Accounting for the Public Interest: A Revenue Recognition Dilemma

Issues in Accounting Education, Volume 28, Issue 3

2013

Government

Case

  • Major

  • Advanced
  • Intermediate

  • Audit
  • Financial

  • Action
  • Experience
  • Reflection

This case illustrates how accounting rules impact the public interest in a revenue recognition issue for bill-and-hold sales and the real-world implications of accrual- versus cash-based accounting.