The financial statements of Zetar plc are presented in Appendix F. Instructions for accessing and using the company's complete annual report, including the notes to its financial statements, are also provided in Appendix F.
Instructions
Using the notes to the company’s financial statements, answer the following questions.
(a) Which committee of the board of directors is responsible for considering managements reports on internal control?
(b) What are the company’s key control procedures?
(c) Does the company have an internal audit department?
(d) In what section or sections does Zetar report its bank overdrafts?