Part 1 requires your group to calculate and analyze ratios. To assist you, our firm uses a standard worksheet for common ratios; you can download a copy here. The problem directs you to the publisher’s website; however, you may download the required files from the link above. You will also prepare a common-size income statement, using the information from the Excel worksheet named “Pinnacle Financials,” found in the ZIP file that you downloaded. You are asked to estimate potential misstatements, and your group should discuss methods for this estimate and the accounts that are at risk.