Question 1c
Marking Guide

‘Support letters’

Generally 1 mark each point contributing to an explanation of their role as audit evidence

Ideas

• Consolidated FS vs entity FS
 • Bank requirement/routine
 • Going concern basis
 • Support by whom?
 • For how long?
 • Formal confirmation of intent
 • Approved by board
 • Need for evidence of ability

Max 6 marks