1) Listen Threats to Independence [10 marks total- 5 mini-scenarios @ 2 marks each] Maintaining independence is fundamental in the context of assurance services, including audits. Auditors must maintain "Independence in fact" as well as "Independence in appearance". There are five catagories of threats to an auditor's independence. For each of the following five mini-scenarios - respond to the following: [A] Identify the type of threat to the auditor's independence based on the description, and [B] Explain why the situation presents the type of threat you have identified/why the situation is concern for the auditor's Independence. SCENARIO: [2 marks- respond to [A] and [B] above for each scenario] You are working as a junior auditor on the October year end of the financial statement audit of Mango Retail Inc. During your work in the Accounts Receivable section of the file, you note that two members of the audit team assisted in developing the Accounts Receivable software module last year.