Every contractor runs jobs. But only the disciplined few actually know where they stand financially.
In this episode, CPA Kathe Barrington joins Eric Anderton to break down how your Work-In-Progress (WIP) report reveals the real health of your company—and how misunderstanding it leads to hidden job losses, profit fade, and angry bonding companies.
You’ll Learn How To:
- Read a WIP report without getting lost in the numbers.
- Use percent-complete accounting to calculate earned revenue accurately.
- Avoid bad budgets, inaccurate closeouts, and fake profits.
- Train PMs to own their numbers and align with accounting.
- Standardize SOPs, cost codes, and reporting for consistent results.
- Build financial transparency that protects cash and bonding capacity.
Listen or Watch the Episode
Connect with Kathe Barrington
- 🌐 Website: https://www.kbcpa.biz
- 💼 LinkedIn: https://www.linkedin.com/in/kathe-barrington-a6346337/
- 📘 Facebook: https://www.facebook.com/people/Kathe-Barrington-CPA/100072271041746/
👉 More from Construction Genius
- 📘 Get the book Construction Genius: https://www.amazon.com/Construction-Genius-Effective-Hands-Leadership/dp/B0BHTRDY1T/
🧠 Learn about The Shift: Construction Leadership Course
