Up to 1 mark per well explained advantage/disadvantage. Overall maximum of 8 marks for Saxophone and 2 marks for Cello.

Saxophone

Staffing gaps addressed
Immediate solution
Skills and experience increased
Costs savings
Flexibility of service
Existing internal audit department staff, cost of potential redundancies
Increased costs as fees by Cello & Co may increase over time
Knowledge of company and systems reduced
Loss of in-house skills
Confidentiality issues
Control of department reduced

Cello

Additional fees for Cello & Co
Independence issues for audit firm

max marks 10