A DEEPER DIVE INTO THE WIP
Back by Popular Demand, the South Jersey Chapter Presents Part II: A Deeper Dive into the WIP. If you did not attend Part I in January, you missed a great a seminar; HOWEVER, you do not need to have attended Part I to benefit from Part II, so come out and join us! In January, our presenters spoke on the WIP, Internal Controls, and touched on trend analysis and fraud. In May, the panel returns to look even deeper into the trends and analysis and the “secrets” the WIP contains, as well as areas of possible frauds. This is being presented by Jim McGettigan, CPA, CCIFP, Director Construction Industry Services for CBIZ MHM, LLC & Shareholder of Mayer Hoffman McCann, P.C., Mark DeVito, Account Executive Construction Services, Travelers Bond & Specialty Insurance and Tim Hartzell, CFE, CCIFP, Fasano Acchione & Associates, LLC. This session will provide an update to the overview of the unique aspects of a contractor’s WIP schedule from the accountant’s perspective, along with a deeper dive into the WIP from the surety’s perspective. The presentation will be segregated into the following areas:
- Recap of a Contractor’s Financial Statement and WIPSchedules – How They are Connected
- WIP Analysis;Accountant’s Point of View
- WIP Analysis:What Does a Surety Do with a WIP Schedule and Why
- Fraud Within the WIP:How Does it Happen and What are the Impacts
There will also be time at the end of this presentation for a Q&A session with the presenters.
This event will provide 2.0 CPE credits in the field of specialized knowledge and applications for CPA's licensed in NJ and PA. This is a group - live course at the basic level. No prerequisites or advanced preparation is required.
DATE: WEDNESDAY -- May 4, 2016
TIME: REGISTRATION 3:30 PM
SEMINAR 4:00 – 6:00 PM
DINNER AND NETWORKING 6:00 – 7:30 PM
PLACE: Adelphia’s – Deptford, NJ
CONSTRUCTION FINANCIAL MANAGEMENT ASSOCIATION
The Source and Resource for Construction Professionals