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Essay AND Letter - importance of the timing of the recognition of revenue in CONSTRUCTION
• Write an essay (4 pages) on the importance of the timing of the recognition of revenue preferably in construction (U.S. GAAP).
1. Introduce the issues around the importance of the recognition of revenue.2. Summarize your position regarding the timing of the recognition of revenue.3. Evaluate the evidence collected, including one alternative solution to recognize revenue.4. Develop a conclusion in which you defend your position from part 2.
• Write a professional letter (1 page) to your manager in which you communicate the results of your findings.
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