11h 34min, jan 24, 2025 y - FST Key WP Review

Description:

Substantive audit approach
Security on bank audit letter? Check CH no legal charges
Cash pooling reclass correct vs PY?
Why such big P&L reclasses? MD to ask client
FRS101 to IFRS
Sales 13 samples outstanding due to sample size calculator not followed
Missing journals due to worldwide journal number. MD to put on GA Memorandum
MLP Director bookings 4%
NPV calcs
- 2% terminal growth turnover
- EBITDA reducing
- WACC 7% (consistent to last year)
- Asset contributory charge
One-off
Defective parts accrual approval need rep letter if no email Board approval
Blackburn closure redundancy announcement agreed 2024
Intercompany charges correction £1.9m agreed CY adjustment

Added to timeline:

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