From the Archives: “Revenue Recognition Bulletin Vol. 1 No. 1” August 10th, 2010Finance, Accounting & Compensation, Recent Legal News Contracts, Executive Search, Revenue Recognition, Revenue Recognition Bulletin, SEC By Paul Arne and Ross Albert This Morris, Manning & Martin Revenue Recognition Bulletin reviews case developments in the Rev Rec area and identifies practical suggestions for addressing these developments. On January 12, 2004, Computer Associates International (“CA”), one of the world’s largest software companies, announced that it had received a so-called “Wells Notice” from the staff of the SEC. The SEC’s Division of Enforcement issues a Wells Notice when it plans to recommend an enforcement action to Read More
EITF Releases Proposed Revenue Recognition Rules August 9th, 2010Finance, Accounting & Compensation Revenue Recognition This BDOTech articlebreaks down the changes that the new EITF guidance will have on technology companies in regard to revenue recognition. Read More
Implementing a Revenue Recognition Plan August 3rd, 2010Finance, Accounting & Compensation Contracts, Finance, Practical Pointers, Sales by John Yates Introduction This memorandum provides practical pointers for technology companies and their professional advisors to consider in view of the impact that accounting guidelines, industry practices, and other revenue recognition requirements may have on their business. In many cases, these pointers will help to reduce the amount of time required to respond to future inquiries from third parties and accountants regarding a company’s understanding and implementation of revenue recognition policies. 1. Determine Revenue Recognition Goals. The technology company should determine whether its goal is to recognize revenue as soon as possible or defer the recognition of revenue. If the goal is Read More
River Cities Capital Funds Study: “2009 Software as a Service Valuation & Capital Efficiency Benchmark Study” July 30th, 2010Finance, Accounting & Compensation, M & A, Venture Capital Software, Valuation Explore the key findings in River Cities Capital Funds’ 2009 “Software as a Service Valuation & Capital Efficiency” benchmark report. Read More
Houlihan Lokey Purchase Agreement Study July 30th, 2010Finance, Accounting & Compensation, M & A, Private Equity Escrow Houlihan Lokey’s Mergers and Acquisitions group conducted a study and published this in-depth analysis of purchase agreement terms. Full Article. Read More