Question 3a
Marking Guide
½ mark for source of documentation and ½ mark for information expect to obtain, max of 2½ marks for sources and 2½ marks for information expect | |
| – prior year audit file | |
| – prior year financial statements | |
| – accounting systems notes | |
| – discussions with management | |
| – permanent audit file | |
| – current year budgets and management accounts | |
| – sunflower’s website | |
| – prior year report to management | |
| – financial statements of competitors | |
| max marks | 5 |