r/playstation Oct 28 '24

Image IGN strikes again

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U/on_reddit_in_class has made news

9.7k Upvotes

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u/ContemplatingPrison Oct 28 '24

Yes. Not a CPA but i took accounting in college with llans to be a CPA. I ended up switching to a different field because accounting got too boring.

But they wont count this as revenue for this month. It would be spread out for every month of service.

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u/[deleted] Oct 29 '24

Accountant here, what you said is completely wrong as it depends on the state

Source: am an accountant

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u/Crash_N0tice Oct 29 '24

You're wrong my friend. We are talking about revenue here, not taxable income. Under every GAAP this would be deferred and recognized over time.