Economics · Auditing and Professional Ethics

According to professional auditing ethics, which of the following scenarios creates an 'advocacy threat' to independence for an audit firm (Currant & Co) planning its engagement with a client (Orange Financials)? 1. The audit engagement partner is asked to attend meetings with potential investors to support the client's fund raising. 2. The firm is offered the opportunity to provide non-assurance services. 3. The firm is asked to prepare the financial statements. 4. A partner who previously worked for the client is proposed as the quality review partner.