Hi, What could be the threats that could be arising as a result of auditor undertaking non-audit service that includes “advising on restructuring provision”. I could think of self-review threat, and probably management responsibility as well.Correct me if I’m wrong.
I find there’s always a self review, self interest (extra fee), advocacy and potential management responsibility with NAS.
Depends how you see it and depends how much you want to speculate.
I’ve seen all kinds of answers with all sorts of speculation and interpretation, if honest, with this paper, just go with it but explain it and who knows, you might get the marks..