Bob Spencer is a partner of a regional accounting firm. He is about to complete the audit of software solutions, which is the first year of the company.

Customers are engaged in developing and selling computer software. Software solutions companies have developed some innovative products, which have proved profitable in recent years. Due to rapid growth, the company is now preparing for the initial public offering of shares; Therefore, the management of the company is eager to complete the audit. Although the company had a healthy net income that year, it encountered some liquidity problems. In order to improve its financial situation, the management of software solutions adopted a new type of transaction with radical accounting methods this year. Software solution is one of Spencer's biggest customers, and it is expected to account for 10% of his bill this year.

Hope to adopt

thank you