SEC issues controversial guidelines on revenue recognition

Thomas R. Weirich, Robert W. Rouse

Research output: Contribution to journalArticlepeer-review

Abstract

Sixty-two percent of financial fraud cases prosecuted by the SEC in a recent year involved revenue recognition. Now SEC has issued guidelines that could help your company stay out of trouble. But some charge that the latest Staff Accounting Bulletin (SAB) actually changes the generally accepted accounting principles (GAAP).

Original languageEnglish
Pages (from-to)57-61
Number of pages5
JournalJournal of Corporate Accounting and Finance
Volume12
Issue number1
DOIs
StatePublished - Nov 1 2000

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