(a)[4]
Explain how the role of an external auditor differs from the role of an internal auditor in a limited company.
(b)[8]
Recommend the accounting treatment for information 1, 3, 5 and 6 in the financial statements.
(c)[3]
Calculate the revised profit for the year ended 31 December 2016 after applying your recommendations in (b).
(d)[4]
Prepare the statement of changes in equity covering the year ended 31 December 2016.
(e)[3]
Prepare the redrafted statement of financial position as at 31 December 2016.
(f)[3]
Discuss the actions Euan should take if the directors fail to amend the financial statements.