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Question 3 (50 Points) Please identify the type of threat for each case, and decide how these cases affect auditor's independence. (4 for case and

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Question 3 (50 Points) Please identify the type of threat for each case, and decide how these cases affect auditor's independence. (4 for case and 8.5 for effect) Auditor publicly endorses the services and products of the client company. Type of Threat: Effect on Auditor's Independence: Auditor provides bookkeeping services to the client. Type of Threat: Effect on Auditor's Independence: Auditor's brother is the CEO of the client company. Type of Threat: Effect on Auditor's Independence: a CFO of the client and auditor have a lawsuit on-going. Type of Threat: Effect on Auditor's Independence

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