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Describe what audit procedures you (the auditor) likely performed which resulted in your discovery of these subsequent events. 2. The Company was so caught up
Describe what audit procedures you (the auditor) likely performed which resulted in your discovery of these subsequent events.
2. The Company was so caught up in its own success that it forgot to accrue for bonuses earned by senior management during 2019 but payable in February 2020. The aggregate bonus amount was $920,000.
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