Answer following three quesitons
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This assignment involves the financial statements and SEC filings for the San Diego company Kratos (same Company you looked at for Homework #3).
From the company’s web site or SEC.gov – the filings section, find the Form 10-K for the year ended 12/31/18 that was filed with the SEC on February 28, 2019, the annual filing for the company.
Three questions:
- From the 10-K text on “Company Business” on page 3 and “Risk Factors”beginning on page 13, please list some of the items you think would fit into each of the categories on class slide for Chapter 6 titled “Understanding the Client’s Business, Industry, Regulatory, and Other Factors” were you beginning to plan the audit of Kratos this year.
- Find and list three or four of the key business events which occurred in the fiscal year 2018, as management describes them.
- Please list 3 of the company’s risk factors which you think might have an impact on the upcoming audit of Kratos.Please explain why you think they are risks affecting the audit.

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