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AUDITING AND THEORY CLASS ! Link Starbucks annual report for fiscal year ended September 27, 2020: https://www.sec.gov/ix?doc=/Archives/edgar/data/829224/000082922420000078/sbux-20200927.htm Help 1: MD&A; CSR; Contingencies; Liabilities 1. Costs
AUDITING AND THEORY CLASS ! Link Starbucks annual report for fiscal year ended September 27, 2020: https://www.sec.gov/ix?doc=/Archives/edgar/data/829224/000082922420000078/sbux-20200927.htm Help 1: MD&A; CSR; Contingencies; Liabilities 1. Costs and fluctuations are often discussed in the MD&A section. Any comments on your analysis here? 2. Pricing decisions often relate both to knowing your costs as well as to the strategy of pricing. Competition, loss leaders, and other elements may be discussed in the MD&A section. Emerging markets and product lines are also an issue for some companies. What do you learn from your review? 3.Corporate Social Responsibility (CSR) and Sustainability relate to many issues including pollution and the cost of remediation and hazardous wastes. What do you learn about these topics from the SEC 10-K? 4. Contingencies and liabilities: can they be estimated? Are they probable to occur? What do you learn about your company in this area? How might cost issues including profitability relate to these topics for your company? 5. Be certain your analysis and postings relate to the concepts of our auditing class this semester. Help 2: Company Issues course topics are now focuses on specific audit issues, provide comments about your SEC 10-K company as they relate the topics of our most recent weeks, particularly the audit process and operation cycles including -Audit of the Acquisition and Payment Cycle: Tests of Controls and Substantive Tests of Transactions, and -Accounts Payable -Completing the Tests in the Acquisition and Payment -Cycle: Verification of Selected Accounts -Audit of the Payroll and Personnel Cycle -Audit of the Inventory and Warehousing Cycle -Audit of the Capital Acquisition and Repayment Cycle -Audit of Cash Balances Help 3: Audit Opinion and Communication Post the auditor's name, city and state, and date of their letter. Read their opinion and comment on issues highlighted other than the standard clean opinion. 1. What issues may have been included in a management letter to your SEC 10-K company based on issues you have identified this semester where audit issues and the management of risk may arise. -NO MISSING INFORMATION ! -USE THE LINK PROVIDED FOR ANSWERING. THANKS IN ADVANCE
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