Question 5a
Marking Guide
aviation fuel inventory | |
| 1 mark each for each valid procedure or action: | |
| – any alternative treatments in gaap | |
| – materiality calculation | |
| – review prior year working papers | |
| – discuss with directors | |
| – warn directors possible qualification | |
| – quantify amount | |
| – management representation | |
| – draft audit report | |
| – other relevant points | |
| maximum marks | 6 |