Review Of The Under Armour Audit Coursework Report - 275 Words

Review Of The Under Armour Audit Coursework Report (Coursework Sample) Content: Review of the Under Armour Audit reportStudent NameInstitutional AffiliationReview of the Under Armour Audit reportThe navigation to the Form 10-K report of the company entails a simultaneous process. The process involves access to the SEC website whereby loads of companies databases are held and accessible upon request. The search for the Under Armour Company returns multiples classes of documents which exist in the database. Nonetheless, the central focus is on the content of the Form 10-K which constitutes of the companys financial report. The Form 10-K discloses all the necessary information relating to end-year comprehensive report of the firm. The auditors report is presented on the Form 10-K as item 15 (part IV) namely under heading Report of Independent Registered Public Accounting Firm.A concise review of the auditors report for Under Armour Inc. reveals that the auditors render an unqualified opinion. The unqualified opinion provides that the company present s its financial statement in relation to complying with all material requirement reasonably. The auditors independent opinion confirms that the firms presentation of the financial statement is in line with GAAP principles (Under Armour Annual Report, 2017). The unqualified opinion renders a clean bill of health for the financial accounting approach of the entity and its subsidiaries.The auditors report also reveals the appropriate measures put in place by the compa...