APES 110 Code of Ethics for Professional Accountants identifies five key threats to audit independence. Ten examples of threats to audit independence are listed below. Complete the following table by classifying each threat as either a Self-interest (1), Self-Review (2), Advocacy (3), Familiarity (4), or intimidation Threat (5). Fing question Threats to Audit Independence The audit firm has a consulting contract with the audit client to prepare a draft set of financial statements. The audit partner was requested by the client to appear at a press conference to launch the client's new share prospectus. A former partner of the audit firm is now a director of the firm he previously audited. The audit client is claiming they will replace the current audit firm because of a disagreement on the way the audit firms insists the client must account for research and development costs. An auditor member has an indirect financial interest in the client. Audit staff authorise client transactions and prepare source document for the client, Audit fees for one client represents 30% of the auditor's total audit fees. A member of the audit team owns shares in the audit client amounting to 35% of its issued shares. The audit fees include a bonus contingent on the client receiving a loan. The auditor engagement partner for the client has held that position for the past eight years