Groupon provides an opportunity to consider the S1 filing Groupon Inc, made before the IPO. Groupon financial statements attracted a lot of controversy due to the revenue recognition policies, which are produced very significantly higher revenues for the Corporation, as well as non-GAAP earnings measures, especially ACSOI, the invention of the firm, which served to exclude certain marketing expenses at the rate of profit. Since marketing costs were very cost material for Groupon on the stage, on which he built his business using ACSOI effect was dramatic, as the impact of aggressive revenue recognition policies. Groupon stepped on both the revenue recognition and use ACSOI after SEC requests, as in the accounting policies of the corporation. "Hide
by Vaughan Radcliffe, Mitchell Stein, Alexis Gottschalk Source: Richard Ivey School of Business Foundation 12 pages. Publication Date: February 10, 2012. Prod. #: W12666-PDF-ENG
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