Work in Progress Accounting

Tonya Schulte – Construction Accounting Specialist

Recently Tonya, one of our founders, was asked by CCAN (Construction Company Advisor Network) and Knowify to present a webinar on the basics of Percentage of Completion Accounting. The webinar is for those who need to understand the concepts behind the method, whether they are contractors or accounting advisors to contractors.

It all boils down to . . . well that is what the webinar is all about.

Before you jump in, I want to alert you to the fact that shortly into the webinar (at about 4:23) there starts to be a little bit of technical difficulty. Tonya’s voice is sketchy and cuts out a bit here and there. Hang tight – the slides are still there and quickly enough the voice issues are straightened out.

You’ll be able to hear her just fine before she gets to the deep dive of explaining how to use the principles involved in Percentage of Completion Accounting.

Now you can see why this method of accounting can be so useful for construction contractors.

The team here at Schulte and Schulte are trained in using this method for our construction contractor clients. If you’re interested in joining our successful contractor clientele, be sure to get your place in line on our waiting list by calling 480-442-4032 or Toll Free: 866-629-7735.  Simply let the person answering the phone know you would like to be added to the waiting list.