answer both parts pls.

Advanced Auditing - ACF3003 (5) Question 4 (25 marks) You are a senior manager in Image & Co, and you are responsible for the audit of Herald Co, a manufacturer of plastic toys which are exported all over the world. The following matter has been brought to your attention by the audit senior, who has just completed the planning of the forthcoming audit for the year ending 30 June 2020: During a discussion with the production manager, it was revealed that there have been some quality control problems with the toys manufactured between March and May 2020. It was discovered that some of the plastic used in the manufacture of the company's products had been contaminated with a dangerous chemical which has the potential to explode if it is exposed to high temperatures. Herald Co did not recall any of the products which had been manufactured during that time from customers, as management felt that the risk of any injury being caused was remote. Corfich corridentalis Your firm has been invited to tender for the provision of the external audit service to Combat Co. You are aware that Combat. Co operates in the same industry as Herald Co, and that the two companies often enter into highly publicised, aggressive advertising campaigns featuring very similar products. Combat Co is a much larger company than Herald Co, and there would be the opportunity to offer some non-audit services as well as the external audit. incretve. carod anda Required: contrue to Herald Assess the ethical and professional issues raised, and recommend any actions necessary in respect of: gery (i) The contaminated plastic used by Herald Co; and [13 marks) (ii) The invitation to audit Combat Ltd. [12 marks] separate ergogenout JU roro gultus to fallou Advanced Auditing - ACF3003 (5) Question 4 (25 marks) You are a senior manager in Image & Co, and you are responsible for the audit of Herald Co, a manufacturer of plastic toys which are exported all over the world. The following matter has been brought to your attention by the audit senior, who has just completed the planning of the forthcoming audit for the year ending 30 June 2020: During a discussion with the production manager, it was revealed that there have been some quality control problems with the toys manufactured between March and May 2020. It was discovered that some of the plastic used in the manufacture of the company's products had been contaminated with a dangerous chemical which has the potential to explode if it is exposed to high temperatures. Herald Co did not recall any of the products which had been manufactured during that time from customers, as management felt that the risk of any injury being caused was remote. Corfich corridentalis Your firm has been invited to tender for the provision of the external audit service to Combat Co. You are aware that Combat. Co operates in the same industry as Herald Co, and that the two companies often enter into highly publicised, aggressive advertising campaigns featuring very similar products. Combat Co is a much larger company than Herald Co, and there would be the opportunity to offer some non-audit services as well as the external audit. incretve. carod anda Required: contrue to Herald Assess the ethical and professional issues raised, and recommend any actions necessary in respect of: gery (i) The contaminated plastic used by Herald Co; and [13 marks) (ii) The invitation to audit Combat Ltd. [12 marks] separate ergogenout JU roro gultus to fallou