I accepted a role in construction accounting 4 months ago and have not been able to find this information in this format that explains everything conceptually, and this video is PERFECT for that. Thank you for making this!!
Just was hired as a project engineer for a company located in south central PA. This was an outstanding explanation on WIP. I grasped the concept of why it’s important in the process but the graph really etched in the timeframe component of Earned over Actual. Or as you put it recognized revenue to earned revenue. Instant follow
This is excellent. Thank you.
I accepted a role in construction accounting 4 months ago and have not been able to find this information in this format that explains everything conceptually, and this video is PERFECT for that. Thank you for making this!!
I'm glad you found it helpful. Good luck in your new job!
Just was hired as a project engineer for a company located in south central PA. This was an outstanding explanation on WIP. I grasped the concept of why it’s important in the process but the graph really etched in the timeframe component of Earned over Actual. Or as you put it recognized revenue to earned revenue. Instant follow
Thank you for the comment! Glad it made sense. Our goal was to simply explain a topic that can get complicated.
Great explanation , thank you
could u show the journals for all stages ?
Where can i find the journal entry for the revenue recognition webinar?