Question 3a
Marking Guide
| 1 for each ethical threat and 1 for explanation of how to mitigate that threat = 2 marks per linked points. | |
| part (i) therefore is 6 marks total and part (ii) is 6 marks total | |
| engagement partner – time providing service | |
| engagement partner’s daughter takes part in audit | |
| payment for investment advice | |
| gift of balloon flight from client | |
| contingent fee – taxation work | |
| representing client in court | |
| self-review threat from taxation service | |
| fixed fee – normally calculate on time and experience? | |
| other valid points | |
| maximum marks | 12 |