Question
. Choose a public Canadian company with recent 2 year comparative published Financial Statements (look on Sedar.com). Print off the most recent audited financial statements.2.
. Choose a public Canadian company with recent 2 year comparative published Financial Statements (look on Sedar.com). Print off the most recent audited financial statements.2. Do research and record your findings about: the companys business, industry, and management.3. Assess if there are any risk factors that need to be considered for considering overall audit risk and planning the overall audit strategy (eg. Is there a pending lawsuit?, are there going concern issues?, has there been a change in management?, has the company suffered significant losses? Has there been a change in the bonus structure? Are there debt covenants that the company needs to follow? Any negative news about industry or company? Any risks with geographic location and economy? Any risks associated with the industry company in? etc)
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