QUESTION $1$

$(25$ Marks$)$

Pulse Limited specializes in custom$-$made leather products. The company has $5$ million authorized ordinary shares at a par value of R$50.$ The bookkeeper has finalized the financial statements for Pulse Limited for the financial year that ended on $31$ Augusi $2024,$ on which date the market value per share was R$180.$ In alignment with governance best practices, the Board of Directors has identified key reporting areas that must be addressed during their quarterly meetings. These focus areas are designed to provide a comprehensive overview, allowing the Board to thoroughly evaluate stakeholder compliance, monitor nisk exposure, and assess the effectiveness of risk management strategies. By incorporating these specialized reporting fields into their review process, the Board can make informed decisions that align with the organization's strategic objectives while ensuring robust compliance and nisk oversight.

Statement of Comprehensive income for the financial year ended $31$ August $2024$

$\backslash$table$[[,2024$

$R^{\text{'}}000,2023$

$R^{\text{'}}000$