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Insights from the Experts: Analyzing the WIP Report
Welcome to our informative webinar on analyzing the WIP report and discussing its importance in the construction industry. Join Chris Mast, CPA, CCIFP of GBQ, as he highlights the nuances of construction accounting that make up this vital report and offers insights on effective analysis.
What you'll learn
The basics of accounting for construction contracts
Essential components such as revenue recognition and over & under billings
How to overcome common reporting challenges through automation and streamlined workflows
Ways to empower project managers with the financial data they need to avoid costly mistakes