Tuesday, July 29, 2008

Back to blogging

Vacation is winding down so I will get back to blogging. It has been a great summer with trips to relief trips to Missouri (helping after tornadoes) and Iowa (gutting homes after flooding), as well as a vacation to Barcelona.

But I am back and let the blogging begin again!

1 comment:

jetbee said...

Hey professor,
Can I ask quetion relating to accounting, finance ,on this blog?

I have a question for accoutning fot throughput agreement/take or pay contracts. While general treatment is to treat it as off-balance sheet item, my query is that why companies don't treat the entire amount payable under the said contract as liabliltiy in the first year on entering into the contract and write off it through the total number of years ( same as we do for magazine subscriptions)?

Any comments , are most welcome on my id "jatinbhatia2008@gmail.com"
Many thnx