Beta Management Case

Cysco Systems Inc. (CSCO)

Kyle Young

Form 10-K (09/12/2012)

Form 10-Q (11/20/2012)

Form 8-K (01/08/2013)

PART A

A-1

* There are four parts listed in the table of contents.

* Part I: This section describes the business operations, products, and services that it provides.

* Part II: This section includes the financial data of the company as well as managements analysis of the financials and the controls for the company.

* Part III: This section shows that management has reviewed and approved the information in the document and that everything reported is in accordance with laws and regulations.

* Part IV: The financial schedules and exhibits as well as the signatures of the executives.

A-2

To the Board of Directors and Shareholders of Cisco Systems, Inc.:

In our opinion, the consolidated balance sheets and the related consolidated statements of operations, of cash flows and of equity listed in the accompanying index present fairly, in all material respects, the financial position of Cisco Systems, Inc. and its subsidiaries at July 28, 2012 and July 30, 2011, and the results of their operations and their cash flows for each of the three years in the period ended July 28, 2012 in conformity with accounting principles generally accepted in the United States of America. In addition, in our opinion, the financial statement schedule appearing under Item 15(a)(2) presents fairly, in all material respects, the information set forth therein when read in conjunction with the related consolidated financial statements. Also in our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of July 28, 2012, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). The Company’s management is responsible for these financial statements and financial statement schedule, for...