(b)

Up to 1 mark per well described procedure.
– Request extension of cash flow forecast to cover period to 30 September 2016
– Review cash flow forecasts
– Sensitivity analysis
– Discuss if sales levels have increased and if any new customers obtained
– Review post year-end sales and order book
– Discuss if alternative finance obtained to repay loan
– Review suppliers’ correspondence
– Discuss contingency plans
– Enquire of lawyers any further litigation by suppliers
– Enquire of lawyers on possible change in legislation
– Subsequent events
– Board minutes
– Management accounts
– Written representation

5
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