Reference no: EM132448965
ACC546 Auditing Assignment - University of Phoenix, USA
Assessment - For the company Cirrus Logic Inc.:
Determine what the company's comprehensive income is for the year (and prior 2 years).
Identify what items are flowing through comprehensive income.
Is comprehensive income higher or lower than net income? Why?
Identify the company's Earnings per Share for the year (and prior 2 years).
Identify whether the company has both basic and diluted EPS.
What trends do you see in comprehensive income and earnings per share?
Has the company issued dividends, stock dividends or had a stock split in the past three years?
Based on your additional analysis of the company, how has your evaluation of the company's financial health changed since your analysis during Week 2?
Determine what the company's policy is related to long-lived assets, goodwill, and other intangible assets.
Identify what the company says about its annual goodwill impairment testing.
Identify whether the company has any deferred tax assets and liabilities, and summarize what the company says about these items in the 10-K.
Identify the disclosures related to long-term debt, leases, and other long-term liabilities.
Based on your additional analysis of the company, how has your evaluation of the company's financial health changed since your analysis during Week 1?