SUBSCRIBERS

Oracle whistleblower suit raises questions over cloud accounting

Published Tue, Jun 7, 2016 · 09:50 PM

San Francisco

A WHISTLEBLOWER lawsuit filed against Oracle Corp over its accounting practices underscores the pressures established computer companies face to show that they are growing in the fast-moving business known as the cloud.

The lawsuit, filed on Wednesday in US District Court in San Francisco by former Oracle senior finance manager Svetlana Blackburn, also revives longstanding questions about proper accounting when software and computer services are bought on a subscription basis rather than a single package, analysts said.

Share with us your feedback on BT's products and services