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Construction Accounting: Elements of the WIP

The Work in Progress (WIP) or Job Schedule is at the heart of financial accounting for construction companies. Learn the key elements of this report and how they relate to each other. Learn how the percent complete method of revenue recognition works.

January 18, 2022 (Tue)
11:00 AM - 1:00 PM
Virtual Training

This two-hour course is designed for those seeking a better understanding of construction accounting.

The Work in Progress (WIP) or Job Schedule is at the heart of financial accounting for construction companies. Learn the key elements of this report and how they relate to each other. Learn how the percent complete method of revenue recognition works. This course will also discuss the difference between markup and margin, and how to book the monthly WIP adjustment entry to revenue.

The virtual training course is live and instructor-led, instructions to join the training will be provided to participants upon registration. Please see the second course in the two-part series, WIP Analysis, which extends upon WIP and is also a two-hour session from 11 am to 1 pm PT on Jan 25th, 2021.

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ProCore Learning Portal

AGC of California is excited to announce that we has partnered with Procore.org to provide our members with FREE access to Procore’s library of continuing education courses. The courses are designed for construction professionals that must complete units to fulfill the learning requirements for license renewals, certification renewals, and organizational memberships. Be sure to check back frequently for new courses and webinars.

Custom Courses

AGC offers customized trainings to member companies based on their needs and priorities. Past custom courses have included Lien Construction Law, Blueprint Reading, and more. Request your custom training course today!

2021 Legacy Sponsors

HCSS Construction Management Software
McCarthy Building Companies
Nor-Cal Pipeline Services