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Case study analyzes financial reporting issues in frequent flyer plans, highlighting their significance.
Presents a case study of accounting for frequent flyer plans to analyze financial reporting problem using the Generally Accepted Accounting Principles (GAAP). Definition of the problem; Prevalence and financial significance of the problem; Getting familiar with industry, financial reporting environment and accounting practices; Development of objective criteria; Solution approach.
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Mahendra R. Gujarathi (1991) studied this question.
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