Excerpts: SEC Staff Accounting Bulletin: No. 101 – Revenue Recognition in Financial Statements This staff accounting bulletin summarizes certain of the staff’s views in applying generally accepted accounting principles to revenue recognition in financial statements. The staff is providing this guidance due, in part, to the large number of revenue recognition issues that registrants encounter. […]
synthetic revenue
Excerpts: Frontier Corporation Def 14A. As you may know, on March 16, 1999, Frontier entered into a merger agreement, which was amended on May 16, 1999, with Global Crossing Ltd. and a subsidiary of Global Crossing pursuant to which Frontier will become a wholly owned subsidiary of Global Crossing. The purpose of this special meeting