Question 2b i
Marking Guide
responsibilities of those charged with governance | |
| 1/2 mark for identification of responsibility and a further 1/2 if adequately described, but maximum 2 | |
| strategic direction | |
| accountability obligations | |
| financial reporting process | |
| promotion of good corporate governance | |
| risk assessment processes | |
| establishment and monitoring of internal controls | |
| compliance with law and regulations | |
| implementation of controls to prevent and detect fraud and errors | |
| maximum marks | 2 |