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Series

Construction Accounting Certificate Program

Session: 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.

SeriesSession 1 of 2
August 22, 2024 (Thu)
11:00 AM - 1:00 PM
Virtual Training

Brought to you by the Emerging Leaders Program, this 2-unit 4-hour program is designed for those seeking a better understanding of construction accounting.

Target Audience: Anyone in construction on a project team or involved with managing, scheduling, accounting, or estimating. Young professionals and Emerging Leaders Program members qualify for a 10% discount on registration fees. Contact training@agc-ca.org or your Emerging Leaders Program contact to obtain a promo code for discounted pricing.

Participants who successfully complete the 2-units receive a digital credential and certificate in addition to a hard hat sticker.

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, which extends upon WIP and is also a two-hour session from 11 am to 1 pm PT on August 29.

The cost for the series is $150 per person for members and $200 per person for non-members. A-la-carte pricing for individual units is $75 per person for members and $100 per person for non-members. Participants must successfully complete both units to qualify for the digital credential, certificate, and hard hat sticker.

Series Sessions

1
This Session
Session 1: Elements of the WIP
August 22, 2024 (Thu)
2
Session 2: WIP Analysis
August 29, 2024 (Thu)

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