Assignment task: The Initial Public Offering of Reborn Coffee Of Brea, California Occurred In August Of This Year Through Filings On Form S-1 And Various Amendments On Forms S-1/A. Reborn Is a new Small Chain of Coffee Shops in Southern California
1. From a Reading of the Form S-1 and the Recent Quarterly 10-Q, Describe 3 particular audit risks that auditor Paris, Kreit and Chu will have to deal with for the year ended December 31, 2021.
2. The Audit Opinion includes a Critical Matter Disclosure (We Will Cover Specifics Later In Quarter) - Describe the matter and Its Importance.
3. What happened to The Stock Price between the Date it started Trading and the date of your homework (now)?