How to manipulate Sales figure ? Lets check it quickly
1. Recording revenue before completing material obligations under the contract 2. Recording revenue far in excess of work completed on the contract 3. Recording revenue before the buyerās final acceptance of the product 4. Recording revenue when the buyerās payment remains uncertain or unnecessary 5. Recording revenue from transactions that lack economic substance (In these transactions, the so-called customer is either under no obligation to keep or pay for the product, or no product or service was even transferred in the first place) 6. Recording revenue from transactions that lack a reasonable armās length process (While recognizing that revenue on transactions that lack economic substance should never be considered legitimate, transactions that lack a reasona...