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A 360° View of Your WIP: How to Complete, Review, and Interpret a Work in Progress Schedule - Day 2 
Date/Time:
September 19, 2014   3:00pm - 5:00pm
 
Format:
       
  Synced Audio / Video / Slides
 
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This brand new WebLive program provides an in-depth view of the Work in Progress (WIP) schedule from all directions. Presenter & course creator Jim Grabski, MBA, will cover the accounting aspects of WIP – how to calculate, account for, and reconcile costs. He will also provide an internal analysis covering cash flow related to jobs, management and analysis tools, estimated costs to complete, projecting future profits using budgeting and forecasting, and much more.Finally, you will learn the significance of your WIP from the third party user’s perspective and why ensuring it’s successful performance is necessary to the credibility of your business.

After Attending This Program, You Will Be Able To:
  • Demonstrate the Work in Progress (WIP) and Percentage of Completion (PCM) accounting methods;
  • Apply best practices for internal use and analysis of Work in Progress (WIP) schedules;
  • Understand how external analysis from third-party users such as sureties, banks, CPA’s and others can impact your business
 


 
 
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