In your capacity as a manager at McBride & Murphy Partners (MBM), a medium-sized chartered certified accountancy firm, you have been approached by Jessica Blunt, the managing director and majority shareholder of Kidzplay, a distributor of children’s toys. Ms. Blunt has reached out to MBM, proposing the firm to take on the role of an auditor for Kidzplay. Furthermore, she seeks business consultancy and advice, as she intends to develop a business plan and secure funding for a new manufacturing facility in China.