Accounting | United Contractors

WIP It! Upgrading the WIP Schedule to a Management Tool

This is a two-part session taking place on August 2 and August 9 from 2:30 pm - 3:30 pm each day. The class takes a deep dive into preparing the work in process schedule and how these schedules can provide value to many segments of the Contractor’s business. The goal is to create a tool that expands further than just financial reporting.

Construction Finance

This class covers detailed topics and best practices for construction accounting and finance.

What You Will Learn

The basics of construction revenue recognition, WIP schedules, and balance sheet
Understanding key cash flow issues
Being familiar with financial issues related to unapproved change orders/claims
Understanding the importance of job cost control and estimated costs to complete

Target Audience

Construction accounting managers, project accountants, project management