Watch the video: " False Assurance" https://drive.google.com/file/d/13EnD_2-DoiWLymamXgXQmpXWJnjxHDUE/view?usp=sharing

Required:

1.Identity the situation (the scene in the video) and explain two ethical threats to independence and fundamental ethical principles that the auditors faced.

2.For each of the threat identified in (1), comment on how the auditors have dealt with the issues and whether they have complied with PES1.

Note: When necessary, students need to mention name of relevant characters in the film.