a. Your rm is the external auditor of Breakpass plc, which has a turnover of GHS 25 million and a prot before tart of GHSIJ million. The entity operates from a head office at Breakpass and has sales and inventory holding centres in different parts of the country. The directors have decided the entity has reached a size when it needs an internal audit department. As is becoming increasingly common the directors have asked your rm to provide this service to the entity as well as being the statutory auditor of the entity's annual nancial statements. Required: 1. Describe the matters you should consider and the action you will take to ensure your firm remains independent as external auditor of the annual financial statements; (10 marks) ii. Describe two advantages and two disadvantages to Brent-mass of your firm providing an internal audit service; (3 monks)