While this week you will be performing a preliminary analytical review of the financial statements for Redline Manufacturing, a non-publicly listed Company, the goal is to eventually assign you to an audit of a publicly listed company. And when that happens, you will need to know how to access that client's financial reports and other filings with the SEC!

So, with this goal in mind, in this discussion, you're going to get familiar with EDGAR. As you seem to be a quick study, you likely recall from our introduction that EDGAR stands for Electronic Data Gathering, Analysis, and Retrieval system. EDGAR is your one-stop shop for most electronic documents filed by publicly listed companies with the SEC, such as the form 10-K for Starbucks shown here. (Your trainer is more of a Dunkin' guy, but that's neither here nor there).

Step 1: Identify a public company of professional or personal interest ( My company of interest is Delta Airline DAL).

Step 2: Search for the latest form 10-K for your chosen company (DAL) on EDGAR

Step 3: Open and explore the Form 10-K to answer the following questions: Who was your chosen company's auditor? Did the audit firm issue a combined or separate report(s) on the financial statements and internal controls over financial reporting? What type of audit opinion did the auditor issue for the financial statements? What was the auditor's opinion about internal controls over financial reporting? Did the auditor's report contain any type of emphasis-of-matter explanatory paragraph or nonstandard wording? If so, what was the nature of this wording? What was the fiscal year end for your chosen company? What was the report date for the auditor's report? Did the audit report mention any Critical Audit Matters? If so, what were these Critical Audit Matters? Please be specific. Did your chosen company combine the Income Statement with the Statement of Comprehensive Income, or did they show separate Statements for these two?

Step 4: Write out the answers to the Step 3 questions in a post. Include a hyperlink to the Form 10-K for your chosen company as a source at the end of your posting.