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Hello sir,
In a question called Fox industry June 13
5 deficiency+5 recommendation
Also a requirement being prepare covering letter.Is this covering letter examinable.?
If yes can you pls give guidance on how to approach in few words.Yes it is – it’s probably worth 2 marks and only required when specifically asked for. The published answer shows what is needed – addressee, subject line, intro sentence and a “Yours” that is appropriate to the “Dear” – so if “Dear Sirs” it should be “Yours faithfully”.
Yes sir thanks alot.
Pretty much all covering letter follow same format don’t they??That’s the point:
Board of directors
ABC Co
Address1 July 20X5
Dear Sirs
Audit of ABC Co for the year ended … 20X5
Please find enclosed the report of deficiencies in internal controls identified during the audit for the year ended … 20X5.
The appendix to this report considers deficiencies in the [… ] system and recommendations to address those deficiencies.
This report is solely for the use of management and if you have any further questions, please do not hesitate to contact us.
Yours faithfully
An audit firm
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