Part A: Select one public company of the following:
Resmed Corporation, of San Diego, (ticker symbol RMD) 10-K for the year ended June 30, 2017, filed with the SEC August 4, 2017
Spectra Science, Inc. of San Diego, California (ticker symbol SCIE ) 10-K for the year ended December 31, 2016, filed with the SEC March 31, 2017.
WD-40 Company of San Diego, California (ticker symbol WDFC) 10-K for the ended August 31, 2016, filed with the SEC October 23, 2016.
For the company selected, go to their web site and a web site independent of the company that provides financial information and familiarize yourself with information regarding the company including the Company's annual filing on Form 10-K and answer the following questions:
Company Name
Fiscal Year End
Industry
Exchange & Trading Symbol
Audit Firm
Financial information web site consulted for additional reference
1. What kind of opinion has the audit firm issued on the financial statements and the system of internal control? Does anything appear unusual about the reports (financial statements and internal controls) from the independent auditors?
2. Can you locate in SEC filings (not in the 10-K) what the most recent annual audit fees are for the company?
3. What is the company's industry and identify one unique risk factor for that industry?
4. Identify one competitor for this company. How does the company compare (market share, size, etc) to this competitor?