Financial doubt regarding

what is mean by working process and work in progress give some practical examples nowadays???
Replies (2)
Quick Summary
This discussion clarifies the meaning of 'work in progress' (WIP) and 'working process'. WIP refers to inventory or assets that are not yet complete for sale or use, such as unfinished products or buildings under construction. The conversation aims to provide practical examples to help understand these financial concepts better.

If your product which you sell is not fully completed for sale it is called as work in progress inventory, if an asset like building is under construction is not fully completed for its use then that's also called capital work in progress
What is mean by work in process??

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
26 September 2026
Chartared Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details