WIP Working Paper for Construction Companies: Why It Matters and How to Prepare It

WIP Working Paper for Construction Companies: Why It Matters and How to Prepare It Construction projects often span months or years. For accounting, audit, and tax purposes, the Work-in-Progress (WIP) working paper plays a crucial role. It ensures that revenue, costs, and profits are recognised accurately as the project progresses. This article explains what a … Continue reading WIP Working Paper for Construction Companies: Why It Matters and How to Prepare It