d. Explain the auditors responsibility in respect of fraud and error. (6 marks)

e. You are the auditor of Chain restaurants. You have noticed a newspaper report that guests at the wedding have fallen ill after eating at one of your clients restaurants. Explain the responsibilities of management and auditors of Chain restaurant in relation to compliance with laws and regulations under ISA 250, Consideration of Laws and Regulations in an Audit of Financial Statements. (7 marks)

f. Explain the ethical guidance in respect of the setting of fees for assurance services. (4 marks) g. A high quality audit features the exercise of professional judgement by the auditor, and importantly, a mindset which includes professional skepticism. Explain the meaning of the term professional skepticism and discuss the stage (s) at which it should be applied during the audit. (8 marks)