1. From the SEC website or other sources, locate Daily Journals 2013 Form 10K and review EYs report on Daily Journals internal control over financial reporting. What were some of the weaknesses noted in this report? 2. Review the excerpt (presented in the case) of Daily Journals Form 8K (filed with the SEC June 26, 2014) related to the dismissal of EY. What type of disclosures are provided in this excerpt? What are some reasons that Daily Journal would provide these disclosures? 3. Review the excerpt (presented in the case) from Gerald Salzmans response to the SEC. Do you believe this response is consistent with the Form 8K filing related to the dismissal of EY? What implications might this response have with respect to Daily Journals internal control over financial reporting? 4. From the SEC website or other sources, locate Daily Journals Form 8K (filed July 3, 2014) related to the appointment of BDO. What type of disclosures are provided in this filing? What are some reasons that Daily Journal would provide these disclosures? (Note: Daily Journal filed two different Form 8Ks on July 3, 2014.) 5. Referring to the professional standards (AU-C 210), what is BDOs responsibility with respect to communicating with EY? 6. From the SEC website or other sources, locate Daily Journals Form 8K (filed February 17, 2016) that announced the dismissal of BDO and engagement of Squar Milner. Compare the disclosures in this filing to those in questions (2) and (4) related to the dismissal of EY and engagement of BDO. 7. Why might adverse opinions on internal control over financial reporting prompt Daily Journal to change auditors? Are Daily Journals auditor change activities consistent with the results of the academic studies summarized in this case? Why or why not?