Answer the questions using the 2013 Form 10-K for Microsoft. Im not 100% sure on

Question

Answer the questions using the 2013 Form 10-K for Microsoft. Im not 100% sure on this but I think this is the link to it

https://www.sec.gov/Archives/edgar/data/789019/000119312513310206/d527745d10k.htm

Using the report answer the following questions

-Describe the type of business in which Microsoft operates

-Read the letters from the CEO and chairman and discuss any information learned from this letter that might be useful to an analyst

-What type of audit opinion was given from the financial statements and the internal financial controls of Microsoft? Explain the key items discussed in the audit report

-Read the management discussion and analysis (MD&A). Discuss whether the item that should be addressed in the MD&A are included. Support your answers with examples from the Microsoft MD&A.

-After reading the MD&A discuss the future prospects of Microsoft. Do you have any concerns? If so describe those concerns.

Explanation / Answer

Answer 1:

Microsoft generates revenue by developing, licencing and supporting a wide range of software products & services. In short Microsoft provides services, provides licence to use operating software system and also sells number of devices to customes. Micorsoft operates in computer software,hardware & electronic device business.

Answer 2: There is no such information in letter of CEO that might useful to an analyst.

Answer 3: Microsoft has been given unqualified opinion on financial statement and controls of Microsoft. Audit report provides that auditor provides reasonable basis of opinion. Reasonable basis of opinion means after following prescribed auditing procedure auditor has taken due care in auditing of financial statements but they have not found any material discrepancies in financial statement of Microsoft

Answer 4: An ideal MD& A should include following points,

After reading MD&A of Microsoft Corporation, I can say that MIcrosoft corporation has provided an ideal MD&A. Microsoft has provided information in following areas

Industry trends & key opportunities and investments. These points covers all the information required in an ideal MD&A.

Answer 5:

After reading MD&A I have analyzed that Microsoft has huge opportunities available in the area of cloud computing and soft wares. The whole business world is now sifting online, they are in search of innovative and cost effective technologies, Microsoft can use its resources to provide solution in this area, this area has a huge potential of business for Microsoft but competition poses new challenges also.

I have following concerns for Microsoft future:

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