The fee for last year's audit of Beacon Ltd is still outstanding (unpaid). Which safeguard should your audit firm implement in order to comply with the Code of Ethics and Conduct? Stop work on the current year audit immediately Agree on a payment schedule with Beacon Ltd that results in the fees being paid before much work is done on the current year audit Resign from the current year audit Regard the outstanding fee to be a loan to the client and continue with the current year audit