Question 5ii
Marking Guide
Fire at warehouse
Amendment to financial statements 2 marks – 1 per well-explained point
disclosure in fs – unlikely with reason | 1 |
| no amendment to b/s etc | 1 |
| other relevant points | 1 |
| maximummarks | 3 |
Batch of cheese
Disclosure of event 2 marks – 1 per well-explained point
disclosure event – because significant impact | 1 |
| no adjustment | 1 |
| going concern issue – reputation | 1 |
| may result in amendment to fs | 1 |
| other relevant points (each) | 1 |
| maximummarks | 3 |