Question
Include in your report the answers to the questions listed below. Also, remember to include the source of your answer, by indicating page number where
Include in your report the answers to the questions listed below. Also, remember to include the source of your answer, by indicating page number where the answer was found on the 10-k form.
-Company: Nike Company
-Use the 2019 10-k Annual report
-Audit report
a. Who are the companys auditors?
b. What opinion did the auditors issue?
c. Did the auditors examine all the evidence supporting the amounts and disclosures in all of the financial statements? Explain.
d. What is the auditors responsibility for the financial statements?
e. What is managements responsibility?
f. Under the Sarbanes-Oxley Act of 2002, reports on internal control are required. Did the companys management acknowledge its responsibility for establishing and maintaining adequate internal control over financial reporting? What is the auditors opinion on the effectiveness of the companys internal controls?
g. What was their internal control system designed to do?
h. In accordance with what standards did the auditors conduct the audit?
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