(b) (i) Difficulties in measuring and reporting on social and environmental performance
Up to 1½ marks for each point discussed:
– Measures are difficult to define
– Measures are difficult to quantify
– Systems not set up to capture data
– Hard to make comparisons
Maximum 4

(ii) Procedures on Faster Jets Co’s performance measures
Generally 1 mark for a well explained procedure:
– Obtain a summary of all amounts donated to charitable causes and agree to cash book
– For large donation confirm that authorisation for the payment has been made
– Review correspondence with charities for confirmation of the amounts paid
– Review relevant press releases and publicity campaigns
– For the $750,000 spent on the local education scheme, obtain a breakdown of the amounts spent and scrutinise to ensure all relate to the scheme, e.g. payments to educators
– Obtain a sample of registers to confirm attendance of children on certain days
– For the free flights donated to charity, perform analytical review to confirm that the average value of a flight seems reasonable – the average being $700
– For a sample of the 800 free flights, obtain confirmation that the passenger was a guest of Faster Jets Co
– Agree a sample of business miles travelled in vehicles and fuel costs to employee expenses claims forms
Maximum 6