3 Ways your Auditors Don't Know can Hurt You
Category: Educationby Rev- Lock
Revenue recognition has long been considered a high-risk area for auditors— for good reason—it’s among the leading causes of financial misstatement.
Auditors Examine Methodology, Implementation and Compliance
As companies adopt and implement the new standards under ASC 606, outside auditors are laser-focused on methodology, implementation and compliance. It’s essential to ensure your company’s plan for operationalizing the standards complies with the requirements as well as your auditor’s expectations .
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