Overview
This course helps project managers and accounting professionals increase financial fluency to better understand project profitability. Through a hands-on case study, participants will explore Work in Progress (WIP) calculations, billing practices, and their direct impact on a company’s financial health.
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Understand how PM decisions affect income statements and balance sheets.
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Identify the effects of underbilling and overbilling.
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Learn WIP’s impact on cash flow and profit margins.
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Explore percentage of completion accounting.