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This assignment refers to Module A part 2 questions 1 and 16 copied below at the end of this document. The assignment will try to
This assignment refers to Module A part 2 questions 1 and 16 copied below at the end of this document. The assignment will try to shed light on why the auditor report need not include a statement in the audit report that the quarterly information is unaudited. The assignment will also give you an example of a limited procedure. 1. For Apple fiscal year 2022, complete the attached spreadsheet showing their audited 2022 net income, as well as the unaudited quarterly net income for the year. 2. Find the income statement page. Highlight net income in yellow and attach just that page. 3. Find the note for quarterly net income. Highlight quarterly net income and the word "unaudited" in green and attach just that page. 4. Choose another company of your choice. Please complete all the spreadsheet cells for that company in the column to the right of Apple. 5. Attach the full annual report for the other company. 6. Attach items 2 and 3 for the other company. 7. After completing the work above do you better understand why auditors do not need to highlight that the quarterly information is unaudited? Explain. This assignment refers to Module A part 2 questions 1 and 16 copied below at the end of this document. The assignment will try to shed light on why the auditor report need not include a statement in the audit report that the quarterly information is unaudited. The assignment will also give you an example of a limited procedure. 1. For Apple fiscal year 2022, complete the attached spreadsheet showing their audited 2022 net income, as well as the unaudited quarterly net income for the year. 2. Find the income statement page. Highlight net income in yellow and attach just that page. 3. Find the note for quarterly net income. Highlight quarterly net income and the word "unaudited" in green and attach just that page. 4. Choose another company of your choice. Please complete all the spreadsheet cells for that company in the column to the right of Apple. 5. Attach the full annual report for the other company. 6. Attach items 2 and 3 for the other company. 7. After completing the work above do you better understand why auditors do not need to highlight that the quarterly information is unaudited? Explain. A D \begin{tabular}{l|l} \hline 2 & Company Na \\ 3 & Net Income, \\ 4 & 2022 (or mo \\ 5 & Unaudited: \end{tabular} 6 Quarter 1 7 Quarter 2 8 Quarter 3 9 Quarter 4 10 Quarterly totals 11 Audited minus quarterly totals 12 Should equal zero. Does it? \begin{tabular}{|l|l|} \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular} This assignment refers to Module A part 2 questions 1 and 16 copied below at the end of this document. The assignment will try to shed light on why the auditor report need not include a statement in the audit report that the quarterly information is unaudited. The assignment will also give you an example of a limited procedure. 1. For Apple fiscal year 2022, complete the attached spreadsheet showing their audited 2022 net income, as well as the unaudited quarterly net income for the year. 2. Find the income statement page. Highlight net income in yellow and attach just that page. 3. Find the note for quarterly net income. Highlight quarterly net income and the word "unaudited" in green and attach just that page. 4. Choose another company of your choice. Please complete all the spreadsheet cells for that company in the column to the right of Apple. 5. Attach the full annual report for the other company. 6. Attach items 2 and 3 for the other company. 7. After completing the work above do you better understand why auditors do not need to highlight that the quarterly information is unaudited? Explain. A D \begin{tabular}{l|l} \hline 2 & Company Na \\ 3 & Net Income, \\ 4 & 2022 (or mo \\ 5 & Unaudited: \end{tabular} 6 Quarter 1 7 Quarter 2 8 Quarter 3 9 Quarter 4 10 Quarterly totals 11 Audited minus quarterly totals 12 Should equal zero. Does it? \begin{tabular}{|l|l|} \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular}
This assignment refers to Module A part 2 questions 1 and 16 copied below at the end of this document. The assignment will try to shed light on why the auditor report need not include a statement in the audit report that the quarterly information is unaudited. The assignment will also give you an example of a limited procedure. 1. For Apple fiscal year 2022, complete the attached spreadsheet showing their audited 2022 net income, as well as the unaudited quarterly net income for the year. 2. Find the income statement page. Highlight net income in yellow and attach just that page. 3. Find the note for quarterly net income. Highlight quarterly net income and the word "unaudited" in green and attach just that page. 4. Choose another company of your choice. Please complete all the spreadsheet cells for that company in the column to the right of Apple. 5. Attach the full annual report for the other company. 6. Attach items 2 and 3 for the other company. 7. After completing the work above do you better understand why auditors do not need to highlight that the quarterly information is unaudited? Explain.
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