Question 5a
Marking Guide
up to 1 mark per point | |
– continue to trade for foreseeable future | |
– foreseeable future not defined isa 570, but ias 1 states minimum 12 months after year end | |
– ias 1 accounts automatically on going concern basis | |
max marks | 2 |
up to 1 mark per point | |
– continue to trade for foreseeable future | |
– foreseeable future not defined isa 570, but ias 1 states minimum 12 months after year end | |
– ias 1 accounts automatically on going concern basis | |
max marks | 2 |