Accounting CASE 1: Management Discussion and Analysis
Read Lowe’s 2018 annual report (or 10K) for the most recent year and answer the following questions: Look at the Management Discussion and Analysis (MDA) on Financial Condition and Results of
Operations presented in Lowe’s annual reports. Summarize the information discussed in the MDA.
(Maximum length of the report is 2 pages (with normal margins and 12 point font)). Include an appendix
for any extra information and that will not count in report pages.
Accounting CASE 2: Auditor’s Reports and Management Reports
Read 2018 Lowe’s annual report (or 10K) for the most recent year and look at the Auditor’s and
Managements Reports and Certifications. Summarize and comment about the standards/rules used in the following:
Auditor’s report – general
Auditor’s report – internal controls
Management report (certification) – fair presentation (check Exhibits 31.1 & 31.2)
Management report (certification) – internal controls.
(Maximum length of the report is 2 pages (with normal margins and 12 point font))
