Subject category:
Finance, Accounting and Control
Published by:
MIT Sloan School of Management
Version: 9 August 2018
Revision date: 20-Aug-2024
Length: 5 pages
Data source: Published sources
Notes: This item is part of a free case collection. For terms & conditions go to www.thecasecentre.org/freecaseterms
Abstract
Over the seven years since its founding in 2010, Spartan Race grew to be the world's most popular obstacle course race provider. Spartan's CEO and founder was contemplating an initial public offering but was unsure how the new global revenue recognition standard that the company was in the process of implementing would affect potential investors' perception of its financial performance. Spartan had developed numerous revenue streams despite being a relatively young company. The primary responsibility for determining how Spartan's varied revenue generating activities would be accounted for under the new accounting standard fell to its director of financial planning and controller. This case is part of the MIT Sloan free case collection (visit www.thecasecentre.org/mitsloanfreecases for more information on the collection).
About
Abstract
Over the seven years since its founding in 2010, Spartan Race grew to be the world's most popular obstacle course race provider. Spartan's CEO and founder was contemplating an initial public offering but was unsure how the new global revenue recognition standard that the company was in the process of implementing would affect potential investors' perception of its financial performance. Spartan had developed numerous revenue streams despite being a relatively young company. The primary responsibility for determining how Spartan's varied revenue generating activities would be accounted for under the new accounting standard fell to its director of financial planning and controller. This case is part of the MIT Sloan free case collection (visit www.thecasecentre.org/mitsloanfreecases for more information on the collection).

