Progress Report of Gpc 2007

Progress Report 1 phoner Background A.What is the ticker symbol of your federation? GPC ( bona fide Parts Company). Identify the extend exchange where your company stock trades? GPC is traded on the New York Stock Exchange (NYSE). There atomic number 18 currently 159.44 million shares of GPC being sold on the NYSE. B. make the studyors publish included in the annual report of the company and explain its purpose. Identify the name of the auditing firm. Ernst & young L.L.P. is the auditing firm who prepared the annual report. Ernst & Young L.L.P. is the United affirms arm of Ernst & Young Global, one of the Big four accounting firms, which includes rivals PricewaterhouseCoopers and Deloitte Touche Tohmatsu. Ernst & Young provides assurance, tax, transactions, and advisory operate to public and common soldier companies in a wide variety of industries from about one hundred offices throughout the United States. Ernst & Young L.L.P. is part of the Americas division of the worldwide accountancy network. Arthur Young and Alwin C. Ernst founded the two accounting firms that were later feature to form Ernst & Young. Ernst & Young L.L.P.

audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the unify balance sheets of Genuine Parts Company as of December 31, 2007 and 2006, and the related consolidated statements of income, shareholders equity, and cash flows for each of the three years in the diaphragm ended December 31, 2007 of Genuine Parts Company and our report dated February 26, 2008 expressed an unqualified opinion thereon. According to the audit by Ernst & Young, Genuine Parts Company maintained, in each(prenominal) material an effective internal control over pecuniary reporting as of December 31, 2007, based on the COSO criteria. C. soon explain the major operations of your company. What products does it sell and/or services does it render? Identify the major competitors of the company. Genuine Parts Company, founded in 1928, is a... If you want to get a full essay, order it on our website: Ordercustompaper.com

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