Work In Progress: A Deep Dive & Advanced Perspective of WIP
Part I: Wednesday, July 26, 2017 3:00-5:00 p.m. ET / 12:00 PM - 2:00 p.m. PT
Part II: Thursday, July 27, 2017 3:00-5:00 p.m. ET / 12:00 PM - 2:00 p.m. PT
Description
This four-hour intensive course will provide an advanced view of the Work in Progress schedule. Your WIP is more than a reporting tool; it is a financial management tool for your construction company. From this workshop, you will gain strategies to turn unexpected profit fade and enhancements into predictable events.
Learning Objectives
After attending this session, participants will be able to:
Presenters: Jim Grabski, MBA, CFO, Pence Companies
Level & Prerequisites
This is a group-internet based program at the Advanced Level. Participants should have at least three years’ experience in construction accounting, in-depth experience integrating construction contracts and estimates into a WIP schedule and a solid understanding of managing the cost review process. CFMA’s “A 360 View of Your WIP” course is also a recommended prerequisite.
CPE information
This course grants 4 CPE credits in the field of Accounting to eligible participants.
Who should attend?
This course is designed for C-level executives (including CEOs/Presidents, CFOs, COOs), Controllers, CPAs and Project Managers within construction firms that have a solid understanding of the work in progress (WIP) schedule and a thorough knowledge of construction financial management principles.