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Palo Alto University How Software Companies Record Revenue Essay

Palo Alto University How Software Companies Record Revenue Essay

Question Description

I’m working on a accounting writing question and need support to help me understand better.

I have a draft. I only want you to revise it for me. My topic is How software companies record revenue.

Please use the reference from the website below.

Please use Username: AAA51186 and Password: KD8R7jj to login the website: http://aaahq.org/Research/FASB-GARS

Follow the prompt below. Write as much or as little as you feel necessary to show your new expertise. You may use all available resources to complete this case – e.g., lecture slides, notes, your book, and the Accounting Standards Codification.

Use appropriate citations where relevant and according to your professional judgment. When using the codification, please use the following style:

Cite the ASC down to the Paragraph. For example, (ASC 330-10-05-01)

At the end of the document in an Appendix, copy-paste the paragraph you cite from the codification into the word document.

The main goal is to interpret your findings into ‘plain English’ as best you can. In other words, how would you explain the appropriate accounting treatment to a colleague, boss, or business partner who has a basic understanding of accounting? You may (and are encouraged to) use debits and credits and/or t-accounts to illustrate the accounting if appropriate.

For all other citations, please consistently follow a single style (e.g., APA, MLA, Chicago). Always cite if you are making a factual claim.

Prompt:

Find a topic in accounting that you find interesting and would like to learn more about. This can be an academic topic (e.g., earnings management, conservatism, earnings) or a practical topic (e.g., how to account for revenue from online advertising, how to estimate the fair value of certain financial instruments). My topic is How software companies record revenue.

Expectations and Grading:

This is not intended to be a simple or straightforward project. I will expect to see creative thinking, thoughtful analysis, and a display of your general competency of using the tools we have talked about in class. Accordingly, I will follow the following qualitative rubric for your reports. A grade of ‘A++’ is reserved for particularly special and exceptional reports which I believe go well above and beyond my expectations for the class.

Grading Rubric:

Letter Grade

Points

Qualitative Guidelines

A++

75

An A++ paper exhibits superior structure, exceptional thought and analysis, and teaches me something new that is both interesting and useful. All analysis included in the report will be useful and integrated into the overarching message in a substantial way. There is a near-zero amount of orthographic and typographic errors. Ultimately, this is a near-perfect paper that I would be willing to externally circulate. Accordingly, this grade is reserved solely for truly exceptional papers.


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