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Revenue Recognition ASC 606 Explained via Example

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1) Various ways to analyze financial statements
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Chapters:
00:00 Intro
01:04 The Accounting Error
01:21 The Wrong Approach
03:44 The Correct Approach
08:39 Recap

What we cover in this video:
The example we are showing today involves an accounting error in revenue recognition. We will look at how a bad/clueless accountant deals with the situation and then we will see how a good accountant managed the same issue….



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posted by bocexar6p