use a tabulated format if helpful having "Threats", "Safeguards" and "Objective Assessment" as column headings.

Stephen Tiler CPA has been appointed as a junior auditor of Best Solutions Limited (BSL). One of his first tasks is to review the firm's audit clients to ensure that independence requirements of APES 110 (Code of Ethics for Professional Accountants) are being met. His review has revealed the following:

(e) Bradley Cooper CPA is a partner in BSL and the engagement partner on the audit of Western Chemicals Limited (WCL). Jennifer Lawrence CA is another partner in BSL who provides non-audit services to WCL. Jennifer's husband Cooke Maroney is planning on purchasing significant shares in WCL. Required: For each of the independent situations above, and using the conceptual framework in APES 110 (Code of Ethics for Professional Accountants), answer the following questions:

1. Identify potential threat(s) to independence & recommend safeguards (if any) to reduce the independence threat(s) identified.

2. Provide an objective assessment of whether audit independence can be achieved