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ADV AUDITING Protfolio This Question have two parts. Both are related. Please Upload it seprate. Please read entire assingment before starting. Part 1Select two companies that operate in the same indu

ADV AUDITING Protfolio 

This Question have two parts. Both are related. Please Upload it seprate. Please read entire assingment before starting. 

Part 1

Select two companies that operate in the same industry. Please select:

  1. A United States-based, publicly traded company
  2. A non-United States-based, publicly traded company.

Requirements:

Part 2

For each of the two companies selected for your Portfolio Project Milestone, which was due in Module 2, complete the following:

  • Go to that company’s website and obtain the most current financial statements and audit report. Identify five material account balances from the financial statements. Since the auditor’s workpapers are not published, discuss audit planning and audit procedures that were potentially required for each of the account balances to support the audit findings presented in the audit report. Note: Essentially, you are working backwards!
  • Research the company’s Audit Committee’s(AC) Charter. Describe some of the items discussed in the AC’s review of the audit, such as the purpose of the company’s Audit Committee and their engagement with the external auditors.

Prepare a written report discussing each of the components above. Be sure to provide any supporting documents as addendums to your report and not in the body of the report.

Your report should meet the following criteria:

After you have completed your written report, prepare a PowerPoint presentation summarizing the similarities and differences in the two audit reports.

Your presentation should meet the following criteria:

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