Comments on: Entellium execs fudge the numbers, face fraud charges http://venturebeat.com/2008/10/09/entellium-execs-fudge-the-numbers-face-fraud-charges/ News About Tech, Money and Innovation Tue, 24 Nov 2009 02:54:31 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: Liem http://venturebeat.com/2008/10/09/entellium-execs-fudge-the-numbers-face-fraud-charges/comment-page-1/#comment-875960 Liem Sun, 12 Oct 2008 06:27:01 +0000 http://venturebeat.com/?p=98899#comment-875960 Revenue +/- 20% in accural accounting practice. On a cash basis, revenue +/- 50% is acceptable.<br><br>IRS need to figure out how to standardize on accounting practice because both accural and cash basis are always subject to interpretation. Revenue +/- 20% in accural accounting practice. On a cash basis, revenue +/- 50% is acceptable.

IRS need to figure out how to standardize on accounting practice because both accural and cash basis are always subject to interpretation.

]]> By: Fraud charges hit Entellium CEO and CFO jailed after FBI raid — TechWag http://venturebeat.com/2008/10/09/entellium-execs-fudge-the-numbers-face-fraud-charges/comment-page-1/#comment-830729 Fraud charges hit Entellium CEO and CFO jailed after FBI raid — TechWag Fri, 10 Oct 2008 01:20:23 +0000 http://venturebeat.com/?p=98899#comment-830729 [...] Entellium execs fudge the numbers, face fraud charges [...] [...] Entellium execs fudge the numbers, face fraud charges [...]

]]> By: Ajith Edassery http://venturebeat.com/2008/10/09/entellium-execs-fudge-the-numbers-face-fraud-charges/comment-page-1/#comment-875959 Ajith Edassery Fri, 10 Oct 2008 00:45:10 +0000 http://venturebeat.com/?p=98899#comment-875959 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!!<br><br>Whither markets? 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!!

Whither markets?

]]> By: "Depression 2.0" High Tech Industry Layoff Tracker http://venturebeat.com/2008/10/09/entellium-execs-fudge-the-numbers-face-fraud-charges/comment-page-1/#comment-830701 "Depression 2.0" High Tech Industry Layoff Tracker Thu, 09 Oct 2008 19:09:43 +0000 http://venturebeat.com/?p=98899#comment-830701 [...] Entellium execs fudge the number, face fraud charges [...] [...] Entellium execs fudge the number, face fraud charges [...]

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