Week 4 Current Issue Summary

Write a 525- to 700-word summary.

Research a recent article on auditing acquisitions, payments, property plant and equipment (fixed assets), notes payable, or owner's equity.

Apply what you learn to your future or current job (Office manager at a commercial cleaning company)

Here is the article I want to use:

http://www.journalofaccountancy.com/issues/2016/apr/deferred-revenue-accounting-rule-in-acquisition.html

Reference

Lubniewski, R., Richards, G., & Wydra, K. (2016). Beware of disappearing revenue in an acquisition: Buying a technology company? Be careful—an accounting rule might dramatically reduce your company’s revenue in periods after the acquisition. Retrieved from http://www.journalofaccountancy.com/issues/2016/apr/deferred-revenue-accounting-rule-in-acquisition.html

In-text citation

(Lubniewski, Richards, Wydra, 2016). 1st in-text citation

(Lubniewski, et.al., 2016). Rest of in-text citations.