VentureBeat - Latest Comments in Entellium execs fudge the numbers, face fraud chargeshttp://venturebeat.disqus.com/News about Tech, Business and InnovationenSat, 11 Oct 2008 21:27:01 -0000Re: Entellium execs fudge the numbers, face fraud chargeshttp://venturebeat.com/2008/10/09/entellium-execs-fudge-the-numbers-face-fraud-charges/#comment-3002931<p>Revenue +/- 20% in accural accounting practice. On a cash basis, revenue +/- 50% is acceptable.</p><p>IRS need to figure out how to standardize on accounting practice because both accural and cash basis are always subject to interpretation.</p><p></p>LiemSat, 11 Oct 2008 21:27:01 -0000Re: Entellium execs fudge the numbers, face fraud chargeshttp://venturebeat.com/2008/10/09/entellium-execs-fudge-the-numbers-face-fraud-charges/#comment-2968142<p>Saw this news on CNBC in the morning... News like this will only aggravate the pain the financial market is going through and the DOW was seen plunging. Another bad news is that GM having the lowest market cap since 1929 and lowest stock price since 1950s!!</p><p>Whither markets?<br></p>Ajith Prasad EdasseryThu, 09 Oct 2008 15:45:10 -0000