1 Discuss what the procedures outlined in ISQC 1 Acceptance and Continuance of Client Relationships should ensure in respect of audit and assurance engagements. (4 marks)

2. Define what is meant by objectivity in the IFAC Code of Ethics 2018 and explain how independence in appearance is established. (4 marks)

3. Explain why internal controls can never be considered to be fool-proof by highlighting four key limitations. (4 marks)

4. Explore the idea of a material misstatement in the context of audit and explain what may influence the auditors judgement regarding whether a misstatement is considered to be material. (4 marks)

5. Explain what is meant by sufficient appropriate audit evidence. (4 marks)