Work in Progress: A Deep Dive & Advanced Perspective of WIP

Date: June 10, 2020 - June 11, 2020

Time: 03:00PM - 05:00PM

This four-hour intensive course will provide an advanced view of the work in process 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:

  • ​Describe the role of the formal cost review process in the outcome of the WIP
  • Discuss WIP analysis techniques, tips and tricks
  • Identify the impact of profit fade and fee enhancements

Level & Prerequisites:
This is a group-live 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 Credits:
This program provides 4 CPE credits in the field of Accounting. CPE is available for the live session only and not for viewing the program recordings or for On Demand purchases.

Who Should Attend?
General contractors, subcontractors, construction managers, equipment suppliers, accountants, sureties, insurance agents, software consultants

Price:
$140 for CFMA members and $199 for non-members
If you are a colleague of a CFMA member, you can receive a discount on registration. Contact education@cfma.org for details.

Speaker(s):
  • Tracy Allen, CPA, CCIFP, Partner, Aldrich Advisors
  • Joseph Harper, CPA, CCIFP, CFO, Greater Dayton Construction Group

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

Group viewing
If you plan to view this program as part of a group and need to earn CPE credit, please contact CFMA at education@cfma.org.

Click Here to Register