Tuesday, September 9 & Wednesday, September 10, 2025
3-5 pm (ET), 12-2 pm (PT) 

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 the WIP schedule from the third-party user’s perspective and why ensuring its successful performance is necessary to the credibility of their businesses. 

After this course, attendees will be able to:
·         Define WIP and percentage-of-completion accounting methods (PCM).
·         Demonstrate best practices for internal use and analysis of WIP schedules.
·         Discuss how the external analysis of your WIP by third-party users (sureties, banks, CPAs, etc.) can have a profound impact on your business.

Level & Prerequisites
This is a group-internet webinar at the Basic Level. No prerequisites or advanced preparation required. 

CPE Information
Earn 4.0 CPE credits in the field of Accounting. CPE credit can only be earned by attending the live session and is not available by watching the recording. 

CCIFP Information
Earn 4.0 Professional Development CCIFP credits toward the General or Construction Knowledge requirement.

 Who Should Attend?
·         CFOs
·         Controllers
·         CPAs
·         Project managers
·         Project estimators and anyone who needs a better understanding of a WIP schedule

 Price
·         $207 for CFMA Members
·         $276 for Non-Members

CFMA Colleague Discount
If you are a CFMA member and would like to enroll someone at your company in this course who is not a CFMA member, please contact CFMA at education@cfma.org for more information.

CFMA Group Discount
If you are interested in registering a group of individuals at your company, please contact CFMA at education@cfma.org for more information.

Tim Lu, CCIFP, Assurance Senior Manager, Baker Tilly

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