hi,saal.
I think it is perparation for aggressive revenue recognition. Here is the reference: As the end of an accounting period approaches, the firm negotiates sales with customers who either may not need the offered goods or may not have the ability to take delivery of the goods within that period. The goods may be temporarily held by an intermediary (parking), left in the seller's inventory (bill and hold), or shipped to the buyer (channel stuffing).
if a manger wants to manipulate the earnings by aggressive revenue recognition, he must holding the accounting period open past year-end, because revenue is recognized and COGS is zero. The delivery goods are still in your invertory. | 
发表于 2009-9-7 21:46
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