Building a Reliable Financial Cycle for Your Construction Business

Most financial reporting issues in construction are not purely accounting problems, nor are they simply job management problems. They often develop where financial discipline and project-level visibility intersect. Late cost entries, inconsistent PM forecasts, and uneven change order tracking can create gaps in both financial hygiene and job-level understanding. As those gaps move through the reporting cycle, they can result in distorted WIP, margin fade, and cash flow surprises that are difficult to explain and even harder to correct. In this session, Adam Canosa, CPA at Grassi, and Denver Sperry at ProNovos walk through the full construction financial cycle, from cost capture to executive decisions, and show how financial hygiene at each stage directly impacts the accuracy of your WIP, the confidence of your forecasts, and your visibility into cash flow. What you'll walk away with: A practical framework for the construction financial cycle, from cost capture to executive decisions A clear picture of where financial hygiene failures originate and how they compound Common WIP accuracy issues and how PM behavior drives them CPA perspective on revenue recognition, forecasting discipline, and what clean books actually require How technology reinforces, or exposes, operational maturity Learn more about ProNovos: https://pronovos.com