DO YOU RECOGNIZE THIS REVENUE?
I sure hope this makes us all safer from giant acts of fraud, but somehow I doubt it. But back to non-profits and revenue recognition. Where can we get into trouble? Occasionally we do recognize revenue that we haven't billed for yet.
Today's Revenue Recognition, Compensation and Fraud News
which has since been acquired by Lucent, with recognizing revenue from sales with undisclosed side agreements. and charge-offs in the third quarter of 2006 primarily due to $10 million of fraud-related mortgage loan losses
Vol. 3.33: PLI's Compliance Counselor
There have been significant increases in reported occurrences and dollar impact (of accounting fraud) in recent years;; Revenue Recognition = 70% of new cases; Expense Understatement = 30% of new cases
IMAX Shares Nearly Half
This is an example of one of the most common types of revenue recognition fraud, and will likely not have a large material impact on the company. Investors were hit with another bombshell on August 10th, when the company stated in their
Revenue Recognition Issues
Revenue recognition is simply when a company books its sales. into 2000 when they accelerated the revenue recognition of leasing equipment over four years. investors can avoid many of the most common types of accounting fraud.
Comment on WSJ reports Google and YouTube are in acquisition talks
On the margin compression side we will have slowing growth of revenue due to click fraud recognition and slowing economy (not only YAHOO! disease), increasing Capex (now with not clear picture whether any of these investments are
Auditors are ‘on the edge of disaster’
CA kept shifting the goal posts on revenue recognition leading to horrendous obfuscation. When you see stuff like this from afar, We now know the directors were actively engaged in fraud. What the Big Four don’t understand is that
Do You Recognize This Revenue?
Nonprofit Eye: Why is the subject of Revenue Recognition suddenly so important? File it under “Blame it on Enron”. When this infamous company decided to recognize revenue based on their projection of future sales (NOT completed sales),
The Green Business Racket: Con Customers, Cut Corners, Boost Profits
The hotel would thus lose far more in revenue than it would save in costs. Green Hotels avoid this loss of revenue when they get people to accept less frequent organizations in order to keep up recognition for their activities.
KnowledgeLeader Updates for August 28, 2006
Characteristics of Fraud; Fraud Risk Factors; Audit Team Discussions, Obtaining Information, and Identifying and Assessing Risks; Revenue Recognition Fraud; Disclosure Failures and Concealed Liabilities and Losses; Evaluating Audit

HOCUS-POCUS ACCOUNTING
AUDITORS WITH A GOOD UNDERSTANDING of the client, the business and its products are well prepared to see the warning signs of revenue-recognition fraud.
IMPROPER REVENUE RECOGNITION
General factors tending to indicate premature revenue recognition REVENUE AND ASSETS OBTAINED BY FRAUD. Fraud against the government or customers
Revenue Recognition: Now, Later or Never? Page 1 of 5 Revenue
If You Skirt Revenue Recognition Rules -- It's Fraud. by D. Paul Regan, CPA, CFE. The issues that bear upon the details of how, when and in what amount
Rittenberg Detecting Fraud
Improper Revenue Recognition: A Major Financial Reporting Fraud Risk Area Revenue recognition is an area of extremely high risk, as identified by the SEC
Revenue recognition issues lie at heart of many a fraud - excerpts
'Revenue recognition issues lie at heart of many a fraud - excerpts from Revenue Recognition: Guidance, Implementation, and Fraud Concerns video course'

Revenue Recognition: Now, Later or Never? Page 1 of 5 Revenue
If You Skirt Revenue Recognition Rules -- It's Fraud. by D. Paul Regan, CPA, CFE. The issues that bear upon the details of how, when and in what amount
Rittenberg Detecting Fraud
Improper Revenue Recognition: A Major Financial Reporting Fraud Risk Area Revenue recognition is an area of extremely high risk, as identified by the SEC
Revenue recognition issues lie at heart of many a fraud - excerpts
'Revenue recognition issues lie at heart of many a fraud - excerpts from Revenue Recognition: Guidance, Implementation, and Fraud Concerns video course'
Revenue recognition: guidance, implementation, and fraud concerns
Revenue recognition: guidance, implementation, and fraud concerns from CPA Letter in Business & Finance provided free by LookSmart Find Articles.
Revenue Recognition: Guidance, Implementation, and Fraud Concerns
This course will give you an overview of the relevant accounting literature and the information you need to implement the authoritative guidance available.
Revenue recognition - Business White Papers, Webcasts and Case
White Paper Sarbox Has Widespread Impact on Revenue Recognition Policies White Paper Upfront: Sarbanes-Oxley Fails to Slow Fraud, Penton Media
Revenue-Recognition Decisions: A Slippery Slope?
They may not understand all the theory, but rest assured they know that revenue recognition has been the source of many a recent fraud.
Timing is of the Essence
REVENUE RECOGNITION VS. FRAUD. According to GAAP, revenue is recognized when the earnings process is complete and the rights of ownership have passed from