VMware, the Virtualization Giant, Sues Industrial Leader Siemens!

VMware, the Virtualization Giant, Sues Industrial Leader Siemens!

Recently, VMware, a leading company in the virtualization field, has taken industrial giant Siemens to court, accusing it of illegally using thousands of unauthorized copies of VMware software in its U.S. operations. The incident was triggered on September 9, 2024, when Siemens submitted a list detailing its software usage to VMware, hoping to receive related … Read more

Compilation of Regulatory Cases: Revenue Section (Part 3)

Compilation of Regulatory Cases: Revenue Section (Part 3)

1. Accounting Treatment of Receivables from Suppliers How should the amounts received by dealers from suppliers be accounted for? Case: Company A primarily engages in automobile dealership, with its main profit sources being the gross profit from buying and selling and rebates from various automobile manufacturers. At the end of the reporting period, there were … Read more