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The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

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CEO's and lawyers have lost their jobs over improper revenue recognition. As corporate counsel, you are expected to help make sure your company is doing it right. Using a number of typical contracts that most in-house lawyers will negotiate and draft during their careers, this panel discussed the kinds of accounting issues that may come up, particularly in the context of earnings and revenue recognition.