Backlog Is a Good Thing, Right?

Backlogs have historically spelled good news for construction companies, but backlogs recently have become a double-edged sword. While the promise of work is still a great indicator of future revenues, backlogs don't necessarily predict future profits. Backlog is typically considered a contractor's biggest asset; however, in these market conditions, could it be the biggest liability? Find out in this insightful webinar with our experienced construction leaders.
Learning Objectives
Upon completion of this program, participants will be able to:
- Describe the current economic landscape as it relates to backlog and what it can mean for companies
- Discuss the potential strengths and weaknesses backlog can create for companies
- Explain tips and next steps to help mitigate the potential issues backlog can create
If you have concerns or would like information regarding program cancellation policies or CPE credit, contact us at cpecompliance@forvis.com.
FORVIS, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.