To help you understand and compare the performance of two companies in the same industry.

Find the Columbia Sportswear Company Annual Report located in Appendix A and go to the section titled “Design and Evaluation of Internal Control Over Financial Reporting” in Item 9A starting on page 693. Now access the online 2016 Annual Report for Under Armour, Inc. For instructions on how to access the report online, see the Industry Analysis in Chapter 1. Go to the section in Item 8 on page 55 of the annual report titled “Report of Management on Internal Control over Financial Reporting.”

Requirement

Compare the two annual reports as they relate to their disclosure of internal control procedures and the system of internal control.