(a) Prominent Management Group Limited (PMG) is the holding company of a group which offers a range of management training and related services in Hong Kong. The flagship of the group is Prominent Professional Training Limited (PPT), a company which has been offering preparatory courses for professional examinations in accounting, finance, marketing, management, and computing since 1990. Prominent Management Consulting Limited (PMC) was set up in 2009 to capture the market for management training other than the preparatory courses currently offered by PPT. PMG has 40 classrooms and training venues located in 4 different locations in Hong Kong. Their training services are provided under the names of PPT and PMC which are registered trademarks in Hong Kong.

Required:

CBD CPA Limited ("CBD"), with 4 directors and 100 staff members, has been nominated to take up the audit of PMG and its group for 2020. State the relevant framework / standards and discuss three particular issues that CBD has to address, with possible ways to respond, before accepting such an audit nomination.