1. The management of risk and uncertainty is often included in the MD&A section comments. As the auditor, what is of interest to you that would impact how you conduct the audit of the financial statements?

2. Management often explains higher or lowerperformance than expected in their comments. Discuss the profitability and other comments in the MD&A section as they relate tothe auditor's audit strategy, audit risk risk, concerns with internal control, and whether this information is material to the financial statements taken as a whole.