Construction Executive published an article by Partner Robert Mercado and Supervisor Megan Moriarty, breaking down the work-in-process schedule.
Construction Executive
By Robert Mercado, Partner, Assurance Services & Megan Moriarty, Supervisor, Assurance Services
Excerpt:
An in-depth and clear understanding of the WIP components is an essential tool to ensure any potential detriments are addressed immediately, hence reducing any potentially negative impact on a contractor’s financial statements.