An example of a self-review threat for CPAs in business is:
A) Serving as both the CFO of a company and member of its audit committee
B) Owning stock in the company the CPA works for
C) Internal auditor accepts work she previously performed in a different position
D) Serving as both the CFO of a company and member of the board of directors

Question

Quizplus · Accepted Answer

A self-review threat occurs when an auditor reviews work they previously performed in a different capacity, which could compromise their objectivity. In option C, the internal auditor reviewing work they previously did in a different position exemplifies this threat.

An Example of a Self-Review Threat for CPAs in Business