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A fair trade: find out how to barter the right way--and avoid the practices that will land you in hot water.(Dollar Signs)
From:
Entrepreneur
| Date:
October 1, 2003| Author:
| COPYRIGHT 2003 Entrepreneur Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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IT WOULDN'T THE FIRST TIME A TELECOM company's accounting chicanery made headlines, but the ongoing tussle between Qwest Communications International Inc. and the SEC brought a common industry practice under the microscope--and may have businesses thinking twice about certain strategic agreements. At least some of Qwest's trouble is about reportedly recognizing some $2 billion in revenue from "swap" sales dating back to 1999. The fact that the Denver-based telephone company swapped fiber-optic capacity with other telecommunications firms was hardly an anomaly; telecom companies ...
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