A 360 View of Your WIP Search

This program provides an in-depth view of the Work in Progress (WIP) schedule. The first part of the course will cover the basic accounting aspects of WIP including how to calculate, account for, and reconcile costs. Part two will explore the perspective of an internal analysis covering cash flow related to jobs, management and analysis tools, estimated costs to complete, and projecting future profits using budgeting and forecasting. Students will also learn the significance of your WIP schedule from the third party user's perspective and why ensuring its successful performance is necessary to the credibility of their business.