-members will need to please pay at time of registration either via credit card payment online or by calling Michele at the Chapter office: (717) 653-8106.

EIN: 23-1618254 – Contributions or gifts are not deductible as charitable contributions for federal income tax purposes. However, payments may be deductible by members as an ordinary, necessary business expense. See your accountant for details.

ABC Keystone Membership can help you advance your business!
Contact Mike Bachman Director of Membership to find out more.



September 10, 2019
8:00 am - 10:00 am
$35 – $50
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Michele Cook


ABC Keystone
135 Shellyland Road
Manheim, PA 17545 United States
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