Identifying Ethical Issues and Accounting Choices Assume you are a technology services provider and you must decide

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Identifying Ethical Issues and Accounting Choices Assume you are a technology services provider and you must decide on whether to record revenue from the installation of computer software for one of your clients. Your contract calls for acceptance of the software by the client within six months of installation. According to the contract, you will be paid only when the client “accepts” the installation. Although you have not yet received your client’s formal acceptance, you are confident it is forthcoming. Failure to record these revenues will cause your company to miss Wall Street’s earnings estimates. What stakeholders will be affected by your decision, and how might they be affected?

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Financial Statement Analysis And Valuation

ISBN: 9781618532336

5th Edition

Authors: Peter D. Easton, Mary Lea McAnally, Gregory A. Sommers

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