2021 Virtual Food & Ag Summit

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2021 Virtual Food & Ag Summit

Events Date: March 2, 9, 10, 16, 23 and 30, 2021


Please join Barley Snyder and Herbein + Company, Inc. in March for a six-part virtual event series featuring a full menu of industry-focused, educational topics!


-Event Details-

Event Overview
Join Barley Snyder, Herbein + Company and other industry professionals for the 2021 Food & Ag Summit! This year's Food & Ag Summit will feature six virtual events throughout the month of March focused on hot topics relevant to the food & agribusiness sector. This six-part series is designed for business owners, corporate executives and knowledge leaders from food and agricultural companies. See full agenda below for more details and to register!

Virtual Zoom Event
You will need an internet connection, access to a computer, and audio capability via computer or phone in order to participate in this virtual event series. You will need to register for each session you'd like to attend. After you register for the session, you will receive a confirmation from Zoom via no-reply@zoom.com with your unique log-in instructions. We recommend you add your session(s) with your unique log-in instructions to your email calendar. If you have any questions, please contact Jennifer Mowen at jmowen@barley.com or 717-553-1066.


-Agenda-

Session 1 - Keynote: Federal Legislative Updates Affecting the Food & Ag Industries

Keynote by:
Charlie Garrison, President, The Garrison Group LLC
Welcome Message by:
Timothy Dietrich, Esq., Partner and Food & Agribusiness Group Chair, Barley Snyder
David Stonesifer, CPA, Managing Partner, Herbein + Company, Inc.
Date: Tuesday, March 2
Time: 9:00am - 10:30am

Description: We kick off the 2021 Food & Ag Virtual Summit with Charlie Garrison from the Garrison Group as we discuss what to expect for 2021 and beyond. Charlie is the President of The Garrison Group LLC in Washington, D.C. He is focused on lobbying for a myriad of issues including agriculture, immigration, environment, the food industry and more. He attended Purdue University, graduating with a B.S. in Animal Science. Charlie will cover key federal legislative updates including:
- Early Initiatives of the Biden/Harris administration
- Leadership, key committees and plans for bipartisanship in the 117th congress
- Prospects for Immigration Reform Affecting Ag Industry Labor
- Food production and climate change; keeping greenhouse gas reduction incentives voluntary, industry-driven and cost-effective
- International trade - next steps to keep U.S. agriculture growing
- Updates on nutrition assistance

Click here to register for Session 1!


Session 2 - Accounting Standard Updates: Key Updates on Revenue Recognition & Leasing

Presented by:
- Cory Eisenhofer, Manager, Herbein + Company, Inc.
- Christopher Kunkle, CPA, CFE, CITP, Senior Manager, Herbein + Company, Inc.
Date: Tuesday, March 9
Time: 9:00am - 10:00am

Description: Cory Eisenhofer and Chris Kunkle will cover key updates on Leasing (ASU) 2016-02 and Revenue Recognition (ASU) 2014-09. The presenters will provide a walk-through of Accounting Standard Update (ASU) 2016-02, Leases (Topic 842), providing insight into aspects of the new lease standard that are particularly relevant to lessees in a non-public entity. They will review how all leases will now be captured on the balance sheet and recorded through the financial statements, as well as the process to determine if a lease exists and how to record it properly under the new standard. They will give an overview of Accounting Standard Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606), providing insight into the new principles-based standard, including the 5-step process for revenue recognition. Cory and Chris will discuss what they saw during implementation, where people struggled the most, what they expect going forward, staying on top of the standard, and how COVID-19 impacted customer payments.

Click here to register for Session 2!


Session 3 - Ownership Transition, the Inevitable Decision: Is an Employee Stock Ownership Plan in Your Company’s Future

Presented by:
- Mark Caltagirone, CPA/ABV, Senior Consultant, Herbein + Company, Inc.
- Drake Nicholas, Esq., Partner & ESOP Team Chair, Barley Snyder
- Alexander Puskar, Esq., Attorney, Barley Snyder
Date: Wednesday, March 10
Time: 11:00am - Noon

Description: In this session, Barley Snyder attorneys Drake Nicholas and Alex Puskar, along with CPA Mark Caltagirone from Herebin + Company, Inc., will discuss employee stock ownership plans (commonly referred to as ESOPs) which provide a tax-advantageous ownership transition strategy that offers closely held companies the opportunity to seamlessly transfer ownership. They will address pertitent questions such as:
- What makes ESOPs so popular and why has there been such a resurgence of ESOPs as the preferred transition plan?
- How does an ESOP work? Who is in charge? Who benefits?
- Valuation and the ESOP process
- How to determine if an ESOP is the right transition vehicle

Click here to register for Session 3!


Session 4 - Cyber Incidents and Risk Management in the Food and Beverage Industry

Presented by:
- Donald Geiter, CIPP/US, Esq., Partner & Cybersecurity Team Chair, Barley Snyder
- Jeffrey Johns, CISA, CRISC, CDPSE, Partner & Director of IT Audit Services, Financial Outsourcing Solutions (Herbein + Company, Inc. subsidiary)
Date: Tuesday, March 16
Time: 1:00pm - 2:00pm

Description: The food and beverage industry ranks among the most vulnerable when it comes to managing cyber oversight and risk. Threat actors can pose a significant risk to the manufacturing processes, including releasing malware that can wreak havoc to an organization’s safety and operational protocols. In this session, Jeff Johns and Don Geiter will provide you and your organization with practical cyber risk management guidance, including an overview of the tools needed for your team to assess its potential liability and reduce its vulnerabilities.

Click here to register for Session 4!


Session 5 - Labor & Employment Forecast: Food & Agribusiness Edition
Presented by:
- Jill Sebest Welch, Esq., Partner & Employment Group Chair, Barley Snyder
- Silas Ruiz-Steele, Esq., Attorney & Immigration Group Chair, Barley Snyder
- Lauren Berkowitz, Esq., Attorney, Barley Snyder
- EmmaRose Boyle, Esq., Attorney, Barley Snyder
Date: Tuesday, March 23
Time: 1:00pm - 2:30pm

Description: In this session, Barley Snyder attorneys will provide insights into important labor and employment aspects relating to the food & agribusiness industry. Jill Welch will discuss the Biden Administration’s First 63 Days: Labor and Employment Initiatives and COVID-19 Update. EmmaRose Boyle will address navigating transportation and logistics developments. Rounding out the discussion, Silas Ruiz-Steele and Lauren Berkowitz will provide a roadmap for a successful I-9 process.

Click here to register for Session 5!


Session 6 - Selling Your Products: 2021 Challenges & Opportunities
Moderated by:
- Timothy Dietrich, Esq., Partner and Food & Agribusiness Group Chair, Barley Snyder
- Josh Pollet, CPA, Partner, Herbein + Company, Inc.
Presented by:
- Dr. Jim Jurgielewicz, DVM, Director of Live Operations, Joe Jurgielewicz & Son, Ltd.
- Mark Schlott, Chief Operating Officer, R.M. Palmer Company
- Justin Spannuth, Vice President & Chief Operating Officer, Unique Snacks
Date: Tuesday, March 30
Time: 10:00am - 11:30am

Description: Our final session will be moderated by Tim Dietrich and Josh Pollet, and will feature three local business leaders for a roundtable discussion about selling your products in 2021. Food & ag companies have faced many obstacles over the past year due to the pandemic. Our professionals will discuss some of the challenges and successes they’ve had and what they expect for 2021. Some of the topics they will discuss are: various sales channels such as big box retailers and online sales, supply chain distribution, customer demand, consumer packaging, production, etc. We hope you can join us for this timely and relevant discussion!

Click here to register for Session 6!

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