The 2013 Intel Form 10-K can be found at the following Web site: www.pearsonhighered.com/fraser. T he company's

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The 2013 Intel Form 10-K can be found at the following Web site: www.pearsonhighered.com/fraser. T he company's annual report which includes the letters from the CEO and the chairman can be found at the company's website: www.intc.com. Using the Form 10-K and annual report, answer the following questions:
(a) Describe the type of business in which Intel operates.
(b) Read the letters from the CEO and the chairman and discuss any information learned from this letter that might be useful to an analyst.
(c) What type of audit opinion was given for the financial statements and the internal financial controls of Intel? Explain the key items discussed in the audit report.
(d) 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 Intel MD&A.
(e) After reading the MD&A, discuss the future prospects of Intel. Do you have any concerns? If so, describe those concerns?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Understanding Financial Statements

ISBN: 978-0133874037

11th edition

Authors: Lyn Fraser, Aileen Ormiston

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