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Reike Technology: Revenue Recognition and Pay-When-Paid Clauses
Lixin Pan; Ying Yu; Lei LiCase IVEY-9B17B016-EAccounting and Control, StrategyIn December 2013, Reike Technology Co. Ltd. (Reike), a Chinese information technology and outsourcing company, faced an accounting revenue recognition problem. Reike had a well-deserved reputation in the software outsourcing industry, having built partnerships with Fortune 500 companies since the 1990s. However, in 2012, it collaborated on a project with a multinational software company that included a “pay-when-paid” clause in the contract. Acco...Starting at €8.20
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Reike Technology: Revenue Recognition and "Pay-When-Paid" Clauses - Teaching Note
Lixin Pan; Ying Yu; Lei LiTeaching Note IVEY-8B17B016-EAccounting and Control, StrategyTeaching note for product 9B17B016.Starting at €0.00