The table below is an excerpt from Apple Inc.s Statement of Shareholders Equity for its fiscal year ended September 27, 2014:

a. How would the auditor verify the balances as of September 28, 2013?

b. What would the auditor do to evaluate the amount shown as Net Income?

c. What sources of evidence might the auditor use to satisfy the occurrence objective for each of the following?

(1) Repurchase of common stock

(2) Share-based compensation

(3) Common shares issued d. How should the amounts shown as of September 27, 2014, relate to the amounts shown in Apples balance sheet as of the same date?

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (In millions, oxcopt numbor of shares, which are reflocted in thousands) Common Stock and Additional Paid-In Capital Accumulated OtherTotal Shareholders Retaned Comprohonsive Balance as of September 28, 2013 6,294,494$19,764 $104,256 39,510 S(471) $123,549 39,510 1,553 Net income Other comprehensive income/ 1,553 Dividends and dividend equivalents declared Repurchase of common stock (11,215) (11,215) (488,677) (45,000) 2,863 (45,000) 2,863 Common stock issued, net of shares held for employee taxes Tax benefit from equity awards, including transfer price adjustments 60,344 735 735 Balance as of September 27, 5,8666$23,313 $87,152 $1,082 $111,547