Ford 10-K a. What are the key cash and liquid asset accounts for Ford? What types of
Question:
Ford 10-K
a. What are the key cash and liquid asset accounts for Ford? What types of marketable securities does Ford possess?
b. What are the critical accounting policies for these accounts?
c. What risks do these securities pose for Ford? What are the audit implications of those risk disclosures?
Ford 10-K, Toyota 20-F
d. Review the statement of cash flows and management discussion and analysis related to liquidity for Ford. What are the significant trends that you note?
e. Review the statement of cash flows for Toyota. How do the trends differ between Ford and Toyota?
f. What are the audit implications of the different trends at Ford and Toyota?
Step by Step Answer:
a Cash and liquid assets cash and cash equivalents Marketable securities trading securities available for sale securities and held to maturity securities b Cash and liquid assets See Footnote 5 Cash a...View the full answer
Auditing a risk based approach to conducting a quality audit
ISBN: 978-1133939153
9th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
