We need a consistent and transparent methodofaccounting that does not provide incentives to shift losses where they might not be properly accounted for.
If a creator receives funding in one year and spends money on their project in a later year, consider whether their expenses can still offset their Kickstarter funding using the accrual methodofaccounting.
"Our management's determination to change to the preferred methodofaccounting for employee stock options ensures that our earnings will more clearly reflect economic reality when all compensation costs are recorded in the financial statements, " said Coca-Cola Chairman and Chief Executive Douglas Daft in a statement.