question archive Note: from the above link provided, answer the following questions about the Suncor Energy
Subject:AccountingPrice: Bought3
Note: from the above link provided, answer the following questions about the Suncor Energy.
Perform a going concern assessment (is the company making a profit? History of losses? Positive cashflow? etc.). Make a conclusion on going concern and suggest procedures if necessary.
Provide a summary of any outstanding lawsuits. Explain the impact of the lawsuits on the audit and recommend audit procedures for litigation and claims.