Accounting for the Public Interest: A Revenue Recognition Dilemma

By Arline Savage, Douglas C. Cerf, and Roberta A. Barra

Issues in Accounting Education, Volume 28, Issue 3

2013

Setting: Government

Activity Type: Case

Program Type:
  • Major

Level:
  • Advanced
  • Intermediate

Course:
  • Audit
  • Financial

Ignatian Pedagogy Element:
  • 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.