Principal or Agent? : A Case of Managerial Judgment in Reporting Revenue /

"Accrual accounting and the preparation of financial statements requires estimates, assumptions, and considerable judgment on the part of management." For the newly hired chief financial officer (CFO) of Logistics Exchange Market (LEXM) Corporation, Nick Alexander, these words, recalled fr...

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Bibliographic Details
Main Authors: McKnight, Constance A. (Author), Watson, Stephanie F. (Author)
Format: eBook
Language:English
Language Notes:English.
Published: London : SAGE Publications, Inc, 2023.
Series:SAGE Business Cases
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:"Accrual accounting and the preparation of financial statements requires estimates, assumptions, and considerable judgment on the part of management." For the newly hired chief financial officer (CFO) of Logistics Exchange Market (LEXM) Corporation, Nick Alexander, these words, recalled from his graduate accounting classes, were now particularly meaningful. He was currently engaged in mapping his nascent company's business transactions and exploring accounting methods to be used in recording them.
Physical Description:1 online resource.
ISBN:1529619874
9781529619874