Tip - Work in Progress • The Strategic CFO

Published 10 years ago | Submitted by Alicia chambers

In accounting, a work in progress (WIP) account is an inventory account that includes goods that are in the process of being produced but are not yet finished.

For further reading: http://strategiccfo.com/wikicfo/work-in-progress/

About Author

Alicia chambers

More by Alicia chambers

About This Tip

Posted: 10 years ago

183 Reads

0 Votes