Andrew Ferris, a recent graduate of the MBA Thunderbird, joined Diversified Equity Investors LLC as an analyst specializing in telecommunications, information technology, and cable / satellite industry. He asked, to provide financial and accounting analysis report Pantera Communications, Inc, a fast growing virtual telecommunications company. Pantera leased lines from the major long-distance operators, and resold long distance services through a network of independent representatives (IRS), which was paid upfront commission for each new subscriber who signed up for the long-distance company. Financial analysts have criticized the accounting policies deferred revenue from the starter pack sold to the IRS, and the capitalization and amortization of commissions paid registry to acquire new customers. "Hide
by Graeme Rankine Source: Thunderbird School of Global Management 11 pages. Publication Date: Aug 03, 2010. Prod. #: TB0227-PDF-ENG
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