Comments on: The Challenge of Accounting For Gift Cards http://www.businesspundit.com/the-challenge-of-accounting-for-gift-cards/ Entrepreneurship, Startup Companies and Business Philosophy Fri, 20 Nov 2009 20:31:15 -0600 http://wordpress.org/?v=2.8.5 hourly 1 By: Jay http://www.businesspundit.com/the-challenge-of-accounting-for-gift-cards/comment-page-1/#comment-2992 Jay Thu, 31 Jan 2008 22:37:25 +0000 http://www.businesspundit.com.php5-6.websitetestlink.com/?p=3474#comment-2992 Haven't read the article yet, but really the gift cards are just more modern gift certificates, which were also an accounting issue. That's why the norm was always expiration after some length of time. If they never expire, it becomes kind of a... what's the word I want? An allocation problem similar to determining when how much of a given population will die. What's the name for those math guys? Damn aging! I love when you point out stuff like this. It reminds me I really did like accounting in many ways, and majored in it for a reason. Haven’t read the article yet, but really the gift cards are just more modern gift certificates, which were also an accounting issue. That’s why the norm was always expiration after some length of time.

If they never expire, it becomes kind of a… what’s the word I want? An allocation problem similar to determining when how much of a given population will die. What’s the name for those math guys? Damn aging!

I love when you point out stuff like this. It reminds me I really did like accounting in many ways, and majored in it for a reason.

]]>