No Longer Needed.
1 - What are unbilled accounts receivable? How do they fit into our general discussion on revenue recognition and the SAB 104 guidance (if at all)? What do you think about unbilled accounts receivable -- good accounting? bad accounting? ugly accounting?
2 - The Swatch Group's 2008 annual report can be found here:
In the report, Swatch shows revenue growth of 31 million Swiss Francs, or 0.55% (revenue of 5.677 billion Swiss Francs in 2008 compared to revenue of 5,646 billion Swiss Francs in 2007).
What, if anything, in the 2008 annual report might lead you to question this revenue growth?
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