Question: Deliverable Two should be submitted in week 12. In this assessment, students should submit a 1,000-words report comparing a Fortune 500 Company's auditor's report
Deliverable Two should be submitted in week 12. In this assessment, students should submit a 1,000-words report comparing a Fortune 500 Company's auditor's report with the previously assigned Kuwaiti company's audit report in terms of the audit report parts. Students can find the Fortune 500 company's latest audit reports from their investor relations pages. Note that companies were assigned to each student by the instructor. Deliverable Two is expected to have the following parts: 1. Analyze the company's audit report. a. What are the parts of the audit report in Fortune 500 and Kuwaiti company? b. Which type of opinion was expressed by the auditor to your companies? Why? c. What are the key/critical audit matters in the companies? Explain why the auditor chose these factors as "critical" and how she/he addressed the matter(s) 2. Write an appropriate conclusion that summarizes your deliverable.
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Solution Answer 1 a INDEPENDENT AUDITORS REPORT INDEPENDENT AUDITORS REPORT To the Members of Seasons Corporation Report on the Audit of the Standalone Financial Statements22 Opinion We have audited t... View full answer
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