Review Aritzia’s 2021 annual report. Answer the following questions about Aritzia’s internal controls and cash position:

1. What is the name of Aritzia’s outside auditing firm? What is the date of the annual report?

2. Who bears primary responsibility for the financial statements? How can you tell?

3. Who bears primary responsibility for internal controls?

4. Examine the independent auditor’s report. What standard of auditing did the outside auditors use in examining Aritzia’s financial statements? By what accounting standards were the statements evaluated?

5. What are cash equivalents? Where do you find detailed information about cash and cash equivalents in the 2021 annual report?

6. By how much did Aritzia’s cash and cash equivalents change during fiscal 2021?