WK1: SEC 10-K Income Statement and Notes to the FS

Here is the link: https://www.sec.gov/ix?doc=/Archives/edgar/data/1744489/000174448922000213/dis-20221001.htm

Read the Notes to the Financial Statements (FS) for your SEC 10-K company and comment on the following. (These "notes" are displayed after the financial statements.)

1. Inventory comments: comment on inventory issues using the concepts of materiality and geographic location.

2. Inventory and Sales: comment on issues related to diversity in the customer base and internal control issues.

3. Accounts Receivable and Sales: comment on issues related to the selling and distribution system of your SEC 10-K company, fraud matters, and internal control.

4. Challenges and opportunities you see as you relate our auditing topics to your company. Details are high-level in the SEC 10-K, but organizations rely on Auditing concepts as they prepare for the audits and as part of their internal control process.