Select a publicly traded company for analysis or use a company assigned by your instructor. Using the firm’s most recent Form 10-K report (accessed through the SEC EDGAR database or from the company’s website), complete the following requirements.

(a) Describe the type of business in which the company operates.

(b) Identify the type of audit opinion that was given for the financial statements and the internal financial controls of the company. Explain the key items discussed in the audit report.

(c) Read the Management Discussion and Analysis (MD&A). Discuss whether the items that should be addressed in the MD&A are included. Support your answer with examples from the company’s MD&A.

(d) After reading the MD&A, discuss the future prospects of the company. Do you have any concerns about the company’s future? If so, describe those concerns.