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Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST

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To: Muthusamy SELVARAJU who wrote (6803)7/21/1999 12:10:00 PM
From: Chuzzlewit   of 9068
 
Muthusamy,

If you are referring to deferred revenue (which is properly recorded as a liability), under GAAP accounting it cannot be recorded as revenues because the work has not been done. Think of deferred revenue as a window to the future. It will be counted as revenues when the product is delivered.

In any event, I am assuming that the bulk of the "other liabilities" line item is deferred revenue.

TTFN,
CTC

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