Problem
Read the article by McKenna (2012), Social Media's Phony Accounting, and answer the following questions: The author believes there are independence issues with the auditors in this case with Ernst and Young and various social media companies. Do you agree or disagree? Provide facts from the article to support your position. What revenue recognition options are available to Zynga? Has technology changed the way revenue should be recognized? As an auditor, would you agree with E&Y's position on revenue recognition or should it be changed?