Details

Case

Educator Copy

Hello Revenue

Kamran Rashid


INDUSTRY : Telecommunication

AREA : Finance

ORGANIZATION : N/A

LENGTH : 2

LUMS No : 02-592-2003-1

PUBLICATION YEAR : 2003

DESCRIPTION

KEYWORDS:

Revenue,Finance,Accounting Issues,Service Provider,WPL,WorldCall Phonecards Limited,PTCL,Pakistan Telecommunication Company Limited


DESCRIPTION:

The Hello - Revenue case illustrates basic accounting issues of revenue recognition in Service Provider vs Commission Agent situation. It is a peculiar setting because WorldCall Phonecards Limited (WPL) is utilizing the network of another Telecommunication Company, Pakistan Telecommunication Company Limited (PTCL) to provide service to customers. 


LEARNING OBJECTIVES:

The case was written to illustrate basic accounting issues of revenue recognition in an interesting, real local setting. It is a peculiar setting because WorldCall Phonecards Limited (WPL) is utilizing the network of another Telecommunication Company, Pakistan Telecommunication Company Limited (PTCL) to provide service to customers.


SUBJECTS COVERED:

Finance