WIP Schedules in Construction
In this series, we have done a lot of research about construction accounting, and hopefully you are starting to feel more comfortable with the content we’ve covered so far.
Watch Video
Education & Training
-
-
Surety Bonds for Construction
Welcome back to our construction accounting series! Things are going really well for our construction company now!. We have internal controls in place for Job Costing and committed costs
Watch Video
-
Construction Reporting Planning
So far, our new business model has been thriving! But now, we are looking to ask tough questions with our collected data to determine the best path forward for the business.
Watch Video
-
Multi-Company Considerations for Construction Companies
Welcome back to our Construction Accounting series! Let’s jump right back into our role as construction controllers! Our company has been thriving, and now, our company is evolving.
Watch Video
-
Mitigating Risk in Construction
We’ve been taking in a lot of information from our spec book on the Portland library project, and it's understandable if you’re feeling a little bit overwhelmed.
Watch Video
-
Progress Billing for Construction
So far, we have been learning a lot about job cost, committed cost, and overhead costs. But you may be wondering when construction companies make their money.
Watch Video
-
Overhead Allocations in Construction
Today, we're talking about overhead and overhead allocations.
Watch Video
-
Construction Job Costing
Let’s start at the beginning by talking about Job Costing, which is unique to project based businesses like those in the construction industry.
Watch Video
-
Construction Equipment Expenses
Let’s go back to our example where we are controllers for a construction company. Now, it’s been a few months since we bought the new excavator, and we have found that keeping equipment is expensive.
Watch Video
-
Committed Costs in Construction
If you watched the first part of this series, you learned some basics about Job Costing and its importance in building out good reporting for project managers.
Watch Video
-
Certified Payroll for Construction
Welcome back to our Construction Accounting series. We have some good news today! Our construction company won the bid for the Portland library project!
Watch Video
-
Construction Cash Flow
As you recall, we wanted to buy an excavator for our business in our new role of Controller. To do this, we learned about WIP schedules and the percentage of completion method of accounting to apply f
Watch Video
