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.

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. Attendees 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 businesses.

Prequalification programs have been well established for a long time, but questions still persist for many about how to choose the best subcontractor, and likewise as a subcontractor, how to put in your best effort to get the job. This session will take a deep dive into learning the prequalification process. Learn why some General Contractors (GCs) worry about Subcontractor failure. And for Subcontractors, learn how to become more comfortable with sharing financial information. Gain insight into best practices your company can implement to make your financial statement picture perfect.

This course is designed for accounting professionals new to the construction industry, as well as construction industry professionals who want or need a better understanding of construction accounting processes, construction cost management systems, job costs and job cost reporting, the WIP, and the most important elements of a contractor's financial statements. This six-hour course provides an introduction to the key processes and practices that make construction accounting unique.

This course is designed for accounting professionals new to the construction industry, as well as construction industry professionals who want or need a better understanding of construction accounting processes, construction cost management systems, job costs and job cost reporting, the WIP, and the most important elements of a contractor's financial statements. This six-hour course provides an introduction to the key processes and practices that make construction accounting unique.

This course is designed for accounting professionals new to the construction industry, as well as construction industry professionals who want or need a better understanding of construction accounting processes, construction cost management systems, job costs and job cost reporting, the WIP, and the most important elements of a contractor's financial statements. This six-hour course provides an introduction to the key processes and practices that make construction accounting unique.

Lead your company’s risk management process with recommendations from an experienced team of construction financial management and risk management experts. This program will deepen your knowledge of the risk transfer process; build a greater understanding of coverage; develop your competency and knowledge of both loss sensitive and guaranteed cost insurance programs; and provide recommendations to help you minimize risk for your firm and reduce the net impact of claims.

Lead your company’s risk management process with recommendations from an experienced team of construction financial management and risk management experts. This program will deepen your knowledge of the risk transfer process; build a greater understanding of coverage; develop your competency and knowledge of both loss sensitive and guaranteed cost insurance programs; and provide recommendations to help you minimize risk for your firm and reduce the net impact of claims.

This course will multiply your value as a key employee, teaching you how to get beyond ‘handling the insurance’ for your firm, and achieve comprehensive enterprise risk management, propelled by robust interfaces with all the departments in your company. The program will explore all aspects of surety, insurance, project bidding, safety, loss control, crisis management, technology risks, claims management, contract administration and legal issues. You will learn a “best practices” approach to managing the insurance year, the art of effectively interfacing with both internal/external partners, and how to mitigate risk from a project standpoint. Discover how effective risk management can provide you with a competitive edge and become a major profit center for your company.