The Ins and Outs of WIP Reporting
Join Chris Mast, CPA, CCIFP (GBQ), along with Kevin Bright and John O'Bryan (ProNovos), for an educational session designed to help you confidently read, interpret, and analyze your WIP report so you can make better financial decisions and communicate more effectively with internal teams and external stakeholders.
What's covered
Understanding the fundamentals — learn how revenue recognition, over/underbillings, and percentage complete impact your WIP report
Best practices for WIP preparation — structure your reports for both internal use and external stakeholders (CPAs, banks, and sureties)
Advanced WIP analysis techniques — tailor your WIP report to fit your business's specific needs and uncover deeper financial insights
Educating project managers — help your teams understand WIP data to prevent costly mistakes