Question: Melissa Moore is an auditor Her work at two companies

Melissa Moore is an auditor. Her work at two companies disclosed inappropriate recognition of revenue. Both cases involved dollar amounts in the $200,000 range. In one case, Moore considered the item material and required her client to restate earnings. In the other case, Moore dismissed the misstatement as being immaterial.

Required
Write a memo that explains how a $200,000 misstatement of revenue is acceptable for one company but unacceptable for a different company.


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  • CreatedOctober 26, 2013
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