Question: (1) Locate the form 10-k for Apple Inc. using the EDGAR database at the SEC website www.sec.gov. Answer the following questions using Apple's latest form
(1) Locate the form 10-k for Apple Inc. using the EDGAR database at the SEC website www.sec.gov. Answer the following questions using Apple's latest form 10-k (September, 2021) (5 marks) a) Briefly state the line of business within which Apple Inc. operates. b) Find the following items in Apple's 2021 form 10-k and indicate the page number, where the items can be found: Balance sheet > Income statement > Statement of cash flows Statement of stockholder's equity Notes to the financial statements Management discussion and analysis Auditor's report c) Which public accounting firm conducted the audit for Apple Inc.? Q2) Why should the allowance for doubtful accounts and the valuation and qualifying accounts schedule be analyzed. (2.5 marks) (3) Discuss the impact that the Sarbanes-Oxley Act of 2002 had on internal auditing. (2.5 marks)
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