Reference no: EM132458786

Section I

Question a. What is the history of these companies, its current business, operating sectors, and reportable segments? What factors affect their profitability and this industry in general

Question b. Compare the nature of Pepsi's history, business sectors, and reportable segments to those of CocaCola's history?

Question c. What is the purpose of the Form Def 14A? What does "Def" stand for? What types of information does a proxy contain?

Question d. Who is the auditor for Pepsico? Who is the auditor for CocaCola? What were the audit fees as a percentage of (1) total revenue, and (2) total assets? Audit fees were not always publicly disclosed. In fact, such disclosure became mandatory only since the year 2000 in the United States. Why is public disclosure of audit and other fees paid to the audit firm important?

Question e. Both managements comment on the fact that internal control over financial reporting has "inherent limitations." What are those inherent limitations? How does management obtain comfort that internal control does not contain any material weaknesses?

Attachment:- Pepsi.rar