Page 154 - CFF
P. 154

Methods to commit financial statement fraud — Improper revenue

         recognition





                                                                    Premature revenue               Improper cutoff of
                                          Sham sales
                                                                         recognition                        sales






                                                                      Misstatement of
                                        Recognition of                 percentage-of-
                                       conditional sales                 completion                  Channel stuffing
                                                                           contracts







                                                     Consignment sales              Bill-and-hold sales





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