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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?


To: Melissa McAuliffe who wrote (1488)7/20/1998 4:08:00 PM
From: Geoff Wolfe  Respond to of 4509
 
More info than you ever wanted from FASB . . .

raw.rutgers.edu



To: Melissa McAuliffe who wrote (1488)7/20/1998 4:11:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 4509
 
Hi Mel, yeah, I guess there are now two separate liabilities.

My understanding is that for software they can't use a percent completion method. You should read the stuff and report back to the rest of us lazy people here (better you than me!).

TTFN,
CTC