This class activity focuses on financial reports and audit opinions. First, you will learn two easy methods for looking up a specific companys annual reports. Second, you will identify the type of opinion given by an auditor.

You will submit answers for each question through Canvas. Each individual must submit their own answers for this assignment.

READ THE FOLLOWING:

PLEASE FIND THE 10-K report using the following steps:

1

Find a Report through EDGAR

EDGAR is a website maintained by the SEC. All filings (e.g., 10-K, 10-Q, 8-K) that are submitted to the SEC can be freely accessed through this site. The easiest way to search for a company is by the ticker symbol or CIK code, although you can also search by company name or other features. For this question, search for the 2020 10-K for Kroger using the following steps:

1

Go to

https://www.sec.gov/edgar/searchedgar/companysearch.html

and search Kroger Co or KR

2

In the "Filing Type:" box, type "10-K" and then click "Search".

3

Open the most recent 10-K report

QUESTION TO SOLVE:

4

Locate the audit opinion(s) and answer the questions below:

a

On what page does the financial statement audit opinion begin?

b

Who is the company's auditor?

c

What is the date of the audit report?

d

What year did the auditor begin auditing Kroger?

e

Did the auditors issue a combined or separate report on internal controls?

f

What type of opinion did the auditors issue on the financial statements?