Visit the SECs website (www.sec.gov) and identify a company that has been recently cited for revenue recognition problems. Assume that you are the companys external auditor. Prepare a business memo summarizing the revenue recognition issues for the company and recommended conclusions for them. The following format should be used 1. Facts2. Issues at hand3. Applicable law4. Recommended conclusionThe memo should be single spaced and should be 2 to 3 pages long.
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