Is it common for the asset side of a T-account for Deferred Revenue to be booked to Other Current Assets? I'm being recruited by a public company and I noticed something odd in the company's 10-K. The company sells software and some of their customer receivables are included in Other Current Assets. I asked about it in my interview and got a non-specific answer about it relating to the timing of when the fiscal quarter ends. I didn't want to probe any further but it's a large $ amount. I read through all of the company's SEC comment letters and it has never been brought up as a disclosure issue. I don't think anything funny is going on but I'm having a hard time conceptualizing why the accounting is done this way.
