$1)$ What type of opinion did the auditor issue on the $2019$ financial statements?

$2)$ What type of opinion did the auditor issue on internal controls over financial reporting for $2019?$

$2019$

Report of Independent Registered Public Accounting Firm

To the Board of Directors and Stockholders of Uber Technologies, Inc.

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of Uber Technologies, Inc. and its subsidiaries $($the $$Company$)$ as of December $31,2019$ and $2018,$ and the related consolidated statements of operations, of comprehensive income $($loss$),$ of mezzanine equity and equity $($deficit$)$ and of cash flows for each of the three years in the period ended December $31,2019,$ including the related notes and financial statement schedule listed in the accompanying index $($collectively referred to as the $$consolidated financial statements$).$ In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December $31,2019$ and $2018,$ and the results of its operations and its cash flows for each of the three years in the period ended December $31,2019$ in conformity with accounting principles generally accepted in the United States of America.

Changes in Accounting Principles

As discussed in Note $1$ and Note $3$ to the consolidated financial statements, respectively, the Company changed the manner in which it accounts for leases in $2019$ and the manner in which it accounts for non$-$marketable equity securities in $2018.$

Basis for Opinion

These consolidated financial statements are the responsibility of the Company$$s management. Our responsibility is to express an opinion on the Company$$s consolidated financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board $($United States$)($PCAOB$)$ and are required to be independent with respect to the Company in accordance with the U$.$S$.$ federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these consolidated financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that our audits provide a reasonable basis for our opinion.

$/$s$/$ PricewaterhouseCoopers LLP San Francisco, California

March $2,2020$

We have served as the Company$$s auditor since $2014.$

Answer rating: 100% (QA)

1 The auditor issued an unqualified opinion on the 2019 fina... View the full answer