Policy Management Systems Corp.: The Financial Reporting Crisis Case Solution
This case can be found in just hard copy format (HBP doesn't have digital distribution rights to the content). Because of this, a digital Teacher Duplicate of the case isn't accessible through this web site. The disaster starts with an earnings shortfall warning, which precipitates a spectacular share price fall, resulting in several shareholder suits and culminating in an SEC investigation.Equipped with an understanding of revenue recognition policy, sales cycle, and the firm business model, Williams must piece together the reporting disaster occurred. He must evaluate which policies and business practices under his management can be altered to prevent future financial reporting problems, and these various components socialized to lead to the business's disaster.
This is just an excerpt. This case is about FINANCE & ACCOUNTING
PUBLICATION DATE: July 02, 2001 PRODUCT #: 102013-HCB-ENG