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SIGNIFICANT ACCOUNTING AND AUDITING MATTERS The company began offering for sale extended warranties on computers during the current year. We need to review the method
SIGNIFICANT ACCOUNTING AND AUDITING MATTERS
The company began offering for sale extended warranties on computers during the current year. We need to review the method of revenue recognition to determine whether it complies with the requirements of FASB ASC 606.
As the lead for this audit, what steps and working papers should be developed to ensure revenue recognition complies with complies with the requirements of FASB ASC 606.
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