In re Retek, Inc. Securities Litigation

Analysis Group supported an academic affiliate to determine whether Retek management used generally accepted accounting principles (GAAP) in the preparation of the company's financial statements. Our team reviewed company documents and accounting work papers, and interviewed company personnel to recreate the information existing when Retek created the financial statements to demonstrate that Retek management had followed GAAP. One particular focus of our work related to revenue recognition for computer software.