1. To whom is the report disseminated and how does this take place? (5 marks)

2. Why might these recipients need or want the information contained in the

annual report? (5 marks)

3. What information is contained in the report? Describe the contents and

explain what it disclosed about the organisation's financial activities during

the year. (5 marks)

4. Is there any evidence that those within the organisation used consolidation or

conversion procedures to analyse the financial activities during the year.

(5 marks)

5. Has the organisation disclosed any asset or liability valuations? If so, what do

they indicate? (5 marks)

6. Is there any indication of any discrepancies, unusual features or queries

about the financial data? Describe. (5 marks)

7. Does it appear that the organisation claimed all available benefits and

allowances? Explain. (5 marks)

8. Did the organisation record details of its income and expenditure? Is

evidence provided? Provide details. (5 marks)

9. Examine the financial summaries for information about the financial status

of the organisation. Did the organisation show a profit? (5 marks)

10. What sorts of recommendations are made and what suggestions are made

regarding business activities for the upcoming year? Are they constructive?

(5 marks)

11. Is the report and any recommendation clear and logical? (5 marks)

12. Has the organisation complied with its statutory requirements? Explain.

(5 marks)

If possible locate a copy of the annual report from the previous year.

1. Compare the two reports and comment on whether or not the projections

from the first report were accurate.

2. Were the recommended changes/improvements made? How did they impact

on the next year's report (if at all)?

Part A total: 60 marks