Question 4b
Marking Guide
Matters to be discussed
Generally 1 mark for each matter explained:
– Purpose, nature and scope of investigation
– Confirm objectives of investigation
– Time-scale and deadline
– Potential scale of the fraud
– How fraud reported to finance director
– Possible reasons for fraud not being detected by internal controls
– Resources to be made available to investigation team
– Whether matter reported to police
Maximum marks 6