TIF 7-3 Real World Annual Report for Ebay most recent year ...

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Accounting

TIF 7-3 Real World Annual Report for Ebay most recent year
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Obtain eBay's most recent annual report on Form 10-K. The Form 10-K is a company's annually required filing with the Securities and Exchange Commission (SEC). It includes the company's financial statements and accompanying notes. The Form 10K can be obtained either (a) from the investor relations section of the company's website or (b) by using the company search feature of the SEC's EDGAR database service found at www.sec gov/edgar/searchedgar/companysearch.html. 1. Based on the information in eBay's most recent annual report, answer the following questions: a. How much cash does eBay have at the end of the most recent year? b. What percentage of total current assets is cash during the most recent two years presented? Has this percentage increased, decreased, or remained the same during this period? 2. Review Management's Annual Report on Internal Control Over Financial Reporting. Based on this information, answer the following questions: a. Who has responsibility for establishing and maintaining adequate internal controls over a company's financial reporting? b. How is "internal control over financial reporting" defined in this report? c. What is a material weakness? Were any material weaknesses identified? d. What is a critical audit matter? Were any critical audit matters identified

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