A WIP-challenged Industry --Dickeson

Our professional accountants know better, but they hang around in order to preserve their precious WIP (Work in Process) construct. The WIP is a part of their General Ledger Accounting routines that borrows BHRs and chargeable hours from Job Cost Accountancy. The assumption is that incomplete jobs should bear some of the period expense cost load that "matches" the future revenue to be generated by those jobs. So we "defer" reporting some expenditures until a future time by the WIP. Logical? Appealing? Seductive?