Before you begin, it will be helpful if you review Shake Shack, Inc.$\text{'}$s $2021$ annual report. $($Visit Financial and Managerial Accounting $8$ e Student Resources $($

pearsoncmg.com$)$ for a link to the report.$)$

Shake Shack, Inc. $($NYSE: SHAK$)$ is a modern day "roadside" burger stand serving premium burgers, chicken sandwiches, hot dogs, fries, and shakes. The business originally started as a hot dog stand located in New York City's Madison Square Park, and it has now grown to more than $240$ locations in the United States and $125$ international locations.

Read the requirements.

Requirement $1.$ Review the auditor's report over internal controls $($p$.84$ of the annual report$).$ Who was the audit firm and what did it have to say about the company's internal controls?

A$.$ Ernst