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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
2 / 452 |
Essay's paper body
Besides there current revenue recognition is aggressive and with the new revenue recognition there day’s receivables will be 120 days instead of 160. It also has a positive effect on there liquidity; therefore it is recommendable to make the accounting change.
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Oracle recognized its license fee either upon shipment of the product or at the time such agreements are effective. In most instance is this the date of the agreement. The assumptions underlying this method is that if the customer is creditworthy and the terms of the agreement are such that the amounts are due within one year and are non-refundable and the agreements are no cancellable...
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General points of the essay
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