Personaly I think they must verify that all “commitments” and...

Personaly I think they must verify that all “commitments” and any of the sales/sales commitments that the auditors referred too, have turned into actual sales and $ in the bank!

If any commitments have not been taken up, just state how many!

They announce total sales/commitments to date and then announce deferred revenue, in doing so it just adds to any confusion(?)

Sales commitments makes the figures look good at the time, then if they don’t eventuate or sales stall, it looks bad. And stop announcing total sales/commitments to date!

The “First Revenue of $100k” (Commitments) that never converted into sales or $ in the bank with out an explanation will always be etched into my mind!