1) No major impact, as in if you reclassify a liability to be a different liability, what's the overall impact on your total assets & liabilities? Nothing. What's the impact on revenue or expenses. Nothing.
2) Accounts are a reflection of what they've achieved and where they are at. I don't dispute you on that. However, you also use them to estimate the future. For example, by knowing the amount of deferred revenue liability, you can calculate what the revenue might be in a future period. If deferred revenue is reclassified to be a loan, then obviously the implication from that is that your estimation of FUTURE revenue would be lower than you would have previously thought.
BIG Price at posting:
$2.22 Sentiment: Buy Disclosure: Held