Economic benefit is exactly what it says on the tin - 'cash'....

Economic benefit is exactly what it says on the tin - 'cash'. What is so flawed about booking a % of expected case revenue to match timing of cash outflows? It would obviously unwind after a year or two if the method was flawed. I'm aware of Slater applying this method since 2006 if not before. Nothing has suggested these booked revenues haven't come to fruition. Indeed in some cases the booked revenue has underestimated the actually result - adjustments are made when settlement hits the bank account (cash).

So you have an opinion that contradicts E&Y and Slater and Gordon. You are entitled, good luck!