Auditors reports for The Boeing Company are provided in Illustrations 1.7 and 1.9 in this chapter. Both reports are signed by Deloitte & Touche L.L.P. and are for their fiscal year ended December 31, 2017. Deloitte & Touche also audits Starbucks Corporation. Visit the Starbucks investor relations website to access the most recent audit report and 10-K. Find the auditor's reports on the financial statements and the effectiveness of ICFR.

Required:

a. Compare the audit reports of The Boeing Company and Starbucks. What type of opinion did Starbucks receive on its financial statements and on the effectiveness of ICFR?

b. What are the advantages of having a standard report format for all clients?