Physical Progress vs. Financial Reporting in Construction Projects

The field says the job is further along. Accounting says it's not. In this episode, Eric Anderton and Kathe Barrington, CPA explain why that disconnect exists—and why both sides are right. The field measures physical progress. Accounting measures financial reporting. When those systems fall out of sync, WIP becomes unreliable, billing lags, and cash flow suffers. This episode is Part 3 of the Construction Accounting Series, following: WIP Reports Made Simple How to Use Your WIP to Protect Cash and Grow Profitability If you want fewer surprises and better control over your jobs, don't miss this conversation.