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hello and welcome to my channel today we will continue with the revenue recognition topic and look into accounting for one of the revenue recognition issues related to Performance obligations and warranties revenue is an essential measure of the financial performance of any business it offers insights into the companyamp;#39;s past and future performance and is a docHub driver of other performance measures such as net income and earnings per share that is why it is a priority for companies to establish strong guidelines for Revenue recognition many transactions present a few issues for Revenue recognition and I will go over many issues related to revenue recognition in different videos make sure to subscribe so you donamp;#39;t miss when new videos are published the link to the playlist is posted here and in the description to this video now letamp;#39;s look into warranties and how revenue for warranties is recognized companies often provide customers with a warranty i