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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › December 2011 exam
Hi sir, in my textbook it states that the
“Board as a whole SHOULD PRESENT a balanced and understandable assesment of the company’s position and prospects to the shareholders.”
But in december 2011 exam question 4(b) , the third weakness regarding the finance director being the only one reviewing the financial statement and budgets.
The answer key states that the
” Board as a whole SHOULD BE PRESENTED WITH a balanced and understandable assesment of the company’s position and prospect”
I’m confused. So should the board present this to the shareholders or should the board themselves be presented with the this.
Could you explain sir ?
Both.
Okay sir thank you.