ACC 546 help A Guide to career/uophelp.com ACC 546 help A Guide to career/uophelp.com | Page 5

■ Number of employees
[b] What are Apple’s products?
[c] Who are Apple’s competitors?
[d] Who are Apple’s customers?
[e] Who are Apple’s suppliers?
[f] How does Apple market and distribute its products?
[g] What is Apple’s basic business strategy (cost leadership or
differentiation)?
[h] What are critical business processes for Apple given its basic
business strategy (for example, supply chain management)?
[i] What accounting information is associated with the critical business
processes and how does Apple measure up on that information?
[j] What accounting methods does Apple use to report the accounting
information associated with critical business processes and what is the
risk of material misstatement?
This memo is to be used as a foundation document for the preliminary
business risk assessment. In evaluating Apple’s performance and
assessing the risk of misstatement, please be sure to describe your
reasoning. Your memo should be double-spaced and addressed to the
partner for the engagement (your instructor). Your firm
demandspolished, concise, professi onal analyses and writing. Be
thorough, but get to the issues without unnecessary verbiage. In
describing your analyses and conclusions, please consider relatively