In 2002 the SEC investigated Microsoft’s accounting practices that occurred during the late 1990s. The Commission found that Microsoft typically reported budgeted marketing expenses in its interim reports. At year- end, Microsoft reported actual marketing expenses in its annual report.

Team 1: Argue in favor of Microsoft’s interim reporting practices. Use the integral view of interim reporting to support your argument. 

Team 2: Argue against Microsoft’s interim reporting practices. Use the discrete view of interim financial reporting to support your argument.