The financial statements of Zetar plc are presented in Appendix C The companys complete annual report, including the notes to its financial statements, is available at Instructions (a) Which committee of the board of directors is responsible for considering managements reports on internal control (...

a Zetars Audit Committee reviews managements reports on internal control b The key control p ...

The financial statements of Zetar plc are presented in Appendix C. The companys complete annual report, including

Question:

The of Zetar plc are presented in Appendix C. The company’s complete annual report, including the notes to its is available at
Instructions
(a) Which committee of the board of directors is responsible for considering management’s 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?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...