You have been asked to advise a business-to-business manufacturing company how to detect fraudulent financial reporting. Management
Question:
a. Using your own numbers, make up an example to show management the effect of early revenue recognition.
b. Prepare a short report to management explaining the accounts that early revenue recognition would affect. Suggest some ways management could find errors in those accounts.
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Related Book For
Managerial Accounting An Introduction to Concepts Methods and Uses
ISBN: 978-0324639766
10th Edition
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
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