RE: September is a new quarter, thus new revenue to start booking...
posted on
Sep 02, 2006 09:31AM
I am not so sure. Putting out a pr announcing a signing does not necessarily mean that monies have been received and that is what usually dictates what quarter the revenues are recorded. Also, I am not so sure a company can choose the last friday of the last week when the sec and the irs expect the last day of month to be the end of quarter. Best to you