Public company financial statements The financial statements for public companies are available through SEDAR (www.sedar.com). This is

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Public company financial statements The financial statements for public companies are available through SEDAR (www.sedar.com). This is the official site that provides access to information filed by public companies and investment funds with the Canadian Securities Administrators (CSA). The objective in making public this financial information is to enhance investor awareness of the business and affairs of public companies and to promote confidence in the transparent operation of capital markets in Canada. Achieving this objective relies heavily on the provision of accurate information on market participants. 

Required 

Go to www.sedar.com and select the most recent set of audited annual financial statements for a Canadian public company. Using this set of financial statements: 

(a) Assess the inherent risk of the company chosen. 

(b) Calculate materiality for the engagement. 

(c) Perform preliminary analytics and summarize your findings.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Related Book For  answer-question

Auditing A Practical Approach

ISBN: 978-1118849415

2nd Canadian edition

Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren

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