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Many accounting abuses by corporations relate to improper revenue recognition.  These can be from relatively simple frauds, such as recording a sale where the product has not been shipped, to relatively complex frauds involving manipulation of assumptions under percentage of completion methodologies.
 
Many accounting abuses by corporations relate to improper revenue recognition.  These can be from relatively simple frauds, such as recording a sale where the product has not been shipped, to relatively complex frauds involving manipulation of assumptions under percentage of completion methodologies.
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== See also ==
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*[[Glossary of Budget Terms]]
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*[[Income]]
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*[[Accounting]]
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*[[Free Enterprise]]
 
[[Category:Economics]] [[Category:Accounting]]
 
[[Category:Economics]] [[Category:Accounting]]
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