Obtain the 2013 financial statements for Thomson Reuters Corporation either through the company’s website or through SEDAR (www.sedar.com).

Required:
a. In addition to the general requirements for the recognition of revenue on the sale of goods and the provision of services, what other accounting policies does the company explain?
b. For sales arrangements involving multiple deliverables, what method of allocation does the company generally use?
c. For sales arrangements involving multiple deliverables, what are the two critical issues that the company identifies as requiring professional judgment? What process does the company use to resolve these issues?
d. For long-term service contracts, on what basis does the company estimate the percentage of completion?