Real-Time Work-in-Progress Figures — Construction’s Secret Weapon
ProcurementExpress.com
JANUARY 2, 2019
Work in progress figures might not sound like something you need to think much about. Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. WIP is one element of an inventory account. That’s accounting’s job, right?
Let's personalize your content