(c) Comment on the matters to be considered in seeking to determine the extent o

(c) Comment on the matters to be considered in seeking to determine the extent of Indigo Co’s financial loss

resulting from the alleged fraud. (6 marks)

(c) Extent of alleged fraud – Matters to be considered■ Details reported to police: The managing director may have made some estimate of the possible extent of the fraud inreporting the chief accountant’s disappearance to the police.■ The minimum loss (as