QUESTION $3(30$ Marks$)$ You have been appointed as a senior internal auditor of Golden Finance Co $($Golden$)$ and you busy planning the review of their operations. Golden is a banking institution which provides a range of financial services including loans. You have been with the company for only four months to date, and the company$$s year$-$end is $30$ September $2019.$ At the end of August, Golden$$s financial controller left and the new replacement is not due to start until approximately two months after the year end. The finance director, who is the sister$-$in$-$law of the audit engagement partner, has asked if a member of the audit team that you are leading can be seconded to their finance department for three months to act as the temporary financial controller. You are aware that a number of the audit team members currently bank with Golden, and two team members have significant loans owing to the company. Their taxation department$$s books are also not in order, as SARS has issued a warning for non$-$compliance in terms of their taxes. They have been approached by the finance director to represent them in negotiations to resolve some outstanding issues with the taxation authorities, for which the fees quoted are substantial. The finance director has informed the audit engagement team that when the audit is complete, she would like the whole team to attend an evening watching the national football team play a match followed by a luxury meal. $3\mathrm{.}1$ Identify and explain FIVE ethical threats which may affect the independence of the senior internal auditor. $(15)3\mathrm{.}2$ Explain how the threats might be reduced to an acceptable level. $(15$